All articles by Shwetali Sapte – Page 15
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News
Wendy’s reports sales dip, updates full-year outlook
The American QSR chain is the latest to report a sales decline due to economic uncertainty, and has changed expectations to reflect the challenging consumer environment
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Interviews
Prezzo Italian: ‘We’re on a journey to invest’
Less than nine months into James Brown’s tenure, the casual dining group has unveiled a new brand identity, menu, and vision to create one of the industry’s most agile and dynamic businesses, he tells MCA
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News
Prezzo Italian revitalises brand with new identity
The Italian restaurant group has unveiled a new brand identity, refreshed F&B offering, and a refurbishment programme, designed to differentiate the concept in the UK market
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News
Mowgli remains committed to further investment
The Indian restaurant chain - now part of the Arcturus Group with Rosa’s Thai and Pho - grew sales by 31% to reach £40.5m
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News
Wingstop: UK acquisition demonstrates ‘industry-leading returns’
The global business is seeking similar investments, having reinvested $75.4m into the newly formed entity after Sixth Street’s acquisition of Wingstop UK
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News
Greene King delivers revenue growth across all four divisions
Group revenue increased by 3.2%, with the pub operator attributing the performance to record Christmas bookings and strong demand from events such as the 2024 Men’s Euros
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News
Starbucks Q2 results ‘far from potential’
The coffee giant saw global comparable sales continue to decline, albeit CEO Brian Niccol reiterated the ‘Back to Starbucks’ plan is the right strategy to turn the business around
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News
Poolhouse hires Rachel Masing as people director
Masing joins the social entertainment content after more than six years with ETM Group, as Poolhouse gears up to launch its debut site later this year
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News
Young’s delivers strong performance against challenging backdrop
Total managed revenue was up 25.4% in FY25, with CEO Simon Dodd crediting the strength and resilience of the premium estate
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News
Lucky Voice for Business reports strong like-for-likes
The karaoke concept has seen a 31% rise in like-for-like revenue contributed by its B2B arm over the past 12 months
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News
PizzaExpress upgrades loyalty scheme
The PizzaExpress Club will now offer guests instant rewards for downloading the app, as well as the chance to progress through tiers more quickly
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News
Las Iguanas launches loyalty programme
The Iguana Club allows guests to collect stamps and unlock rewards, including surprise giveaways, birthday treats, and exclusive offers
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News
Black Box Intelligence acquires Yumpingo
Black Box seeks to elevate its AI-driven restaurant performance solutions through the acquisition of the guest experience management and survey platform
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Analysis & Insight
Warm weather helps pubs outperform restaurants
Leading managed pub groups achieve 3.6% like-for-like growth in March, while restaurants slipped 5.7%, according to the CGA RSM Hospitality Business Tracker
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News
Costa pushes for further growth across formats
The coffee chain has renewed its focus on the high street, shopping centres, drive-thrus, and retail parks, while extending its partnership with real estate advisor Savills
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Analysis & Insight
Demand for premium spirits helps boost embattled late-night sector
Consumers continue to trade up to premium spirits and cocktails despite pressures on spending and a challenged late night segment. MCA explores how the bar sector is responding, and how suppliers are helping meet demand for elevated occasions
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Analysis & Insight
Stonegate’s Social Pub & Kitchen taps into Ed Sheeran’s fan base
The pub group has collaborated with the artist’s hot sauce brand, Tingly Ted, to refresh its menu and increase brand visibility
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News
Private equity firm True in talks to acquire stake in GDK
True’s proposed investment into the kebab chain is described as a “stellar valuation”, sources told Sky News, as GDK targets 300 UK sites by 2028
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Interviews
Boss Pizza lines up eight locations
The independent pizza delivery chain has confirmed 70 franchise partners to support its ambitions to grow to 50 sites across the UK, CEO Ajmal Mushtaq tells MCA
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News
Big Mamma Group achieves £44m sales from five venues
The group’s London restaurants - Gloria, Circolo Popolare, Ave Mario, Jacuzzi, and Carlotta - all performed ahead of expectations, with new concept Barbarella to open this June