Mercato Metropolitano is expected to rise up between £3 and £5 million to finance its international expansion. The company is planning to open 3 new sites in the UK: the first in Canary Wharf is planned for beginning 2021 and the second in Elephant and Castle by summer with the third one to open in autumn in Ilford.
By 2025, the company is aiming to open new sites in Atlanta, Boston, Miami, New York, Berlin, Lisbon and Milan. In total, the international expansion is expected to create 2,000 new jobs.
Mercato Metropolitano
The first Mercato Metropolitano started in 2015 during the World Expo in Milan, in the site of a disused railway station. Over few months period, the Mercato had more than two million visitors with customer spend over €8 million. A first UK site was open in Elephant & Castle, London in 2016. To know more: https://www.mercatometropolitano.com/mmarketplace/#the-mercato-story
Long-term KFC franchisee Gastronomy and sister company Café Fortune have appointed Mary-Helen Waldron as group…
Hala Group has reported record sales for the year to 30 June 2025, although profits…
UK-based franchise operator Queensway, which runs Starbucks and KFC outlets, has expanded its international presence…
Often called one of London’s coolest bakeries, Jolene first opened in Newington Green in North…
Multi-brand franchise operator Acca Group has reported a 10.9% rise in turnover to a record…
Cotti Coffee, China’s second-largest coffee chain, has continued its UK rollout with the opening of…