All articles by Shwetali Sapte – Page 106
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NewsOakman Group: ‘Concerns about inflation and taxation persist’
When adjusted for VAT, total sales were 17% up and lfl sales 6.9% up in the first 38 weeks of FY2022/23, with work commencing on two new sites
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NewsHospitality faces £7.3bn rise in energy bills as support reduces
Analysis from UKHospitality shows that energy costs for the sector are set to be £12bn higher than prior to the energy crisis
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NewsBlack Sheep Brewery CFO steps down
CFO John Hunt, who joined in June 2022, has stepped down, with Anthony Hill appointed as interim CFO
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NewsNew bill introduced for business rates reform
Instead of the current five years, valuations will occur every three years, meaning properties with falling values will see their business rates bills drop sooner
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NewsMarston’s secures extension of debt facilities
The 1,445-strong pub group has secured an amendment and extension of its bank and private placement debt facilities to the end of 2025
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InterviewsSushi Daily to further expand kiosk business
Following the launch of a new partnership with Tesco, the sushi concept is looking to further increase its points of sale, global brand director Romy Miller tells MCA
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from Pizza Pilgrims, Leon, 200 Degrees, and more
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InterviewsCasa do Frango: ‘Nobody is doing what we're doing’
The winner of Best Emerging Concept at the Retailers’ Retailer Awards, MJMK Restaurants co-founder Marco Mendes speaks to MCA about what makes Casa do Frango different
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InterviewsAmorino: ‘We’re confident in going outside London’
As it expands its UK estate from 21 to 50 stores, the gelato chain is confident in its scope to go beyond the capital, franchise director Roman Aslamzada tells MCA
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NewsCrust Bros announces two new openings
The Neapolitan pizza concept is expanding its estate to five London sites, following the success of its locations within Boxpark
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News200 Degrees promotes Nicki Jones to FD
Jones takes on the financial director position from Stephen Fern, who was promoted to MD earlier this year.
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Analysis & InsightSupply shortages likely to continue well into spring
Fresh produce, potatoes, beef, lamb, and salmon are all likely to see further pressures on demand and thus pricing, according to Lynx Purchasing
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InterviewsTortilla focuses on travel hub and European expansion
The fast casual Mexican-inspired brand will expand its partnerships with SSP and Compass Group, while looking to gain traction in international markets, CEO Richard Morris tells MCA
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NewsWendy’s to open three new sites
The American chain is continuing its expansion with a high street site in Lincoln, a shopping centre site in Wisbech, and drive-thru in Colchester
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NewsGDK bolsters leadership team
German Doner Kebab has appointed two senior executives from Domino’s as it looks to drive growth across the globe, with Simon Wallis joining as CEO
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NewsPizzaExpress appoints marketing director
Jo Vaughton, who has previously worked with Mollie and the InterContinental Hotels Group, has joined the omnichannel pizza brand
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NewsRed Oak Taverns acquires pub from McMullen’s
The company has made its fourth single site acquisition this year, and is seeking further acquisitions as it continues to grow its estate
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InterviewsJDW: ‘We’re keen to be as competitive as possible’
The pub company is unlikely to implement major price rises despite focusing on innovating its drinks offer, chairman Tim Martin tells MCA
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NewsOakman Group appoints CFO
Tarquin Williams, who has been serving as interim CFO at Cirrus Inns, will join Oakman as its new CFO
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NewsTortilla reports record revenue
The fast casual Mexican chain saw like-for-like revenue up 16.4% vs 2019 to a record of £57.7m and reports it is ahead of its growth targets