All articles by Shwetali Sapte – Page 11
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News
NIC changes contribute to more than 100,000 job losses
The damaging impact necessitates an urgent review and reversal of the increases, UKHospitality has said
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News
Mowgli strengthens leadership team
The TriSpan-backed Indian restaurant group has appointed Tom Hatcher as business development director and Emily Weston as marketing director
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News
Insomnia Cookies to scale to 1,800 openings per year
Krispy Kreme has sold its remaining stake in the late night cookie concept to Mistral Equity Partners and Verlinvest, in a transaction which will accelerate Insomnia’s growth
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News
Robust trading and estate management drives returns for Fuller’s
The pub company achieved like-for-like growth across food, drink, and accommodation, and further announced Simon Emeny will become executive chairman next month
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Interviews
Joe & the Juice: ‘It’s still only the beginning for us in the UK’
CEO Thomas Nørøxe tells MCA the food to go chain continues to see potential for up to 500 sites in the UK alone, with growth to be found across new day parts, formats, and occasions
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Analysis & Insight
Warmest spring on record sparks surge in eating and drinking out
Pubs and bars were the biggest winners, while QSR overtook coffee and sandwich shops to hold the biggest share of all eating out occasions
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Interviews
The Athenian looks to double bricks-and-mortar estate
The Greek concept operates more than 100 delivery kitchens, but seeks to increase brand visibility by opening 5-10 new sites over the next 12 months, founder Tim Vasilakis tells MCA
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News
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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News
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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Analysis & Insight
Growth in discretionary purchases outpaces essential spend
The overall hospitality and leisure sector has remained in positive growth since 2021, according to Barclays’ 10 Years of Spend report
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News
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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News
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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News
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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News
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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Analysis & Insight
Recession indicator? How the humble spud made its way to the high street
As KFC launches a limited edition jacket potato this week, and Subway reports “exceptional” demand for its new ‘Spudway’ range, MCA explores this new intersection where comfort food meets customisation
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News
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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News
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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News
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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News
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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Analysis & Insight
Wagamama drops fresh new summer menu
The new range is designed to cater to a variety of dining needs, and centred on eating out trends including personalisation, freshness, and health