All articles by Shwetali Sapte – Page 71
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News
Papa Johns faces headwinds
The 531-strong pizza chain reported turnover of £95m in 2022 and faced pressures on profitability as a result of the wider economic climate
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News
Netflix to open bricks-and-mortar locations
The company is planning to open a network of stores offering retail, dining, and live entertainment, with the first to open in the US, followed by major cities around the world
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News
Creams appoints new COO
Creams Café has appointed Oliver Rodbard as COO as the dessert restaurant chain embarks on the next stage of its national and international expansion
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News
Chipotle UK renews focus on building brand awareness
The fast casual Mexican chain reported revenue of £17.9m in 2022, with growth in the UK partially dependent on increasing sales and familiarity with the brand
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News
Costa Coffee returns to profit
The coffee chain has reported its 2022 financial results with turnover of £1.1bn, alongside a focus on its omnichannel strategy to create the ‘Total Coffee Company’ proposition and further build on its international foundations
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Interviews
Marston’s: ‘When customers come out, they’ll spend’
The pub operator is encouraged by customer resilience, and sees a higher degree of cost stability and visibility, CEO Andrew Andrea tells MCA
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News
Marston’s reports strong momentum
The 1,145-strong pub operator reported like-for-like sales up 10.1% vs FY2022, with strong sales across food and drink as momentum continues into the new financial year
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News
Yard Sale Pizza sees scope for 150 sites
The London-based neighbourhood pizza chain is seeing year-to-date like-for-like sales growth at over 15%, according to CEO Johnnie Tate
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News
Joseph Holt sees strong recovery
The Manchester-based brewer, which operates c125 pubs, reported turnover of £70m for the 2022 financial year
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Analysis & Insight
More consumers noticing dynamic pricing, research finds
Almost half of 2,000 consumers surveyed report being charged more for food and drink during busier times, according to Barclays
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News
Arcade Food Hall appoints FD
Alan Wong, formerly of Caprice Holdings and Hakkasan Group, has been appointed finance director for the food hall concept
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Interviews
Burger & Lobster looks to double estate
MD Dino Sura speaks to MCA about adding five to eight restaurants to the UK estate, driving dwell time and average spend, and keeping things fresh
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News
St Peter’s Brewery acquires Curious Brewery
One of the UK’s oldest craft brewers has acquired Kent-based Curious Brewery for an undisclosed sum
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News
Caprice Holdings announces return to profit
The Richard Caring-led restaurant group has reported financial results for the year to 1 January 2023, with a 71% increase in turnover to £74m
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News
Bill’s Restaurants in ‘better long-term position’
The all-day dining chain reported turnover of £104m in the year to January 2023, as a result of the strategy to focus on its core profitable sites
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Analysis & Insight
Wetherspoon ‘well placed’ to navigate choppy waters
The 826-strong pubco is seeing a resurgence across multiple parts of its offer, including cocktails, wine, breakfast, and coffee, chairman Tim Martin tells MCA
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News
Five Guys continues to see ‘strong growth prospects’ in UK
The burger chain has reported financial results for 2022, with revenue of £452m for its stores across the UK, France, Spain, and Germany
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News
Greene King launches new supplier platform
Called Greene King Engage, the platform is intended to boost engagement with suppliers on ESG and to build collaboration in the wider sector to reach net zero
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News
Wetherspoon returns to pre-pandemic strength
The 826-strong pubco has reported revenue of £1,926m in FY23, beyond FY19 levels and driven by like-for-like growth across food, drink, and accommodation
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News
BP sets ambitious growth targets for convenience business
BP is planning to invest between £7-9bn in convenience and EV charging in the next seven years, according to Jo Hayward, VP Convenience Retail, Europe