Easyinternetcafe looks to sub-leasing for progress

Stelios Haji-Ioannou’s Easyinternetcafe is turning away from the idea of having its own sites towards leasing under-utilised space from other retailers.The original concept, which started in 1998, saw the roll-out of 22 stores in eight countries within two years. By September 2001 the company had £53m of net debt and ...

 

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