All articles by Shwetali Sapte – Page 76
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Analysis & InsightAcquisition of City Pub Group an ‘inspired move’ from Youngs
Young’s proposed £162m takeover of the Clive Watson-founded City Pub Group demonstrate its ambition to branch out of its roots as a purely regional pub company, while showing premium pub assets can still command a premium price, industry sources tell MCA
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NewsParliamentary debate to be held over protection of heritage pubs
The debate, taking place in the House of Commons later today, will explore ways to step up protection for heritage pubs
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NewsKFC to expand drive-thru estate
KFC is set to open 10 new branches in the next three months, comprising both drive-thrus and high street stores, as it targets the 1,500-site mark in the UK
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NewsDrinks and accommodation drive growth at Young’s
The pub company reported interim results with revenue of £196.5m and room revenue termed the “standout performance” during the period
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NewsYoung’s makes bid to acquire City Pubs, valuing it at £162m
According to Young’s, it has closely followed the City Pubs estate for some time and holds the premium, well-invested, and wet-led approach in high regard, presenting an attractive opportunity for Young’s to drive future growth
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InterviewsFuller’s: ‘Our pubs will continue to withstand the test of time’
Chief executive Simon Emeny speaks to MCA about delivering growth across areas and margins, the economics of running pubs, and how investment in training, development, and the estate is paying dividends
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InterviewsJoe & the Juice sees double-digit growth in UK
The brand is looking to increase its presence beyond greater London amid consistent double-digit growth in its UK stores, CEO Thomas Nørøxe tells MCA
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NewsFuller’s: Market outperformance driven by growth across areas
The pub operator reported revenue of £188.8m for the half-year to 30 September, with double-digit like-for-like growth across food, drink, and accommodation
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NewsPopeyes appoints people director
Matt Hudson, who spent five years at Wagamama, has joined Popeyes UK as the brand continues its rapid expansion
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NewsSoho House reports continued membership growth
The members’ club now has a total of 110,333 UK members across its Soho House, Soho Friends, and Soho Works concepts
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InterviewsPizzaExpress: ‘It’s about going back to what made it incredible’
CEO Paula Mackenzie discusses how the brand is leveraging its heritage on its business transformation journey at MCA’s Restaurant Conference
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NewsAdrian Cook steps down from Costa
Adrian Cook has stepped down as managing director – International for Costa Coffee after two years with the coffee shop chain
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NewsDaniel Thwaites reports ‘solid’ half year performance
Pubs and inns traded well in the six months to 30 September, driven by intervals of good weather and an improved staycation market
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NewsLoungers on track for 34 new sites this year
The all-day operator’s accelerated rollout plan remains firmly on track, with the opening of its first Cosy Club in Oxford as well as three new Lounges
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NewsWagamama actively exploring loyalty programme
The Asian-inspired chain sees tech as a fundamental component of its growth strategy and is looking into a loyalty scheme, CEO Thomas Heier told MCA’s Restaurant Conference
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InterviewsJamie Oliver Group: ‘We’re looking forward to returning to the hospitality scene’
The group is close to £100m in annualised sales as it prepares to open a flagship venue in Covent Garden later this month, global restaurant group director Edward Loftus tells MCA
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NewsSnowfox opens its 500th kiosk in UK
The group has opened 500 kiosks under its Yo!, Panku, and Mai Taiko brands, and plans to continue its rollout throughout next year
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NewsDiageo updates medium term guidance
While growth continues to be strong in Europe, Diageo cited a weaker performance outlook in Latin America and the Caribbean
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NewsKrispy Kreme: UK pricing and cost control drives EBITDA
Krispy Kreme has reported Q3 2023 results, with international adjusted EBITDA margin expansion in part driven by initiatives in its UK estate
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NewsMcDonald’s UK boss summoned for questioning over staff allegations
The Business & Trade Committee has summoned Alistair Macrow as the BBC reveals a further 160 allegations of staff mistreatment in McDonald’s UK stores