Tag Archives: Whitbread

Costa to become its own listed entity as Whitbread rules timing is right for demerger

Costa to become its own listed entity as Whitbread rules timing is right for demerger

Whitbread confirmed this morning that it plans to split off Costa, the UK’s largest coffee chain, as a separate business. The company said it has been thinking about separating Premier Inn and Costa “for some time” but wanted to wait until it was the right time to optimise value for shareholders. The plan now is

Costa seeks to arrest decline in high street store performance

Costa Coffee is pulling out all the stops to arrest a decline in business at its traditional high street branches, the chain revealed this morning. The company’s revenue soared 7% during its latest quarter, for the three months to the end of November 2017, with the launch of new drive-thru, retail park and travel locations

Whitbread places kitchens centre stage for raft of casual dining sites

UK restaurant, coffee shop and hotel operator Whitbread has announced plans to expand its portfolio through the launch of its newest brand Cookhouse and Pub in the West Midlands. Cookhouse and Pub in Oldbury, which is part of Whitbread’s mission to re-invent the pub dining experience with quality food served in an informal, all-day casual restaurant,

Whitbread shores up supplier management with tech contract extension

The UK’s largest hospitality company Whitbread has extended its partnership with leading solutions provider Trade Interchange by a further two years after using the firm’s software to improve its procurement and supplier management processes. The contract extension, which is for a minimum of two years, comes off the back of an successful three years using the

Azzurri, Prezzo and CDG tipped to lead market consolidation

Overseas investors could be tempted to dip their toe into the UK foodservice market over the next six to 12 months, while the country’s biggest chains may look upon acquisition as their quickest route to growth, analysts have suggested. Despite challenging market conditions, continued private equity interest in “differentiated, scalable concepts” is expected to attract

Costa on track for 250 more sites as new equipment pushes growth

Coffee giant Costa remains on track to open between 230 and 250 new stores worldwide after achieving modest sales growth, Whitbread’s Q1 results revealed this morning. But growth within its restaurants was slower at +0.7% like-for-like. Costa’s sales growth (+1% like-for-like) has partly been attributed to the rolling out of its new breakfast and hot

DATA JUST OUT: Fall in pub and restaurant groups exposes ‘flat’ market

Britain’s managed pub and restaurant market experienced a dip in trading in May, with operators recording collective like-for-like sales down 0.4% compared to the same month last year, latest figures from the Coffer Peach Business Tracker show. Groups trading in London did slightly better with like-for-likes up 0.1%, compared to a 0.6% fall outside of

Commercial Kitchen gears up for opening tomorrow

Commercial Kitchen, considered the premier trade show for the UK’s catering equipment industry, returns to the NEC Birmingham this week. Doors open tomorrow at 10am, with more than 2,000 attendees expected over 6-7 June. Reflecting the show’s broad appeal, representatives from well-known brands such as Pret, EAT., Costa, Subway, Sainsbury’s, Tesco, Debenhams, Pizza Hut, Nando’s,