The second cup Ltd. changed its name to aegis brands as part of a plan to diversify beyond coffee shops. In addition to Second Cup, Aegis Brands owns the Ottawa-based Bridgehead coffee shop chain and Hemisphere Cannabis Co.
Why did Second Cup close?
The Second Cup Ltd. is planning to close more underperforming cafés and will begin selling its coffee in grocery stores as the trend of more people working from home during the pandemic continues to affect coffee-shop sales The mississauga-based company announced its plans Friday as it reported second-quarter results.
Is Second Cup out of business?
In February 2021, Aegis Brands agreed to sell Second Cup to Quebec-based Foodtastic Inc. for an undisclosed sale price which included $14 million in cash. Aegis will continue to operate Bridgehead Coffee and Hemisphere Cannabis Co.
Is Second Cup high quality?
At Second Cup Café, we believe that our premium, specialty coffee deserves the highest quality food offering We partner with local best in class bakeries and food suppliers across the country to provide premium quality food made fresh locally and delivered fresh to our cafes.
What happened to Second Cup coffee?
The Second Cup Ltd. changed its name to Aegis Brands as part of a plan to diversify beyond coffee shops. In addition to Second Cup, Aegis Brands owns the Ottawa-based Bridgehead coffee shop chain and Hemisphere Cannabis Co.
Has Second Cup been sold?
MISSISSAUGA, ON, April 26, 2021 /CNW/ – Aegis Brands Inc., (“Aegis” or the “Company”) (TSX: AEG) today announced that it has completed the sale of substantially all of the assets comprising its specialty coffee brand “Second Cup Coffee Co.” to an affiliate of Montreal-based Foodtastic Inc., an emerging leader in the.
Who bought bridgehead?
With headquarters in Toronto, Bridgehead ‘fairly traded’ coffee was well received by consumers, and within three years the business outgrew its informal structure and voluntary management. In 1984 Oxfam-Canada acquired the business and formally incorporated Bridgehead as a federal, for-profit company.
How many Second Cup stores are there in the world?
Second Cup began brewing in 1975 in Toronto, Ontario and has expanded globally to 40 regions worldwide with more than 250 cafes operating internationally.
How many Second Cup stores are there in Canada?
Second Cup is Canada’s largest Canadian-based specialty coffee retailer, operating more than 360 cafés across the country, with its headquarters located in Mississauga, Ontario.
Is Second Cup struggling?
Second Cup has been struggling amid increased competition from both high-end coffee purveyors and fast-food chains offering caffeine jolts. It recently launched a strategic review of the company and announced plans to sell recreational cannabis.
How much does a Second Cup franchise make?
Franchise revenue was $17,829 for the Year (2017 – $15,074) , an increase of $2,755. The increase is primarily due to the consolidation of Co-op Fund contributions of $3,031, offset by lower royalties and coordination fees as a result of a lower number of franchise cafés.
Who is Second Cup target market?
The chain now counts baby boomers who grew up with Second Cup among its biggest clientele, he said. But millennials are an important customer segment, making up 29 per cent of all restaurant visitors, he added.
Is Second Cup fair trade?
Second Cup coffees are Rainforest Alliance Certified, Fair Trade Certified and/or Certified Organic. Products that meet the Clean Label standard will be marked with a unique symbol on Second Cup’s menu boards.
Is there Second Cup in the US?
Modern lounge seating is featured in the front of the cafe and clustered meeting zones are available at the back. Shikatani Lacroix continues to roll out new Second Cup International locations across the U.S., Middle East, Europe and Asia. Second Cup is now located in 18 countries.
How old do you have to be to work at Second Cup Canada?
See questions about. Can a 16 year old work here？ Can a 14 year old work here? From my location, you have to be at least 16 years old.
Is starbucks canadian owned?
Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It is the world’s largest coffeehouse chain.
Is the Second Cup a Canadian brand?
From our humble beginning in 1975 as a kiosk in a shopping mall, selling only whole bean coffee, Second Cup Coffee Co.™ has become the largest Canadian specialty coffee retailer Our goal is to be the best.
How many Starbucks stores are in Canada?
The global coffeehouse chain, Starbucks, had 1,376 stores in Canada in 2021 Most of the chain’s establishments were company-operated, a figure amounting to exactly 908 stores, while the remaining 468 stores were licensed.
Who started bridgehead?
Tracey Clark is the founder and CEO of Bridgehead Coffee. Since 2000 she has grown it to become Ottawa’s largest independent coffee company, with 19 coffeehouses, employing over 300 people.
Who owns Foodtastic?
Peter Mammas – President and CEO – Foodtastic | LinkedIn.
How many bridgeheads are there?
Bridgehead expanded from one outlet in 2000 to nine by 2008, and currently operates twenty outlets , requiring the company to provide calorie counts for all of its food products.
Is Bridgehead a franchise?
Bridgehead will remain an independent brand under its new owners.
How many bridgeheads are in Ottawa?
The chain now has 19 locations in the city, she said, and employs 325 people. “In the very beginning, I always had a goal for Bridgehead that we would be local wherever we were, but that we wanted to be able to expand outside of Ottawa,” Clark said. “It’s an appropriate time, and it’s an appropriate opportunity.
What syrup does second cup use?
Torani Cane Sugar Syrup – Second Cup Café™.
What vanilla syrup does second cup use?
Torani Puremade Maple Syrup – Second Cup Café™.