2112 Posted September 5, 2022 Share Posted September 5, 2022 Perhaps if you concentrate on the basics, instead of huge expansion plans, as though you are a conglomerate, then it’s possible to ride out the economic storm and survive. I’m sure their bread is incredibly nice and a joy to eat but personally I’m happy with ordinary whole meal from Tesco, Shopshite, Spar or the Coop. I would think that many residents are worrying about paying their bills, keeping their heads up and hoping they still have jobs. It’s the highly paid yuppie types, the egamers, some finance workers and the professional classes who will buy lots of Noa products including having a coffee. Perhaps there are loads of people who buy lots of artisan bread. I’ve had artisan bread and other products and yes I can afford it, but to me it’s an indulgence, a treat every now and again. 2 Quote Link to comment Share on other sites More sharing options...
offshoremanxman Posted September 5, 2022 Share Posted September 5, 2022 1 hour ago, Roger Mexico said: There's also a piece on Gef. Reading it I can't be sure if they are cutting back or expanding. Moving out of Fort Street to larger premises nearby where they can combine the bakery with a café again looks like expansion to me and they don't seem to be shutting the Market Hall operation down. At most they seem to be switching production from bread to other (probably higher margin) lines. The Market Hall outlet will be transformed into something quite different and they’re consolidating the bakery operations elsewhere. Same as Cycle 360 the silly cycle shop / coffee shop format is so old hat as the lycra jockeys don’t buy your expensive food and drink anyway. Quote Link to comment Share on other sites More sharing options...
Jarndyce Posted September 5, 2022 Share Posted September 5, 2022 (edited) 1 hour ago, 2112 said: I’ve had artisan bread and other products and yes I can afford it . Edited September 5, 2022 by Jarndyce Deleted - pointless post Quote Link to comment Share on other sites More sharing options...
NoTailT Posted September 5, 2022 Share Posted September 5, 2022 37 minutes ago, offshoremanxman said: The Market Hall outlet will be transformed into something quite different and they’re consolidating the bakery operations elsewhere. Same as Cycle 360 the silly cycle shop / coffee shop format is so old hat as the lycra jockeys don’t buy your expensive food and drink anyway. Isn't it basically going to become an Eagle Labs with red rather than blue, that happens to have a cafe in it? 'transformed' I'm not so sure. I've been in the one in Jersey, it didn't change my life. 1 Quote Link to comment Share on other sites More sharing options...
offshoremanxman Posted September 5, 2022 Share Posted September 5, 2022 5 minutes ago, NoTailT said: Isn't it basically going to become an Eagle Labs with red rather than blue, that happens to have a cafe in it? 'transformed' I'm not so sure. I've been in the one in Jersey, it didn't change my life. It’s a much better idea than a bike shop where over grown children can spunk £5K on a bike in between lattes. Quote Link to comment Share on other sites More sharing options...
NoTailT Posted September 5, 2022 Share Posted September 5, 2022 18 minutes ago, offshoremanxman said: It’s a much better idea than a bike shop where over grown children can spunk £5K on a bike in between lattes. They don't even buy lattes! Just ask for a freebie! Quote Link to comment Share on other sites More sharing options...
alpha-acid Posted September 5, 2022 Share Posted September 5, 2022 3 hours ago, Roger Mexico said: There's also a piece on Gef. Reading it I can't be sure if they are cutting back or expanding. Moving out of Fort Street to larger premises nearby where they can combine the bakery with a café again looks like expansion to me and they don't seem to be shutting the Market Hall operation down. At most they seem to be switching production from bread to other (probably higher margin) lines. I doubt beer has a bigger margin, unless they are licensing the premises then the get the production profit and the retail profit Quote Link to comment Share on other sites More sharing options...
The Phantom Posted September 5, 2022 Share Posted September 5, 2022 39 minutes ago, offshoremanxman said: It’s a much better idea than a bike shop where over grown children can spunk £5K on a bike in between lattes. This overgrown child savours the opportunity to drool over bike porn whilst the kids have pancakes and the wife a cappuccino. Personally I think a bike shop cafe combo is a great idea. I also think the food at 360 is better than Noa. Quote Link to comment Share on other sites More sharing options...
2112 Posted September 5, 2022 Share Posted September 5, 2022 1 hour ago, NoTailT said: Isn't it basically going to become an Eagle Labs with red rather than blue, that happens to have a cafe in it? 'transformed' I'm not so sure. I've been in the one in Jersey, it didn't change my life. Santander Bank/Cafe like Jersey. I think Noa are running it but could be wrong. Quote Link to comment Share on other sites More sharing options...
offshoremanxman Posted September 5, 2022 Share Posted September 5, 2022 22 minutes ago, The Phantom said: This overgrown child savours the opportunity to drool over bike porn whilst the kids have pancakes and the wife a cappuccino. Personally I think a bike shop cafe combo is a great idea. I also think the food at 360 is better than Noa. I think the format has probably had it’s day now. Quote Link to comment Share on other sites More sharing options...
Roger Mexico Posted September 5, 2022 Share Posted September 5, 2022 47 minutes ago, 2112 said: Santander Bank/Cafe like Jersey. I think Noa are running it but could be wrong. Yes that's right: https://www.iomtoday.co.im/news/noa-site-on-quay-will-become-a-work-cafe-556735 There's quite a few around the world. Quote Link to comment Share on other sites More sharing options...
NoTailT Posted September 5, 2022 Share Posted September 5, 2022 Just now, Roger Mexico said: Yes that's right: https://www.iomtoday.co.im/news/noa-site-on-quay-will-become-a-work-cafe-556735 There's quite a few around the world. How well does the Eagle labs do? It always looks very quiet inside when I walk past. Quote Link to comment Share on other sites More sharing options...
Kopek Posted September 5, 2022 Share Posted September 5, 2022 Aren't Noa moving into the LLoyds Bank building? With production facilities, they won't need the Fort St building. Quote Link to comment Share on other sites More sharing options...
NoTailT Posted September 5, 2022 Share Posted September 5, 2022 Just now, Kopek said: Aren't Noa moving into the LLoyds Bank building? With production facilities, they won't need the Fort St building. In to Peveril opposite sea terminal, yes. Quote Link to comment Share on other sites More sharing options...
NoTailT Posted September 5, 2022 Share Posted September 5, 2022 1 minute ago, Roxanne said: See, this is what happens when you try to keep something a secret but think that only telling one person at a time doesn't count. Now everyone has their own version of events. I mean, we are reading news articles... Quote Link to comment Share on other sites More sharing options...
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