All articles by Shwetali Sapte – Page 33
-
NewsBeds and Bars announces management changes
Luke Knowles is to replace CEO Keith Knowles, who will step up to executive chairman as managing director Murray Roberts retires after three decades with the pub, bar, and hostel operator
-
NewsCosta reaches £1.2bn revenue
The 2023 figure represented an increase of £105m (9%) from £1.1bn in 2022, with the coffee business continuing to invest in new stores, renewing existing sites, and proposition development
-
NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring Shake Shack, King Pins, Jamie Oliver Group, Bun House Disco, and more
-
NewsHouse of Lords report calls for ‘complete ban’ on junk food advertising
A 10-month inquiry has recommended measures such as taxes on junk food and a new law requiring large food companies to reduce the salt, sugar, and calories in their products
-
NewsWimpy UK revenue drops 17%
The sharp drop was caused by a decline in footfall, along with economic uncertainty, parent company Famous Brands reported in its interim results
-
NewsStonegate invests £1m into launching new beer hall concept
Rita’s Beerhall and Ballroom will open in Leeds city centre before Christmas, offering live music, entertainment, and all-day dancing seven days a week
-
NewsKnoops designed to ‘scale in parallel’ across markets
CEO William Gordon-Harris reflected on Knoops’ fundraise on CrowdCube, which closed 480% above its £1m target and will support the chocolate specialist in establishing an international presence
-
NewsDishoom’s Brian Trollip promoted to CEO
Having joined the group in 2010 and serving as MD since 2020, Trollip will now overlook all aspects of the business, with co-founders Shamil and Kavi Thakrar continuing in their roles
-
Analysis & InsightTikTok: ‘When brands show up, it’s not advertising’
Brands should create content that entertains and adds value rather than disrupts the social media user experience, Rameez Al Aghbar, QSR lead at TikTok, told MCA’s Hostech
-
NewsTGI Fridays Inc seeking new financing
The American business is preparing to file for bankruptcy protection in the coming weeks, according to Bloomberg
-
NewsNew head of acquisitions at Bill’s
Raj Manek, who has worked in property roles at Cornish Bakery, Various Eateries, and Loungers, joins Bill’s as the group returns to the expansion trail
-
NewsThe Revel Collective looks ahead to improved trading
The Revolution and Peach Pubs operator reported sales of £149.5m in FY24, with an improved performance since year end due to the return of students and early bookings for the festive period
-
NewsBig Mamma achieves £40m turnover
The French-founded Italian restaurant group said its five London locations all exceeded expectations, with plans for another three UK sites in the pipeline
-
NewsImbiba to open new Canary Wharf venue
The 65,000 sq ft hotel, restaurant, and music venue at 12 Bank Street, opening next year, will house some of the brands from the specialist investor’s portfolio
-
Analysis & InsightSpend growth on eating out ‘well ahead of inflation’
Lumina’s latest Eating and Drinking Out Panel snapshot reflects a stronger market performance as well as shifts to higher spend channels and day parts
-
NewsRosa’s Thai departs Deliveroo
Offering delivery through Uber Eats and Just Eat will allow Rosa’s to reach more customers from its 42 sites across the UK, according to the restaurant group
-
Analysis & InsightDeliveroo: ‘The foundation is trust’
The delivery company shares new insights into how it is harnessing customer data as well as opportunities for restaurant partners to build loyalty on the platform
-
NewsETM Group appoints new COO
Michael Farquhar brings over two decades of experience in hospitality, including roles at Ottolenghi Group, D&D London, and Intercontinental Hotels
-
NewsToca raises $100m in Series F funding
The football-themed experiential concept plans to open additional Toca Social venues in the UK and beyond, with investors including Harry Kane
-
NewsDishoom: ‘Growth is secondary’
Co-founder Shamil Thakrar speaks to MCA about looking across the pond for expansion, overhauling the offer, and why hospitality will always come first