All articles by Shwetali Sapte – Page 80
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News
Stonegate and City Pub Group join BBPA
The British Beer and Pub Association, whose members collectively represent over 20,000 UK pubs, has welcomed 13 new members this year
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News
Turtle Bay announces 'record year'
The Caribbean restaurant group reported record sales of £90.1m for the year ended April 2023, along with like-for-like growth of 32.6% vs 2019
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Analysis & Insight
Post-work drinks lose popularity
A quarter of workers have said drinks after work were non-inclusive, with 62% saying they would prefer a foodie evening, according to research by event planners Togather
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Interviews
David Page: ‘We’re cheaper than Pret a Manger’
Amid the collapse of high street chains, the Fulham Shore executive chairman said Franco Manca has prospered by streamlining its menu and ensuring value for money
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News
Tortilla announces progress on expansion
In a H1 2023 update, the Mexican concept announced record performances at its franchised sites with SSP, with further sites in the pipeline
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Interviews
Toridoll: ‘We fell in love with Franco Manca’
Speaking at a media event in London, Toridoll president and CEO Takaya Awata said he sees global scope to expand the Franco Manca brand, which made for an attractive acquisition due to strong synergies with the Japanese food conglomerate’s diverse portfolio
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Interviews
MW Eat looks to go beyond London
The Indian restaurant group will likely expand its Masala Zone concept outside the capital in the next three years, while looking for opportunities to go international, chairman Ranjit Mathrani tells MCA
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News
C&C Group reports ‘encouraging performance’
The premium drinks company has issued an update ahead of its AGM today, with net sales revenue for its branded business up 10% in early FY24
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News
Hakkasan Group reports post-pandemic recovery
Revenue rose 121% to $71.8m vs 2020, with the group saying “a strong focus remains on the UK market” alongside global expansion
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News
Domino’s appoints CEO
Andrew Rennie will take over from interim CEO Elias Diaz Sese as chief executive, with effect from 7 August
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Interviews
Bone Daddies reports ‘consistent demand’
The group, operator of Bone Daddies Ramen, Flesh & Buns, and Shackfuyu, posted £17.3m in revenue for the year ended September 2022
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Analysis & Insight
Consumers increasingly embracing tech in hospitality, report finds
Research from Zonal and CGA finds 71% of people now prefer to use tech, either exclusively or in tandem with human interaction
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Interviews
Wetherspoon: ‘Big city centres are really rocking’
Chairman Tim Martin tells MCA that city centres have been major contributors to recent strong trading, along with food being an “ever bigger contributor” to sales
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Interviews
Hop Vietnamese pushes ahead with expansion
The Vietnamese QSR concept will likely reach the 10-site mark next year, and is in talks with franchise partners for travel hubs, founder Paul Hopper tells MCA
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Interviews
North Brewing Co looks to double estate
The Leeds-based operator and brewer will ensure its offering remains premium as it expands its Taproom concept across the country, director John Gyngell tells MCA
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Interviews
Caravan: ‘We’ve always wanted to go outside London’
CEO Laura Harper-Hinton speaks to MCA about venuring outside the capital, international potential, and maintaining growth
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News
Sector remains short-staffed going into summer
Vacancies in hospitality remain 48% higher than pre-Covid, with many businesses reducing trading hours during the peak holiday season
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News
McMullen’s surpasses £100m turnover
The brewer and pub operator reported results for the year to October 2022, achieving over £100m in turnover for the first time in history - although cost inflation eroded margins
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Interviews
Joe & the Juice sees ‘no signs of slowdown’ in the UK
CEO Thomas Nørøxe speaks to MCA about reporting £195m in sales, further expansion in Greater London, and focusing on the coffee offer
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Analysis & Insight
Eating out market remains stagnant
Eating out frequency and penetration remains stagnant year-on-year, with restaurants, pubs, and bars falling back while food-to-go rises due to consumers returning to offices