first_imgCosta Coffee has revealed its plans to open another 130 stores in the UK during 2010/2011, although its main focus will be on expanding its international business.The UK chain, which revealed an operating profit increase of almost 60% for the full year to 4 March, 2010, opened 312 net new shops over the year, 188 of which were in the UK, increasing its total network by 24%. The coffee chain also gained 88 Coffeeheaven stores in Central Europe with the acquisition of the Coffeeheaven, which was completed in the final quarter of 2009/2010.Its international focus will be in the key markets of China, India, Russia, the Middle East and Central Europe, according to parent company Whitbread.Sales at Costa increased by 23.4%, with like-for-like sales up 5.5%. The firm said one of the key drivers behind the growth was independent research that showed seven out of 10 coffee lovers preferred Costa’s cappuccino, which Costa subsequently used as a key message in its advertising.Its flat white coffee has also performed well, with over one million sales since its launch in January this year.The firm said its UK growth will come from new high street locations, additional stores in established retail outlets, such as its partnership with Tesco and through bringing the Costa experience to hospitals and universities.Costa currently has 1,600 outlets worldwide.last_img read more

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first_img FacebookTwitterLinkedInEmailPrint分享Long Island Business News:A few months ago, the Sisters of St. Joseph in Brentwood plugged into the sun with a little help from a new solar program. EmPower Solar, in Island Park, built a 1 megawatt solar power plant owned by NextEra Energy Sources on their 212-acre campus.Through the Long Island Power Authority and PSEG Long Island’s community solar program, approved in 2016 but only leading to completed projects now, solar energy pumped into the electric grid generates energy credits used by other customers. “We are injecting power into the grid at one location,” David Schieren, CEO of EmPower Solar, said. “We credit accounts virtually with virtual credits we create at that power plant. With community solar, we can pay you rent for hosting a system. And we sell the energy off site.”Community solar is the latest path to grow solar on Long Island, letting people, essentially, buy power from each other. It provides more financial fuel for photovoltaic power.“Community solar is a huge deal. It’s a major, new advantageous program for Long Island. It’s a game changer,” Schieren said. “It’s very flexible.”Community solar essentially allows people to set up solar projects as private power plants, which caught on in some other states, although it’s new to New York. While in the past people typically generated their solar, community solar lets someone generate power, which it pours into the grid. In return, the generator gets a credit for that amount which can be used by customers elsewhere.More: New Financing Options Light Up Solar Projects Community Solar Will Be a Boon For Long Island, Developer Sayslast_img read more

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