All articles by Shwetali Sapte – Page 39
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NewsWhitbread restaurants report slow first quarter
The Beefeater and Brewers Fayre operator reported strong breakfast sales driven by high occupancy in hotels, but offset by softer trading in branded restaurants
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InterviewsMcMullen’s: ‘The year is going incredibly well’
Halfway through 2024, the pub operator is seeing the volume growth it wants to see - off the back of breaking the £100m sales milestone in 2023, MD Heydon Mizon tells MCA
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NewsLane7 gears up for international debut
The 13-strong experiential concept, which is targeting 50 sites in the UK, will launch one site in Berlin and two in Dublin later this year
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Analysis & InsightColliers criticises ‘lacklustre’ manifestos over business rates
The Conservatives’ proposal does not mention tackling the multiplier or relief system, while Labour displays a ‘frustrating’ lack of clarity, according to John Webber, head of business rates
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NewsRed Engine partners with Loyola Group
The partnership will see the Flight Club and Electric Shuffle operator introduce its social darts concept to Ireland, beginning with a Dublin launch by early 2025
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NewsRevolution to proceed with restructuring plan
All resolutions were passed at the group’s general meeting on Friday, with Revolution now seeking the sanction of its restructuring plan
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring The River Cafe, Humble Crumble, Shoryu Ramen, Mr Porter, and more
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InterviewsFuller’s: ‘Going to the pub is still good value for money’
The return of people to the office has helped drive a double-digit uptick in like-for-like sales - alongside extensive work on menu development and investments into the estate, CEO Simon Emeny tells MCA
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NewsLabour pledges to replace business rates system
In its manifesto revealed yesterday, the party said the current system “disincentivises investment, creates uncertainty, and places an undue burden” on high streets
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NewsCornish Bakery secures new funding
The bakery chain, which has more than 60 sites, has secured funding from Virgin Money to support its ambition to double the size of the business
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Analysis & InsightBrunning & Price named top pub operator
The Restaurant Group’s pub division has topped CGA’s PubTrack rankings and is joined in the top five by St Austell, Hydes Anvil, Youngs, and Everards
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NewsFuller’s reports year of ‘excellent progress’
Revenue rose by 7% to £359.1m while like-for-like sales were up 11% in the year ended 30 March, with the pub operator also reporting continued proactive management of the estate to enhance shareholder value
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InterviewsJones the Grocer looks forward to ‘healthy future’ in UK market
The Australia-founded all-day dining brand is keen to grow the business in the UK as it launches its first site in Europe in partnership with TRG Concessions, CEO Jon Knight tells MCA
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NewsConservatives pledge to ‘ease burden’ of business rates
The Tory manifesto pledged a £4.3bn rates support package to support high street, leisure and hospitality businesses, while increasing rates for online retail warehouses
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NewsBewiched lines up five openings for the year
The Midlands-based coffee chain opened its second drive-thru this week in Wellingborough, and will open in Northampton Grosvenor, Leamington Parade, and Bedford later this year
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NewsDelivery companies ‘killing local restaurants’
The Asian Catering Federation said its members face “exorbitant” commission charges “with a focus on prices rather than quality”
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NewsWhitbread workers threaten group with legal action
Workers from the Brewers Fayre, Beefeater, and Table Table brands have claimed poor consultation on planned job cuts and closures
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NewsUrban Pubs & Bars looks to double estate
Earlier this year, the group reported a 17% increase in like-for-like sales and a 60% rise in turnover to £52.2m as it looks to build on its momentum
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InterviewsSukho Group sees 7% like-for-like sales uplift
The Thai-inspired group believes there is potential to further roll out Gai Zaap, its new chicken shop concept, alongside a further two locations to be secured for Zaap Thai, MD Gerrard Marks tells MCA
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InterviewsSt Austell: ‘We’re looking for more iconic pubs’
Alongside the top line, the Southwest-based brewer and pub operator has grown market share - and remains on a ‘clear growth agenda’ with a focus on accommodation, CEO Kevin Georgel tells MCA