All articles by Shwetali Sapte – Page 27
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NewsKFC UK delivers 4% increase in turnover
Turnover rose to £294m in 2023 as the QSR giant pushes forward with expansion to reach the 1,500-site mark in the UK
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NewsLoungers continues to outperform market
The all-day café/bar/restaurant operator delivered like-for-like sales growth of 4.7% in the 24 weeks ended 6 October, along with £178.3m in revenue
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NewsPopeyes rollout uplifts revenue to £58m
The business increased its number of sites from 17 to 38 in 2023, and aims to reach the 70-site mark by the end of 2024, supported by investment from TDR Capital
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Analysis & InsightCost-conscious consumers continue to cut spend
Pubs, bars, and clubs saw limited year-on-year growth at 0.6% in September 2024, down from 3.2% in August, while restaurants fared better at 1.4%, according to Barclaycard
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Analysis & InsightDishoom’s new menu is a strong mass market offer
Fourteen years since it was founded, Dishoom has a well-earned position as a leader in Indian cuisine in the UK, introducing the British palate to flavours that go beyond the curryhouses of old. As it shifts its influence further to northern India, the offering shows a maturing group favouring comfort and broad appeal over risk-taking
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NewsBreal Capital and Calveton acquire TGI Fridays
The deal involves 51 restaurants and will secure the future of more than 2,000 jobs, and will see TGI Fridays continue to operate across the UK, with the group hopeful it may be able to secure further locations following discussions with the landlords
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InterviewsFat Hippo sees double-digit growth
The Newcastle-founded better burger brand is becoming more established in cities nationwide, with locations in Leeds, Manchester, and Bristol in the pipeline, director Nick Fountain tells MCA
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InterviewsPizzaExpress to be more 'nimble and agile' with formats
The group sees “lots of whitespace” to continue growing the brand in the UK and will become more creative in its approach to formats, amid an expansion push to reach 1,000 restaurants globally by 2030, CEO Paula Mackenzie tells MCA
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NewsIn pictures: Stonegate introduces Social Pub & Kitchen rebrand
The newly transformed pubs feature a focus on live sport, premium drinks, and experiences like bottomless brunch
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NewsInception Group delivers record revenue
The Mr Fogg’s and Cahoots operator achieved a 16.7% rise in revenue to £26.5m in 2023, while forecasts for 2024 suggest a record-breaking year, with projected revenues of £29m
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NewsIn pictures: Wagamama’s new trend-led menu
Part of the new ‘no one way to wagamama’ campaign, the pan-Asian casual dining operator is looking to position itself as a ‘versatile eating house for every occasion’
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NewsSSP UK delivers 9% LFL growth
Overall sales increased by 12%, driven by high demand in the air sector, a lower level of disruption in rail, and strong operational execution throughout the peak summer period
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InterviewsShepherd Neame: ‘The focus is on investing internally’
The Kent-based brewer and pub operator has experienced more encouraging trading conditions in recent months, and will remain selective with acquisitions, CEO Jonathan Neame tells MCA
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NewsGBK increases turnover to £96.2m
The Boparan Restaurant Group-owned burger chain increased turnover from £49.5m in 2022, after transferring a number of Slim Chickens and Carluccio’s branded sites from other parts of the group
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Analysis & InsightThe value of brand partnerships
From Heinz’s collaborations with GDK and Morley’s, Papa Johns x Tabasco to PizzaExpress’ tie-up with Schwartz, MCA explores the emerging trend for brand partnerships, and the potential for increased brand visibility, customer engagement and mutual growth
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Analysis & InsightDeliveroo unveils vision for the future
A focus on personalisation, integration, and a user-led experience will lead the outlook for the delivery platform, alongside more social elements and health-led trends
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NewsJames Croft joins Punch Pubs
The co-founder of Valiant Pub Company, who also spent 18 years with Ei Group, has joined Punch as group strategy & commercial director
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NewsTurnover surges at Blank Street
The New York-founded coffee shop chain, which launched in the UK in 2022, has reported a 517% turnover uplift to £11.4m in 2023
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NewsOle & Steen delivers 25% rise in turnover
The bakery chain, which operates c26 stores in the UK, reported £34.8m in turnover in 2023, attributed to both new stores and organic growth from the existing portfolio
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NewsGreggs continues to extend reach
The retailer continues to expand its estate, with growth supported by menu development, investment into supply chain capacity, and extended trading hours and new digital channels