All articles by Shwetali Sapte – Page 62
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NewsIn pictures: Stonegate introduces Social Pub & Kitchen rebrand
The newly transformed pubs feature a focus on live sport, premium drinks, and experiences like bottomless brunch
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NewsInception Group delivers record revenue
The Mr Fogg’s and Cahoots operator achieved a 16.7% rise in revenue to £26.5m in 2023, while forecasts for 2024 suggest a record-breaking year, with projected revenues of £29m
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NewsSSP UK delivers 9% LFL growth
Overall sales increased by 12%, driven by high demand in the air sector, a lower level of disruption in rail, and strong operational execution throughout the peak summer period
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NewsIn pictures: Wagamama’s new trend-led menu
Part of the new ‘no one way to wagamama’ campaign, the pan-Asian casual dining operator is looking to position itself as a ‘versatile eating house for every occasion’
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NewsGBK increases turnover to £96.2m
The Boparan Restaurant Group-owned burger chain increased turnover from £49.5m in 2022, after transferring a number of Slim Chickens and Carluccio’s branded sites from other parts of the group
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InterviewsShepherd Neame: ‘The focus is on investing internally’
The Kent-based brewer and pub operator has experienced more encouraging trading conditions in recent months, and will remain selective with acquisitions, CEO Jonathan Neame tells MCA
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Analysis & InsightThe value of brand partnerships
From Heinz’s collaborations with GDK and Morley’s, Papa Johns x Tabasco to PizzaExpress’ tie-up with Schwartz, MCA explores the emerging trend for brand partnerships, and the potential for increased brand visibility, customer engagement and mutual growth
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NewsJames Croft joins Punch Pubs
The co-founder of Valiant Pub Company, who also spent 18 years with Ei Group, has joined Punch as group strategy & commercial director
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Analysis & InsightDeliveroo unveils vision for the future
A focus on personalisation, integration, and a user-led experience will lead the outlook for the delivery platform, alongside more social elements and health-led trends
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NewsTurnover surges at Blank Street
The New York-founded coffee shop chain, which launched in the UK in 2022, has reported a 517% turnover uplift to £11.4m in 2023
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NewsOle & Steen delivers 25% rise in turnover
The bakery chain, which operates c26 stores in the UK, reported £34.8m in turnover in 2023, attributed to both new stores and organic growth from the existing portfolio
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NewsGreggs continues to extend reach
The retailer continues to expand its estate, with growth supported by menu development, investment into supply chain capacity, and extended trading hours and new digital channels
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NewsPermanently Unique announces next phase of growth
The TATTU operator will debut its Fenix and Louis brands in London along with its first international location in Dubai, with a new £15m credit facility secured to fund expansion
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NewsBurger & Lobster achieves sales uplift
The London-based restaurant group’s nine-strong portfolio has delivered 4% sales growth in 2023, with the refurbishment programme driving results
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InterviewsPho gears up to reach 65-site milestone
CEO Patrick Marrinan speaks to MCA about leveraging the brand’s success across formats and geographies as the TriSpan-backed Vietnamese restaurant group makes its mark across the UK
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NewsClive Schlee to take helm at itsu
Schlee, former CEO of Pret a Manger, replaces Jason Cotta, who will leave itsu to take up another position later this year
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NewsSwingers completes $10m growth capital raise
The experiential concept has seen success from its venues in New York and Washington DC, with upcoming locations in Las Vegas, Dubai, and Boston as it endeavours to reach a 15-strong estate by 2026
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring Arc Inspirations, Young’s, Ottolenghi, and more
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NewsOff-trade delivers results for Adnams
The brewer reported turnover of £31.9m in its interim results, with growth across all channels except for the free trade business
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NewsDiageo ‘well positioned’ to outperform market
CEO Debra Crew said that while consumers continue to be cautious in a challenging global environment, the drinks giant is focused on becoming a more resilient business