Coffee chains have become ubiquitous in our town centres, helping to alleviate property vacancy rates and boost high street growth. Their popularity ensures that the acquisition of smaller chains has become a prime target for many retail and hospitality... Read More
Coffee shop chains have become major features of high streets, shopping centres and motorway service stations in the UK, with brands such as Costa Coffee and Starbucks continually raising profits even while other retail businesses failed during the recession.... Read More
With Christmas fast approaching, consumers across the UK will be hitting their nearest high street in order to purchase gifts for friends and family, greatly boosting the festive spirits of retailers nationwide. However, with the chill of winter settling in... Read More
Starbucks has handed over £5m to HMRC, its first corporation tax payment since 2008. However the money has only gone some way towards assuaging critics. The coffee shop chain said on it had made the contribution to please its customers and would be... Read More
Whitbread’s Costa Coffee has been given a boost by the poor British weather which has been enticing customers into outlets, helping the chain increase first-quarter sales. The company, which also owns the Premier Inn chain of hotels, said that sales... Read More
One of the UK’s leading leisure groups has pledged to create up to 12,000 jobs over the next five years in a huge extension of its most popular brands. The Whitbread Group, which owns both Costa Coffee and the Premier Inn chains, made the announcement after... Read More
The recession took a great toll on the UK, with everything from leisure properties to the retail industry struggling to bring in enough revenues to keep afloat. However, even though the economy has stabilised consumers remain wary of spending on... Read More
According to Reuters, Starbucks has paid a mere £8.6 million in UK taxes on a reported £3 billion in sales in the UK since 1998, when it opened its first UK coffee shop, despite having opened 735 outlets subsequently. The revelation led to... Read More
