All articles by Shwetali Sapte – Page 107
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News
Fairgame secures £5m to fund expansion
The new competitive socialising concept has secured a £5m investment to fund expansion, with its first opening in Canary Wharf this September
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News
Inflation hits 10.1% in new 40-year high
In another record-breaking high, the consumer price index rose from 9.4% in June to 10.1% in July, according to the Office for National Statistics
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News
Patty & Bun reduces losses in 2021
The burger brand has appointed former itsu CEO and Pret franchise director Gerard Loughran as a non-executive director
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News
Nightcap agrees new debt refinancing facility
The owner of the Adventure Bar Group, Barrio Familia, and The Cocktail Club has agreed a £10m facility with HSBC, partly to be used for capex on new sites
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News
Hostmore appoints non-executive director
The operator of the Fridays and 63rd+1st brands has appointed Stephen Welker as non-executive director
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Analysis & Insight
Menu prices to increase by 6% within 12 months
Menu prices will continue to increase as hospitality leaders struggle to cover rising costs, according to the Business Confidence Survey by CGA and Fourth
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Interviews
Blank Street Coffee: ‘We will bridge the gap between quality and cost’
The NYC-born coffee brand is focused on London expansion and aims to open 24 UK stores this year, MD Ignacio Llado Alvarez-Salas tells MCA
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News
Vacancies up by 103% since pandemic
Between May and June, vacancies in foodservice and accommodation increasd by 88,000 or 103.1% since pre-covid levels, according to the ONS
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Interviews
St Austell: ‘We want to unleash the potential of the business’
CEO Kevin Georgel speaks to MCA about strengthening the senior team to support the brand’s evolution towards a more customer-led, experiential business
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Interviews
Incipio Group: ‘We’re confident our sites will be resilient’
The Pergola and Lost in Brixton operator plans to open new venues in London while eyeing international expansion, CEO Ed Devenport tells MCA
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Analysis & Insight
Inflation outpaces sales growth
Like-for-like sales failed to match up to inflation in July, with London lagging behind due to rail strikes and heatwaves, according to the Coffer CGA Business Tracker
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News
Five Guys: ‘There are 250,000 unique ways to eat our burgers’
Five Guys Europe CEO John Eckbert speaks to entrepreneur Steven Bartlett about building a burger empire in the podcast Diary of a CEO
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Interviews
Hush Collection: ‘2021 was a good year for us’
The brand reported an 8.7% increase in turnover on 2019 levels, and plans to expand further both within and outside the UK, CEO Ed Standring told MCA
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News
Openings of the week
MCA rounds up this week’s biggest openings and announcements, featuring new launches from Popeye’s, Incipio Group, Rudy’s Pizza, and more
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News
Döner Shack to make London debut
The Berlin-inspired kebab concept will debut in Baker Street this autumn, the first of four openings planned over the next six months
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News
St Austell strengthens leadership team
The pub operator has promoted Andrew Turner to COO and appointed Paul Harbottle as commercial director alongside its first acquisition in two years
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News
NTIA calls for intervention over insurance premiums
The industry association has warned escalating premium costs are rising to unsustainable levels
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News
BII calls for government support amidst energy crisis
The British Institute of Innkeeping has requested urgent support for independent pubs to deal with soaring energy bills
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News
Sticks’n’Sushi announces 10th restaurant opening
The Danish-owned Japanese concept will bring its estate to 10 restaurants in UK with a new opening in Westfield London this year
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News
JKS to open Arcade at Battersea Power Station
The Sethi siblings-led group has confirmed it will launch a second London site for its food hall concept next year, showcasing a range of global cuisines