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All articles by Georgi Gyton – Page 4
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NewsJust Eat reports positive momentum in UK delivery market
Orders at its UK and Ireland business decreased by 1%, from 60.8m in Q3 2023 to 60.1m in Q4 2024, but Gross Transaction Values were up 6%, to €1,764m, over the period.
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NewsWhitbread accepts offers on 51 F&B sites
The accepted offers amount to a total consideration of £56m, and form part of the Premier Inn operator’s plans to exit 126 restaurants and convert 112 others into hotel rooms as it rationalises its F&B estate
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NewsIncreasing National Insurance would risk hospitality jobs
Reports the government could increase employer’s National Insurance Contributions would be “a tax on jobs”, UKHospitality has warned.
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NewsAzzurri Group appoints new tech director
Jim Hingston has joined as its new digital and technology director, replacing Joel Robinson who will continue in his role as founder and CTO of the group’s data platform Openr.
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NewsCoco Di Mama launches retail range in Sainsbury’s
The Azzurri Group brand has begun a nationwide partnership with the retailer which will see six premium Italian-inspired baguettes listed in more than 650 Sainsbury’s stores
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InterviewsCUPP exploring universities as route to growth
The bubble tea brand, which is targeting 15 new locations in 2025, opened a site at Leicester De Montfort last month with discussions taking place with other universities, director Angharad Jackson tells MCA.
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NewsGavin George and Charlie McVeigh join Revolution operator
The Revel Collective (formerly Revolution Bars Group) has appointed the former Laine Pub Company CEO and former Draft House founder as non-executive directors.
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NewsMark Crowther to join Heron and Brearley Group as chairman
The Isle of Man pub and bar group said it had consolidated its board strategy with the appointment of Crowther, who replaces outgoing chairman Christopher Smith
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NewsPapa Johns reports £18.5m loss for 2023
The UK and Ireland franchise pizza business, which closed 15 stores during the year to 31 December 2023, saw like-for-like sales decline by 5.7% over the same period
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NewsOpenings of the week
MCA rounds up the biggest openings stories from the past week, featuring Loungers, Savage Eats by Revolution Bars Group, Bubbleology and more
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Analysis & Insight‘Still lots of whitespace for Loungers’
Despite continuing to expand at pace – with 17 new sites opened in the 24 weeks to 6 October – analyst Berenberg is confident it still has “significant amounts of white space in which to roll out sites”
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NewsSticks ‘n’ Sushi appoints new CFO
Former Azzurri Group finance director Kushal Banerjee joins the Denmark-based, Japanese-inspired restaurant group as it looks to expand
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NewsLucky Voice launches new ‘inclusive’ drinks offering
The new menu, spearheaded by newly appointed head of operations Steve Little, features 18 new cocktails and mocktails, and has been launched in response to growing demand for low and no-alcohol drink options
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NewsRichard Franks steps down as HOP Vietnamese MD
Founder Paul Hopper has resumed his role as MD as the business moves into the next phase of its growth strategy
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NewsPub sector warns of ‘end of affordable pint’
Brewers and pub operators have warned Chancellor Rachel Reeves that increasing tax on alcohol and pubs in this month’s Budget could result in closures as businesses have “nothing left to give”
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NewsXP Factory secures new £10m bank facility
The experiential leisure operator said the new revolving credit facility would give it the flexibility and capacity to grow both its Boom Battle Bar and Escape Hunt estates.
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Analysis & InsightUnlocking potential: How hospitality operators are giving prison leavers a second chance
With prisons in England and Scotland nearing maximum capacity, and amid high re-offending rates, could the labour-challenged hospitality sector play a part in the rehabilitative solution? MCA speaks to operators working with prisoners looking to turn their life around, featuring Greene King, Pret and Redemption Roasters
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NewsMarston’s achieves 4.8% rise in like-for-likes
The pub operator reported total retail sales for its managed and franchised pubs of +5.8% for the 52 weeks to 28 September 2024, with food sales particularly encouraging.
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NewsCUPP to launch hot food offering
The Taiwanese bubble tea brand will begin rolling out an Asian-inspired hot food menu across its estate later this month
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NewsOpenings of the week
MCA rounds-up this week’s latest openings stories, featuring Boojum, Heartwood Collection, Popeyes, Heavenly Desserts and more