All articles by Shwetali Sapte – Page 77
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Analysis & InsightAn affordable luxury: Why dessert remains resilient
MCA examines the current position and future prospects of dessert parlours and specialist ice creams shops, the continuing expansion of its market leaders, and the growing popularity of once niche flavours and concepts
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NewsDiageo appoints Debra Crew as interim CEO
Crew has taken the interim position ahead of her scheduled appointment to the role on 1 July, with Sir Ivan Menezes currently in the hospital
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NewsHostmore appoints non-exec
The TGI Fridays operator has announced the appointment of Helena Feltham as an independent non-executive director
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NewsMelissa Wisdom appointed to Stonegate board
Stonegate Group has promoted sales and marketing director Melissa Wisdom to chief commercial officer, replacing Suzanne Baker
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InterviewsEggslut amps up expansion
The gourmet egg concept aims to open three locations per year, and is on track to meet its target of a 15-strong estate within the next three years, MD Bruno Pires tells MCA
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NewsLeon to debut in Italy
Leon is to make its Italian debut in Rome this October, as part of a partnership between SSP Group and Italian rail station operator Grandi Stationi
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from Masala Zone, Roxy Lanes, Wagamama, 200 Degrees, and more
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InterviewsKaspa’s Desserts refocuses on central London
The c100-strong dessert chain is looking to build its presence in central London, and is on track to meet its target of 10-15 openings this year, MD Francesco Arcadio tells MCA
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InterviewsPizza Pilgrims: ‘The business is overall in good shape’
The 22-strong chain is trading ahead of expectations, with a focus on menu innovation and new sites both within and outside London, co-founder Thom Elliot tells MCA
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Analysis & InsightOmnichannel patterns necessitate ‘unique offline experiences’
Venues can do more to adapt to omnichannel trends and changing consumer patterns, according to research from CACI and p-Three
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NewsPret opens in Italy
Pret a Manger has debuted in Italy in Milan’s Malpensa Airport, as the first of 40 openings planned across the country
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NewsChef shortages need urgent attention, says UKHospitality
The trade body has urged the Migration Advisory Committee to add chefs to its shortage occupation list due to vacancies of up to 21%
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NewsKokoro sees profits down
The c70-strong Korean-Japanese QSR concept has cut back on its openings programme amid inflationary pressures but continues to expand, albeit at a slower rate
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NewsFlat Iron reports ‘remarkable recovery’
The 12-strong steak restaurant chain has reported full-year sales of £23.5m for the year ended August 2022, up 29.2% on pre-Covid levels
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NewsAlbert’s Schloss to debut in London
Mission Mars has announced it will make an £8m investment into opening its first Albert’s Schloss in London on Shaftesbury Avenue in spring 2024
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NewsSubway sees continued positive momentum
The global sandwich chain saw a 10.5% increase in same-store sales in Q1 2023 in the UK & Ireland, and also announced a major menu change
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NewsFinnCap: Activist pressure on TRG likely to continue
Activist pressure will likely remain despite all resolutions passed with the requisite majorities at the AGM, albeit finnCap sees “considerable upside” for the group
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InterviewsYoung’s: ‘We are optimistic for the year ahead’
Young’s saw like-for-like sales up 10% last week, with all regions except the West Country up on pre-pandemic levels and central London now its best performing region, CEO Simon Dodd tells MCA
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NewsHGEM acquired by Volaris Group
The guest experience platform will come under the umbrella of catering management company CaterTrax, owned by Toronto-based software group Volaris
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NewsOodles Chinese to scale to 45 sites
The Indo-Chinese QSR concept has opened its 36th site in Walsall, with plans for a further nine locations underway