Coffee bar group Caffe Nero's expansion plans were back into the spotlight after
it emerged it had set aside £10 million for growth.
The company, which has been linked with a bid for troubled rival Coffee Republic, said the cash pile would maintain its current rate of expansion of three to four new stores a month.
It said its business remained healthy and the Aroma sites bought from McDonald's in April were trading 20 per cent above pre-acquisition levels.
The comments are in contrast to those made by Coffee Republic last week, which reported spiralling losses.
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