Whitbread
Coverage focuses on the strategy, financial performance, and brand operations of one of the UK’s largest hospitality groups, including updates on Premier Inn, Beefeater, Brewers Fayre, and other formats. Reporting includes estate development, leadership changes, digital initiatives, and trading performance, offering key insights for operators tracking large-scale group models and branded food and accommodation offers.
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Jun- 2018 -27 JuneCafes and Coffee Shops
Costa Coffee sales dip 2% in Q1
Coffee chain Costa has reported a fall in like-for-like sales at the start of the year, blaming a lack of shoppers on the high street. Although total UK sales grew by 5.2% due to new store openings, according to Costa owner Whitbread, the UK’s biggest coffee chain revealed a 2%…
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May- 2018 -25 MayBusiness
Greene King says self supply water has ‘exceeded expectations’
Pub chain Greene King has said that its self supply water has “exceeded expectations” following the company’s pioneering application for a Water Supply and Sewerage Licence (WSSL). The company has announced savings of 140,000m3 of water a year since acquiring the licence, the equivalent of 676,313 pints. Greene King was…
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25 MayBusiness
Private equity firms flirting with Costa Coffee
A group of private equity firms are attempting to purchase Costa Coffee, despite owner Whitbread’s desire to float it on the stock market. The Press Association said that it understood Whitbread had been approached informally over a buyout of the firm. Despite potential interest from elsewhere Whitbread is continuing plans…
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10 MayBusiness
Greggs shares sliced after bad weather and high street woes
Shares in Greggs have dropped 13% in the wake of disappointing sales figures following bad weather in March. The bakery chain had reported sales growth of 3.2% compared with year’s figures, but the company has said they are “cautious” of worse than expected profits in a statement. Greggs had expected…
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Apr- 2018 -25 AprilCafes and Coffee Shops
Whitbread to split Costa Coffee off into separate firm
Whitbread has announced that it will spin off the Costa Coffee brand into a separate business of its own as investors pressurised the company to do so. The split is expected to happen within two years and will allow shareholders to invest in “two distinct, focused and market-leading businesses” and…
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