All articles by Shwetali Sapte – Page 37
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News
Wingstop shakes up senior leadership team
Chris Sherriff has been promoted to co-CEO as the brand announces a like-for-like sales uplift of over 50% in Q1 2024, with its estate expected to soon surpass 50 sites
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News
PizzaExpress to launch new concept
The first ‘PizzaExpress Pod’ will open at the Tesco Extra store in Bursledon, Southampton, MCA understands
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Interviews
Deliveroo’s Carlo Mocci on driving consumer loyalty
The chief business officer speaks to MCA about new programmes, consumer behaviour and insights, and responding to a heightened focus on value
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News
Benugo achieves highest ever turnover
The operator of café delis and restaurants reported £123.5m in turnover for 2023, the highest in its 25-year history
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Interviews
Little Door & Co: ‘The possibilities are endless’
Co-founder and MD Jamie Hazeel discussed the house party-inspired bar concept’s journey and success at MCA’s Pub Conference
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News
Nero Group posts record sales
The coffee shop operator reported sales of £544m in its 2024 financial year, with like-for-like sales growth of 8.4%
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Interviews
How pubs are balancing profitability, people and planet
Operational emissions are the main focus for Fuller’s as the pub company aims to reach its net zero target, director of sustainability Ollie Rosevear told MCA’s Pub Conference
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News
James Williams to launch new London restaurant
The former head of finance at Tortilla will relaunch his modern izakaya concept, Apothecary East, next year
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News
Bistrot Pierre invests in ‘brighter future’
The French casual dining group has undertaken a brand review while rolling out a new concept, significantly improving future EBITDA
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News
Chestnut Group acquires wine specialist Bijou
This acquisition marks a step forward for the East Anglia-based operator and allows Chestnut to cater for much of region’s independent wine demand
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Analysis & Insight
‘Big day out’ missions drive spend for retail and leisure venues
Vendors have experienced an 11.5% drop in footfall since 2019; however, the amount spent by customers has climbed 29%
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News
In pictures: Wingstop UK’s largest site to date
The wing concept has opened a 5,000 sq ft restaurant at London’s Westfield Stratford City, marking a key milestone as it looks to open its 50th site this summer
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Interviews
Drake & Morgan on a creative approach to sustainability
Turning food waste into new products and keeping employees engaged has benefited the bottom line, according to director Graham Hall
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Analysis & Insight
AlixPartners: ‘The pub customer has proven resilient’
Customers have cut back on visits to restaurants but have maintained their frequency on visits to pubs, albeit by economising on spend, according to Graeme Smith, MD of the financial advisory firm
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Interviews
Stonegate: ‘We have momentum despite everything thrown at us’
CEO David McDowall discusses the shared culture of “restlessness and curiosity” between Stonegate and BrewDog, and the ability to move at pace despite scale
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News
Market Taverns further strengthens board
Nigel Parson, currently consultant analyst at Cavendish, has been appointed as a director for the pub group, following the recent appointment of Suzanne Baker
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News
Island Poke sold in pre-pack administration
The chain’s trading performance undermined the viability of the CVA put forth to creditors, resulting in a sale, according to Begbies Traynor
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Interviews
David McDowall: ‘Craft Union is a jewel in the Stonegate crown’
The Stonegate CEO discussed the group’s data-led strategy, the beauty in the simplicity of the Craft Union model, and his confidence in the business achieving its balance sheet goals at MCA’s Pub conference yesterday
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News
Doordash approaches Deliveroo for takeover
Reuters reports the San Francisco-based food delivery group flagged an interest in a takeover, but talks ended after disagreement on valuation
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News
Hawksmoor unveils new Chicago restaurant
The opening this week is a key step in the steak restaurant group’s international expansion plans, as it remains on target to clear £100m in sales this year