All articles by Finn Scott-Delany – Page 15
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NewsSourced Market shuts up shop after entering liquidation
The company’s largest investor, Pembroke VCT, told MCA that Begbies Traynor had been appointed to wind down the business
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InterviewsOakman: ‘We never cut back, we always double down on’
Following Oakman Group’s refinancing and share offering, CIO Stephen Kenee talks to MCA about its latest cohort of brand ambassadors, and how the pub company will be nearing a £100m business once its pipeline is built
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Interviews‘You can say anything about hospitality, but it’s not boring’
Mark McCulloch, founder of Hospitality Rising, talks to MCA about why his campaign is positioning a job in the sector as “the fun option”
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InterviewsJoe & The Juice: UK a ‘priority market’
CEO Thomas Nørøxe talks to MCA about the juice and healthy eating concept’s plans to open 10 new sites in the UK in 2022. With an estate of 55, the brand is targeting regional sites in the Surrey and the south coast, Liverpool, Manchester and Birmingham
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InterviewsHero Award: Pizza Pilgrims’ Charlie Warren has ‘glittering career’ ahead
In the latest profile of nominees for MCA’s Hero category at the Retailers’ Retailer Awards, Pizza Pilgrims co-founder Thom Elliot hails his senior managing partner as a “driving force of positivity”
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NewsJoe & the Juice receives £34.7m cash injection
The parent company of the Danish juice and healthy food concept raised the money last year through a capital injection from shareholders and bank borrowings
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NewsUrban Pubs & Bars extends banking facility
The London-based operator has extended its facility with Barclay’s to £6m to help support its expansion
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NewsGrind contains losses to £1.2m
The company has completed a “significant equity investment” round which has strengthened its balance sheet and provided funds to scale the group in the UK and internationally
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NewsDaisy Green eyes expansion
The Antipodean café operator plans to open two to three sites per year, as well as expand its direct to consumer business, having raised £2.6m in equity capital
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Analysis & InsightCorbin & King: The extraordinary public row with its majority investor
As Minor International forces The Wolseley operator into administration over unpaid debts, MCA examines the background to the bitter row
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NewsFuller’s: Strong desire to return to city
The pub company has reported improved trading since the new year, having gained further momentum with the lifting of restrictions in England
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NewsCorbin & King placed into administration by majority investor Minor International
The Thailand-based investor said the restaurant group was insolvent, but CEO Jeremy King accused Minor of a power play to seize control of the holding company
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InterviewsMcDonald’s sustainability plan ‘embedded in grassroots’ of company
In the latest in a series profiling the nominees of our new Sustainability category at the Retailers’ Retailer Awards, MCA speaks to the people at McDonald’s behind the brand’s Plan for Change strategy
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InterviewsHawksmoor on doing things ‘the right way’
In the first in a series profiling the nominees of our new Sustainability category at the Retailers’ Retailer Awards, MCA speaks to Hawksmoor about how the company is going carbon neutral
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Analysis & InsightRoger Whiteside’s stewardship of Greggs hailed as ‘transformational’
Commentators speak to MCA about how the former Punch Taverns CEO turned Greggs into a national brand and worthy competitor of McDonald’s
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InterviewsPho has ‘ton of whitespace’ for expansion
Managing director Patrick Marrinan told MCA the Vietnamese-inspired brand would up the pace of expansion under TriSpan, but at “sensible numbers”
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NewsSunak faces new pleas for support
It comes as hospitality leaders warned of the catastrophic impact of advice to “think carefully” about socialising over Christmas
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NewsDomino’s ends long-running franchisee dispute
The resolution will see Domino’s spend £20m on digital enhancements, in return for at least 45 new store openings a year
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Analysis & Insight
Punch to explore M&A under new backer
CEO Clive Chesser told MCA the increased firepower under Fortress would allow Punch to explore further acquisition opportunities. Meanwhile one analyst suggested the regionally-alligned but under-performing Marston’s could be a key target
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NewsPunch acquired by Fortress
The deal sees Fortress Investment Group acquire 100% of the share capital, along with existing management, of Punch owner Vine Acquisitions from Patron Capital Partners