All news articles – Page 117
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Caribbean sales slump rocks Diageo: Shares in biggest fall since 1987
The drinks giant said sales in region to fall by 20% in six months to end of December, the Daily Mail reports
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From Pizza Express to Nando’s: how restaurants are buying your loyalty
Dining chains have swapped discounts for loyalty schemes to reward regulars, while digesting their data, The Sunday Times reports
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Posh restaurant chains ‘just assembling’ dishes
Celebrity chef Jamie Oliver said that customers think they’re “getting a posh meal”, but much of the food is prepared off-site
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How America fell back in love with the drive-thru
A taste for tech and dislike of face-to-face interaction among young diners has shifted eating habits, The Sunday Times reports
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Wagamama actively exploring loyalty programme
The Asian-inspired chain sees tech as a fundamental component of its growth strategy and is looking into a loyalty scheme, CEO Thomas Heier told MCA’s Restaurant Conference
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Snowfox opens its 500th kiosk in UK
The group has opened 500 kiosks under its Yo!, Panku, and Mai Taiko brands, and plans to continue its rollout throughout next year
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Lumina: Branded restaurants forging improvements
Scaled back operations, menu tactics and consumer-aligned innovation is driving spend and strengthening margins, Lumina senior insight manager Katie Gallagher told MCA’s Restaurant Conference
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Purezza announces merger with La Fauxmagerie
The sustainable restaurant group aims to expand its culinary footprint alongside artisan cheese brand La Fauxmagerie, acquiring a majority stake in the company.
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Diageo updates medium term guidance
While growth continues to be strong in Europe, Diageo cited a weaker performance outlook in Latin America and the Caribbean
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Krispy Kreme: UK pricing and cost control drives EBITDA
Krispy Kreme has reported Q3 2023 results, with international adjusted EBITDA margin expansion in part driven by initiatives in its UK estate
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Hospitality chiefs warn businesses will shut without tax freeze
Burger King, Fuller’s and Greene King are among the industry leaders who have signed a letter to the Chancellor calling for a tax freeze for pubs and restaurants
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McDonald’s UK boss summoned for questioning over staff allegations
The Business & Trade Committee has summoned Alistair Macrow as the BBC reveals a further 160 allegations of staff mistreatment in McDonald’s UK stores
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Rugby World Cup scores pubs double digit growth
Five of the six knock-out matchdays delivered a boost of 16% or more in drinks sales, against the average equivalent day in 2023
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Andreia Harwood returns to Wingstop
Formerly of The Restaurant Group, Harwood has rejoined Wingstop as its new marketing director – EMEA
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GDK launches own app-based delivery service
The new German Doner Kebab app will harness Uber technology to provide real-time tracking and 24-hour customer support
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End to rail strikes could mean ‘Christmas comes early’ for hospitality
The RMT confirmed it has reached a deal that could see staff get a pay rise backdated to 2022, alongside job security guarantees
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Domino’s sees continued sales growth
The pizza business reported Q3 total system sales up 5.5%, driven by an acceleration in new store openings
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Admiral Taverns reports resilient trading
The c1,500 strong pub group said that its continued investment in pubs and licensees was driving growth in a “volatile external environment”
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Openings of the week
MCA rounds up this week’s biggest openings stories, including Wagamama, Miss Millie’s, Fatto a Mano, Rosa’s Thai, and more
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4 in 10 plan to spend less on socialising this Christmas
Pubs, bars and restaurants will be competing with at-home entertaining this festive season as household budgets are squeezed