All news articles – Page 7
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News
KFC: ‘All this new competition is a good thing’
Far from seeing it as a challenge, KFC UK & Ireland’s general manager Rob Swain is embracing the competition in the fried chicken market and doubling down on the brand’s commitment to growth, he tells MCA.
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Openings of the week
MCA rounds up this week’s biggest openings stories, including Vagabond Wines, Mouse Tail Coffee, HBR, and more
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Incipio Group to launch four new hospitality concepts
The concepts – Arbour, Wolves of Tokyo, Lillie’s and Juno – will begin opening in phases from October, with Juno set to become the UK’s largest Italian restaurant
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Two Magpies on track for another profitable year
The café and bakery group achieved a £450k profit in its last financial year by focusing on improving efficiencies to combat increasing costs
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Young’s pushes ahead with sector-leading growth
Like-for-like revenue growth stood at 5.7% in the year to 31 March, and 8% in the past nine weeks, with the pub company reporting total revenue of £485.8m
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Deliveroo pilots drone delivery in Dublin
The delivery company aims to expand the service to more restaurants and launch grocery and retail deliveries within the next six months
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In pictures: First look at Electric Shuffle King’s Cross
The new outpost for the experiential brand opens this Friday, with Red Engine planning to open up to 10 new venues per year
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Caffè Nero UK’s Will Stratton-Morris steps down from CEO role
Stratton-Morris has taken up a new group role as chief business development officer, with the search for a new CEO underway
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Boardwalk increases cohort to 22, reveals full line-up of mentees
The 2025/26 mentees represent a wide cross-section of the industry, spanning operations, people, marketing and commercial roles across restaurants, pubs, concessions and events
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Patisserie Valerie owner narrows losses
The bakery business reported turnover of £20.3m, down 20% year-on-year, reflecting a strategic restructuring of its retail estate and a shift towards profitable growth
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Hospitality sector to save £3m through new energy efficiency scheme
The initiative, delivered by Zero Carbon Services, will provide one-to-one support for pubs, restaurants, cafés and hotels to identify and implement cost-effective energy-saving measures
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Punch Pubs completes £640m refinancing
The pub company, which operates c.1,264 sites, has extended its bond financing to December 2030 while increasing the bond from £600m to £640m.
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Phat Buns group unveils five-brand franchise model
Co-owner Hussein Sacranie has unveiled the group’s next phase expansion, launching a five-brand virtual model that allows franchisees to operate multiple concepts from a single kitchen
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EL&N introduces new fine dining concept in Beirut
The boutique café group, which operates 13 outposts across the UK, has launched its new concept - House of EL&N - in Lebanon
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Dave’s Hot Chicken confirms Roark Capital acquisition
The private equity firm behind Subway and Dunkin’ was rumoured to have signed a deal valuing the chicken chain at $1bn
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The biggest collaborations in food to go this summer
Brands including Ole & Steen, The Salad Project, Dishoom, Wahaca and Knoops have teamed up to offer some innovative takes on warm weather classics
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Joe & the Juice experiments with new ‘concept store’
The brand has launched House 11 in its home market of Copenhagen, encompassing a gym, sauna, and courtyard alongside the juice bar
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Cornish Bakery targets 400 sites; appoints first property director
The 66-strong bakery chain sees “significant opportunity to grow across the UK”, with a focus on high street locations, MD Mat Finch exclusively tells MCA
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McDonald’s UK&I appoints new CMO
Ben Fox returns to the UK and Irish business, after five years in an international role for McDonald’s, to oversee all food strategy and marketing campaigns, and to lead the marketing team
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YO! Sushi continues to focus on retail kiosk rollout
The sushi restaurant and kiosk operator opened 182 new kiosks over the 70-weeks to 31 March 2024, taking its total kiosk estate to 510, with revenue up by 63.2%, to £138.3m