The UK coffee chain is renewing its expansion plans following recent tenders for new units at high footfall transport locations and strong 2021 sales
AMT Coffee reported a 63% fall in sales in 2020 following the pandemic decimating footfall at its key locations | Photo credit: AMT Coffee
UK coffee chain AMT Coffee has promoted Matt Cundrick to the role of Managing Director.
Cundrick has worked as AMT Coffee’s Operations Director since October 2021, having previously worked as Head of Food Services for foodcourt operator Rontec, Head of Food To Go at UK convenience retailer McColl’s and International Hospitality Manager at high street retailer Marks & Spencer.
AMT Coffee, which operates 40 sites in transport hubs and hospitals across the UK, also announced that interim Managing Director Paolo Peretti will remain in the business in an advisory role.
“I have had an enjoyable time with the business and feel that in my sixth turnaround project, my team and I have made a difference as the business is in a very different place to where it was. We have secured new leases for existing units, won tenders for new units, built up strong relationships with our landlords and suppliers, refreshed the brand and revised our food offer, commenced a partnership with Change Please and achieved like-for-like sales which are ahead of many of our competitors. Matt Cundrick has been a huge support every step of the way on this journey, and I am really pleased to be passing the baton to him as he steps up into the Managing Director role,” said Peretti.
AMT Coffee reported a 63% fall in sales in 2020 following the Covid-19 pandemic decimating footfall at its key transport hub locations. However, the company was positive concerning future trading after securing new investment in June 2021 from property entrepreneur David Maxwell.