All Wagamama articles – Page 13
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News
In pictures: Retailers' Retailer Awards 2019
Last week saw the best of the industry celebrate its achievements at MCA’s 21st annual Retailers’ Retailer Awards at The Guildhall in London. To view our gallery of pictures from the night, click here.
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Analysis & Insight
What’s vision got to do with it?
Scooping the headline honour at last week’s Retailers’ Retailer of the Year awards, Jane Holbrook talked about her vision during her tenure at Wagamama to make it the best employer in the sector. On the back of this, MCA market insight director, Steve Gotham, delves into the art of creating a vision statement and how leading brands across the sector have expressed theirs.
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News
Holbrook named Retailers’ Retailer of the Year
Jane Holbrook, who stepped down as chief executive of Wagamama at the turn of the year, has been voted by her peers as the industry’s most outstanding operator of the past 12 months.
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Analysis & Insight
Thai restaurant chains leading on rate of growth
The number of chain Thai restaurants have more than doubled over the past five years to December 2018 – up 123%, to 147 sites, with the Asian sector “ripe for further M&A activity”, according to CGA and AlixPartners’ latest Market Growth Monitor.
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Analysis & Insight
Analysts Corner: Irvine-Fortescue on UK pubs & restaurants
Mark Irvine-Fortescue, who recently joined Stifel from Panmure Gordon, writes that in a lacklustre operating environment, pub and restaurant equity performance will be driven by companies’ ability to flex balance sheets, as the US investment bank relaunches coverage of the UK leisure sector.
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Opinion
Taking a Fresca look at Carluccio’s 2.0
Carluccio’s post-CVA Fresca programme – designed at reconnecting with the modern consumer base – is currently being trialled at its Richmond restaurant. MCA market insight director Steve Gotham visited the site to give his view on the progress and what lessons for the wider casual dining market can be taken away.
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Analysis & Insight
Big no longer beautiful among casual restaurant brands?
Are the days of restaurant brands growing to 100+ sites really over? MCA’s market insight director, Steve Gotham, takes a look at what can be learnt from the chains that have already surpassed this milestone and who has the potential to be the next centurion of casual dining.
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Analysis & Insight
Wagamama named customers' favourite in 'fundex'
Wagamama has been rated as the UK’s favourite eating out brand in a major survey of the customer journey by OC&C management consultants.
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News
Wagamama US is “subscale operation”
The Restaurant Group has said Wagamama’s US arm is a “subscale operation” and a strategic review is required to assess future plans.
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Opinion
Analysts corner: JP Morgan on TRG
On the back of The Restaurant Group’s full year results this morning, Alexander Mees at JP Morgan gives his views on what has been a busy few months for the operator.
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News
TRG returns to lfl growth
The Restaurant Group (TRG) ended 2018 with like-for-like sales (lfls) down 2%, but has this morning reported a rise in the 10 weeks to 10 March of 2.8%.
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Analysis & Insight
Analysts corner: Goodbody on TRG
Paul Ruddy, of Goodbody, poses some key questions about The Restaurant Group, ahead of their trading update on Friday.
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Analysis & Insight
We want to be together
With the wider issues facing the market, many believe the UK’s eating and drinking-out sector is ripe for consolidation. However, does it work for everyone involved and, in current conditions, is it a case of looking outside the box for the best partner for your business, asks AlixPartners’ Graeme Smith
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News
Weekend press round-up 9-10 March 2019
Tortilla exploring options The restaurant chain Tortilla has been placed on the block by its backers, including the private equity firm Quilvest. The Mexican food chain, which is opening its 37th UK site this week, has appointed advisers from Spayne Lindsay. Sunday Times HSBC chokes on ...
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Analysis & Insight
The age of deliverance
Three years ago, a group of operators came close to forming a syndicate to control the delivery side of their businesses, in the face of growing influence among the ‘disruptors’. Fast forward to 2019 and Deliveroo has introduced a wave of its own virtual brands into its Editions programme and is also thought to be close to securing its first bricks and mortar site in the UK. Meanwhile, Uber Eats is believed to be trialling integration of its taxi fleet into its food delivery operation. With this often fraught relationship seemingly reaching boiling point, MCA editor James Wallin asks if the time has come for operators to take back control. With comment from MCA’s contributing editor, Peter Martin, on why ownership of technology is key to this power struggle.
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Opinion
Mind the gap
Mental health support for employees has gone from being a rarity to an integral part of a company’s people culture in just a few short years. Jo Bruce looks at the different ways in which operators are focussing on the wellbeing of their employees. Including contributions from Wagamama, New World Trading Company, BrewDog and M Restaurants, among others
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Opinion
Twists and turns
The casual dining sector was once again in the spotlight for the wrong reasons yesterday with the confirmation from Boparan Restaurant Group that it was seeking a Company Voluntary Agreement for its Giraffe and Ed’s Easy Diner brands. James Wallin asks what the decline of the two brands says about the wider casual dining contraction. Meanwhile, with Steve Richards departure from CDG, the two biggest players in the casual dining market are now without long-term leadership. Who would be willing to take on these mantles, and what would their strategies be?
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News
Azzurri named casual dining group of the year
Azzurri Group, Wagamama, Oakman Inns, The New World Trading Co (NWTC), Dishoom and The Alchemist were among the winners at the Casual Dining Awards yesterday.
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Analysis & Insight
SRA says sector must ‘turbo-charge’ efforts on sustainability
The Sustainable Restaurant Association (SRA) has said the UK foodservice sector must “turbo-charge its efforts” on sustainability, in order to tackle climate change and environmental damage, in a new report published today.
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Opinion
Pret: 'They've got so much credit in the bank'
Pret A Manger was voted most of admired brand by its peers in MCA’s Top of Mind for a tenth year in a row. Finn Scott-Delany finds out what makes it so appreciated by its peers.