The operator of Whitbread’s franchised Costa outlets in Poland has gone into administration. Whitbread hopes someone will buy the franchise which comprises 16 outlets. It had planned to establish 100 stores there by 2011 and 200 in Russia. Now it might have to rebuild the brand from scratch if it cannot find a buyer. The Times says Whitbread could look to Coffeeheaven which closed up 5p at 42.25p on the back of continued rumours. Whitbread closed down 44p at £10.89 Financial Times 05/07/08 page 26 The Times 05/07/08 page 79

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