All articles by Shwetali Sapte – Page 26
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Analysis & InsightPubs deliver 4.9% growth in July
Pubs were hospitality’s strongest performing segment due to the 2024 Euros, while restaurants and bars saw steep declines, according to the CGA RSM tracker
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NewsWingstop UK celebrates 50-site milestone
Following the opening of its 50th site today in Bolton, the group has confirmed at least six further locations planned for the remainder of 2024
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NewsSubway convenes ‘emergency’ meeting with franchisees
Subway reportedly called a virtual conference with its North American franchisees last week amid concerns over declining sales and profitability
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Analysis & InsightHospitality job vacancies record 4.6% drop
Adzuna reports the number of job advertisements in Britain rose 1.1% in July, but dropped in sectors including hospitality and travel
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Analysis & InsightHospitality returns to outlet growth
The sector recorded its first quarter-on-quarter growth in outlets in two years, with a 0.5% increase in licensed premises between March and June 2024, according to CGA and AlixPartners
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InterviewsBistrot Pierre: ‘We have a great future ahead'
The French restaurant group’s new all-day concept has been well received, along with a return to profitability in FY24, CFO Samantha Gordon tells MCA
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NewsImprovement ‘across the board’ for Soho House
CEO Andrew Carnie said the group has seen consistent trends across all major geographies, with average spend per member improving in Q2
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NewsIn pictures: Hawksmoor Chicago
Hawksmoor has unveiled the renovation behind its latest opening on 27 June at the former LaSalle Street Cable Car Powerhouse in Chicago
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NewsKrispy Kreme: UK performance ‘not up to expectations’
The doughut brand is consolidating three sites, upgrading its core and speciality range, and launching secondary displays in convenience stores to improve profitability
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring Kricket, Kerb, Jerk Junction and more
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NewsPapa Johns restructure yields results
The pizza group closed 43 underperforming restaurants and refranchised a further 60 stores, and expects the UK market to be profit-accretive based on “these actions and continued operating success”
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InterviewsProfessionals at Play looks to untapped family market
The group formerly known as Roxy Leisure believes the potential for family-focused experiential offers is ‘huge’, COO Colin Sadler tells MCA
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InterviewsPizza Hut: ‘People change and so must we’
Following a recent brand reset, UK MD Nicolas Burquier speaks to MCA about avoiding complacency, catering to changing customer needs, and withstanding the test of time
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NewsOptimum Group sourcing new Costa sites
The Costa, Kaspa’s, and I am Doner franchisee is planning further openings for its coffee and doner businesses
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NewsDomino’s like-for-likes forecast to move into positive territory
This is expected to be driven by the collaboration with Uber Eats, the £4 lunch menu, faster deliveries, and growth in active app users, according to Peel Hunt
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NewsThe Breakfast Club: ‘Performance bodes well for future expansion’
The group reported £17.8m revenue for FY24, with four new openings and double-digit like-for-like growth in central London
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NewsKFC UK reports sales drop
Parent company Yum! Brands recorded a 3% decline in system sales growth for KFC UK in Q2 2024
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NewsTortilla launches first ever app
Burrito Society will allow customers to collect stamps, unlock rewards, and order ahead at all company-owned sites
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NewsRoxy Leisure rebrands to Professionals at Play
The experiential operator has brought together its concepts under one brand, while also announcing a management restructure and new concept Star Pins
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Analysis & InsightHospitality and leisure continue to benefit from summer of sport
Pubs and bars saw a 4.9% uplift in July, with transactions tripling on the day of the Euros final, according to Barclaycard