Franchising

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Bullish Costa is hot on trail of Starbucks

Whitbread-owned coffee house chain Costa has revealed ambitious plans to become the global number two player behind US chain Starbucks. Costa aims to grow its portfolio of 365 UK stores, including concessions and franchise operations, to 700-800 in the next five years. It also wants to add 40 Irish stores to the Belfast outlet it opened just before Christmas, and plans to grow its portfolio in the Middle East from 75 to 300. New markets include India, where Costa plans to open 300 outlets using a local franchise partner, with the first three opening in April, and China, where the company intends to open its first stores in September. Other targets include Spain and the USA, although the latter is "a long way off", said managing director David Hutchinson. To supply its enlarged estate and circumvent the high import duties in India, the company will augment its south London coffee roastery with a second in India.
Posted: 31 January 2005 | 16:17

Advice Zone: Franchising

Franchising is an option worth considering when setting up a hospitality business, and there's a wealth of opportunities available, from hotel brands like Holiday Inn to burger operators like McDonald's.
Posted: 28 January 2005 | 15:33

Worldwide briefing

Essential news from around the world…
Posted: 28 January 2005 | 10:12

Trading improving at CHE Group

Article ThumbnailCHE Group, operator of branded hotels including Sleep Inn and Quality, has reported an "significant improvement" in performance for the 11 months to the end of November.
Posted: 20 December 2004 | 16:34

Gowrings deal gets the go-ahead

Article ThumbnailShareholders representing more than 90% of UK Burger King franchisee Gowrings have given their backing to a £9.6m takeover by rival Caspian.
Posted: 16 December 2004 | 10:55

McDonald's franchise model wins praise

McDonald's has helped to create jobs and bring investment into some of the UK's most deprived areas, according to a think-tank The Work Foundation.
Posted: 10 November 2004 | 15:35

Crawford plans Ramada roll-out all over Ireland

Article ThumbnailCork-based Crawford Investments has launched a £200m-plus expansion of the Ramada International hotel brand in Ireland.
Posted: 18 October 2004 | 12:36

Ramada set to become biggest chain in Ireland

Hotelier Michael Knox-Johnston has announced ambitious plans to expand the Ramada hotel chain to make it the biggest in Ireland.
Posted: 30 September 2004 | 17:09

Costa franchise gets first opening

Article ThumbnailCoffee shop chain Costa Coffee is poised to begin rolling out its new franchise operation, following the opening of its first individually franchised store in London.
Posted: 30 September 2004 | 12:31

Arora wins T5 hotel contract

Article ThumbnailArora International has won the battle to operate the 600-bedroom hotel to be built at Heathrow airport's massive new Terminal 5.
Posted: 17 August 2004 | 17:16

Race is on for Heathrow hotel

Article ThumbnailThe operator for the only hotel at Heathrow's forthcoming Terminal 5 will be chosen over the next two weeks.
Posted: 05 August 2004 | 10:21

Franchising

Taking on a franchise is a way of starting a business while cashing in on an established brand. What should you think about when looking for one?
Posted: 26 February 2004 | 13:39

Domino's revises delivery rule

Domino's Pizza's 32 UK franchisees have been left in limbo following an announcement before Christmas that the firm's US head office had released its 5,300 stores worldwide from an obligation to offer a 30-minute delivery guarantee. Ian Hyndman, franchise operations director for Domino's Pizza UK, said last week it was still unclear whether franchised stores had to remove the guarantee or if this action was optional. In the UK all 78 stores are franchised and, for the time being, many stores have suspended the guarantee, although others are continuing to offer it. "We're awaiting clarification from the USA and we're trying to contact all the franchisees in this country to gain some sort of consensus. Obviously it's better if all the stores do the same thing," said Mr Hyndman. The decision to end the contractual obligation to meet the guarantee followed a US court award of more than $78m (£52m) to a woman who suffered head and spinal injuries when a Domino'
Posted: 06 January 1994 | 00:00

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30th August 2008