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All articles by Shwetali Sapte – Page 46
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InterviewsMitchells & Butlers toasts strong start to FY25
The group is cautiously optimistic amid the festive trading period, and will make pricing decisions to mitigate the impact of the Budget in the new year, CEO Phil Urban tells MCA
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NewsGail’s turnover rises to £179m
The premium bakery chain increased turnover by 32%, and has budgeted 35 new openings for the current financial year as it continues to build its presence outside the Southeast
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NewsGroucho Club has licence suspended
The Soho private members club has been forced to temporarily close following reports of a ’serious criminal offence’ at the venue
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NewsJust Eat to delist from London Stock Exchange
The food delivery group seeks to reduce the administrative burden, complexity, and costs associated with maintaining its London listing, also citing low liquidity and trading volumes
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NewsMitchells & Butlers grows sales to £2.6bn
The pub and restaurant operator also achieved like-for-like growth of 5.3% in FY24 - a strong period of cash generation - while turning a profit of £199m
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NewsDave’s Hot Chicken to launch on Shaftesbury Avenue
The Nashville-style chicken chain, brought to the UK by Azzurri Group, will open on 7 December - but is yet to confirm whether its infamous Carolina Reaper chicken will be offered
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NewsSanto Remedio explores new taquería concept
The Mexican restaurant group hopes to launch a taquería concept in the future, with plans to explore a fundraise next year, MCA’s Restaurant Conference heard
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InterviewsAnglian Country Inns: ‘We still have opportunities to grow’
The existing estate still has capacity to grow, albeit the group is intent on mitigating the impact of the Budget, MD James Nye tells MCA
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InterviewsJeremy King: ‘We’ll spend £10m to make it look like we’ve done nothing’
As he prepares to relaunch Simpsons on the Strand, the veteran restaurateur speaks to MCA’s Restaurant Conference about his comeback to London’s hospitality scene and balancing the old with the new
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Analysis & InsightQuality and health return to consumer agenda
Value scrutiny has levelled off in consumer attitudes while ingredient quality and healthy options become growing factors, according to Lumina Intelligence
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NewsCosta initiates 24-hour trading trial
The coffee chain has launched a 24-hour trading trial at its drive-thru store in Leicester Meridien East, with potential for further rollout
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Analysis & InsightFive Guys’ John Eckbert on building a people-driven business at scale
Speaking at MCA’s Restaurant Conference, Eckbert reflected on Five Guys’ journey over the past decade as it approaches the 170-site mark
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Analysis & InsightRestaurant market growth forecast to lag pubs and fast food
The UK restaurant market is forecast to grow by 1.3% in 2024 to reach a value of £19bn – lagging behind the total eating out market’s growth rate of 2.6%, according to Lumina Intelligence’s new Restaurant Market Report
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NewsMark McCulloch joins Prezzo
The Italian restaurant group has appointed McCulloch as chief marketing officer, as it seeks to enhance customer experiences, refresh its brand identity, and attract new customer groups
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NewsManeki Ramen launches crowdfunding campaign
The ramen specialist, part of the ART Hospitality group, has begun crowdfunding ahead of the launch of its second site in Birmingham
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Analysis & InsightVolatile food pricing expected through early 2025
Hospitality businesses need to prepare for a challenging winter, with product areas such as beef, lamb, potatoes, and salads under pressure, Lynx Purchasing has warned
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NewsBob & Berts achieves £21.5m turnover
Turnover increased from £19.6m the previous year, as the coffee shop chain continued its expansion across the UK and Northern Ireland
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NewsAnglian Country Inns reports 14% sales uplift
Sales rose to £20.6m in FY24 due to both increased footfall and spend per head, while the business revealed it will open a new bakery in early 2025
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NewsBudget could force pubs to push up prices, BBPA warns
New figures show that the Budget’s cumulative impact means, at a conservative estimate, a £500m increase to the cost of doing business for the industry
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Analysis & InsightLeon’s festive offer takes note from seasons past
Head of food Erica Molyneaux tells MCA the brand has learned from unexpected hits and misses over the years, and is now staying true to its mission of nutritious, convenient, fast food