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All articles by Finn Scott-Delany – Page 13
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NewsFuller’s starts new financial year ‘on a high’
Reporting a return to profit growth in 2022, CEO Simon Emeny said the pub company was looking to the future with “confidence and excitement”
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NewsCity Pub Group sees ‘strong sales momentum’
Like-for-like sales have continued to strengthen faster than predicted, with May 2022 5% ahead of May 2019
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NewsLiberation Group achieves £9.5m profits
The pub company and brewer generated almost the same level of EBITDA as the financial period before the pandemic and invested £9.6m in capital expenditure
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Analysis & Insight62% of tied tenants are happy with pubcos
The Pubs Code Adjudicator report found Admiral Taverns has the most satisfied tenants at 80%, while just 13% are dissatisfied
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NewsFuller’s refinances debt facilities
The £200m refinancing, which matures in 2026/27, was described as a sigificant improvement to the cost of the previous debt faclilities
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InterviewsFlour Pot Bakery continues ‘conscientious expansion’ to Worthing
The nine-strong brand recently launched a roadside shipping container site on Kingsway, Hove, and developed a large licensed cafe on Ditchling Road, Brighton
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NewsItsu appoints first female COO
Agne Kazberaite joined the brand seven years ago as operations manager, and was praised for her determination, commitment and passion
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NewsSA Brain sells 95 pubs to Song Capital
The proceeds will go towards paying down Brains’ remaining bank debt and “significantly deleveraging” the business
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NewsSSP sees ‘significant rebound’ in travel sector
In the UK, sales are back to around 82% of pre Covid-19 levels, with the air sector boosted by strong leisure demand, and the rail business helped by the return of commuters in increasing numbers
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Analysis & InsightTortilla on a roll with deal for Chilango
MCA examines the background to Tortilla’s £2.75m acquisition of the rival Mexican chain, and how the move is a step towards it consolidating the fast-casual burrito market
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NewsTRG sees robust trading at Wagamama and Pubs
The group believes the performance and recovery at Concessions will offset the impact of inflationary pressures
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NewsChilango acquired for £2.75m
Tortilla intends to retain and continue to operate the Chilango brand at certain locations and via delivery in a number of Tortilla sites
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NewsOutgoing Dardis toasts strong Young’s results
The premium managed pub operator is “firmly back in business” with profit before tax of £41.8m
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InterviewsMarston’s: Pubs still great value for money
CEO Andrew Andrea tells MCA why the pub company is ditching its Two for One format and revamping its food menus after receiving poor feedback from customers
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InterviewsPopeyes: ‘We made a decision to show up big’
In his first interview, UK CEO Tom Crowley talks to MCA about Popeyes’ ambitious rollout plans, and how viral marketing is bolstering an already high level of brand awareness
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NewsC&C sells stake in Admiral Taverns
The Bulmers supplier disposed of its minority interest in the pub company for £55m to Proprium Capital Partners
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InterviewsMcDonald’s futureproofs business for omnichannel world
Chief operations officer Gareth Pearson tells MCA how its £250m restaurant remodelling programme comes in response to the business changing shape significantly
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NewsMcDonald’s invests £250m in restaurant remodelling
The Convenience of the Future upgrade programme will see McDonald’s UK&I shake up the way its restaurants operate to reflect the multiple ways customers order
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NewsPopeyes Stratford breaks sales records
The brand’s UK debut at Westfield is the top performing Popeyes store in the world in terms of sales, CEO Tom Crowley told MCA
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InterviewsRichard Caring ‘committed to continuously evolving’ Bill’s
The refreshed offering at Bill’s aims to connect its foundation under former greengrocer Bill Collison with an “experiential, contemporary twist”, COO Rebecca Tooth told MCA