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All articles by Shwetali Sapte – Page 58
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NewsPapa Johns appoints Todd Penegor as CEO
Penegor, mot recently president and CEO at Wendy’s, has over 20 years of experience in the restaurant and consumer goods industries
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NewsPunch Pubs: All divisions remain in growth
The Leased and Tenanted, Management Partnership, and Laine divisions all delivered like-for-like growth, with total revenue amounting to £241.5m
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NewsTonkotsu sees like-for-likes up 11%
The ramen bar concept reported turnover of £13.8m in 2023, up from £11.9m in 2022, for its nearly 18 sites as it continues to launch in new cities
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NewsEdinburgh hospitality set for 30% sales uplift
Almost 250,000 people attended the Fringe and other festivals last year, which helped deliver a 30% increase in average daily sales for hospitality venues
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NewsContinued volume-driven growth for XP Factory
The Boom Battle Bar and Escape Hunt operator has seen continued positive growth across both brands in Q1 FY25
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NewsHospitality welcomes reduction in interest rates
The Bank of England’s decision will help businesses return to investing in growth and pay back Covid debt, according to UKHospitality
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NewsJKS Restaurants strengthens retail business team
Nihal Haria-Shah has been appointed finance director, with David Furze as operations director and Deepa Bulsara as marketing director for Gymkhana Fine Foods
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NewsWendy’s ‘holds steady’ in Q2
The QSR chain reported systemwide sales growth of 8.3% in its International segment as it looks to use the UK as a foothold for further expansion across Europe
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NewsETM Group and Maven come together to launch ETM Collection
This unified approach will allow the group to leverage collective strengths, offering guests a diverse and cohesive experience across restaurants
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NewsWelcome Break reports successful year
During the peak trading period in 2023, many sites and units broke weekly trading records, delivering an excellent summer for the motorway service area operator
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NewsWingstop performing “extremely well” in UK
Global CEO Michael Skipworth said he’s excited about opportunities in international markets, with the aim of scaling to over 10,000 units worldwide
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NewsStonegate agrees debt refinancing
As part of the deal, funds managed by TDR Capital will make a c£250m shareholder contribution, “demonstrating their continued support and confidence in the future of the business and the Great British Pub”
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NewsYum! Brands to roll out voice AI
The KFC and Taco Bell operator plans to bring the tech to its brands’ drive-thrus around the world, as its digital business has more than doubled since 2019
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NewsMarston’s completes disposal of stake in Carlsberg JV
The pub group announced on 8 July 2024 that it will sell its stake for £206m in cash to a subsidiary of Carlsberg
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InterviewsArchie’s looks to expand across the UK
The Manchester-based American-style diner chain is eyeing up sites in London, Edinburgh, Glasgow, and Newcastle, the founders tell MCA
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InterviewsEvening day part boosts Greggs sales
Evenings are becoming more and more important for the retailer, with menu innovation such as the expanded pizza offer providing a boost, according to CEO Roisin Currie
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NewsUber Eats launches healthy eating pilot
The pilot will involve six Birmingham restaurants - which have worked with the British Nutrition Foundation - to develop healthier alternatives to popular menu items
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NewsMcDonald’s sees global comparable sales drop
The 1% decline was driven by negative comparable sales across all three segments in Q2 2024, reflecting a drop in demand in China and the impact of the Middle East war
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NewsParogon Group looks to further growth
The Staffordshire-based pub and restaurant operator reported total sales of £24m in FY24, a 10.9% increase compared to 2023
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NewsNew ops director at Popeyes
Gwion Iwan, formerly of Prezzo, Punch, and Whitbread, has been appointed operations director as the chicken concept looks to 40-50 openings per year