All articles by Shwetali Sapte – Page 90
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News
Patisserie Valerie appoints group CMO
Martin Burke has been appointed group chief marketing officer for Patisserie Valerie and Bakers + Baristas
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Analysis & Insight
Foodservice Price Index shows inflation nearing 20%
Food and drink price inflation was at a record high of 18.8% in September, according to the CGA Prestige Foodservice Price Index
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News
PizzaExpress appoints chief marketing officer
PizzaExpress has appointed Stephen Taylor, former global chief marketing officer at Nokia, as its new CMO
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News
Pound falls as interest rates rise
With a rate hike of 0.75%, the biggest since 1989, the Bank of England has predicted a two-year recession and doubling of the unemployment rate
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News
Openings of the week
MCA rounds up this week’s biggest openings stories, featuring new launches from Big Mamma Group, Pacha Group, Loungers, and more
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News
Industry set to lose 1 in 3 nightclubs
The recent crisis could cause nightclub closures to accelerate to 1 in 3 by the end of 2022, according to the Night Time Industries Association
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News
KFC UK sales continue to decline
Yum! Brands has reported its third quarter results, with KFC system sales in the UK falling by 7% in Q3 and by 3% in the year to date
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News
Hospitality sales down for second consecutive month
Following a 6.9% drop in sales in September compared to the same period in 2021, October sales were down 7.1% on October 2021
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News
Cooks Coffee Company appoints non-executive director
The international cafe chain has announced the appointment of Elena Garside as non-executive director
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Analysis & Insight
Business confidence plummets amid soaring costs
The October Business Confidence Survey by CGA and Fourth indicates just 8% of multi-site business leaders feel confident about the next 12 months
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News
Arc Inspirations appoints chairman
Mike Tye, currently chairman of the Big Table Group, has become a non-exec director after Steve Richards has decided to step down after five years in the role
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News
Young’s makes further acquisitions
Young’s has announced the acquisition of two new pubs: The Griffin Inn in Fletching and The Carpenter’s Arms in Tonbridge
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News
Pret to expand Express format
Pret, which launches its new Christmas menu today, is to roll out its Pret Express format to more than 50 locations across the UK by the end of the year
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News
Distrkt: ‘London’s property dynamics have changed’
At MCA and BigHospitality’s Generation Next event, co-founder Camilla Topham discussed the post-pandemic property landscape and the property consultancy’s expectations for next year
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News
Farm Girl hits crowdfunding goal
Aussie-inspired brunch concept Farm Girl is now overfunding past its target of £400,000 to kickstart expansion plans
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News
Poke House appoints co-country head
Poke House has appointed Rob Wickenden as its new co-country head for the UK
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News
Thorley Taverns: ‘We’re getting kicked every which way’
The 18-strong pub operator has faced 400% increases in utilities bills and sold the freehold for one of its pubs to cover costs
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News
Fulham Shore reports revenues up 35% on pre-pandemic levels
The Franco Manca and The Real Greek operator reported H1 revenues up 35% on 2019 and announced its expansion into retail
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Interviews
Sessions: ‘We don’t identify as a food hall business’
Speaking at MCA and BigHospitality’s Generation Next event, Sessions food director Olivia Reid spoke about the future of food halls and claiming the intersection between brand and operator
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Analysis & Insight
Average lunch spend drops 20% year-on-year
Average spend at lunch and dinner dropped by 20% and 12% respectively, while visit frequency is down 3%, according to Lumina Intelligence’s new Restaurant Market Report