All articles by Shwetali Sapte – Page 74
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Analysis & Insight
Dynamic pricing could ‘alienate’ customers
MCA examines the controversial move, which has caused some publicans and business owners leap to Stonegate’s defence - albeit some consumers have lashed out against the pubco’s policy to raise prices by 20p during busy hours
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News
Howard Schultz steps down from Starbucks
The coffee giant has announced former CEO Howard Schultz is to retire as director, as part of a planned transition, and will be replaced by Wei Zhang
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News
Stonegate receives backlash for dynamic pricing move
CAMRA chief executive Tom Stainer called the move ‘troubling’, while Loungers chairman Alex Reilley said the pubco was being criticised for its transparency
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News
Wendy’s confirms six more openings
The Ohio-based QSR chain will open in Derby, Leeds, Peterborough, Guildford, Cambridge, and Middlesborough as part of its nationwide expansion
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News
Big Table Group appoints head of concept development
Johanna Selin, previously of M&S, Wagamama, and Pret, has been appointed to the role as the group takes on TRG’s Leisure brands
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Analysis & Insight
Washout summer boosts indoor venues
Managed restaurants were up 8.6% on August 2022 as consumers chose indoor venues, while pubs saw a 4.9% rise, according to the Coffer CGA Tracker
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Interviews
St Austell: ‘We’re in good shape to deliver growth’
The pubco and brewer sees opportunities following its acquisition of Bath Pub Company, with 20% like-for-like growth in its managed estate, CEO Kevin Georgel tells MCA
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Interviews
Big Table to drive ‘strong improvements and synergies’ with Leisure acquisition
The group will find savings in the supply chain, overheads, and culture in its newly acquired business, CEO Alan Morgan tells MCA
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News
Various Eateries CEO steps down
Yishay Malkov will step down from his role as director and CEO with immediate effect, while executive chairman Andy Bassadone will continue to lead the group
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News
St Austell Brewery acquires Bath Pub Company
The deal will see St Austell take over the operation of four pubs in Bath and further grow its 184-strong West Country pub estate
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News
TRG announces sale of Leisure business to Big Table Group
The Big Table Group will take over the division, principally consisting of the Frankie & Benny’s and Chiquito brands, in a deal expected to complete in October - with TRG paying a cash contribution of £7.5m as part of the transaction
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Interviews
Dishoom: ‘We’ve always wanted to open a bar’
As Dishoom prepares to open its first entirely drinks-led venue in Brighton this November, MD Brian Trollip tells MCA that the venue is a passion project for him and CEO Shamil Thakrar
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News
Strong sales unable to keep up with inflation
Despite a 6.7% irise in turnover to £137bn, sales remain nearly 20% behind in real terms, according to the latest UKHospitality Quarterly Sales Tracker
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Analysis & Insight
Comfort food for the soul: the trend for nostalgic dining
As economic turbulence continues to drag on businesses and consumers alike, MCA explores the trend towards retro-inspired, nostalgia-led concepts and why they provide comfort in reminiscence
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News
Greene King announces enhanced flexible working policy
The pubco has introduced improved policies for paternity leave, adoptive leave, compassionate leave, and emergency leave for dependents
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Analysis & Insight
Food price inflation sees marginal drop
Year-on-year food and drink price inflation fell slightly in July to 21.7%, down from 22.6% in June, according to the CGA Prestige Foodservice Price Index
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News
Big Fang Collective to launch karaoke venue
The Imbiba-backed experiential group will launch Big Fang Karaoke in collaboration with Asahi on Liverpool’s Parliament Street later this month
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News
Boojum actively seeking sites in GB
The fast casual Mexican-inspired chain, which was acquired by Azzurri Group earlier this summer, is on the lookout for sites in Great Britain as it opens its 15th store in Ireland
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Analysis & Insight
Interims ‘reinforce’ TRG’s negotiating position
Outperformance, delivered in a competitive environment, puts the Wagamama owner in a stronger position as it weighs potential asset disposals, according to analysts
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Interviews
TRG: ‘We’re reviewing our options from a position of strength’
CEO Andy Hornby tells MCA that the group’s Wagamama and Pubs divisions have seen real volume growth and outperformed the market, with the pace of expansion accelerated accordingly