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Tesco Sells Euphorium Bakery Chain To Soho Coffee, Samworth Brothers

August 26, 2016: 12:00 AM EST
UK retailer Tesco has agreed to sell Euphorium Bakery chain to casual dining operator Soho Coffee. Covered by the purchase deal are the four high-street stores of the bakery chain and its factory in Islington. Soho Coffee plans to continue operating the stores under the Euphorium brand. In another transaction, Tesco sold the bakery chain's Weybridge factory to long-time supplier Samworth Brothers.
George Macdonald et al, "Tesco Sells Euphorium Bakery a Year After Taking Full Ownership", Retail Week, August 26, 2016, © Webvision
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