All Whitbread articles – Page 9
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NewsWhitbread appoints new Costa UK MD
Whitbread has appointed Jason Cotta as the new managing director of Costa UK & Ireland
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Analysis & InsightVital part to play
The last fortnight has seen two deals in the UK’s food-to-go sector, which I believe will mark the start of a period of M&A and consolidation across the category, as more investors and companies look to take advantage of a market that is outperforming the wider eating-out industry
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Craig: Pure and Whitbread is a long-term project
Spencer Craig, founder of healthy, food-to-go concept Pure, in which Whitbread acquired a 49% stake earlier this week, has told MCA that the new partnership is a long-term project
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NewsWhitbread enters food to go sector with Pure acquisition
Whitbread has made a move into the UK’s food-to-go sector with the acquisition of a 49% stake in London based company, Healthy Retail Ltd, trading as ‘Pure’, for £6.8m
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Costa FY lfls up 2.9%; Whitbread sales up to £2.9bn
Whitbread has reported UK retail sales at Costa up 15.7% in the year to 3 March with like-for-like sales in UK equity stores increasing by 2.9%.
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Pomroy swaps McDonald’s for Whitbread
Nathalie Pomroy has stepped down as retail marketing director at McDonald’s to become the new commercial director of Whitbread’s Restaurant division
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Whitbread to discontinue Taybarns concept
Whitbread is to discontinue its value-led buffet concept Taybarns and begin a programme of converting the seven sites under the format to its Brewers Fayre brand
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Costa lfls up 0.5%
Whitbread has this morning reported that Costa like-for-likes for the 11 weeks to 11 February increased 0.5%, while like-for-like sales across its restaurants grew 2.3%
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Beefeater enters new era
Beefeater is set to enter a new era next week with the launch of its high street-focused Bar + Block concept, with the group set to focus on its expansion over the next couple of years
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Whitbread, GK and Diageo back UK to stay in EU
Whitbread, Greene King and Diageo have all come out in support of the UK remaining in the EU.
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Ashmore swaps Whitbread for BTP
Kate Ashmore has left Whitbread, where she was head of organisational development for its restaurants arm, to join Boston Tea Party
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Whitbread confirms Bar + Block launch
Whitbread has confirmed that it is to launch an evolved version of its Beefeater brand called Beefeater Bar + Block in Birmingham
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Rollo: JDW amongst bottom three share picks
Leading analyst Jamie Rollo has placed JDW amongst his three bottom share picks for 2016, whilst Whitbread are one of his top three
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Whitbread set to launch evolved Beefeater format
Whitbread is set to launch an evolved version of its Beefeater pub restaurant format in Birmingham city centre next year
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Analyst corner: Rollo on Whitbread
On the back of Whitbread’s Q3 update, Leading analyst Jamie Rollo at Morgan Stanley sets out some key questions for Whitbread’s management
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Barnfather: Expect continued slowdown at Whitbread
Leading analyst Anna Barnfather at Panmure Gordon has said that Whitbread’s growth story is shifting further towards capex-heavy room expansion
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Whitbread appoints new non-exec
Whitbread, the owner of Costa, has announced the appointment of Chris Kennedy as a non-executive director
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Whitbread urges sector to support school leavers
Whitbread has joined forces with the Confederation of British Industry (CBI) to promote the critical business can play in supporting school leavers as they transition into careers.
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NewsCosta H1 lfls up 4.4%
Costa Coffee grew like-for-like sales in the UK by 4.4% in the six months to 27 August
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Barnfather: Pressure building on Whitbread
Leading analyst Anna Barnfather, of Panmure Gordon, has said that Whitbread’s growth story is shifting further towards capex-heavy room expansion, increasing the capital intensity of its business model, raising debt levels and lowering returns.