All articles by Shwetali Sapte – Page 93
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NewsNightcap CFO steps down
Toby Rolph will step down after nearly three years with the late night operator, with Richard Haley appointed interim CFO
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InterviewsFive Guys: ‘It’s an analogue brand in a digital world’
CEO John Eckbert speaks to MCA about hitting new sales records, moving towards the 300-site mark in the UK and introducing a vegetarian offer for the first time
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NewsOttolenghi reports strong trading
The group, which operates sites including Nopi and Rovi in London’s West End, reported turnover of £27.8m in the year to March 2023
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NewsCooks Coffee: Growth underpinned by strong demand
The 68-strong Esquires operator reported a 22% increase in UK store sales in the six months to 30 September
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NewsM&B reports record market outperformance
The Toby Carvery and Harvester operator reported like-for-like growth across its portfolio, with total revenue of £2,503m for the year ended 30 September
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NewsKricket secures funding ahead of fourth site launch
The modern Indian concept will launch in Canary Wharf, having secured a new round of funding from White Rabbit Projects alongside additional funds from the founders
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NewsCarl Traill steps down from Miss Millie’s
Traill steps down as CEO after five years with the fried chicken concept, which is targeting 100 stores in the next five years
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NewsKFC opens first little drive-thru in UK
Opening in Stafford, the new model is designed to plug the gap in smaller trade zones and for tight sites
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InterviewsLoungers: ‘We’re very positive about 2024’
The versatility and all-day nature of its offer ensures the continued success and relevance of the model, CEO Nick Collins tells MCA
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NewsGong cha appoints UK&I development director
Justin Goes, who spent two decades with Subway, will help drive the bubble tea concept’s UK expansion as it aims for a global estate of 10,000
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NewsKnoops aims for 200 following £8.3m fundraise
The fundraising, led by a £5.5m investment from Morley Stores, will see the chocolate drink specialist debt-free press ahead with plans for 200 stores in the UK
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InterviewsPrezzo: We were stagnant and lacking differentiation
Following the Italian casual dining brand’s latest restructure earlier this year, chief brand officer Olly Smith speaks to MCA about nurturing a self-sustainable, profitable estate, with an evolved strategy including a retail range and revamped food offer
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NewsJoe & the Juice surpasses £45m turnover
Revenue for 2022 grew 66% compared to £27m the prior year, and is expected to grow by another 20-30% in 2023
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NewsNew non-executive director at Marston’s
Rachel Osborne will replace Matthew Roberts as non-executive director and chair of the audit committee, with effect from 23 January
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NewsPho continues expansion amid sales growth
The Vietnamese restaurant group reported turnover of £58.3m for the year ended February 2023, with an “extensive pipeline” of new sites being progressed
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NewsBurger King announces new chair
Lance Batchelor will join the Burger King UK board and be appointed chair from 1 December
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InterviewsHarts Group: ‘There’s growing cultural interest in Mexican food’
Sam and James Hart talk about being ahead of the curve on Mexican cuisine with El Pastor, the success of their cluster strategy, and the opportunities in up-and-coming developments
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NewsNew marketing director at KFC UK&I
Kate Wall, currently strategy & innovation director, has been promoted to marketing director and will work under recently appointed CMO Monica Pool
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NewsAutumn Statement provides ‘lifeline’ for pubs
Pub operators welcomed the decisions to extend business rates relief and freeze alcohol duty, while calling for long-term reforms to reduce costs and tax burden on hospitality
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NewsRates relief and duty freeze welcomed by industry
Trade bodies have welcomed the measures announced in the Autumn Statement while continuing to call for reforms to the business rates, tax, and planning systems