All articles by Shwetali Sapte – Page 81
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NewsDomino’s reveals new nutrition strategy
Following a successful trial, the pizza giant will roll out a new, lower-calorie lunch menu, reformulate existing items to reduce calories, and develop new plant-based options
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NewsDeliveroo, restaurant partners, and GMB union sign courier charter
The charter, signed by chains including Wagamama and Wingstop, includes principles on treating riders with dignity and ”working together to achieve operational excellence”
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NewsAnother year of record sales for JW Lees
JW Lees has achieved sales of £94.3m in the year to March 2024, up 10% year-on-year, according to managing director William Lees-Jones
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NewsGreggs appoints non-executive director
Tamara Rogers, currently chief marketing officer at Haleon plc, will join Greggs on 1 June
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NewsParogon Group continues to seek expansion opportunities
The Staffordshire operator has reported group turnover of £21.7m, and plans to expand its range of concepts into surrounding counties
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NewsIn pictures: WatchHouse debuts in New York
The 17-strong coffeehouse concept has opened on Fifth Avenue, offering specialty coffee and light bites during the day as well as cocktails in the evening
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InterviewsNightcap: ‘2024 looks to be a year of consolidation’
The late night sector is being reshaped through restructuring and consolidation, and Nightcap will continue to keep a close eye on opportunities - despite challenges with profitability and an exodus of capital, according to directors Sarah Willingham and Michael Toxvaerd
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NewsAmber Taverns achieves record turnover
The community pub operator reported turnover of £110m, with an 11.3% rise in like-for-like sales, underpinning continued demand for its value offer
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InterviewsHestia Hospitality: ‘There’s never a better time to be in acquisition mode’
The newly launched investment vehicle is looking to make a further two investments this year as part of a three-year target to reach revenues of £100m, CEO Andrew Fishwick tells MCA
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NewsWahaca reports strong performance in face of headwinds
The group reported turnover of £39.7m as it returns to the expansion trail this month, with the opening of its 14th site in London’s Paddington Square
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NewsBrindisa reports strong demand across sectors
The restaurant, deli, and wholesale group, which operates Spanish restaurants including Kroketa in Soho, reported strong trading despite economic instability
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NewsRevolution temporarily suspends shares from trading
The pub and bar operator was unable to publish interim results by 30 March, with suspension from trading to be lifted following their publication in due course
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NewsInvestment vehicle Hestia Hospitality launches with initial £50m
Backed by individuals and family offices including Justin King CBE, Hestia’s first acquisition is sustainable restaurant concept Native, with further acquisitions to follow
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NewsCooks Coffee appoints Aiden Keegan as CEO
Keegan has worked with the Esquires owner since 2004, most recently as MD for the Esquires UK business
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NewsRedCat Pub Company to exit 24 sites
The Rooney Anand-led pub investment vehicle said it has undertaken a strategic review in context of sector-wide challenges, in addition to appointing a new executive team
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NewsButcombe Pubs & Inns reports record sales in March
The Liberation Group-owned business attributed strong sales to a bumper Mother’s Day weekend and the Cheltenham Festival
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NewsStarbucks to open further 100 UK stores
The coffee giant reported 22% year-on-year sales growth in the UK to £547.7m, with plans to grow its current estate of 340 drive-thrus
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Analysis & InsightMore than 13,000 night time businesses lost since 2020, new report finds
The Night Time Economy tracker from the Night Time Industries Association and CGA found 35% of independent nightclub businesses have shuttered since March 2020
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NewsFluffy Fluffy adds seven sites to pipeline
The souffle pancake concept has opened five sites since its launch in Manchester in 2022, and is set to more than double its estate
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NewsRevolution Bars ‘actively exploring’ all options
The pub and bar operator confirmed it is engaging with shareholders to fundraise, while exploring strategic options including a restructuring or partial or full sale