All Restaurants (Casual Dining) articles – Page 5
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News
Whitbread set to appoint Christine Hodgson as new chair
Hodgson, who served on the board of Ladbrokes Coral Group, will succeed Adam Crozier, who is expected to step down later this year after six years in the role
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News
TGI Fridays to relaunch brand in July after rescue deal
Simon Wilkinson, board director for TGI Fridays and the Evolv Collection said the turnaround effort, led by CEO Julie McEwan, is focused on reversing years of decline
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Analysis & Insight
RBI posts 2.8% Q1 growth, with UK flagged as key market
Total revenue rose 21% year on year to $2.1bn, while adjusted EBITDA increased 2.4% to $642m, and adjusted net income reached $343m
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News
Openings of the week
MCA rounds up this week’s biggest openings stories, including Pizza Pilgrims, Oodles Wok, Residence, and more
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News
Joe & The Juice returns to profit for FY24
The food-to-go operator posted global revenue of £320m in FY24, up 17% on 2023, as it returned to profit, confirming continued expansion plans across its core markets
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News
Various Eateries reports profit growth as new sites lift sales
Like-for-like sales during the period were flat, reflecting the later timing of Easter this year, but have since risen 1.3% in the five weeks of post-period trading
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News
Indian chefs to access UK hospitality roles under new trade deal
Trade Secretary Jonathan Reynolds said the deal includes “modest changes” to business mobility, with a cap of 1,800 professionals able to access the UK
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News
Popeyes UK appoints Jo Vaughton as CMO
Joining in June, Vaughton most recently worked at PizzaExpress as marketing director and has held senior roles at InterContinental Hotels Group and Celebrity Cruises
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News
JD Wetherspoon posts 5.6% LFL sales uplift
Total sales increased 5% in the quarter and 4.2% year to date, slightly behind LFLs due to a small number of disposals. The operator exited seven sites during the period but offset this with two openings and four additional pubs launched with Haven
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News
Tasty returns to profit following site closures and restructuring
Revenue dropped 21.9% to £36.6m, largely due to the reduced estate and one fewer trading week, while LFL sales declined 4.5%
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Interviews
CRG targets 10 Mowchi sites by end of 2025
The Asian street food concept is set to reach 10 UK sites by the end of the year, with four to five openings planned in the near term
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News
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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Interviews
Afrikana to reach 25 UK sites this summer, eyes international growth
The City Restaurants Group brand is set to open around ten sites a year going forward, managing director Matthew Wood tells MCA
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Interviews
Slice & Dice: ‘We could have ten sites by the year-end’
The EHG business is gearing up to expand its New York-style pizza concept following early signs of success and growing demand for pizza by the slice
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Analysis & Insight
Halal QSR is growing – but how are brands navigating the complexities?
While some operators are embracing the shift, others remain cautious, with challenges over operational complexity, consumer sentiment, and commercial strategy
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Interviews
Wagamama surpasses 1m loyalty members as omnichannel grows
CEO Thomas Heier tells MCA the programme is already driving “positive movements to member visit frequency” since launching in 2024, with further functionality and features in the pipeline
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Interviews
Velvet Taco to open at Broadgate Circle, targets 10 UK sites by 2030
The fast-casual taco brand’s first UK site is to open in July, followed by a Soho opening and two sites each year over the next five years
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News
Prezzo teases new name ahead of strong Q1
CMO Mark McCulloch revealed the plans in a LinkedIn post, teasing: “An Italian icon is about to have a makeover…New name, same passion”
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Interviews
Which Wich eyes travel hubs and multi-channel growth
The brand is preparing to open a second UK site in Fleet Street this June – a dual-floor location designed to support dine-in, delivery, and catering operations
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News
Lunch outperforms dinner during Easter weekend
Lunchtime bookings accounted for 56% of all reservations on Easter Sunday and Monday, compared to just 28% for dinner, according to the latest Zonal data