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Waitrose Swallowing EAT? March 30, 2010

Posted by bitchwantstea in Food.
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Supermarket Waitrose is in exclusive talks to buy sandwich bar and coffee chain EAT, The Sunday Times reported – without citing sources.

The supermarket, which is owned by department stores group John Lewis , had been given a month to finalise a deal, with a price tag on the chain of about 100 million pounds, the report said.

EAT, which was founded 13 years ago by Niall and Faith MacArthur, has 100 branches selling sandwiches, soups, pies and drinks.

Waitrose was thought to be planning to open EAT cafes inside its supermarkets and to sell Waitrose food in EAT stores, The Sunday Times said.

Waitrose declined to comment on the report, while EAT was not immediately available for comment.

Guess we’ll find out either way pretty soon, eh?

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