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Costa Coffee’s rapid expansion boosts Whitbread sales

10/12/2013 by

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Costa Coffee will open 300 new stores worldwide in its full financial year

Costa Coffee saw total sales rise more than 20% in the third quarter after it opened a number of new outlets of the High Street coffee chain.

Its performance helped owner Whitbread to report a 13.8% rise in total group sales in the 13 weeks to 28 November. Same store sales at Costa rose 4.9%.

Whitbread said it had opened 246 new Costa Coffee stores worldwide so far this year, including 133 in the UK.

Whitbread was also boosted by strong sales at its Premier Inn hotel chain.

“Whitbread has delivered another strong quarter,” said its chief executive Andy Harrison.

This article has been extracted from http://www.bbc.co.uk/news to read the article in full please follow this link http://www.bbc.co.uk/news/business-25314898

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