Food-to-go sector to see huge growth by 2023

Food-to-go sector to see huge growth by 2023

The UK’s food-to-go sector is set to grow at twice the rate of overall grocery retail, with research organisation IGD predicting the channel to grow to £22.8bn by 2023. The predicted growth of £22.8bn by 2023 is up from a £17.8bn growth in 2018. Food-to-go research...
Coca-Cola to buy Costa for £3.9 billion

Coca-Cola to buy Costa for £3.9 billion

Whitbread plc has announced that it has entered into an agreement for the sale of Costa Limited (Costa), to The Coca-Cola Company (Coca-Cola), for an enterprise value of £3.9 billion. Whitbread acquired Costa in 1995 for £19 million when it had only 39 shops. In more...
Co-op experiences fastest rate of growth in seven years

Co-op experiences fastest rate of growth in seven years

With the growth of branded products and the summer sunshine helping sales, Co-op is experiencing its fastest rate of growth in nearly seven years, according to the latest grocery market share figures. Published for the 12 weeks to 12th August 2018, Kantar Worldpanel...