All articles by Shwetali Sapte – Page 41
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News
Membership waitlist at all-time high, reports Soho House
The members club group has reported losses of $118m (£92.5m) for 2023, and said it had undertaken an independent review of its accounting practices to ”counter misleading claims”
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News
McDonald’s trialling bigger burgers
The fast food giant sees significant opportunity to roll out ‘more satiating’ burgers to its menu, according to CFO Ian Borden
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News
New operations director at Craft Union
Lucy Barker joins Stonegate’s operator-led business from her role as ops director for Punch Pubs & Co
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News
Big Fang Collective to launch new in-house concepts
In-house pizza joint Nothing Cheezy and gaming hub Big Fang Arcade will launch next week to enhance the offering at Golf Fang Sheffield
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News
Deliveroo sees ‘improving’ growth trends in UK
Founder and CEO Will Shu said the platform has expanded its selection for customers but simultaneously reduced order duration with “little wins through tech”
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News
Incipio Group appoints chairman
Ian Edward has served as a non-executive director for the London bar group since 2022, and was previously co-founder of Hippo Inns and a founding investor of Pizza Pilgrims
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News
Operational progress drives growth for Deliveroo
The delivery company reported a ‘resilient year of growth given macroeconomic conditions,’ with gross profit up 13% and revenue and gross transaction value up 3%
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Interviews
Taco Bell: ‘We’re still early in our growth journey’
Taco Bell is keen to expand further in the UK and sees strong appetite for the brand and for Mexican-inspired cuisine across Europe, according to general manager Ian Cranna
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Analysis & Insight
Hospitality sees modest growth in February
Like-for-like sales growth stood at 1.4%, up from marginal growth of 0.1% in January but continuing a slow start to the year, according to the CGA RSM tracker
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Interviews
Domino’s: ‘We’re going after a day part we haven’t done before’
CEO Andrew Rennie explans how the pizza group is focussing on expanding its lunchtime business with a £4 lunch deal
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News
Blacklock lines up regional debut in Manchester
The chophouse group will open its first restaurant outside London and seventh overall this autumn
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News
Wells & Co sees growth despite challenges
The pub operator reported sales of £62m in FY23, with accommodation up 25% across the group and further site acquisitions in France planned for FY24
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News
Domino’s UK and Ireland aims for 2000
The pizza giant reported £1.5bn in sales for FY23 and will acquire Shorecal - its largest franchisee in Ireland - as it looks to reach £2.5bn sales and the 2,000-site mark in 2033
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News
Pret: ‘We’re making sure we’re where our customers want us to be’
The chain has made “great progress” on its plan to double the size of the business, aided by its franchising approach, according to UK shops & franchise director Guy Meakin
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News
Stick’n’Sushi goes exclusive with Deliveroo
The Denmark-founded Japanese-inspired restaurant group, which was recently acquired by McWin, will make its 14 UK sites exclusively available on the delivery platform
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News
In pictures: The Alchemist Victoria
The cocktail bar group has partnered with DesignLSM for its new immersive venue, paying homage to cosmic alchemy and the Victorian era of scientific discovery
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Interviews
Fireaway Pizza aims for 500
The 160-strong pizza chain will invest in building a more user-friendly customer platform, increasing delivery speed, and developing a loyalty scheme, founder Mario Aleppo told MCA’s Food to Go conference
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News
KFC appoints chief legal officer
Ella Smith, formerly of Uber, will serve as chief legal counsel on KFC UK & Ireland’s recently announced acquisition of 218 restaurants from EG Group
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Analysis & Insight
CACI: ‘Know who, what, when, and where your customers are’
Paul Langston, partner – Location Intelligence, shared insights into transaction trends and their impact on opening strategies at MCA’s Food to Go conference this week
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News
Spring Budget a ‘missed opportunity’ to support hospitality
Operators, suppliers, and trade bodies from the sector criticised the lack of long-term, meaningful support, in particular the failure to reduce VAT and reform the business rates system