Coca-Cola & Costa Coffee: What went wrong?

Why high-street coffee chains may have had their day

"If it sometimes feels as if there is a Costa Coffee in every town and city in the UK, that is because there almost is," said The Observer.Britain's biggest high-street coffee chain has more than 2,000 outlets and at least 14,000 self-service machines. They sell "millions of cups a week", yet despite this "market dominance". Coca-Cola, which bought Costa in 2018, is reportedly "considering offloading" it. Its global coffee sales fell 3% last yea…

Coca-Cola & Costa Coffee: What went wrong?

Coca-Cola may sell Costa Coffee after its £3.9bn bet failed to deliver. Analysts cite strategic misalignment, operational challenges, and pandemic pressures. The move reflects a wider trend of CPG giants streamlining portfolios.

Should Coca-Cola sell Costa Coffee?

Coca-Cola is reportedly mulling the future of Costa. Analysts believe now might be the time for the soft-drinks giant to wake up and smell the coffee.

Asda owner TDR Capital mulls bid for Costa Coffee

Asda owner TDR Capital is among the investment groups considering an acquisition of Costa Coffee as owner Coca-Cola explores a potential sale, according to the Financial Times. Coca-Cola has hired Lazard to advise on options for the UK’s largest coffee chain, which it bought from Whitbread in 2019 for £3.9bn.  Costa has since struggled with rising costs and stronger competition, prompting Coca-Cola to consider reducing its stake. People familiar…