All Costa articles – Page 37
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NewsCosta to open £1m Heathrow concept site
Costa is to invest close to £1m opening a new store within Heathrow’s Terminal 2: The Queens Terminal next June
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OpinionTaking Tragus forward
Mark Wingett talks to Tragus chief executive John Derkach about his first year at the helm of the Café Rouge, Strada and Bella Italia operator. The former Costa Coffee managing director talks about how Bella is primed for growth, Café Rouge is going through a process of reinvigoration and working to make Strada special again, while touching on some wider sector issues
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NewsCosta opens 50th Compass franchise site
Costa has opened its 50th corporate franchise store in partnership with Compass Group UK & Ireland in London’s Moorfields Eye Hospita
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OpinionOn the turnaround trail
Nick Basing, chief executive of Essenden, tells how he set about the task of leading the recovery of its Tenpin bowling business by focusing on staff engagement, sharing performance data, and changing the culture
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News
Operators eye York’s Monk’s Cross scheme
Giraffe, Ed’s Easy Diner and Prezzo are believed to among the line up of operators poised to take sites at the Monk’s Cross shopping scheme in York, which is set to fully come online next spring
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News
Rollo predicts 10% EPS growth for Whitbread
Leading analyst Jamie Rollo predicts Whitbread will see its earnings per share grow 10% to 89.6p at its H1 results on 22 October, and says the shares need forecast upgrades
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News
F&B lifts Network Rail retail lfls
Dining brands performed the strongest of all retail sectors at Network Rail-operated stations in the three months to the end of June, as Network Rail posted its best retail results for four years, aided by investments at key locations and favourable weather
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NewsFranchising “now a boom industry”
Franchising is “now a boom industry” and competition to partner “McDonald’s or KFC is ferocious”, with franchisees of the former operator able to achieve profits of £200k a year, writes the Evening Standard
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News
New coffee/restaurant venture seeks funding
A fundraising bid for a new coffee shop-meets-restaurant venture, which has plans to expand to high streets across the country, has launched on Crowdcube
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News
H+H to replace Costa at Horsham Tesco
Harris + Hoole, the fast-growing “artisan-style” coffee chain part-owned by Tesco, is set to replace the Costa concession at the supermarket’s store near Horsham, West Sussex
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NewsCosta confirms Garden Centre Group link up
Costa Coffee, the Whitbread-owned chain, has confirmed to M&C Report that it has opened its first concession site in partnership with the c130-strong Garden Centre Group (GCC) near Northampton
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NewsCosta uses new packaging to reaffirm sustainability stance
Costa has announced new product-wide packaging as part of its wider sustainability and corporate social responsibility commitments
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Analysis & Insight
Students driving eating-out market
Students eat out more often than the population of the UK as a whole, with 60% eating out at least weekly, compared to 41% for public as a whole, according the latest Peach BrandTrack consumer survey
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NewsPho secures Birmingham site
Pho, the Isis Equity Partners-backed Vietnamese fast-casual concept founded and led by Stephen and Juliette Wall, has secured its third site outside London, in Birmingham, M&C Report understands
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News
Whitbread: Restaurants, Costa Express, margins, analysts
M&C Report takes a closer look at the Q2 and H1 update from Whitbread, reports from a presentation for analysts featuring chief executive Andy Harrison and finance director Nicholas Cadbury, and speaks to Cadbury
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NewsWhitbread growth slows in Q2
Whitbread, the leisure operator, saw a slowdown in growth in the second quarter of its financial year, with total like-for-likes in the 11 weeks to 15 August up 2.1% against a 2.6% increase across the half-year
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News
Ramsden’s nears pubs link up
Harry Ramsden’s is closing in on a deal to launch a branded offer into the pub sector, which will feature separate approaches for managed and tenanted estates
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NewsAnalyst corner
Leading analyst look ahead to Whitbread’s Q2 interim management statement on 10 September. Notes from Barclays and JP Morgan both give an Overweight recommendation, whereas Simon French of Panmure Gordon reiterates his Sell recommendation for the Costa, Brewers Fayre, Beefeater and Premier Inn operator
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Opinion
Retailers take a seat at the eating-out table
Further pressure is to be placed on the UK’s traditional eating-out industry, with a number of retailers stating their intentions to ramp up their foodservice credentials and compete with established food-led operators, says Mark Wingett.
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NewsCosta Express to target offices sector
Costa is to launch a new generation self-serve machine under its Costa Express brand into the commercial offices sector, which it believes will help double its c3,000-strong estate over the next three years