All articles by Shwetali Sapte – Page 80
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NewsStrong third quarter for Caffè Nero
The coffeehouse chain reported sales growth of 10.5% year-on-year in the UK, with double-digit growth in delivery sales and even stronger growth in the Coffee at Home business
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NewsTrain strikes announced during May Bank Holiday
Staff at 16 train companies will walk out between 7 and 9 May, with an overtime ban in place between 6 and 11 May
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NewsIn pictures: Laine Pub Company’s Butterfly Trail
The pubco and craft brewer has partnered with Pixel Artworks to bring an augmented reality experience to Brighton’s Spiegeltent
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InterviewsIncipio Group: ‘Continual evolution is essential’
With 10 million annual visitors expected at London’s Olympia development, Incipio Group will draw inspiration from existing brands while creating entirely new concepts to cater to a wide range of drinking and dining experiences, CEO Edward Devenport tells MCA
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NewsMac Plumpton joins Leon as MD
Plumpton, formerly of Rosa’s Thai and Tapas Revolution, will succeed Ashley Davis, who stepped up as interim MD after Glenn Edwards’ departure last year
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NewsDeliveroo: ‘More stable but still uncertain’ consumer environment
Order growth in the UK and Ireland remained flat year-on-year, albeit the delivery company reported ongoing signs of stabilisation in consumer behaviour
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NewsWatchHouse launches crowdfunding campaign
The coffeehouse concept reported that trading in Q1 2024 was up 120% compared to 2022, as it encourages investors to support its ambitions for global expansion
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NewsLoungers continues to go from strength to strength
The all-day concept has opened a new site every 10 days so far this year, bringing its estate to 257 as it looks to reach the 600-site mark
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InterviewsChestnut Group: ‘We want to build an iconic collection’
Founder Philip Turner speaks to MCA about achieving 14% like-for-like sales growth, investing in the accommodation business, and “constantly giving people reasons to come back”
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InterviewsTGI Fridays deal ‘pretty huge win’ for both businesses
Speaking after an agreement was announced for Hostmore to acquire the US-based TGI Fridays in a reverse takeover, chairman Stephen Welker tells MCA how the business has not received due credit in the market for its turnaround
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NewsDes Gunewardena to launch Engel and Jang
The restaurateur has revealed details about two distinct concepts - a cocktail bar and Korean-Japanese restaurant - launching in the London Royal Exchange this summer
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NewsHostmore to acquire franchisor TGI Fridays US
The proposed reverse takeover would bring together the casual dining brand’s largest franchisee with its global franchisor for an enterprise value of £177m, with the combined group to be renamed TGI Fridays plc
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InterviewsGail’s: ‘We’ve kept the brand at its purest’
MD Marta Pogroszewska speaks about the premium bakery concept’s approach to scaling nationwide and its appetite for testing new models, as it prepares to open its 131st shop this week
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InterviewsPortobello Pubs: Darwin & Wallace a ‘highly complementary’ acquisition
Chairman Mark Crowther tells MCA the group has already begun harmonising its supply chain and sharing best practice, and is “delighted” to add seven high-volume venues in prime locations under its umbrella
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NewsPopeyes appoints director of acquisitions and estates
Peter Gibson, formerly of Chicken Shop, Flat Iron, and Nando’s, joins the fried chicken chain as it looks to double its estate this year
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NewsBusaba continues to explore expansion opportunities
The Alan Yau-founded Thai restaurant group reported a 2% decline in like-for-like sales, but continues to look at opportunities “closer to London”
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NewsWingstop extends exclusive partnership with Deliveroo
The chain will continue to be exclusively available to Deliveroo customers in 15 cities, with 30% of its revenue coming from delivery
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NewsRevolution brands remain ‘well positioned’
The pub and bar group has reiterated that its Revolucion de Cuba, Founders & Co, and Peach Pubs concepts continue to trade well, with group like-for-like sales demonstrating an improving trend as it announces a restructuring plan
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Analysis & InsightHospitality visit frequency grows for first time in six months
The eating out market has been bolstered by a drop in inflation and national insurance, as well as rising consumer confidence
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NewsWahaca: ‘The market for Mexican cuisine will continue to evolve’
CEO Mark Selby speaks to MCA about returning to the expansion trail for the first time since 2018, refining the brand for a more elevated experience, and Wahaca’s status as a ’premium casual’ operator leading the Mexican category