All Costa articles – Page 9
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Analysis & Insight
Sector sagas keep us all guessing
Dominic Walsh reflects on an action-packed few weeks in the sector, which has seen big deals, high-profile resignations and further twists in the Patisserie Valerie saga.
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NewsGoldex sells 14 Costa franchise sites to AM Coffee Holdings
Goldex Investments Limited has sold 14 of its 60 Costa Coffee franchise site to AM Coffee Holdings, in a multi-million pound deal.
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News
Attwood takes up Coco di Mama MD role
Jim Attwood, formerly of Costa, has formerly joined Coco di Mama, the Azzurri Group-backed, quick-service Italian concept, as its new managing director.
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NewsDacosta confirms details of paella concept launch
Quique Dacosta, the three Michelin-star Spanish chef, has revealed his new rice-focused concept will be called Arroz QD, and will open in Eastcastle Street, Fitzrovia in early 2019.
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NewsWhitbread to retain Pure
Whitbread has reiterated that its key focus will be on hotels following the sale of Costa Coffee to Coca-Cola, though said it would retain its 49% investment in Pure, the healthy-eating grab and go concept.
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NewsAnalysts corner: Goodbody on Whitbread
Goodbody analysts have set out their view on the prospects for Whitbread, post the divestment of Costa, suggesting that it opens the door for value creation.
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OpinionA crescendo of coffee
Following a successful fundraise on Crowdcube this summer, coffee shop and wine bar Notes is looking to double its estate over the next two years. Georgi Gyton finds out more about its growth plans, which include a move into travel hubs, starting with train stations
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Analysis & Insight
In other news
Whilst last week’s news was dominated by the fast-moving story at Patisserie Holdings, the last month has shone a light on a number of other companies in the sector, which are faced with their own issues and questions about their future. Mark Wingett gives his thoughts on the Coaching Inn Group; TGI Fridays; Five Guys; The Restaurant Group (TRG); and Gordon Ramsay.
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NewsMcGowan departs TRG in restructure
The Restaurant Group has confirmed to MCA that Murray McGowan has left his role as managing director of its Leisure division.
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NewsWhitbread shareholders vote in favour of Costa sale
Whitbread shareholders have overwhelmingly approved the sale of its Costa Coffee arm to Coca-Cola for £3.9bn.
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Opinion
Translating digital dreams into operational reality
Much of the innovation at the top end of the sector in recent years has been focussed on or driven by technology, but large swathes of the industry still remain relatively untouched by this digital revolution. Simon Stenning assesses the areas in which technology can have a tangible impact for operators, including the rapid development of electric cars.
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NewsBewiched Coffee lines up two sites, eyes drive-thru market
Bewiched, the Northampton-based coffee shop group, has lined up two new sites, and is looking to crack the burgeoning drive-thru coffee market, MCA has learnt.
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NewsCrepeAffaire sets out US plans
CrepeAffaire, the fast casual crepe café chain, has announced plans to open its first US sites in the first half of 2019.
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NewsAutumn menu round up: Continued focus on veggie options, with a heartier twist
As the air takes on a decidedly fresher feel, pubs and restaurants are unveiling their Autumn menus filled with a host of heartier options.
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NewsKFC franchisee secures c£14m debt facility
Auriga Holdings, one of the longest-serving KFC franchisees in the UK, has secured a new £13.95m debt facility from Metro Bank, as it eyes further expansion.
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NewsDerkach steps down as EAT chairman
John Derkach, the former chief executive of Tragus Group and managing director of Costa Coffee, has stepped down as chairman of EAT, the food to go chain, MCA understands.
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OpinionWhat next for Whitbread?
Dominic Walsh looks at what the future is likely to hold for Whitbread following the sale of Costa to Coca-Cola. He asks whether Pure is being lined up to repeat Costa’s success story and where the deal leaves Premier Inn, as well as speculating on whether this marks the beginning of the end for Whitbread as a corporate entity, and how many tears would be shed over its demise.
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OpinionAnalysts corner: Morgan Stanley on Whitbread
Following the news last week that Whitbread is to sell Costa Coffee to Coca-Cola, leading analyst Jamie Rollo from Morgan Stanley asks what’s next for Whitbread, now the focus has shifted to Premier Inn?
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NewsAnalysts corner: Goodbody and HL on Costa Coffee
Following the news that Whitbread has agreed to sell Costa Coffee to The Coca-Cola Company for £3.9bn in cash, Hargreaves Lansdown and Goodbody give their views on this landmark deal, which saw shares rise 18.4% in early trading
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NewsWhitbread sells Costa to Coca-Cola for £3.9bn
Whitbread has agreed to sell Costa Coffee to Coca-Cola for £3.9bn, a stock market update revealed this morning.