All Costa articles – Page 11
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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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News
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
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NewsWhitbread outlines Costa demerger plan
Whitbread has confirmed it will seek a demerger of Costa, which it expects to complete within the next two years.
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News
Debenhams to ramp up food offer
Debenhams has reported a 10% sales lift in the food and drink offer across its estate in the 26 weeks to 3 March.
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News
Costa pledges to recycle 500 million cups by 2020
Costa has pledged to recycle as many disposable cups as it sells by 2020 in a bid to reduce landfill waste.
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News
Analysts corner: Goodbody on Whitbread
Goodbody analyst, Gavin Kelleher, has given his view on Whitbread ahead of its preliminary results next week, saying while he retains a cautious outlook on the company, the renewed speculation that a spin-off of Costa is likely is a support to valuation.
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News
Abokado appoints FD and head of marketing
Health eating chain, Abokado, has promoted Richard Chee to the role of finance director.
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Analysis & Insight
Gender pay gap reporting: A sector overview
Gender pay gap reporting has been dominating the headlines this week. With the deadline now passed, what were the numbers reported by some of the biggest players in the eating and drinking out market? MCA takes a look