All Costa articles – Page 11
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NewsAnalysts corner: Hargreaves Lansdown on Whitbread
Overall sales may be up at Whitbread, but Costa Coffee saw a 2% dip in like-for-likes for the first quarter of 2018. Hargreaves Lansdown’s Laith Khalaf and Nicholas Hyett suggest the coffee chain is suffering from a case of the high street blues, and that a spin off might be the best thing for it
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NewsWhitbread f&b lfls down 1.9% in Q1
Whitbread has this morning reported food & beverage sales across the business down 1.9% on a like-for-like basis for its first quarter with Costa UK like-for-like sales down 2%
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Analysis & InsightOpportunities to premiumise tea offer
Operators should premiumise and specialise their tea offer in order to challenge consumers’ poor value for money perception of the beverage out of home, Allegra has suggested.
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NewsArabica Coffee House targeting 50 sites by 2021
Arabica Coffee House is targeting 50 shops opening over the next three years, after opening its first in March this year.
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Analysis & InsightSurvey flags up high salt content of OOH salads
Campaign group Action on Salt is calling for mandatory colour-coded nutrition labelling in restaurants and fast food outlets, following the results of its latest survey, which highlighted the high levels of salt in some bought salads.
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NewsWhitbread ‘considering Costa sell-off’
A circular sent to Whitbread shareholders has mooted the possibility of selling off theCosta Coffee or Premier Inn businesses rather than pursuing a demerger.
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News
Latte Levy could cost £819m
The ‘latte levy’ could cost the coffee shop sector and its supply chain £819m, according to the Paper Cup Alliance (PCA), which represents UK cup manufacturers.
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NewsPizza Hut and Costa franchises sold
KMP Taste, the Pizza Hut Delivery franchisee which operates 30 stores, has been sold.
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NewsAnalysts Corner: Morgan Stanley on Whitbread
Leading analyst Jamie Rollo, from Morgan Stanley, gives his thoughts on what the weakening trading environment means for Whitbread and what its Q1 trading update could show later this month
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NewsPrivate equity groups ‘circle Costa’
A number of private equity groups are circling Costa, opening the door to a potential £3bn sale of the business, according to reports.
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NewsTRG lfls down 4.3% in year-to-date
The Restaurant Group (TRG) has reported like-for-like sales for the 20 weeks to 20 May down 4.3%, with total sales falling 3.1%.
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News
Bear Coffee secures Stone site, eyes two more
Bear Coffee, the West Midlands speciality coffee operator, has secured its third site, in Stone, and is eyeing two more for early 2019, MCA has learnt.
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News
Spanish operator secures former Dstrkt site
Spanish club operator Costa Este group has taken on the former Dstrkt club site, the Evening Standard reports.
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Analysis & Insight
More questions than answers at Whitbread
Whitbread’s announcement that it would seek a demerger of Costa within two years may not have been a surprise given months of speculation but according to Dominic Walsh it has left a number of questions unanswered. He discusses the situation, as well as expressing sympathy for Luminar founder Steve Thomas’ current woes.
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Whitbread acknowledges Costa will be vulnerable to bids
It has emerged that Whitbread’s investor relations team admitted last month’s demerger announcement could trigger bids for Costa.
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Analysis & InsightTim Hortons and Joe & The Juice among fastest growing coffee shop operators
Tim Hortons and Joe & The Juice are among the fastest growing coffee shop operators, according to the latest MCA Branded Coffee Shops report. Canadian concept Tim Hortons led the way in terms of forecast percentage growth by number of outlets, with site numbers set to increase by 61.5% to ...
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News
Whitbread appoints Richard Gillingwater as non-exec
Whitbread has appointed Richard Gillingwater as a non-executive director and senior independent director, with effect from 27 June 2018.
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OpinionAround the world in 80 opportunities
In his latest Going Global column for MCA, international franchise expert Jasper Reid, weighs up the pros and cons of the major franchising targets around the world. He also takes a look at some non-traditional locations where UK eating out brands could thrive.
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NewsAnalysts Corner: Whitbread
Following the news that Whitbread is to split off Costa Coffee from the rest of the business, analysts from Hargreaves Lansdown and Goodbody share their thoughts on the move
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Analysis & Insight
Jones goes back to the coalface
TPG Capital has returned to a trusted lieutenant, and one of the most impressive operators in the UK’s hospitality sector over the last 25 years, in a bid to move Prezzo forward. But why has Karen Jones decided this was the right time and opportunity to get back to the shop floor and how long will she need to be there, asks Mark Wingett