Compass Group continues to develop its retail business with a hat trick of new hospital contracts, including a Costa Coffee outlet at Tunbridge Wells Hospital, Kent.
The contracts, worth £1.7m in annual turnover, come at a time when the caterer is experiencing a period of rapid growth in grab and go retail outlets within the healthcare market.
Lynn King, business director - retail at Compass, said that demand for well-recognised branded offerings such as Costa Coffee is increasing.
"Retail outlets - coffee shops, convenience stores and so on - provide a valuable revenue stream for some trusts, either as rent concessions or through turnover-based shared income arrangements.
"We are pleased to forge new partnerships with several trusts already this year and look forward to mobilising the contracts later in the year," she added.
By Janie Stamford
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