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All articles by Finn Scott-Delany – Page 17
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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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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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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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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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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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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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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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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
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NewsRent assessments would add ‘further confusion’
The Pubs Code Adjudicator (PCA) has cautioned against adding further complexity and volume of information provided to prospective tied tenants
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Analysis & InsightPlan B: ‘You do have to question the timing’
Hospitality was largely spared direct restrictions with the implementation of plan B – but it will suffer the consequences of a return to working from home, and damaged consumer confidence
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InterviewsUber Eats: ‘We have the best tech and the best team’
Newly appointed UK general manager Matthew Price tells MCA his number one priority is to bring more restaurants onto the platform
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NewsFulham Shore achieves profit of £2.4m
The Franco Manca and Real Greek operator currently has 21 sites in legals, with chairman David Page saying the business was performing ahead of expectations