Saturday, October 22, 2016
COFFEE BEANS & BEINGS / GIANT ISRAELI COFFEE RETAILER OPENS IN MOSCOW
Earlier this year, PillartoPost.org posted an item on Cofix Group Ltd., an Israeli chain of coffee houses (Jan. 30, 2016), where it noted the amazing growth of the company since its founding in 2013 and predicted the company opening a site in Moscow by 2017.
The prediction came true. The first Moscow Cofix coffee outlet opened in early October.
Presently, Cofix has 152 sites in Israel (owned by Avi Katz).
Katz & Co., reportedly project they will have 100 units of Cofix Coffee in place in Russia by 2018 and 1,000 within five years. www.cofix.co.il
The Jerusalem Post says Cofix management has eyes on opening units in Great Britain as its next market.
PillartoPost.org last January pointed out Manhattan may be a shorter term Cofix expansion target.
www.pillartopost.org Go to January 30, 2016 in the archives for our Cofix report.