History
Bruno and Sergio Costa founded a coffee roastery in Lambeth, London in 1971, supplying local caterers and coffee shops with their slow-roasted blend mocha Italia. Costa branched out to retailing coffee in 1978, when their first store opened in Vauxhall Bridge Road, London.
In 1995, the business was acquired by Whitbread, becoming a wholly owned subsidiary. In 2009 Costa celebrated the opening of their 1,000th store - in Cardiff. In December 2009, Costa Coffee agreed to acquire Coffee Heaven for £36 million, adding 79 stores in central and eastern Europe. By the end of 2010 the company had overtaken Starbucks in the UK, reaching a 37.6% market share measured by revenues.
Read more about this topic: Costa Coffee
Famous quotes containing the word history:
“America is the only nation in history which, miraculously, has gone directly from barbarism to degeneration without the usual interval of civilization.”
—Attributed to Georges Clemenceau (1841–1929)
“Three million of such stones would be needed before the work was done. Three million stones of an average weight of 5,000 pounds, every stone cut precisely to fit into its destined place in the great pyramid. From the quarries they pulled the stones across the desert to the banks of the Nile. Never in the history of the world had so great a task been performed. Their faith gave them strength, and their joy gave them song.”
—William Faulkner (1897–1962)
“In history the great moment is, when the savage is just ceasing to be a savage, with all his hairy Pelasgic strength directed on his opening sense of beauty;—and you have Pericles and Phidias,—and not yet passed over into the Corinthian civility. Everything good in nature and in the world is in that moment of transition, when the swarthy juices still flow plentifully from nature, but their astrigency or acridity is got out by ethics and humanity.”
—Ralph Waldo Emerson (1803–1882)