The Caterer
Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

Bullish Costa is hot on trail of Starbucks

31 January 2005 by

Whitbread-owned coffee house chain Costa has revealed ambitious plans to become the global number two player behind US chain Starbucks.

Costa aims to grow its portfolio of 365 UK stores, including concessions and franchise operations, to 700-800 in the next five years.

It also wants to add 40 Irish stores to the Belfast outlet it opened just before Christmas, and plans to grow its portfolio in the Middle East from 75 to 300.

New markets include India, where Costa plans to open 300 outlets using a local franchise partner, with the first three opening in April, and China, where the company intends to open its first stores in September. Other targets include Spain and the USA, although the latter is "a long way off", said managing director David Hutchinson.

To supply its enlarged estate and circumvent the high import duties in India, the company will augment its south London coffee roastery with a second in India.

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking