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.

PROMOTED VIDEO
Arts and Entertainment
tv
Sport
Ojo Onaolapo celebrates winning the bronze medal
commonwealth games
Arts and Entertainment
Rock band Led Zeppelin in the early 1970s
musicLed Zeppelin to release alternative Stairway To Heaven after 43 years
Arts and Entertainment
Tracey Emin's 'My Bed' is returning to the Tate more than 15 years after it first caused shockwaves at the gallery
artTracey Emin's bed returns to the Tate after record sale
Environment
Neil Young performing at Hyde Park, London, earlier this month
environment
News
i100
News
ebookA unique anthology of reporting and analysis of a crucial period of history
News
Prince Harry is clearing enjoying the Commonwealth Games judging by this photo
people(a real one this time)
Sport
Lionel Messi looks on at the end of the final
football
Extras
indybest
News
Richard Norris in GQ
mediaGQ features photo shoot with man who underwent full face transplant
News
Gardai wait for the naked man, who had gone for a skinny dip in Belfast Lough
newsTwo skinny dippers threatened with inclusion on sex offenders’ register as naturists criminalised
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

Project Manager (HR)- Bristol - Upto £400 p/day

£350 - £400 per annum + competitive: Orgtel: Project Manager (specializing in ...

Graduate / Trainee Recruitment Consultant - IT

£25000 per annum + OTE £40,000: SThree: Orgtel are seeking Graduate Trainee Re...

HR Business Partner - Banking Finance - Brentwood - £45K

£45000 per annum + Benefits: Ashdown Group: ** HR Business Partner - Senior H...

PA / Team Secretary - Wimbledon

£28000 - £32000 per annum + Benefits: Ashdown Group: PA / Team Secretary - Mat...

Day In a Page

Save the tiger: The animals bred for bones on China’s tiger farms

The animals bred for bones on China’s tiger farms

The big cats kept in captivity to perform for paying audiences and then, when dead, their bodies used to fortify wine
Ebola epidemic: Plagued by fear

Ebola epidemic: Plagued by fear

How a disease that has claimed fewer than 2,000 victims in its history has earned a place in the darkest corner of the public's imagination
The children were playing in the street with toy guns. The air strikes were tragically real

The air strikes were tragically real

The children were playing in the street with toy guns
Boozy, ignorant, intolerant, but very polite – The British, as others see us

Britain as others see us

Boozy, ignorant, intolerant, but very polite
Countries that don’t survey their tigers risk losing them altogether

Countries that don’t survey their tigers risk losing them

Jonathon Porritt sounds the alarm
How did our legends really begin?

How did our legends really begin?

Applying the theory of evolution to the world's many mythologies
Watch out: Lambrusco is back on the menu

Lambrusco is back on the menu

Naff Seventies corner-shop staple is this year's Aperol Spritz
A new Russian revolution: Cracks start to appear in Putin’s Kremlin power bloc

A new Russian revolution

Cracks start to appear in Putin’s Kremlin power bloc
Eugene de Kock: Apartheid’s sadistic killer that his country cannot forgive

Apartheid’s sadistic killer that his country cannot forgive

The debate rages in South Africa over whether Eugene de Kock should ever be released from jail
Standing my ground: If sitting is bad for your health, what happens when you stay on your feet for a whole month?

Standing my ground

If sitting is bad for your health, what happens when you stay on your feet for a whole month?
Commonwealth Games 2014: Dai Greene prays for chance to rebuild after injury agony

Greene prays for chance to rebuild after injury agony

Welsh hurdler was World, European and Commonwealth champion, but then the injuries crept in
Israel-Gaza conflict: Secret report helps Israelis to hide facts

Patrick Cockburn: Secret report helps Israel to hide facts

The slickness of Israel's spokesmen is rooted in directions set down by pollster Frank Luntz
The man who dared to go on holiday

The man who dared to go on holiday

New York's mayor has taken a vacation - in a nation that has still to enforce paid leave, it caused quite a stir, reports Rupert Cornwell
Best comedians: How the professionals go about their funny business, from Sarah Millican to Marcus Brigstocke

Best comedians: How the professionals go about their funny business

For all those wanting to know how stand-ups keep standing, here are some of the best moments