All Food to go articles – Page 2
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News
YO! Sushi continues to focus on retail kiosk rollout
The sushi restaurant and kiosk operator opened 182 new kiosks over the 70-weeks to 31 March 2024, taking its total kiosk estate to 510, with revenue up by 63.2%, to £138.3m
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News
One third of hospitality businesses now operating at a loss
A joint survey of pubs, bars, restaurants, and hotels found the number of operators making a loss had risen by 11% on the previous quarter
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Interviews
Thunderbird to launch spin-off concept Strip Shack
CEO Paul Gilchrist reveals the launch of Strip Shack, a compact concept designed for non-traditional spaces and developed to reduce capital costs and operational complexity
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News
Pure makes move into wholesale
The food to go brand has expanded its B2B catering arm, launching its first wholesale range of breakfast and lunch items
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News
Yolk targeting 50 UK sites, with further fundraise £1.5m underway
The food to go business, which has just launched a new brand identity, is ”confident” of its ability to open five to six sites a year
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News
Openings of the week
MCA rounds up this week’s biggest openings stories, including Big Mamma, Cosy Club, WatchHouse, and more
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Interviews
Burgerism CEO: ‘We’re not chasing scale for the sake of it’
Co-founder and CEO Mark Murphy tells MCA the brand has two locations currently in the pipeline, including one in a high-footfall urban location
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News
The Salad Project to open four sites this summer
The premium salad operator will open in Victoria; Notting Hill; Southwark; and Battersea Power Station, and has just launched a new partnership with Dishoom, co-founder Florian de Chezelles tells MCA.
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Analysis & Insight
'Vibecession': Consumer confidence falls as cost pressures mount
The spring update from PwC found that 87% of consumers are worried about the UK economy, 84% are concerned about the cost of living, and 40% plan to cut back on eating out in the next year
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News
Boss Pizza planning 20 new UK sites by 2027
The independent pizza chain, led by CEO Ajmal Mushtaq, is looking to accelerate its expansion and is targeting one site opening per week by 2027.
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Interviews
CRG targets 50 BonBird and 10 Crave sites in UK growth drive
MD Matthew Wood tells MCA the business is pushing for “relatively quick” growth across both brands, backed by operational efficiencies and a co-location strategy
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Analysis & Insight
QSR and food-to-go drive growth amid cautious market conditions
QSR turnover is expected to grow 3.4% to £17.7bn, with outlet numbers up 1.5%, while food-to-go is forecast to grow 3.5% to £13.6bn, according to the latest Lumina Intelligence data
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News
UKHospitality backs Oxford Street pedestrianisation
The trade body has backed plans to pedestrianise Oxford Street and is calling for hospitality to play a central role in transforming the area into a thriving, mixed-use destination
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Analysis & Insight
RBI posts 2.8% Q1 growth, with UK flagged as key market
Total revenue rose 21% year on year to $2.1bn, while adjusted EBITDA increased 2.4% to $642m, and adjusted net income reached $343m
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News
Openings of the week
MCA rounds up this week’s biggest openings stories, including Pizza Pilgrims, Oodles Wok, Residence, and more
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News
Joe & The Juice returns to profit for FY24
The food-to-go operator posted global revenue of £320m in FY24, up 17% on 2023, as it returned to profit, confirming continued expansion plans across its core markets
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News
CUPP unveils Express format for rapid boba expansion
The compact grab-and-go units are aimed at convenience retail, gyms, service stations, restaurants, holiday parks and more and promise fast setup and return on investment
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News
Introducing episode 2 of The Takeaway, with Wingstop UK CEO Chris Sherriff
In our second episode, Wingstop UK CEO Chris Sherriff reflects on the brand’s ambitious growth and how it’s scaling with confidence through a flexible, multi-format model
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Weekend Press
Meet SpudBros, the Preston pair turning jacket potatoes into a global brand
What started as a food stall in Lancashire has become a hit, drawing huge queues in London with customers eager to try the spuds topped with their secret ‘tram sauce’, The Times reports
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Interviews
Dong Hyun Kim: ‘A lot of people eat sushi, but the quality has gone down a lot’
The Wasabi founder is keen to avoid going down the well-worn route of high street sushi chains with his new venture Sushinoya – instead focusing on the quality of the fish, the variety on the menu, and the experience for the customer, he tells MCA.