All articles by Georgi Gyton – Page 15
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NewsCaffè Nero reports 14% festive sales uplift
The coffee house achieved a 9% like-for-like sales increase in its UK estate, in the five weeks to 30 December 2024, versus 2023, with more than 40% of all transactions coming through its app
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NewsIndividual Restaurants ‘going from strength to strength’
The 32-strong restaurant group, which achieved record sales growth of +14% during December, has appointed Neve Rabbou as its new sales and marketing director as it looks to develop new brand propositions
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InterviewsYoung’s: ‘January trading is up on last year’
CEO Simon Dodds speaks to MCA about the boom in festive pre-bookings, the New Year menu offer driving cover growth, and why the business is optimistic about ‘supercharging’ the City Pub estate
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Analysis & InsightPub M&A activity forecast to increase in 2025
Caution resulting from the Budget is expected to be offset by an increase in the supply of pubs coming to the market, property agent Christie & Co predicts
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NewsInflation rate dip not enough to calm hospitality’s fears
The unexpected dip in inflation, to 2.5% in December, is positive, but “there has not been enough movement” to quell concerns about the economy, UKHospitality has warned.
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NewsM&B reports strong festive like-for-likes
The pub and restaurant group saw like-for-likes up 10.4% over the core three-week Christmas trading period – a figure it said “built on numerous record sales performances through the estate”
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NewsFuller’s ‘maintains market outperformance’
The pub and hotel business reported “excellent trading” over the five-week Christmas and New Year period, delivering like-for-like growth of 10.2%, with +5.9% growth achieved in the year to date
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NewsFortress tables increased and final offer for Loungers
Fortress Investment Group (UK) has increased its cash offer for Loungers, from 310p to 325p per share, which has been deemed “fair and reasonable” and in the best interests of the business and its shareholders.
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NewsTossed announces franchising move
The healthy eating brand currently operates 13 sites in central and greater London and is working with Bee Smart to realises its ambition to grow the business on a national scale
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NewsBoxpark to launch new social gaming concept
Playbox will open at Boxpark Croydon next month, offering interactive games such as digital shuffleboard, karaoke, retro arcade games and bookable seating to watch live sports
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InterviewsRare Restaurants’ Rising Star is ‘the heartbeat of the marketing department’
Social media manager Poppy Midgley’s creative campaigns have achieved significant ROI, marketing director Mark Sansom tells MCA, in the latest in a series of profiles on the Rising Star award finalists at the MCA Hospitality Awards
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NewsJDW expands partnership with Haven
Wetherspoon will open four new pubs at Haven’s holiday parks in Cleethorpes Beach, Devon Cliffs, Kent Coast and Haggerston Castle, following a £6.7m investment in the sites
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NewsSushi Samba Group reverses losses in 2023
The global hospitality group reported strong trading, with turnover up by 12% in 2023, to £15.3m, and the company achieving a profit after tax of £384k, compared to a loss of £768k in 2022.
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NewsVote for your winners before 19 January deadline
Voting for the MCA Hospitality Awards 2025 closes this Sunday so make sure you have cast your vote in the 12 hotly-contested categories.
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NewsHospitality sector could suffer £1bn loss if rail strikes go ahead
Avanti train managers represented by the RMT have said that they will strike on every Sunday from 12 January to 25 May, this year.
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NewsFestive trading at JW Lees up 10.3%
Food sales were up 12.7%, with drink sales +10.3%, however accommodation sales were down by 2.7%, due to the slowdown in staycations and closure of the port of Holyhead.
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NewsVarious Eateries names Mark Loughborough as new CEO
Loughborough, who joins the board on 20 January 2025, brings more than 30 years of experience in the hospitality sector, having spent the past 14 years at Young’s as retail director. Meanwhile current executive chairman Andy Bassadone will transition to the role of executive director
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InterviewsUrban Pubs & Bars’ Rising Star tipped as future CEO
Managing director Chris Hill praises divisional director Ben Atkinson’s “outstanding talent”, in the second in a series of profiles on our Rising Star finalists ahead of the MCA Hospitality Awards
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Analysis & InsightDelivery and takeaway sales continue to grow
Like-for-like sales among Britain’s leading restaurant groups were up by 6.2% on November 2023’s figure – the tracker’s highest figure since June 2024, according to CGA by NIQ
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InterviewsDrake & Morgan’s Rising Star ‘integral to the success of the business’
Drake & Morgan’s Graham Hall pays tribute to “superstar” people and culture director Chantelle Christy, in the first of a series focussing on Rising Star finalists ahead of the MCA Hospitality Awards