Caffè Ritazza owner eyes empty Tube ticket offices

 

The company behind coffee shops, food stores and restaurants at airports and train stations is hoping to cash in on Transport for London’s plans to install retailers in soon- to-be empty ticket offices at Underground stations.

Kate Swann, the chief executive of SSP, said that the company which owns the Upper Crust and Caffè Ritazza brands has been involved in discussions with Tube bosses, who want to raise £3bn and have already announced several high-profile deals with major supermarkets and delivery firms.

Asked about wanting to be in Tube stations, she said: “We are in constant discussions with all our key clients, including Transport for London. We already have good relationships in that area because we’re in train stations across the country.”

Her comments come as the company revealed that underlying pre-tax profits jumped 12.6 per cent to £54m for the six months to end of March. SSP’s sales were up 4.6 per cent at £866m.

Sales in the US were particularly strong following new openings in New York’s JFK airport, alongside Phoenix and San Diego.

Ms Swann, the former boss of WH Smith, said the potential in the US is significant – sales in North America were up 25 per cent – because airports have been slow to offer a wider choice of food and drinks stores.

She said: “Most of the airport owners there are government, whereas in the rest of the world they are more commercial landlords, which makes things a bit slower. It’s democratic and everyone is asked their opinions.”

Airport and train station operators are also becoming more discerning with the kind of restaurants and cafes SSP installs, with bosses wanting a more-targeted approach.

Ms Swann said: “Our clients want us to replicate what’s important to the local area. In Newcastle airport, for example, we’re just opened a new bar called the Newcastle Beer House.”

Elsewhere, the Dani Garcia Deli Bar at Malaga airport sells locally sourced food while the Grain Loft at Manchester airport promotes regional ales.

Sales across the rest of the world were up 9 per cent, but these were dragged down by unrest in Egypt and Thailand, while SSP’s lack of business in South America means that it will not benefit directly from the World Cup in Brazil.

Start your day with The Independent, sign up for daily news emails
Arts and Entertainment
musicOfficial chart could be moved to accommodate Friday international release day
Sport
Wes Brown is sent-off
football
News
i100
Sport
Italy celebrate scoring their second try
six nations
Sport
Glenn Murray celebrates scoring against West Ham
footballWest Ham 1 Crystal Palace 3
Arts and Entertainment
Drake continues to tease ahead of the release of his new album
music
ebooks
ebooksA special investigation by Andy McSmith
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

SThree: HR Benefits Manager

£40000 - £50000 per annum + pro rata: SThree: SThree Group have been well esta...

Recruitment Genius: Office Manager / Financial Services

£30000 - £37000 per annum: Recruitment Genius: Established in 1999, a highly r...

Jemma Gent: Year End Accountant

£250-£300 Day Rate: Jemma Gent: Are you a qualified accountant with strong exp...

Jemma Gent: Management Accountant

£230 - £260 Day Rate: Jemma Gent: Do you want to stamp your footprint in histo...

Day In a Page

Chelsea vs Tottenham: Harry Kane was at Wembley to see Spurs beat the Blues and win the Capital One Cup - now he's their great hope

Harry Kane interview

The striker was at Wembley to see Spurs beat the Blues and win the Capital One Cup - now he's their great hope
The Last Word: For the good of the game: why on earth don’t we leave Fifa?

Michael Calvin's Last Word

For the good of the game: why on earth don’t we leave Fifa?
HIV pill: Scientists hail discovery of 'game-changer' that cuts the risk of infection among gay men by 86%

Scientists hail daily pill that protects against HIV infection

Breakthrough in battle against global scourge – but will the NHS pay for it?
How we must adjust our lifestyles to nature: Welcome to the 'Anthropocene', the human epoch

Time to play God

Welcome to the 'Anthropocene', the human epoch where we may need to redefine nature itself
MacGyver returns, but with a difference: Handyman hero of classic 1980s TV series to be recast as a woman

MacGyver returns, but with a difference

Handyman hero of classic 1980s TV series to be recast as a woman
Tunnel renaissance: Why cities are hiding roads down in the ground

Tunnel renaissance

Why cities are hiding roads underground
'Backstreet Boys - Show 'Em What You're Made Of': An affectionate look at five middle-aged men

Boys to men

The Backstreet Boys might be middle-aged, married and have dodgy knees, but a heartfelt documentary reveals they’re not going gently into pop’s good night
Crufts 2015: Should foreign dogs be allowed to compete?

Crufts 2015

Should foreign dogs be allowed to compete?
10 best projectors

How to make your home cinema more cinematic: 10 best projectors

Want to recreate the big-screen experience in your sitting room? IndyBest sizes up gadgets to form your film-watching
Manchester City 1 Barcelona 2 player ratings: Luis Suarez? Lionel Messi? Joe Hart? Who was the star man?

Manchester City vs Barcelona player ratings

Luis Suarez? Lionel Messi? Joe Hart? Who was the star man at the Etihad?
Arsenal vs Monaco: Monaco - the making of Gunners' manager Arsene Wenger

Monaco: the making of Wenger

Jack Pitt-Brooke speaks to former players and learns the Frenchman’s man-management has always been one of his best skills
Cricket World Cup 2015: Chris Gayle - the West Indies' enigma lives up to his reputation

Chris Gayle: The West Indies' enigma

Some said the game's eternal rebel was washed up. As ever, he proved he writes the scripts by producing a blistering World Cup innings
In Ukraine a dark world of hybrid warfare and murky loyalties prevails

In Ukraine a dark world of hybrid warfare

This war in the shadows has been going on since the fall of Mr Yanukovych
'Birdman' and 'Bullets Over Broadway': Homage or plagiarism?

Homage or plagiarism?

'Birdman' shares much DNA with Woody Allen's 'Bullets Over Broadway'
Broadchurch ends as damp squib not even David Tennant can revive

A damp squib not even David Tennant can revive

Broadchurch, Series 2 finale, review