All Costa articles – Page 13
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News
Dunstone associates join CHIK’N board
Sir Charles Dunstone’s business partner and chief financial officer of his investment vehicle have both joined the board of CHIK’N
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Ex-Caprice Holdings bar manager to open first solo site
A former Caprice Holdings bar manager, Leon Costa, is to open his first solo restaurant later this year.
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NewsAyers steps down as Frankie & Benny’s MD
Spencer Ayers has stepped down as managing director of Frankie & Benny’s, The Restaurant Group-owned brand
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NewsTaco Bell lines up four more
Taco Bell, the Yum! Brands fast casual chain, has lined up four new openings, in Brighton, Paisley, Barnsley and Sheffield, MCA has learnt.
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NewsBrittain: Costa needs to re-teach customers on food offer
Whitbread chief executive Alison Brittain has said she is encouraged by the early momentum in food sales at Costa, but has stressed the brand will need to “re-teach” customers.
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Costa lfls up 0.1% in Q2
Like-for-like sales at Costa’s UK equity stores grew 0.6% in the six months to 31 August, slowing to 0.1% in the second quarter.
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Winnow secures £5.6m growth capital
Winnow, a tech start-up that helps commercial kitchens reduce food waste, has raised £5.6m growth capital funding from Circularity Capital.
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NewsTaco Bell confirms Scotland debut
The Adil Group has plans to open “double-digit figures over the next five years” under the Taco Bell brand, after confirming a first site in the country for the concept
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Operators launch nationwide recycling system
Coffee shop chains and foodservice operators have joined forces to work on developing a nationwide recycling system to tackle the UK’s disposable cup crisis, which sees 2.5 billion thrown away each year.
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NewsWhitbread acquires remaining stake in South China JV
Whitbread has announced that Costa has acquired 49% of its South China Joint Venture from its JV partner, Yueda, for RMB 310m (£35m)
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NewsAnalyst corner: Morgan Stanley on Costa
Leading analysts at Morgan Stanley have issued a note arguing that they believe there’s room for 530 more Costa sites in the UK
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NewsBP to nears completion of Wild Bean V2.0 rollout
BP is expecting to complete the rollout of its new generation Wild Bean coffee shop format later this year, MCA has learnt.
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NewsWhiteside: Greggs will go 'well beyond' 2,000 sites
Greggs chief executive Roger Whiteside wants to take the bakery group “well beyond” his public target of 2,000 sites.
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NewsMosaic secures Urban Leisure site; plans bakery concept
Mosaic Pub & Dining, the former City Pub EIS Fund, has secured a new site in London and a second in Canterbury, MCA has learnt.
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NewsChopstix appoints marketing director
Oriental brand Chopstix has appointed Rob Burns, previously of Harry Ramsden’s, to the newly created position of marketing director with immediate effect
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CHIK'N confirms Islington is next
CHIK’N, the fast food fried chicken venture from the founders of Chick ‘n’ Sours, has confirmed its second site will open in Islington in the New Year.
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NewsCosta invites tech pitches to enhance customer experience
Costa is to run a ‘’Coffee Shop of the Future Ideation’ day later this month
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Analyst corner: UBS on Greggs
Analysts at UBS have said that they see significant store roll-out potential beyond the formal Greggs management target
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News
Costa ramps up drive-thru estate
Costa Coffee has agreed deals for six new drive thru and drive to sites in Lancashire, Yorkshire and the Midlands
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NewsCosta shares down on growth concerns
Shares in Costa owner Whitbread fell yesterday after analyst Citigroup downgraded the company