Andrea Felsted, Columnist

Whitbread's 2 Billion Pound Cup of Coffee

The CEO's dithering on the group's structure has left investors seriously out of pocket.

April 23, 2018 at 12:05 PM UTC

Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times.

Inside A Costa Coffee Store — Chris Ratcliffe/Bloomberg

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Better late than never. Unless you are a shareholder in Whitbread Plc.

After prevaricating for more than two years, Chief Executive Officer Alison Brittain will explore a spin-off of the Costa coffee chain, according to the Sunday Times.