because it was the year that Whitbread began to plan for its compliance with new rules on tied houses set down by the British government’s Monopolies and Mergers Commission (MMC). After an investigation into the system of tied houses that had been created from the numerous mergers in the brewing industry in the 1960s and 1970s‚ in early 1990 the MMC ordered brewers with more than 2‚000 pubs to sell or lease half of the number greater than 2‚000‚ meaning that Whitbread would have to do so with about
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What’s brewing at Whitbread? Below is summary of macro factors that influenced Whitbread’s decision makers to exit the brewing industry. Prior to 2000‚ the UK market for beer peaked in 1979 of approximately 41.2 million barrels (BBPA‚ 2008) in combined on-trade and off-trade‚ sales. Since then there has been a decline due to sociocultural & socioeconomic factors. [pic] Up until the 1980’s‚ socialising in a local pub or working man’s club was largely male oriented with the consumption
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EXECUTIVE SUMMARY Whitbread PLC founded in 1742 by Samuel Whitbread the first mass production brewing plant in Georgian London. Whitbread had always been known for brewing and running pubs. A complete change in direction in 2001 saw the selling off of both the brewing and the pubs and a new era of hotels restaurants and coffee shops began. 2011 see the core estate of premier inns several restaurant chains and costa coffee. These are not confined to the UK but Whitbread now sees business as global
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Business Applications What’s Brewing at Whitbread? Although beer is still a popular alcoholic drink in the UK sales are still falling. They have dropped by eight million pints a day since the last peak in 1979. Sales of beer in pubs are at their lowest since the poorest days of the 1930s recession‚ with pubs closing at an astonishing rate of 35 a week‚ according to the British Beer and Pub Association. Some 44‚000 jobs have been lost in the British brewing industry over the past five years and
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where the Whitbread story begins. There are however two dates separated by over 250 years‚ which may be said to mark the defining event in the company’s history. In 1750 Samuel Whitbread moved his brewery operations to Chiswell Street on Georgian London‚ establishing the first purpose-built mass – production brewery in Britain. Yet if 1750 marks the appearance of Whitbread as a force in British culture and business‚ the year 2001 must be considered the date of the company revival. Whitbread is the UK’s
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part of a multinational company called Whitbread PLC. Premier Inn started out as “Travel Inn” and the name was changed in 2007 after Whitbread purchased “Premier Lodge”. Premier Inn is now one of the largest and cheapest (budget) hotel’s in the UK. They also have hotels in India and the Arabian Gulf. They have over 600 hotels throughout the UK and Ireland. The hotel specialises in being cheap and of a high quality. The other companies that are part of Whitbread PLC are Costa‚ Beefeater Grill‚ Brewers
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What’s brewing at Whitbread? In the annual report for 1999/2000 Whitbread Plc reported a total turnover of £2.9 billion with operating profit of £332 million. The sale of beer‚ one of seven business units‚ accounted for approximately 38% of turnover. Other important revenue was generated by closely allied businesses such as pubs and restaurants. Ten years later and the Annual Report of 2009/10 showed a markedly different company. Total revenue was £1.44 billion and‚ despite a 250 year history
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Manager 60% of salary Plus‚ Costa belongs to the Whitbread family‚ so with that comes some added benefits including: - A pension scheme which both you and we contribute towards - Privilege card – exclusively to Whitbread employees‚ its gets you 25% discount at Costa‚ Premier Inn plus the restaurants brands that belong to Whitbread including Beefeater Grill‚ Table Table‚ Brewers Fayre and Taybarns - Sharesave – the only way has been up for the Whitbread share price in recent years and here is your chance
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Annual Report and Accounts 2011/12 Contents Introduction 1 Financial highlights Business review 2 4 8 9 Chairman’s statement Chief Executive’s review Strategic approach – Team engagement Governance 22 Board of directors 24 Directors’ report 28 Corporate governance 35 Remuneration report Consolidated accounts 45 2011/12 consolidated accounts Company accounts 93 2011/12 Company accounts 12 – Customer heartbeat 15 – Profitable growth 17 – Good Together 18 Finance Director’s review
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A SWOT analysis on Indian coffee Pravin Palande [pic] Mumbai: Understanding the strengths‚ weakness‚ opportunities and threats (SWOT) of an industry is paramount for its survival and growth. To understand the coffee market in India we must first analyse the industry environment. What may be perceived as a strength in one situation may turn out to be otherwise in another. Also‚ what must be considered is that the domestic coffee industry is going through a period of transition. It is metamorphosing
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