Cake Box Holdings - Operations Update
(the "Company" or the "Group")
Our priority throughout this crisis has been the health, safety and wellbeing of customers, staff and franchisees and the communities in which we operate. The Group announced on
· Operating with smaller teams in store to allow for social distancing from colleagues;
· Clear demarcation of required social distancing throughout the premises;
· Staff wearing PPE at all times including face masks and shields; and
· Implementing an enhanced personal and property hygiene regime
Following an initial trial, limited to a number of stores operating our Click & Collect service and Delivery in partnership with select online platforms, the effective implementation of these new processes has meant that the Group has, with confidence, been able to inform its franchise stores that they are able to resume trading at the discretion of the individual franchisee.
Accordingly, we currently have 79 franchise stores open, offering a limited menu of products, and anticipate having the full high street estate open by early June. Initial demand from customers has been encouraging, albeit at much lower levels than in normal trading conditions given the ongoing lockdown restrictions.
Production is currently limited to our
The Group will continue to keep all measures under review, prioritising the safety of all of its stakeholders.
For further information, please contact:
+44 (0) 20 8443 1113
+44 (0) 20 7408 4090
+44 (0) 20 3128 8100
This information is provided by RNS, the news service of the
Quick facts: Cake Box Holdings PLC
Market Cap: £66.2 m
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