Marks & Spencer to launch food range in Costa Coffee
Costa Coffee and M&S Food have announced a new collaboration to create an exciting food and drink experience for UK customers – Costa Coffee Now Serving M&S Food.
M&S said the move would make it “more relevant, more often for families”.
Available in over 2,500 Costa Coffee stores across the UK as well as via Drive-Thru lanes the range will build on Costa’s current food range and perfectly crafted coffee to provide even more choice for customers.
Neil Lake, Managing Director, Costa Coffee UK&I, said: “This collaboration with M&S Food will build on our existing food range and help us fulfil our ambition to become the first choice for customers buying food and coffee on-the-go. We’ll use our joint expertise to develop a food experience of the highest quality, freshness and value – all served with a perfectly crafted Costa coffee.”
Stuart Machin, Chief Operating Officer and M&S Food Managing Director, said: “M&S Food is famous for great quality food on-the-go at fantastic value. This collaboration gives many more customers the opportunity to enjoy our wide range of delicious sandwiches, salads and snacks in over 2,500 locations across the UK – not just on the high street but in neighbourhood locations and retail parks.
“Bringing together delicious, great quality M&S Food and the Nation’s largest chain of coffee shops is great for customers as it extends our reach and supports our strategy of making M&S more relevant, more often for families.”
The partnership is the latest in a series of initiatives from M&S that has seen shares in the group soar over the past year. Last week, the retailer forecast full-year profit before tax and adjusted items of around £500mln as it reported pre-tax profits of £187mln for the first six months of this trading year. Shares jumped 16% on that update and brokers now expect the company to regain its spot in the FTSE 100 in the next reshuffle.
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