All articles by Shwetali Sapte – Page 73
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News
Bonchon to launch in UK
The Korean fried chicken brand, which has 420 worldwide stores in operation, has partnered with Christie & Co to bring its concept to the UK
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Analysis & Insight
McWin could build cross-border Italian ‘super group’
Following McWin Capital Partners’ acquisition of Big Mamma - in a deal valuing the Italian restaurant group at £234m - MCA examines the fund’s background, investment strategy, and what it hopes to achieve with its portfolio of brands
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Interviews
Comptoir Group: ‘We’re very positive about our future in QSR’
The Lebanese-inspired group is focusing on rolling out its shawarma concept Shawa and sees strong opportunities in the QSR space, CEO Nick Ayerst tells MCA
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News
Inception Group turnover up 80%
The experiential bar operator posted sales of £22.7m in 2022, with headline trading holding up “very strongly”
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Interviews
Market Place to go nationwide
Market Place will open three to four sites per year, with negotiations underway for its first sites in central London and Liverpool, MD Blake Henderson tells MCA
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News
Brighton Pier Group maintains ‘cautious’ outlook
The bars and leisure operator reported revenue of £16.2m in its interim results, followed by weaker than expected summer trading
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News
Boxpark appoints chairman
Paul Thandi CBE, formerly CEO of NEC Group, joins as independent non-executive chairman
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Interviews
City Pub Group in ‘strong position’ for growth
The group will continue to look for predominantly wet-led, freehold pubs as part of its acquisition strategy, and is in a strong position due to its low debt, CEO Clive Watson tells MCA
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Interviews
KFC: ‘It’s been a strong year in a turbulent sector’
Chief development officer James Whitehorn speaks to MCA about targeting the 1,500-site mark, the future of the high street, and how the fried chicken giant is not only surviving - but thriving
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Interviews
Yolk to diversify to all-day offer
The ‘fine fast food’ brand is growing evening trade while adapting its menu to an all-day offer, as it looks to target suburbs in its goal to reach the 20-site mark, CEO Nick Philpot tells MCA
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News
Nightcap appoints sales & marketing director
Michelle Farrell, formerly of Stonegate Group, has been appointed group sales & marketing director for the late night operator
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News
Adnams: ‘Trading conditions continue to be uncertain’
The brewer, distiller, and pub operator reported sales in the first half of the year were level with 2022, at £30m
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Interviews
Market Halls: 'We intend to consolidate the food hall market'
Market Halls is in negotiations for another venue near a major London train station, alongside two venues outside London, CEO Andy Lewis-Pratt tells MCA
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News
Arc Inspirations delivers £40.8m in sales
The premium bar operator delivered annual sales growth of 7.5% for the year to 26 March 2023, with plans to open four sites - including a London debut
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News
Gravity sees revenue recover
The retail, leisure, and entertainment concept reported revenue of £25m in 2022 - up 75.3% from the prior year - as it prepares to open a further 10 locations
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News
Deals struck for Pizza Hut branded franchise stores
Seven Pizza Hut branded franchise stores across the Midlands and Sussex have been acquired through pre-pack sales
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News
Nando’s celebrates 10 years of No Chuckin’ Our Chicken
Since its inception, the food donation programme has seen 4.3 million meals donated to charities and community groups
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Analysis & Insight
Pub demolitions and conversions on rise
The number of pubs being demolished or converted for other uses has risen by more than 50%, according to real estate specialist Altus Group
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News
Leon co-founder launches new venture
John Vincent, who Leon to EG Group in a 2021 deal valuing the 70-strong chain at c£100m, has launched a sustainable clothing and food venture
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News
White Rabbit Projects makes CFO appointment
White Rabbit Projects has appointed Paul Deeming as chief financial officer, as the hospitality development platform looks to accelerate expansion