UK-based coffee chain Costa Coffee finally marked its entry into the North American territory with its first retail store launched in Atlanta, Georgia, this month. Founded in 1971, Costa Coffee is a UK coffeehouse chain well-known for its premium coffee. With over 4,000 locations globally, it ranks second after the largest coffee maker, Starbucks (SBUX). In the UK, Costa coffee has a strong following, with 2,681 locations, whereas global coffee giant Starbucks has only a little over 1,000 stores there. Costa Coffee was acquired by Coca-Cola (KO) in January 2019 for a whopping $4.9 billion. Coca-Cola's initial plans to increase the presence of Costa Coffee in the U.S.
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