Loungers PLC Loungers roll-out continues with 4 new sites
13 Noviembre 2023 - 1:00AM
RNS Non-Regulatory
TIDMLGRS
Loungers PLC
13 November 2023
13 November 2023
Loungers plc
("Loungers" or the "Group")
Loungers opens new Lounges in Carlisle, Louth and Hexham, and a
Cosy Club in Oxford
Estate now totals 242 sites, and firmly on track for 34 new
sites in current financial year
Loungers, a leading operator of all day café/bar/restaurants
across the UK under the Lounge, Cosy Club and Brightside brands, is
pleased to announce that its accelerated site roll-out plan remains
firmly on track, with four further sites opened since it announced
its landmark 200(th) Lounge opening on 13 September 2023.
The three new Lounge sites are Alfredo Lounge (part of the
former Eve & Ranshaw department store) in Louth, Lincolnshire,
Bordo Lounge (formerly a Top Shop) in Carlisle, and Muro Lounge
(formerly an Argos) in Hexham. All three locations evidence
Loungers' track record of and ability to breathe new life into the
UK's high streets, bringing footfall and jobs and, in particular,
rejuvenating former retail sites. The Cosy Club in Oxford brings
Loungers to the city of dreaming spires for the first time and is
the Group's 36(th) Cosy Club.
Like all Lounges, the new sites will be a home-from-home for
their customers, offering great, freshly cooked food and drink all
day, with a real focus on making a positive impact on the local
community. Each new Lounge creates 30 new jobs on average, with
each opening typically representing an investment of up to GBP1m
into the local high street.
The Oxford Cosy Club is located in the Cheng Yu Tung building -
formerly Northgate House - which was opened by Jesus College last
year. The interior combines elements of the arts and crafts
movement and Victoriana, with nods to Biba-esq styling from the
Swinging Sixties. It includes 100 statement light fittings, 206
rolls of wallpaper and plumes of ostrich feathers as part of the
furnishings, and boasts two incredible private dining rooms, 'The
Treasury' and 'The Mulberry Suite'.
Nick Collins, CEO of Loungers, said:
"Our accelerated site roll-out plan remains firmly on track, and
we're delighted with the four new sites that we've opened in the
last few weeks. It's particularly pleasing to be increasing our
presence in the North through the openings in Carlisle and Hexham,
and we see significant potential for more sites in both the North
West and the North East.
"It's also great to be finally opening a Cosy Club in Oxford.
It's a city that's been on our list for quite some time and we've
been really pleased with trade in its first few weeks. Our
ambitions for Oxford don't end there and, in time, we see scope for
bringing at least four new Lounge sites to the suburbs of the
city."
Loungers recently stated its firm belief that there is scope for
at least 600 Lounges across the UK, and also announced that it
intends to open 34 new sites across its three brands in the current
financial year alone.
A 'Day In The Life' video of a Lounge can be found here:
https://vimeo.com/866790268/3d75474ae0?share=copy
For further information please contact:
Powerscourt (Financial Public Relations) Tel: +44 (0) 20 7250
Rob Greening / Nick Hayns / Elizabeth 1446
Kittle
Notes to Editors
Loungers operates through its three established complementary
brands - Lounge, Cosy Club and Brightside - in the UK hospitality
sector. A Lounge is a neighbourhood café/bar combining elements of
coffee shop culture, the British pub and dining. There are 203
Lounges nationwide. Lounges are principally located in secondary
suburban high streets and small town centres. The sites are
characterised by informal, unique interiors with an emphasis on a
warm, comfortable atmosphere, often described as a "home from
home".
Cosy Clubs are more formal bars/restaurants offering
reservations and table service but share many similarities with the
Lounges in terms of their broad, all-day offering and their focus
on hospitality and culture. Cosy Clubs are typically located in
city centres and large market towns. Interiors tend to be larger
and more theatrical than for a Lounge, and heritage buildings or
first-floor spaces are often employed to create a sense of
occasion. There are 36 Cosy Clubs nationwide.
Brightside is a roadside dining concept and was launched in
November 2022. The first Brightside location opened on the A38,
south of Exeter, in February 2023, with the second opening in
Saltash near Plymouth in June 2023 and the third in Honiton on the
A303 in August 2023.
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