All articles by Hannah Currie – Page 6
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Analysis & InsightVarious Eateries sees steady start to H2
The Noci and Coppa Club operator said that a significant increase in minimum wage has impacted margins, but this has partially been offset by food and utilities inflation, which has fallen year-on-year
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Analysis & InsightPubs diversify to survive
While consumers continue to limit discretionary visits, pubs are having to do more to attract visitors, Lumina Intelligence’s insights director Blonnie Whist told MCA’s Pub Conference yesterday
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Analysis & InsightEconomic stabilisation and lack of strikes boosts market
Lower inflation and and the call for a general election has led to improved consumer confidence, according to Lumina Intelligence
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Analysis & InsightFunctional power: Brands tap into growing demand for energy drinks
MCA explores the trend of caffeinated functional drinks as Bubbleology and Kaspa’s experiment with new Red Bull infusions, while US chains such as Starbucks and McDonalds gear up to enter into the space with new product innovation
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Analysis & InsightValue scrutiny remains dominant consumer attitude
Lumina Intelligence predicts consumers will continue to look for value through quality and experience, therefore operators need to adapt offerings through in-venue theatre and higher quality menus
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NewsC&C Group urged to explore sale by activist investor
New York-based Engine Capital has said that the drinks manufacturer is a “perennial underperformer as a result of structural and self-inflicted problems”, urging it to undertake a strategic review process
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NewsPing Pong maintains profitability
The dim sum restaurant chain, which was bought out of pre-pack administration in 2022, is exploring low capital investment growth opportunities
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Analysis & InsightEstate consolidation drives leading brand profitability
The industry has shifted towards leaner, more focused business models, with top performing brands set to see relatively flat outlet growth in 2024, according to Lumina Intelligence.
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Analysis & InsightSummer menus showcase classic dishes reimagined
Whilst PizzaExpress returns to fan favourites for inspiration, Ole & Steen and Busaba embrace a reliable summer staple with strawberries and cream-themed dishes
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NewsNoble Hospitality appoints new culinary director
The Alley Cats Pizza and Angus Steakhouse operator welcomes Jeremy Brown, who previously held the position of group executive chef at Gordon Ramsay Restaurants
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, including Inception Group, Cocotte, Be At One and more
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InterviewsPure plans more airport sites
Business catering provides a big growth opportunity, CEO Spencer Craig tells MCA, with further potential to grow outside the capital in UK airports
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InterviewsKibou looks North
The Japanese restaurant concept will make its debut in the region next year, with Birmingham, Manchester, and Leeds all target cities, according to MD Sam Horswill
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NewsYoung’s delivers industry-leading profitability
The pub operator has reported a revenue increase of 7.4% to £388.8m, while like-for-like revenue grew by 3.4% in the last financial year
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NewsPure launches new business catering service
The new B2B offering will provide catering for meetings and events, a range of workplace feeding options and a new, wholesale range of longer-life Pure products
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Analysis & InsightHospitality groups see 3.6% sales growth in May
An easing of some household bills, along with two Bank Holiday weekends provided a welcome boost to consumer spending, despite dissapointing weather across the month
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NewsDoughnation targets 40-50 sites
The fledgling pizza brand is the latest from London-based investment company Game Changers, which aims to provide chef-led concepts with the resources to create scalable businesses
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Analysis & InsightProper Pubs sees 122% uplift in draught sales as Euros kick off
The community operator division of Admiral Taverns saw positive trading momentum during England’s first match on Sunday
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NewsDeliveroo launches invite-only subscription service
Plus Diamond members will receive priority delivery and an on-time delivery guarantee, alongside a direct line to a dedicated customer care team and an elevated in-app experience
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InterviewsGravity sees potential for another 10-15 UK sites
Co-founder of the active entertainment business, Michael Harrison sees substantial room for domestic growth alongside international franchising, after signing a three-site deal for Morocco