All Costa articles – Page 38
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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
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News
YO! secures Fareham site
YO! Sushi, the Quilvest-backed, Robin Rowland-led chain, is set to open in Fareham before the year end, after securing a site at the Whiteley development in Hampshire
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NewsCosta to make Wales drive thru debut
Costa Coffee has applied for planning consent to develop its first drive-thru site in Wales, as it continues to push the brand well beyond the high street
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News
Coffee shop market value to top £1.45bn
The total value of the UK coffee shop market is to reach £1.45bn by 2016, as convenience increasingly becomes an important factor for consumers, according to research by consultancy firm Pragma
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Analysis & InsightEspresso Yourself: Finding your USP
The coffee market is relatively mature but forecast to continue to grow. Whether you are a big chain or a small independent, there is still room to carve new niches. However, this may only be achieved through careful consideration, says Florence Graham-Dixon, strategy analyst at Pragma.
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NewsCosta eyes garden centre sector
Costa Coffee, the Whitbread-owned chain, is set to launch its first site in partnership with the c130-strong Garden Centre Group (GCC)
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OpinionGiraffe finds every little helps
Tesco’s purchase of Giraffe earlier this year moved both the family-friendly restaurant and the grocery giant into new territory. Has it created a blueprint for a new approach for the mid-market sector? Russel and Juliette Joffe talk about life under their new owners.
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Weekend Press
Weekend press round-up, 17-18 August
Pubs Irish Nationwide took €130m hit on loan deal with UK pubs chainIrish Natiowide Building Society (INBS) took a gigantic hit of €130m on a single client by agreeing to a bizarre loan restructuring for one of its biggest clients in the summer of 2007 as the society was gearing ...
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NewsRollo: Costa performance to be weaker
A leading analyst has said that he expects Whitbread to report a 3% increase in like-for-like sales growth in its second quarter
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OpinionThe life of pea
Mike Biggins, a veteran of international restaurant franchising, wants British consumers to fall in love with a meat-free Middle Eastern delicacy as he heads the expansion of Just Falafel across the country. Early signs are positive, Biggins says, as he looks to adapt the format for the UK market
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NewsKout enters coffee market
Kout Food Group (KFG), the Kuwaiti-based foodservice firm, which recently acquired Little Chef, has announced the acquisition of award-winning Costa Coffee franchisee South West Coffee, which operates eight sites, for c£3.1m.
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News
Pita Pit to make UK debut
Pita Pit, the North American-based healthy fast food concept, is to make its debut in the UK in Manchester this October, with plans to roll out the brand to 24 sites over the next 10 years
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News
French downgrades Whitbread
Analyst believes Costa and Premier Inn will reach saturation in the UK earlier than anticipated, while ROIC at Whitbread Hotel & Restaurants is static
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Weekend Press
Weekend press round-up, 10-11 August
Weekend Press 10-11 August Companies and markets The sun shines on pubs and Spirit rises The belated arrival of summer has offered some salvation to Britain’s beleaguered brewing and pub industry. The shares have now thrown off the shackles and, along with the rest of the stock market, are enjoying ...
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Analysis & Insight
Consumers demand more from food-to-go
Almost two thirds (61%) of consumers now buy lunch on-the-go, according to new research that says people are demanding more from food-on-the-go options