All Arc Inspirations articles – Page 2
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Analysis & Insight
Restaurants debut new planted-based dishes as Veganuary returns
With the UK’s appetite showing no signing of abating, MCA rounds-up some of the latest vegan innovations to hit menus this month.
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News
Arc Inspirations sees Q2 revenue up 42%
The bar group experienced a 42% uplift in sales between July and November this year, versus 2019, and says it is on track to post record revenue and profit in FY2022
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News
Arc Inspirations sees sales up +40%
Bar group Arc Inspirations has achieved a total sales increase of 42% since restrictions were lifted on 19 July, compared to the same period in 2019.
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Interviews
Arc Inspirations: ‘We are trading our socks off’
In the latest in our Birmingham series, Martin Wolstencroft, CEO, Arc Inspirations, talks to MCA about the company’s recent Manahatta opening and plans for a cluster of sites in the city
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News
Arc Inspirations appoints new people director
Arc Inspirations has appointed Nazareen Johnson as its new people and culture director.
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News
Arc Inspirations restarts growth plans
Arc Inspirations has resumed its expansion plans with two new openings announced for the northern bar operator, including its first in the Midlands.
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Interviews
Arc Inspirations: ‘We’ve been surprised at the competition for sites’
There is a surprising amount of competition between operators for the best sites, Martin Wolstencroft, chief executive of Arc Inspirations has found.
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News
Arc 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.