All Arc Inspirations articles
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NewsArc Inspirations borrowed £5m “just to stand still”
Northern bar group Arc Inspirations has had to borrow £5m from lenders to survive the rolling lockdown restrictions, CEO Martin Wolstencroft has said.
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Interviews
Arc Inspirations CEO Martin Wolstencroft: ‘Tech will drive the future of our business’
The role of technology in data handling, ordering and payment will drive the future of hospitality, Arc Inspirations CEO Martin Wolstencroft has said.
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News
Karen Jones: Why is it so important that hospitality wholeheartedly supports NHS Test and Trace?
So it’s a Bank Holiday weekend, pay day for many and the last EOTHO on Bank Holiday Monday. Many of our restaurants and pubs across the UK will be very busy and it seems an opportune moment to remind ourselves of the vital importance of all our places fully supporting NHS Test and Trace. Why is it so important that hospitality wholeheartedly supports NHS Test and Trace? Because hospitality offers safe spaces for people to enjoy being with friends and family. Because we are often at the centre of our communities and high streets. We have a real responsibility to keep our customers, our teams and our communities safe and well. NHS Test and Trace is a powerful way to do just that: collecting and providing the information to help break the chain of transmission and control the virus.
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News
Arc to launch new Box bar in Deansgate
Arc Inspirations is to launch a new bar under its Box brand to Deansgate, Manchester next year.
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News
Wolstencroft: ‘Without certainty on rent and social distancing we can’t move forward’
The industry urgently needs some clarity from Government on rent and social distancing measures before it can consider moving forward, Martin Wolstencroft has told MCA.
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News
Arc keeps staff connected during furlough
Arc Inspirations has shared a number of staff initiatives to keep its people connected and engaged while on furlough.
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Analysis & Insight
Multiple operators see boost as licensed supply falls by 1.8%
The supply of restaurants, pubs, bars and other licensed premises fell by 1.8% in the 12 months to December 2019, but multi-site restaurants grew by 1.8%, CGA research finds.
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News
Arc Inspirations strengthens senior team amid expansion drive
Arc Inspirations has appointed Tim Knockton as financial director and Laura Lewis as head of marketing.
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News
Arc Inspirations reports record festive trading
Arc Inspirations has reported a record festive trading period, including the biggest ever individual sales day and week in the group’s 20-year history.
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News
Arc Inspirations reveals jump in sales following year of investment
Arc Inspirations has reported a 16.7% jump in sales, from £23.3m to £27.2m, with like-for-like sales up 1.1%. Operating profit was down by 31% to £213k, and it returned pre-tax losses of £474k compared with a pre-tax profit of £183k last year. However, over the period the 17-site business invested £7.5m, including opening five sites and innovation.
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News
Growth Company Index 2020 launched
MCA is teaming up with Alix Partners again this year to find the top 50 private hospitality firms with the fastest-growing profits. If your company has three years’ audited accounts and turnover in excess of £3m, then please get in touch before 1 February to be considered for this year’s list. Previous entrants do not need to re-apply, but if you’d like to be considered for the first time, please contact james.halliwell@wrbm.com.
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News
Arc Inspirations EBITDA up 15%
Arc Inspirations, the operator behind Banyan, BOX and Manahatta, has announced turnover increased 16.7% to £27.2m, up from £23.3m on the previous year.
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News
Arc Inspirations spike in sales during Cricket World Cup
Arc Inspirations, the operator of Manahatta, Banyan and The Box concepts, has reported a spike in sales across its sport-led sites during the recent Cricket World Cup.
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Analysis & Insight
Evolving before our eyes
The pace of change is speeding up and nowhere is this clearer than in the UK’s eating and drinking-out sector. Over the last five years, AlixPartners and CGA’s Market Growth Monitor has tracked some seismic changes across the industry – from the drinks-led renaissance to the burgeoning impact of delivery. There’s not been a dull moment, say AlixPartners’ Graeme Smith and Craig Rachel.
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News
Arc Inspirations seeks external investment to double in size
Arc Inspirations has set out its ambitions to double in size over the next five years as it seeks investment for its next stage of growth, chief executive Martin Wolstencroft has told MCA’s Pub Conference.
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News
Arc Inspirations to convert The Pit site in Harrogate to Manahatta
Arc Inspirations is to convert The Pit site in Harrogate to its Manahatta brand.
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Analysis & Insight
Rate of decline for wet-led pubs slows
The long-term clear out of unsustainable wet-let pubs and bars appears to be nearing its end – in part reflecting the recent success of compelling premium drinks offers and getting the balance right with food, the latest market snapshot from CGA and AlixPartners indicates.
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News
Black Sheep Brewery acquires Arc bar
Black Sheep Brewery, the Yorkshire-based business chaired by ex-Punch director Andy Slee, has acquired the Arc Inspirations site, Kith & Kin, in Chapel Allerton, Leeds.
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News
Runners and riders highlight health of sector
What sets the companies riding high in the AlixPartners Growth Company Index apart from their peers and able to continue to perform in the face of unprecedented headwinds? Graeme Smith and Craig Rachel take a closer look at the what this year’s list tells us about wider trends in the sector.
