All articles by Shwetali Sapte – Page 89
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InterviewsJapes: ‘We’re looking to provide a point of differentiation’
The deep dish pizza concept, which is pioneering a new creation it calls ‘London-style’ pizza, is close to signing its first franchised site as it looks to expand nationwide, founder Alex Aleksic tells MCA
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NewsDeliveroo reports ‘stabilisation’ of consumer behaviour
The UK & Ireland saw year-on-year growth of 7% in gross transaction value, while growth in orders stood at 1% as consumer behaviour stabilised
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Analysis & InsightManaged sector finishes 2023 on a high
Restaurants, pubs, and bars saw sales improve 8.8% during the all-important December trading period, completing a 12-month run of like-for-like sales growth
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NewsMegan’s reports most successful Christmas to date
The all-day restaurant group reported 19.3% like-for-like sales growth and has lined up four openings for this year, remaining on track to deliver £30m in revenue
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NewsIan McHoul steps down from Young’s
McHoul will step down as non-executive director when his second three-year term expires on 23 January, with Aisling Meany taking over as chair of the audit committee
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Analysis & InsightChristie & Co: ‘Equity players are looking at the long term’
Simon Chaplin, senior director of Pubs, Restaurants, & Franchise, speaks to MCA about the 2024 outlook for M&A, the gap in the market for better burgers, and how QSR is stepping in amid the demise of casual dining
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NewsJust Eat order numbers slide
The UK and Ireland saw 1% sales growth in 2023, while total orders were down 2% in the region for the delivery platform
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NewsHospitality vacancies fall to 112,000, but remain higher than pre-Covid
Current vacancies remain significantly higher than the pre-pandemic levels of 89,000 as UKHospitality continues to call for reform of the Apprenticeship Levy
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NewsM&B ‘well positioned’ to grow profitability and market share
Mitchells & Butlers has announced a strong trading performance over the festive season, with like-for-like sales growth of 7.7% in the year to date, increasing to 10.1% over the five key festive days
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NewsRestaurant Brands International to acquire largest Burger King franchisee
Carrols Group, which operates 1,022 Burger King and 60 Popeyes restaurants in the US, will be acquired as part of the ‘Reclaim the Flame’ plan to drive sales growth and profitability
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NewsFat Phill’s set to launch in UK
The Amsterdam-based smash burger concept has signed a franchise agreement with Freshly Baked, Auntie Anne’s UK master franchisee, to open 100 UK sites
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NewsPret reveals first kids’ menu in drive to expand customer base
The food to go chain has launched its first full menu designed for kids aged four to 10 years old as it looks to broaden its offer for families
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InterviewsIncipio Group: ‘There’s a lot of interest in the Pergola concept’
While Pergola Paddington closes this month, the group plans to open more venues under the brand with other sites in the pipeline this year - including its collaboration with Cirque du Soleil
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Analysis & InsightMid-market casual dining will continue to struggle
Pre-Covid overexpansion, challenging trading conditions, and changing consumer habits have resulted in a -5.3% drop in Christie & Co’s restaurant price index
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NewsLaine Pub Company delivers ‘credible’ performance
Despite the impact of challenging trading conditions, the 56-strong pub operator reported a rise in revenue to £52.7m in the year to August 2023
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NewsNoble Hospitality unveils expansion roadmap
The group behind Angus Steakhouse, Chotto Matte, Steak and Company, and Alley Cats Pizza has appointed Paul Sarlas as CEO
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NewsHome Office visa plans could be ‘nail in the coffin’ for hospitality
Many in the sector feel that new government policies to cut migration prioritise political calculation over economic realism, The Guardian reports
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NewsMarlowe’s Burger makes MD appointment
The five-strong burger takeaway chain has appointed Carl Traill, formerly of Miss Millie’s, Burger King UK, and Punch Taverns, as MD
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NewsBoxpark reports its best ever December
The group reported an 108% increase in corporate bookings, while like-for-like sales were ahead 22% and beat revenue from football screenings in December 2022
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InterviewsFulham Shore: ‘We’re a long, long way from oversaturated’
CEO Marcel Khan, who took the helm at the Franco Manca and The Real Greek operator last week, speaks to MCA about dialling up expansion, being part of the ‘better pizza’ movement, and how with huge investment comes huge responsibility