What is Costa Coffee?
Q: What is Costa Coffee?
A: Costa Coffee is a multinational coffeehouse company based in Dunstable, Bedfordshire that is the second largest coffeehouse chain in the world behind Starbucks and the largest in Britain.
Q: When was Costa Coffee founded and by whom?
A: Costa Coffee was founded in London in 1971 by the Costa family as a wholesale operation supplying roasted coffee to caterers and specialist Italian coffee shops.
Q: Who owns Costa Coffee?
A: Costa Coffee is a wholly owned subsidiary of Coca Cola.
Q: How many stores does Costa Coffee have globally?
A: Costa Coffee has over 3,277 stores across 31 countries, including 2,121 UK restaurants, over 6,000 Costa Express vending facilities, and a further 1,280 outlets overseas (including 395 in China).
Q: What was the price of Whitbread's acquisition of Costa Coffee?
A: Whitbread acquired Costa Coffee in 1995 for £19M.
Q: What is the growth rate of Costa Coffee?
A: Since its acquisition by Whitbread, Costa Coffee has grown rapidly from its initial 39 stores to over 3,277 stores across 31 countries.
Q: What was the primary function of Costa Coffee when it was founded?
A: When it was founded, Costa Coffee functioned primarily as a wholesale operation, supplying roasted coffee to caterers and specialist Italian coffee shops.
