All news articles – Page 13
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Papa John’s closes 13 South West restaurants after franchise partnership ended
The pizza delivery business ended the agreement with its regional after a review of the business and said it would be looking to reopen the affected stores as soon as possible
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McDonald’s threatened with sale of shares over trafficked workers
The Church of England is threatening to sell its shares in the fast-food chain unless it engages more with the church’s concerns about modern-day slavery
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XP Factory reports bar revenue up 30%
Boom Battle Bar has seen revenues increase by almost a third, helping drive up the experiential leisure business’ total revenue by 17% for the year ended 31 March 2025.
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Activist investor builds stake in Upper Crust owner SSP
Irenic Capital, which was part of a campaign at The Restaurant Group, has acquired 2% of shares and is pushing for improved profits
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Labour risks ‘taxing high streets out of existence’
The increase to employers’ National Insurance and minimum wage squeezes shops and restaurants, says the industry
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Deliveroo staff poised to receive £65m payout from sale
The takeover proposal from US rival DoorDash represents a blow to London stock market, reports The Telegraph
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Wendy’s reports sales dip, updates full-year outlook
The American QSR chain is the latest to report a sales decline due to economic uncertainty, and has changed expectations to reflect the challenging consumer environment
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Openings of the week
MCA rounds up this week’s biggest openings stories, including Wetherspoon, Dishoom, Knoops, and more
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CUPP unveils Express format for rapid boba expansion
The compact grab-and-go units are aimed at convenience retail, gyms, service stations, restaurants, holiday parks and more and promise fast setup and return on investment
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OakNorth backs Loungers growth with £30m
The funding will help accelerate Loungers’ site rollout strategy, with plans to open more than 30 new venues annually across the UK
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McDonald’s reports UK like-for-like sales decline
The fast food giant said the 1% decrease in comparable sales within its International Operated Markets reflected mixed results across the markets, and was primarily impacted by negative comparable sales in the UK.
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Boardwalk: hospitality’s new mentoring programme for future women board leaders
The initiative was unveiled on Wednesday at a packed industry event at The Fable, marking the opening of applications for the inaugural 12-month programme
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Prezzo Italian revitalises brand with new identity
The Italian restaurant group has unveiled a new brand identity, refreshed F&B offering, and a refurbishment programme, designed to differentiate the concept in the UK market
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Business confidence at highest level since October Budget
Businesses have also stepped up their recruitment and investment plans, for the second month in a row, researchers at the Institute of Directors said in a new survey.
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KFC UK achieves +4% sales growth in Q1 2025
Yum! Brands CEO David Gibbs said there had been strong progress on some of the “bold initiatives” the business was putting in place, such as its trial of Kwench drinks within UK KFC stores, with the pilot showing “promising” early results
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Whitbread sells 38 branded restaurants as it continues with growth plan
UK F&B sales fell by 11%, in line with expectations, with Whitbread confident of exiting a further circa 60 branded restaurants, as planned, over the next 12 months.
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Mowgli remains committed to further investment
The Indian restaurant chain - now part of the Arcturus Group with Rosa’s Thai and Pho - grew sales by 31% to reach £40.5m
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Wingstop: UK acquisition demonstrates ‘industry-leading returns’
The global business is seeking similar investments, having reinvested $75.4m into the newly formed entity after Sixth Street’s acquisition of Wingstop UK
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Introducing episode 2 of The Takeaway, with Wingstop UK CEO Chris Sherriff
In our second episode, Wingstop UK CEO Chris Sherriff reflects on the brand’s ambitious growth and how it’s scaling with confidence through a flexible, multi-format model
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Boardwalk: the times, they are a changing
New mentoring programme Boardwalk has been set up to ensure the next generation of women leaders don’t just get a seat at the table, but are seen, heard, and valued for the full breadth of their leadership capabilities, co-founder Christine Martin writes for MCA