{"id":147047,"date":"2018-06-27T07:02:55","date_gmt":"2018-06-27T07:02:55","guid":{"rendered":"http:\/\/freeonlinetranslators.net\/news\/english\/costa-uk-coffee-sales-fall-by-2-says-owner-whitbread\/"},"modified":"2018-06-27T07:02:55","modified_gmt":"2018-06-27T07:02:55","slug":"costa-uk-coffee-sales-fall-by-2-says-owner-whitbread","status":"publish","type":"post","link":"https:\/\/freeonlinetranslators.net\/news\/english\/costa-uk-coffee-sales-fall-by-2-says-owner-whitbread\/","title":{"rendered":"Costa UK coffee sales fall by 2%, says owner Whitbread"},"content":{"rendered":"<figure>                                  <img decoding=\"async\" alt=\"Costa Coffee cup on coffee machine\" src=\"https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/158CB\/production\/_95776288_costawhitbread.jpg\"\/>Image copyright                  WHITBREAD                                                    <\/figure>\n<p class=\"caps\">Costa has blamed a lack of shoppers on the High Street for a fall in like-for-like sales at the start of the year.<\/p>\n<p>The nation&#039;s biggest coffee chain reported a 2% fall in like-for-like sales in the first three months of the year.<\/p>\n<p>However, total UK sales growth were up by 5.2% thanks to new store openings, said Costa parent Whitbread.<\/p>\n<p>Whitbread said early steps had been taken to demerge Costa from the group, a move announced in April.<\/p>\n<p>&quot;Our stores remain highly profitable and deliver an excellent return on capital,&quot; said Whitbread boss Alison Brittain.<\/p>\n<p>The firm added: &quot;The UK like-for-like sales decline resulted principally from footfall weakness in traditional shopping locations, whereas travel locations continued to show good growth.&quot;<\/p>\n<p>UK High Streets have been struggling in recent months with big names closing stores and restaurants and some retailers shutting down altogether.<\/p>\n<p>Marks &amp; Spencer, House of Fraser, Mothercare, New Look, Byron, Jamie&#039;s Italian, and Prezzo are all closing outlets.<\/p>\n<p>Meanwhile, Maplin, Poundworld and Toys R Us have gone into administration.<\/p>\n<p>Costa said it was now actively refocusing its network towards &quot;high-footfall and convenient locations&quot;.<\/p>\n<p>The coffee chain has more than 2,400 UK coffee shops, as well as some 1,400 outlets in 31 overseas markets. Costa Express has 8,237 vending machines worldwide.<\/p>\n<p>The spun-off Costa firm will be floated and listed as a separate business by 2020.  A further update on the demerger will be provided in October.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Image copyright WHITBREAD Costa has blamed a lack of shoppers on the High Street for a fall in like-for-like sales at the start of the year. The nation&#039;s biggest coffee<\/p>\n","protected":false},"author":1,"featured_media":147048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-147047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english"],"_links":{"self":[{"href":"https:\/\/freeonlinetranslators.net\/news\/wp-json\/wp\/v2\/posts\/147047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freeonlinetranslators.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freeonlinetranslators.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freeonlinetranslators.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freeonlinetranslators.net\/news\/wp-json\/wp\/v2\/comments?post=147047"}],"version-history":[{"count":0,"href":"https:\/\/freeonlinetranslators.net\/news\/wp-json\/wp\/v2\/posts\/147047\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freeonlinetranslators.net\/news\/wp-json\/wp\/v2\/media\/147048"}],"wp:attachment":[{"href":"https:\/\/freeonlinetranslators.net\/news\/wp-json\/wp\/v2\/media?parent=147047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freeonlinetranslators.net\/news\/wp-json\/wp\/v2\/categories?post=147047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freeonlinetranslators.net\/news\/wp-json\/wp\/v2\/tags?post=147047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}