All articles by Shwetali Sapte – Page 75
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Analysis & InsightHigher prices must be justified, says Lynx Purchasing
While higher food prices are here to stay, adding value to menus through quality ingredients can justify and encourage consumer spend
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Analysis & InsightCentral London on road to recovery
Central London, which lost 15.6% of its licensed premises between March 2020 and 2023, saw a net decline of only 1% in Q1 2023, according to CGA and AlixPartners
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Analysis & InsightCompetitive socialising continues to rise
The number of transactions at competitive socialising venues are up 9% in March 2023 vs October 2022, with sales up 5%, according to CACI
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Analysis & InsightSupply chain fragility continues to hit hospitality
The cost of goods sold reached 27.3% in February 2023 – an increase of more than five percentage points in less than two years, according to new data from Fourth.
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InterviewsSubway: ‘We see a fantastic opportunity for growth’
UK & Ireland managing director Nigel Doughty speaks to MCA about enhancing the digital experience, strategic physical expansion and evolving the food offer
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring Arcade Food Hall, Fish Game, The Table, and more
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InterviewsLucky Voice looks to regional cities
The social entertainment concept will likely launch in Manchester or Birmingham in 2024 as it looks to double its estate, MD Charlie Elek tells MCA
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Analysis & InsightDiversification boosts growth for pubs
Lumina Intelligence insight director Blonnie Whist explored trends in the pub market at MCA’s Pub Conference, from diversification to premiumisation, experiential, and treat-led occasions
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Analysis & InsightWhat next for EG Group’s foodservice business?
MCA explores the implications of Asda’s £2.3bn acquisition of EG Group for its foodservice businesses, including synergies, cross-selling opportunities, and stores which blur the boundaries between retail and hospitality
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NewsThwaites in ‘strong position’ to regain pre-Covid momentum
The Lancashire-based pub operator and brewer reported a turnover of £108.8m for the year to March 2023, up from the prior year’s £96m
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NewsSSP revenues driven by air travel
UK & Ireland revenue remains at 94% of 2019 levels, driven by air travel due to the impact of industrial action on UK rail
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NewsWhitbread F&B sales recover in Q1
Whitbread has announced its Q1 FY24 trading update, with total revenue up 19% and total UK F&B sales 10% ahead vs FY23
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NewsHigh Court rules in favour of PizzaExpress on insurance payout
The High Court has ruled in favour of a group of businesses seeking insurance payouts for Covid-related losses
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NewsInflation remains sticky at 8.7%
UK inflation has remained unchanged at 8.7% in the year to May, matching the figure recorded in April - with core inflation rising to 7.1%
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NewsTRG announces changes to senior team
Mark Chambers, currently CEO of Leisure & Concessions, will be replaced by Jonathan Knight as he takes over the CFO role from Kirk Davis
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Analysis & InsightCEOs least likely to have accessed EDI training
Business leaders are unlikely to have accessed training on equity, diversity, and inclusion (EDI) despite a strong appetite to do so, according to a new report by Be Inclusive Hospitality
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InterviewsAzzurri: ‘We’re looking to replicate Boojum’s success’
CEO Steve Holmes speaks to MCA about its new acquisition, adding a recession-proof brand to the portfolio and being an Italian cuisine group by accident rather than design
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InterviewsZia Lucia looking for prime sites outside London
The independent pizzeria chain has appointed Colin Doyle as MD as it looks to double its estate, with an eye on prime city centre locations, co-founder Gianluca D’Angela tells MCA
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Interviews‘Britain’s bloated planning rules are wrecking McDonald’s expansion plans’
McDonald’s chief Alistair Macrow speaks to The Telegraph about planning headaches, the £280 million investment plan and vegan dining
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from Flat Iron, Greggs, San Carlo Group and more