M&S ‘extends reach’ with supply deal for 2500 Costa Coffee stores

Marks & Spencer is to sell food in around 2500 Costa Coffee stores after striking a deal with the country’s largest café chain.

From next year, the grocer will supply over 30 products to Costa’s shops and drive-through lanes.

Its complete menu will be released in 2022, but is expected to include a vegan selection from the Plant Kitchen and Made Without brands.

Marks & Spencer food director Stuart Machin said the agreement “extends our reach and supports our strategy of making M&S more relevant, more often for families”.

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“This collaboration gives many more customers the opportunity to enjoy our wide range,” he continued.

It marks the latest in a string of good headlines for the supermarket, which recently reported a £160 million half-year profit, recovering from its first-ever loss last year.

“Underlying performance is improving, with our main businesses making important gains in market share,” chief executive Steve Rowe said.

Shares stand around the 236p mark, up 28.4 per cent from this time last month.

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