All articles by Georgi Gyton – Page 12
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Analysis & InsightMarugame Udon appoints new UK business head
Candice Nesbitt will head up Marugame Udon UK & Ireland, with interim CEO Sam McIntyre taking on a new role at Marugame’s US business
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Analysis & InsightGDK and True deal typifies renewed confidence in sector M&A
The recent deal adds to a growing crop of M&A transactions in the hospitality sector this year, with the partnership between GDK and True destined to offer more than just a boost to estate numbers, as MCA discovers
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NewsCornish Bakery targets 400 sites; appoints first property director
The 66-strong bakery chain sees “significant opportunity to grow across the UK”, with a focus on high street locations, MD Mat Finch exclusively tells MCA
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NewsMcDonald’s UK&I appoints new CMO
Ben Fox returns to the UK and Irish business, after five years in an international role for McDonald’s, to oversee all food strategy and marketing campaigns, and to lead the marketing team
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NewsYO! 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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NewsHonest launches first digital loyalty scheme
The burger restaurant chain will launch Honest Insiders on 10 June, a digital rewards app which will offer exclusive rewards for customers, when they visit any of its 39 restaurants.
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NewsSides appoints MD to drive national expansion
Aaron Moore-Saxton joins the fried chicken business, launched by YouTube icons Sideman, to lead the charge on its plan to scale to 200 UK restaurants
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InterviewsCoffi Lab still targeting 50 new openings despite cost challenges
The dog-friendly coffee shop operator believes its openings target is “still possible”, but the increase in labour costs and the price of Arabica has “sharpened our focus”, founder James Shapland has told MCA.
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InterviewsMajestic: ‘Vagabond acquisition offers a huge data opportunity’
Majestic’s acquisition of wine bar concept Vagabond last year offers both parties the opportunity to strengthen their businesses through data, according to CEO John Colley
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NewsXi Home founder planning expansion across London
Wenjun Xiang is looking to develop her three-strong Chinese restaurant business Xi Home Dumplings Bay, with the launch of additional concepts and is targeting new sites in the capital, she tells MCA.
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InterviewsPopeyes UK and TDR Capital: ‘There is significant growth potential for the brand’
The right brand, the right time, and the right investor are the holy grail of factors which have aligned to create a “powerhouse brand moving at pace”, Popeyes UK chief executive Tom Crowley tells MCA
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NewsPure 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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NewsDeep Blue Restaurants appoints new CEO
James Fleming joined the operator of Harry Ramsden’s last month, from his position as CEO at Patisserie Valerie and Bakers + Baristas
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News‘Hospitality sector is too fragile to expand’
Chef Richard Bainbridge said he is resisting the temptation to expand his restaurant business as the sector is in “the hardest place it’s ever been”
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NewsYolk 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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NewsTurtle Bay founder acquires stake back from Piper
The private equity firm has sold its stake in the Caribbean restaurant and bar business back to founder Ajith Jayawickrema, with current chair Jane O’Riordan to step down following the transaction.
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InterviewsBoxpark CEO: ‘We want to go bigger and be louder than before’
New chief executive Matt Snell speaks to MCA about opportunities for growth in the UK, why he wants to develop an events business, and plans for international expansion
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NewsThe 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 & InsightStonegate sees low and no alcohol sales up +30% in Q1
Sales were strongest in London, at 27% of regional sales followed by 11% in the North West, South East and Yorkshire and Humber, according from data from Stonegate’s MiXR app.
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Analysis & InsightSpending at pubs, bars and clubs reaches 16-month high
Card spending in the UK’s pubs, bars and clubs was up 6.6% on the previous month – as the warm weather and Easter bank holidays drew out consumers, according to the latest data from Barclays.