
Because the Australian-inspired café group onboards a brand new Chief Industrial & Growth Officer to supervise retailer growth, a more durable economic system requires a contemporary strategy
Identified for its Aussie-inspired hospitality, all-day brunch and boutique venues, New York-based Bluestone Lane is likely one of the most celebrated café chains within the US.
In 2018, the group raised $25m in a Collection E enterprise capital spherical, led by New York-based RSE Ventures – funding which helped it double its footprint from 30 to 60 shops by 2022.
Nonetheless, following the pandemic and the following cost-of-living squeeze, additional outlet development has but to materialise – with World Espresso Portal knowledge exhibiting that Bluestone Lane closed three internet shops final 12 months.
It presently operates 56 shops throughout 10 US states, together with massive footprints in its residence state and California.
Nonetheless, searching for to revive development, Bluestone Lane has now appointed a brand new Chief Industrial & Growth Officer to supervise its US retailer growth.