All Costa articles – Page 5
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News
Gotham’s Christmas-ish Quiz!
It’s the week before Christmas and I hope many thresholds are being crossed, multiple tipples downed and that tills are ringing out! For my part, I have been thinking about what sort of Christmas present to get lucky readers – I have been racking my mind and the best I can do is the joy of a quiz!
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News
Fast-moving grown-up Coco di Mama ‘can do’
Carbs and caffeine is a formula that has fuelled Coco di Mama’s expansion well. The fast-casual brand has been deftly serving long queues of office workers just that since 2011. This sweet spot customer, the 25-35-year-old affluent City worker, was the genesis of the brand in Fleet Street. While this core demographic served Coco well in its early years, a new management team last year realised it needed to broaden its appeal if it was to continue its expansion into adulthood.
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News
Gunwharf Quays – Restaurant and retail therapy a plenty!
With more than 30 bars, cafés and restaurants (as well as over 90 shops) Gunwharf Quays offers an abundance of opportunities for plenty of remedial treatment. Supported by its impressive waterfront location, attractive design and assorted leisure-related reasons to visit, Gunwharf Quays is one of the UK’s finest outlet shopping centres. So amongst some Christmas shopping, I was keen to see how it is using its extensive assortment of Food & Beverage purveyors to both restore weary shoppers as well as to act as a footfall driver in its own right. But also, and more critically, I was keener to see some something new and surprising.
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Analysis & Insight
UK branded coffee shop market significant slowdown
Allegra World Coffe Portal research has found that branded coffee shop outlet growth in the UK - Europe’s largest branded coffee shop market - has slowed to 0.9%.
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News
Costa announces McDonald to replace Paul as CEO
Costa Coffee has announced that CEO Dominic Paul is to be replaced Jill McDonald, formerly of Marks & Spencer.
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Opinion
Tim Hortons: Power play
Tim Hortons may not be a household name in the UK yet, but if the QSR brand’s growth in North America is anything to go by, it soon could be. Georgi Gyton speaks to master franchisee SK Group’s chief commercial officer Kevin Hydes on its plans to steal market share.
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News
Whitbread sees turnaround in total F&B sales
Whitbread has seen total food and beverage sales within Premier Inn UK increase by 0.6% during the first half of 2019/20, following a 0.8% decline seen for H1 last year.
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Opinion
AlixPartners: Cause for cautious optimism
The M&A market for UK restaurant operators remains cautious, with distressed situations making up the majority of activity. However, several high-profile transactions completed in 2019, with investors still willing to pay a premium price in certain circumstances, says AlixPartners’ Graeme Smith
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Analysis & Insight
Food to go continues to buck the trend
The food to go sector has continued to outperform the wider eating out market, with total visits up 6.4% year-on-year to 4.4 billion, according to MCA’s Food to Go Tracker Q2 2019.
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News
Tim Hortons enters delivery with Just Eat
Canadian coffee import Tim Hortons has become the latest high street name to enter the delivery space.
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News
Investors willing to pay premium for best in class operators
Despite the greater prevalence of distress transactions, investors are willing to pay top valuations for businesses that are best in class, according to Graeme Smith, MD at AlixPartners.
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News
Greggs tops Brand Health index
Greggs has been named the number eating out brand in YouGov’s Brand Health Index.
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Analysis & Insight
‘TRG now has a future’
The legacy of Andy McCue’s truncated time as chief executive of The Restaurant Group is, as well all know, the £559m acquisition of Wagamama. When the deal squeaked through last year, there was widespread scepticism over the longevity of its stellar like-for-like sales growth.
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News
Esquires Coffee founder Doug Williamson departs
Esquires Coffee founder director Doug Williamson has left the business, to be replaced by Aiden Keegan who becomes UK CEO, MCA understands.
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News
Costa Coffee launches commuter-concept store
Costa Coffee has opened a ‘commuter-focused’ concept store in Lewisham. Located in what used to be the station managers office, the scaled down outlet is one eight mini-Costa’s that the coffee operator plans to open within the next six months.
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News
Former Costa MD appointed CEO at Ole & Steen
Jason Cotta, the former MD for Costa Coffee UK & Ireland, has been appointed as the new chief executive of Danish bakery chain Ole & Steen.
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Opinion
Dominic Walsh - Getting in on the act
The proposed merger of Just Eat and Takeaway.com is the latest in a string on large-scale M&A activity, which on the face of it has been promoted by the demands of activist shareholders. But the real picture may be less clear cut, argues Dominic Walsh.
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News
Costa extends mobile ordering service
Following a successful trial, Costa Coffee has extended its mobile ordering service to more than 500 stores.
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News
Greggs: “We can do more”
There is a lot more that Greggs can do in terms of its coffee offer, Roger Whiteside, chief executive of the food-to-go retailer has told MCA.
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Analysis & Insight
Is Starbucks’ stardust losing its sparkle?
Three years ago, Starbucks proudly reported trading results for a “momentous year” in which it made its first profits after 17 years of operating in the UK. Profits after tax for the year ending September 2015 came in at £25.8m after a loss of £9.8m the previous year.