All articles by Shwetali Sapte – Page 94
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Analysis & InsightHospitality sees boost from sporting events
Major sporting events along with festive gatherings have led to bars, pubs, and clubs seeing year-on-year growth of 4.1% in November, according to Barclaycard
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NewsLiverpool venue Alma de Cuba sold to JSM Group
CBRE’s Manchester Operational Real Estate team has completed the sale of Liverpool nightspot Alma de Cuba to JSM Group for £2.5m
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Analysis & InsightFlint Global: ‘Well run companies will stand out more than in the past’
Alex White, partner at Flint Global, discussed the macro-economic climate and his views on monetary conditions in the coming years at MCA’s FD Leaders event
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InterviewsLucky Voice: ‘We’re stepping up our ambition’
MD Charlie Elek speaks to MCA about building momentum and doubling the estate as revenues soar beyond pre-pandemic levels
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from Lucky Voice, Brindisa Kitchens, Sides, and more
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Analysis & InsightLow and no alcohol drinks among fastest growing categories
One in three bars have increased their range of low to no alcohol drinks over the past year, according to CGA and Crossip
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NewsPubs expecting to pour 15m pints this Sunday
Pubs are expecting to sell 5m more pints than usual when England face Senegal in the World Cup knockout stages this Sunday
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Analysis & InsightAzzurri Group recovery driven by omnichannel approach
The group is renewing its focus on improving and expanding the proposition, through operational efficiencies, delivery, loyalty, and digital
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NewsSapient appoints Steven Kenee as director
The corporate finance advistory firm has appointed the former Oakman chief investment officer as a director
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NewsThinCats backs ETM Group in £11m deal
Alternative lender ThinCats has provided over £11m in funding to ETM Group to refinance its loans and provide capital for organic growth
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NewsStange & Co reports recovering sales
The 10-strong pub operator announced sales were on their way to recovering to pre-pandemic levels, with a turnover of £10.7m
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Analysis & InsightEngland v Wales sees draught beer sales up 84%
9.2 million pints were sold across the UK during the game on 29 November, with the average pub serving 136 pints more than usual
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InterviewsLoungers: ‘We take confidence in the strength of our performance’
CEO Nick Collins speaks to MCA about outperforming the market and maintaining spend and volumes amid a recession
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NewsPubs could see £155m World Cup boost
The boost could give pubs a much needed lift amid a time of rising costs threatening their survival, according to small business insurance provider Simply Business
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NewsLong-term sustainability more important than ever amid short-term crises
Sector leaders came together at a Zero Carbon Forum roundtable event to discuss the importance of more sustainable practices
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NewsI am Döner secures franchise agreement with Optimum Group
The kebab concept will open in Liverpool as part of a multisite franchise agreement with Costa Coffee franchisee Optimum Group
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NewsTrade bodies warn of closures following rail strikes
Trade associations have written an open letter to negotiating parties, warning some businesses will close their doors for the last time if strikes go ahead
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NewsEngland vs USA game sees 32.7% increase in pub sales
The World Cup match on 25 November saw 13.1 million pints sold across the UK, alongside a rise in average dwell time and spend per head
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NewsEG Group foodservice profits on the rise
Gross profit in its foodservice operations increased by 21% to $207m year on year for Q3 FY22, driven by acquisitions and new openings
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NewsCooks Coffee Co reports strong rise in revenue
The cafe chain has announced its H1 FY23 results, with sales in its Esquires outlets up 20% and sales in Triple Two outlets 60% ahead of H1 FY22