Bakery buys comedian's former sites after closure
Summary
Janes Pantry, a bakery company from Gloucestershire, has bought 20 shops that belonged to Coughlan's Bakery, which closed in June due to high costs like business rates and employer taxes. Janes Pantry plans to reopen these shops under its own name and invite former Coughlan's staff to apply for jobs.Key Facts
- Coughlan's Bakery closed in June, citing high business rates and increased employer national insurance taxes.
- Coughlan's had locations in Kent, Surrey, West Sussex, and south London.
- Janes Pantry bought 20 former Coughlan's shops from the liquidators.
- Janes Pantry will reopen these shops with its own brand.
- Former Coughlan’s employees are encouraged to apply for jobs at the reopened shops.
- Janes Pantry currently operates 12 shops and has over 100 employees.
- Comedian Romesh Ranganathan partly owned Coughlan’s but will not be involved in the new business.
- The bakery reopening is expected to restore jobs and bring customers back to the high street.
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