Compass wins hat-trick of new hospital contracts
Compass Group continues to develop its retail business with a hat trick of new hospital contracts, including a Costa Coffee outlet at Tunbridge Wells Hospital, Kent.
The contracts, worth £1.7m in annual turnover, come at a time when the caterer is experiencing a period of rapid growth in grab and go retail outlets within the healthcare market.
Lynn King, business director - retail at Compass, said that demand for well-recognised branded offerings such as Costa Coffee is increasing.
"Retail outlets - coffee shops, convenience stores and so on - provide a valuable revenue stream for some trusts, either as rent concessions or through turnover-based shared income arrangements.
"We are pleased to forge new partnerships with several trusts already this year and look forward to mobilising the contracts later in the year," she added.
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By Janie Stamford
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