Harris + Hoole

Harris + Hoole Ltd.
Limited company
Industry Hospitality
Founded 2012
Headquarters London, United Kingdom
Number of locations
 41
Area served
 United Kingdom
Key people
 Nick Tolley, Laura Tolley and Andrew Tolley
Products Coffee, tea, soft drinks
Owner Nick Tolley, Laura Tolley and Andrew Tolley (51%)
Tesco (49%)
Website www.harrisandhoole.co.uk

Harris + Hoole is a British coffeehouse company headquartered in London. It was launched in 2012 by Nick, Laura and Andrew Tolley, with the retailer Tesco taking a 49% stake in the business.[1] Tesco's investment in the company was controversial, as Harris + Hoole appeared to be an independent chain competing with the major companies Starbucks and Costa Coffee.[2] The name comes from two coffee-loving characters in Samuel Pepys' diary. Tesco own up to 49% of the company, which is run by Nick, Andrew and Laura Tolley who own the majority of shares.[3]

In March 2014, the company announced it planned to increase its number of shops to 60.[4] In August that year, it announced that six unprofitable shops would be closed, leaving 41 in operation.[5]

References

  1. ↑ Neate, Rupert (8 August 2012). "Tesco's coffee shop chain to go under Harris and Hoole banner". The Guardian. Retrieved 23 January 2015.
  2. ↑ Wheeler, Brian; Barford, Vanessa (9 January 2013). "Tesco effect: How big firms quietly own little brands". BBC News. Retrieved 23 January 2015.
  3. ↑ Rupert Neate (8 August 2012). "Tesco's coffee shop chain to go under Harris and Hoole banner | Business". London: The Guardian. Retrieved 18 April 2013.
  4. ↑ Neate, Rupert (3 March 2014). "Harris + Hoole coffee shop chain planning to double in size". The Guardian. Retrieved 23 January 2015.
  5. ↑ Lawson, Alex (19 August 2014). "Tesco coffee shop Harris + Hoole to shut six cafés". The Independent. Retrieved 23 January 2015.

External links