All Costa articles – Page 7
-
OpinionAlixPartners: 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
-
Analysis & InsightFood 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.
-
NewsTim Hortons enters delivery with Just Eat
Canadian coffee import Tim Hortons has become the latest high street name to enter the delivery space.
-
NewsInvestors 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.
-
NewsGreggs tops Brand Health index
Greggs has been named the number eating out brand in YouGov’s Brand Health Index.
-
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.
-
NewsEsquires 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.
-
NewsCosta 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.
-
NewsFormer 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.
-
OpinionDominic 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.
-
NewsCosta extends mobile ordering service
Following a successful trial, Costa Coffee has extended its mobile ordering service to more than 500 stores.
-
NewsGreggs: “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.
-
Analysis & InsightIs 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.
-
NewsTaylor St Baristas pulls crowdfunding campaign
Taylor St Baristas pulled its crowdfunding campaign after taking the view that it “wasn’t the right investment vehicle for us at this time”, CEO Nick Tolley has told MCA.
-
NewsMcDonald’s, Nando’s and Greggs enjoy a successful June
McDonald’s, Nando’s and Greggs are the big winners of MCA’s latest Eating Out Panel Monthly Dashboard. Compared to last year’s sweltering heatwave in June, combined with the rush of World Cup football-fever, a boost in like for like sales at lunchtime in 2019 was always going to be a tough ask.
-
NewsWhitbread completes £2bn capital return programme
Whitbread has completed a £2bn capital return programme to shareholders.
-
NewsCosta reveals its Barista of the Year
Brian Chibwe has scooped Costa Coffee’s Barista of the Year 2019 in its annual Champion of Champions competition.
-
Analysis & Insight
GDPR, CVAs, and the fight for lunchtime: RSM’s half year report
At the start of the year, RSM made some predictions about challenges and trends that the hospitality sector could expect to see in 2019. As the first six months of the year come to a close, partner Paul Newman reflect on those forecasts and looks at the latest trends and shifts in the market.
-
Analysis & InsightYoung flock to food-to-go specialists
Food-to-go specialists are stealing market share from convenience stores, driven by younger consumers, HIM and MCA’s Convenience Report reveals.
-
NewsWhitbread F&B lfls down 2.1%
Whitbread has reported a decline in food & beverage like for like sales growth of 2.1%, in Q1 FY2020.