All articles by Shwetali Sapte – Page 6
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NewsContinue Arcades targets 80+ venues
The retro gaming concept has signed a deal to open its first 10 franchised units in the South of England
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NewsStarbucks ‘ahead of schedule’ on turnaround plan
The coffee giant reported its sixth consecutive quarter of same-store sales decline, albeit CEO Brian Niccol revealed plans to ”unleash a wave of innovation that fuels growth and elevates customer service”
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NewsWasabi retail business delivers ‘exceptional’ growth
The food to go concept, which operates 40 UK stores and 4 in the US, reported turnover of £126.9m for the 52 weeks ended December 2024
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InterviewsGreggs: ‘We’re not in control of the share price, we’re in control of the business’
CEO Roisin Currie defended the retailer’s slide in profits and drop in share price, saying Greggs has increased its “robust” market share despite the slowdown
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NewsChocoberry outlines plans for 50 sites and beyond
The dessert café concept announced 53% revenue growth in H1 and is also doing “fantastic” in terms of like-for-like sales growth, UK general manager Ameer Nurmahomed tells MCA
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NewsCaffè Nero: ‘Our model is paying off’
The Nero Group delivered 8% sales growth for its UK estate between 1 March and 31 May, supported by the successful launch of its summer iced drinks menu
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NewsDavid Page in talks to raise £10m for Tasty
The placing would see Tasty renamed Bow Street Group, while the former Fulham Shore boss would take on the role of executive chairman at the London-listed Wildwood and dim t operator
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NewsGail’s yet to reach saturation point
CEO Tom Molnar said he has considered international expansion, but is yet to pull the trigger because the premium bakery chain has a long way to go in the UK
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NewsHospitality welcomes proposals to cut red tape
UKHospitality chair Kate Nicholls called for long-term plan to boost high streets and hospitality that sees both a reduction in red tape and business rates, expected in the upcoming Budget
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NewsLane7 consolidates ahead of further expansion
The competitive socialising concept sees a healthy pipeline for future opportunities across the UK, Ireland, and Germany
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NewsWelcome Break reports ‘very successful’ year
The motorway service area operator saw a record performance in terms of EBITDA profitability, followed by strong momentum in the beginning of 2025
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NewsMegan’s grows revenue by 13%
The 21-strong neighbourhood restaurant group exited its Clapham Common site and is actively seeking to exit another, but said it remains committed to “disciplined, selective” expansion
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InterviewsWetherspoon: ‘We haven’t reduced opening or staff hours’
The pubco is trying to be “as efficient as possible” to cope with labour costs, but endeavours to draw in customers with “good service”, chairman Tim Martin tells MCA
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NewsSt Austell appoints Don Davis as CFO
Formerly of Hush, ASOS, and Homebase, Davis brings 30 years of retail experience and will replace current CFO Colin Stratton in August
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InterviewsAuntie Anne’s: ‘We certainly see scope for 150’
The pretzel concept is on target to reach 50 UK sites by the end of the year, and is seeking to become a household name in the longer term, MD Max Burton tells MCA
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Analysis & InsightDestination drinks capitalise on flourishing demand for spice
Brands are serving up chilli-infused drinks innovation, such as Wingstop’s mango habanero milkshake, KFC’s spicy mango lemonade, and Wagamama’s no-alcohol spicy saffron picante
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Analysis & InsightScale, financial discipline shelter Wetherspoon from cost pressures
The pubco’s margin estimates remain unchanged, implying it is coping with higher labour costs despite its value proposition, according to analysts
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NewsFelipe Athayde joins Pret as president, North America
Athayde will help take the business forward in its next stage of growth, building on the brand’s 65-strong estate in North America
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NewsSubway appoints new CEO
Jonathan Fitzpatrick, previously of Burger King and Driven Brands, joins the sandwich giant with more than two decades of franchising and QSR experience
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NewsMarston’s on track for strong Q4
The pub group anticipates strong trading, supported by a pipeline of demand-driving events, the rollout of order & pay, and ongoing revenue management initiatives