All articles by Hannah Currie – Page 14
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NewsGreene King opens first Nest pub
The Palmer Tavern, located on Wokingham Road in Reading has opened after a £360,000 investment by the pub company
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NewsShake Shack opens first train station site
The burger chain is set to open in St Pancras International, home to the Eurostar in early summer 2024
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NewsXP Factory sees opportunity to ‘make hay in underpenetrated market’
CEO Richard Harpham said the experiential operator opened so many sites so quickly in 2022, “we didn’t get everything right”, but added its brands Boom Battle Bar and Escape Hunt remain “highly resilient” to consumer headwinds
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Analysis & InsightBeringea: ‘Farmer J has flourished’
Managing partner Stuart Veale explains the rationale behind Beringea’s recent £5.5m investment in the London-based brand and explores its growth to date
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InterviewsWetherspoon eyes franchising abroad
Chairman Sir Tim Martin said the business is considering opening franchise pubs in airports outside the UK, as it makes its way towards the 1,000 pub milestone
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InterviewsThesleff Group targets strategic expansion
The Markus Thesleff led business is gearing up for its most ambitious project to date; the 14,000 sqft Los Mochis London City, whilst the group eyes international brand expansion in the US and Middle East
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NewsBig Mamma pushes ahead with global expansion
The Italian restaurant group said its acquisition by McWin would support its global expansion plans in Europe, the Middle East and United States
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NewsIn pictures: The MCA Hospitality Awards 2024
The leading players in the hospitality sector gathered at The Guildhall last week, with Dishoom, Albert’s Schloss, Loungers and Gail’s all taking home a trophy
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NewsOpenings of the week
MCA rounds up the week’s biggest openings stories, including German Doner Kebab, Inn Collection Group, Proper Pubs and more
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NewsPandemic-driven delivery boom stabilises
The delivery market is expected to grow +2.8% to a value of £14.1bn in 2024F, but there is work to do to cement habitual behaviour amongst consumers, according to Lumina Intelligence
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NewsShepherd Neame achieves record revenue
The Southeast-based pub operator saw revenue rise to £89m for the first half of the financial year, with strong like-for-like sales growth in both tenanted and retail pubs
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InterviewsBubba Oasis sets sights on London expansion
The neighbourhood clubhouse brand sees opportunity for its unique positioning as daytime co-working space and late-night party spot
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Analysis & InsightRestaurant delivery sales rise 8% in February
An inflation-beating increase also means the UK’s managed restaurant groups have generated growth in at-home sales for nine months in a row
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NewsLoungers appoints CFO
Stephen Marshall will replace Gregor Grant as chief financial officer at the all day café/bar/restaurant operator
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Analysis & InsightSix Nations provides 23% boost for pubs
The volume of transactions at pub and bars was also up 19% on Super Saturday, as Ireland took home the Six Nations title
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NewsXP Factory sees potential for over 150 UK sites
The competitive socialising business sees opportunity to scale the business considerably domestically and internationally, and said the focus would remain in the UK in the short-term
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InterviewsBewiched Coffee shifts focus to drive-thru
The Midlands based business has five drive thru sites in the pipeline, and looks towards opening the first with a coffee roastery on site at Wellingborough Glenvale Park, founder Matt Fountain tells MCA
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Analysis & InsightRestaurant and café price rises slow
The rate of inflation slowed to an annual rate of 3.4% in February, reflecting a downward effect from restaurants and cafes, where prices rose by 0.7%, compared to 2.1% in January
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InterviewsNaan Staap aims for 10 sites in 2024
The Pakistani café brand has ambitions to open 20 UK stores by the end of 2025 and sees strong potential for international expansion, according to founder Zohaib Shahnawaz
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InterviewsMB Chicken: ‘We want to be the premier global chicken brand’
The Canada-founded chicken brand is spearheading international expansion in the UK, with plans for rapid growth with a select group of franchise partners, VP International Development Dylan Powell tells MCA