All articles by Hannah Currie – Page 12
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NewsNPD taps into global flavour trends
A flurry of seasonal menu refreshes see Subway lean on a growing trend for smokehouse concepts, Loungers inspired by Brixton’s finest Caribbean restaurants, while Pret introduces Thai-style salads and wraps
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NewsRevolution Bars sets out restructuring plan
If implemented, the strategy aims to return the company to profitability by improving EBITDA, reducing debt, and enabling a recommencement of the refurbishment program
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Analysis & InsightBranded coffee shop operators remain cautious
High inflation has eroded coffee’s affordable luxury status, despite the UK branded coffee shop market achieving sales growth well above pre-pandemic levels, according to the World Coffee Portal
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NewsBistrot Pierre launches new concept
All-day dining venue Pierre’s focuses on a value for money offering of coffees, cocktails and small plates, and will make its debut in Newport, South Wales next month
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InterviewsPapa Johns harnesses the power of culture to fuel innovation
International R&D director Adam Wilcock tells MCA how the brand intends to stand out in a cluttered pizza market and focus on innovation that stays true to cultural nuances in the UK
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NewsBrewDog Bars 2.5% down in 2024
CEO James Watt put the performance down to a challenged start to the year for hospitality, adding that BrewDog remained 10% ahead of the wider industry
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NewsHospitality Rising pauses campaign
Founder Mark McCulloch said the recruitment initiative would need a 5-10 year continuous national advertising campaign costing c£1m+ per year
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NewsTasty reveals 14 site closures
The business will shut 13 Wildwood restaurants and one Dim T as part of its restructuring plan, which will see it exit 20 loss-making sites in total
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NewsBig Fang Collective plans three new multiconcept venues
The Imbiba-backed group has planned launches in Bristol, Nottingham and London for later this year, marking its debut in the capital with a 30,000 sq ft space in Waterloo
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NewsInteractive dining and cultural exploration among concepts to watch
Operators are embracing multifunctional spaces that offer more than just dining, whilst a number of new openings offer authentic culinary experiences, according to Lumina Intelligence
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NewsCaravan focuses expansion outside of London
The group reported a strong trading performance, with growth in both transaction volumes and spend, as it prepares to open a new site in Manchester
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NewsOpenings of the week
MCA rounds up the week’s biggest openings stories, including McMullen’s, Six by Nico, Heartwood Collection and Comptoir Libanais
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NewsPunch acquires three Leicestershire pubs
The Dog & Gun in Syston, the White Bear in Hinckley and the Horse & Trumpet in Sileby will join Punch’s Leased and Tenanted estate, which is made up of more than 900 pubs
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NewsCrosstown seeks new investment
The doughnut brand has appointed M&A specialists from Interpath Advisory to advise the business through the investment process
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NewsItalian waiters heading for London blocked by minimum salary threshold
Thousands who once came to the city to work will now fall victim to a new regulation which raised the minimum salary threshold for a skilled work visa from £26,000 to £38,700
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NewsGreggs makes progress on sustainability targets
The food-to-go retailer has achieved 97.1% of electricity usage across all operations came from renewable sources and maintained over 30% of range as ‘Healthier Choice’ products
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NewsCrêpeaffaire seeks new franchise partners
The quick-service crêpe brand has appointed property adviser, Christie & Co to support its UK expansion plans
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NewsReforming business rates ‘an ideal place to start’ for hospitality
The Labour Party has announced its plan for high streets, including replacing business rates with a new system of business property taxation “which rebalances the burden and levels the playing field”
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NewsTasty to exit 20 loss-making sites
The Wildwood and Dim T restaurant operator has announced a £750,000 loan agreement with Bet365 shareholder Will Roseff to fund a planned restructure
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Analysis & InsightWet weather dampens restaurant sales
Restaurants spend was down -12.6% in March, while pubs, bars and clubs saw stronger growth than in February, at 3.2%.