All articles by James McAllister – Page 17
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NewsThe Evolv Collection partners with Not For Sale charity
The partnership will see the Martin Williams-led group donate £1.50 for every steak sold across its Stories Collection and Chop House & Taverns estate
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NewsBrindisa restaurants ‘prove resilient’ amid difficult trading conditions
The Spanish restaurant group has reported a 3.75% increase in gross margins in its latest financial results, while pre-tax profits have more than quadrupled
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NewsYousif Aslam exits Heavenly Desserts
Aslam, who founded the dessert café franchise with Mohammad Imran back in 2008, says he leaves the business in the hands of ‘a highly capable and committed leadership team’
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NewsEsquires Coffee reports strong systemwide sales growth across UK and Ireland
The Cooks Coffee-owned brand has reported a 22.8% increase in full year group store sales, supported by ongoing expansion of its franchised estate
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NewsTilray: ‘We see a clear path to rebuilding BrewDog towards $1bn valuation’
The brewery business’s new owner says it expects BrewDog to be cash flow positive in 2027 and is making targeted investments in its brand and brewpub estate
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NewsHalf of Franco Manca closures to be based in London
MCA understands eight of the 16 restaurants earmarked for closure are in the capital with the rest spread across the UK covering sites in Glasgow, Hove and Plymouth, amongst others.
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NewsWar in Iran could lead to food shortages in Britain this summer
There are fears the closure of the Strait of Hormuz will lead to carbon dioxide shortages, impacting food and drink supply chains in the UK that could hit hospitality hard
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NewsFranco Manca to close 16 sites under CVA
Fulham Shore CEO Marcel Khan says the process will see ‘a minority proportion of restaurants closing where they are no longer sustainable in this cost environment’
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NewsPuttshack warns of ‘material uncertainty’ over parent company covenant breaches
The competitive socialising group says its parent company is actively discussing refinancing options amid forecasts it will breach it covenants at various testing dates over the next year
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NewsGreggs plans further Outlet stores as it introduces ‘Fighting Food Waste’ performance metric
The initiatives feature in the bakery group’s latest sustainability report, which also includes new commitments to develop a methodology for measuring the healthiness of food sales
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NewsAtis to launch first customer app
The London-based salad specialist says the move marks a ‘major step’ in its strategy to make 2026 its year of customer-first innovation
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NewsPunch Pubs: ‘The average pub contributes up to £1.3m to its local community’
New research published by the group in collaboration with Northumbria University also shows the entire pub sector contributes at least £142m in social value per year
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NewsStonegate’s estate transformation strategy ‘delivering’ amid ‘well-documented trading challenges’
The pub giant says the plan has allowed it to mitigate continued inflationary cost pressures, improving the bottom-line performance despite an expected drop in revenue in its latest results
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InterviewsBrakspear: ‘Profitability is becoming more and more difficult to achieve’
Chief executive Tom Davies tells MCA that despite turnover remaining strong, spiralling employment costs continue to challenge the pub operator’s P&L
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Analysis & InsightTrade bodies warn operators are finding it ‘more and more difficult to make ends meet’
Data from CGA by NIQ shows that a third of hospitality businesses are now either breaking even or making a loss
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Analysis & InsightEating out sentiment on the rise
Data from BDO shows net spend intention across the eating out segment has risen 5.4 percentage points year-on-year with improving household confidence leading to a recovery among 35-44-year-olds
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NewsDomino’s confirms Nicola Frampton as permanent CEO
Frampton, who has served as interim CEO since the departure of Andrew Rennie in November, is described by the pizza delivery group as ‘the outstanding candidate to lead the company’
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NewsBrakspear acquires three pubs from Grosvenor
The pub operator is expanding its leased and tenanted estate with the latest acquisitions, which are all based in Surrey
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NewsPatty & Bun announces multiple closures
The better burger slinger says the four closures, which reduces its bricks and mortar estate to just two sites, marks the end of a chapter, but ‘isn’t goodbye’
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NewsMEATliquor shutters bulk of estate
The restaurant group has closed all but two sites under its core brand with founder Scott Collins also retaining control of Covent Garden sports bar BLOODsports