All articles by Shwetali Sapte – Page 109
-
NewsMarston’s lfl sales down 2% on 2019
In its third quarter update, the pub operator reported growing drink sales but weakening food sales in the last four weeks to 23 July, due to the recent heatwave.
-
Analysis & InsightSector sees 2.3% revenue decline since 2019
According to the UKHospitality Christie & Co Benchmarking Report, economic and operational challenges have led to a 2.3% contraction in like-for-like revenue
-
InterviewsTortilla: ‘The brand’s resilience lies in its simplicity’
CEO Richard Morris speaks to MCA about national and global expansion, maintaining affordability and authenticity, and why the acquisition of Chilango is sure to pay off
-
Analysis & InsightDelivery and takeaway sales continue to plateau
Delivery and takeaway sales saw the eighth month of year-on-year decline in June, according to CGA and Slerp’s Hospitality at Home tracker
-
Analysis & InsightSector turnover expected to rise by 30% above 2019
Operators across hospitality and leisure reported confidence in growth, albeit hampered by staffing challenges, according to Barclays’ UK Hospitality Challenges report
-
Analysis & InsightAverage price of main course up +10%
Main courses on branded restaurant menus rose in price by 10.1% between February and June, according to Lumina Intelligence’s Menu Tracker data
-
NewsOpenings of the week
MCA rounds up this week’s biggest openings and announcements, featuring new sites from Flight Club, Roxy Leisure, Bone Daddies, Incipio Group, and more
-
InterviewsFulham Shore: ‘Count the pennies and follow the money’
Executive chairman David Page spoke to MCA about turning the group from a net debt to a net cash position following the pandemic
-
NewsTrade bodies condemn delay in alcohol duty reform
UKHospitality and the BBPA both called for the new government to put reforms back on track to help the pub sector get back on its feet
-
NewsMitchells & Butlers’ sales driven by food
The pub business saw a decline in like-for-like drink sales since 2019, partially offset by a rise in food sales
-
NewsFulham Shore comes out strong post-pandemic
The Franco Manca and Real Greek operator reported a 20.6% increase in turnover compared to pre-pandemic, with a pipeline of over 120 restaurants
-
NewsPub operators amp up delivery and retention efforts
Leading pub operators discussed their views on the current trading landscape during a round table discussion at MCA’s Pub Conference
-
NewsBusiness confidence falls as inflation soars
Companies’ confidence in the economy has declined sharply as inflation rose to a fresh 40-year high
-
NewsAl fresco dining policy extended in London
The City of London Corporation will continue to offer free pavement licences to businesses until September 2023
-
NewsStar Pubs appoints central ops director
Caren Geering has replaced Neil Convery as the central operations director for Star Pubs & Bars
-
NewsInterest rates subject to further hikes
The central bank is likely to raise interest rates to 2% or higher in an attempt to control inflation
-
NewsJoseph Holt reports slow recovery
The independent pub and brewery operator reported sales are recovering since the pandemic but have yet to catch up to 2019 levels
-
NewsChancellor to repeal EU-era laws
In a speech at Mansion House today, chancellor Nadhim Zahawi will commit to reducing inflation and reforming financial services infrastructure
-
InterviewsRare Restaurants to expand Gaucho nationwide
The Gaucho and M restaurants operator has identified 36 potential locations for new Gaucho sites, CEO Martin Williams told MCA
-
InterviewsBenugo: ‘We're forecasting a good summer’
Commercial director Shane Kavanagh spoke to MCA about evolving the offer and focusing on performing arts venues as the primary arena for growth