All YO! Sushi articles – Page 3
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NewsSushi sales up at Yo!
Yo! Has reported a 69.6% group sales hike to £152.5m for the year ending 27 November 2018. It said the figure reflected Yo!’s “strategic pivot” with the acquisitions of Bento and Taiko, while the business had been “further diversified” by its merger with SnowFox, the second largest sushi kiosk company in the US.
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OpinionDominic Walsh: A tale of three leaders
In the latest of his monthly columns, Dominic Walsh takes a look at the conduct, successes and failures of several high-profile figures in the sector, and shares a story of an unfortunate seating arrangement at the tennis.
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NewsDeliveroo offers 25% discount on Fridays
Deliveroo is offering consumers a 25% discount from 2,500 restaurant operators each Friday in July.
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NewsYO! Sushi to merge with US firm sushi firm SnowFox
YO! Sushi has joined forces with one of the US’s largest operators and owners of franchised sushi kiosks in a deal that gives the combined group an enterprise value of $400m.
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Analysis & InsightGoing Global: All gone to look for America II
In the second of a two-part column on expansion in the US, Jasper Reid looks at the possibilities for operators in the home of the brave – just don’t forget to swot up on the costs and logistical hurdles you’ll face.
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News
Imbiba appoints Sherlock as property director
Imbiba, the specialist hospitality investor, has appointed Kieran Sherlock as a property director, MCA understands.
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NewsWahlburgers targets 15 UK sites in five years
Wahlburgers, the burger concept from the family of Mark Wahlberg, is planning to open 15 restaurants in five years in London and the wider UK, MCA has learnt.
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NewsMay 2019
This month’s print edition of MCA examines the challenges associated with the proposed increase in the minimum wage. We hear from senior sector figures that the Government needs to propose a joined-up solution to ensuring fair pay for all. We also speak to the chief executive and chairman of Loungers about their IPO and why they are certain it will not change the company culture. We are also profiling Taco Bell as the US giant makes it second time lucky in its bid to expand across the UK. Established operator YO! Sushi, meanwhile, is reinventing itself to appeal to an evolving consumer basis, chief executive Richard Hodgson tells us. Plus, we kick off our series of features with the winners of the 2019 Retailers’ Retailer of the Year Awards by interviewing the founders of Caravan.
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NewsYO! launches sauce range with Tesco
YO! has broadened its retail offer with the introduction of a rage of sauces with supermarket chain, Tesco.
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OpinionConveying a fresh brand message
YO! chief executive Richard Hodgson talks to Dominic Walsh about the continued evolution of the company, as it continues to branch out into retail, food-to-go and partnerships. He also discusses international expansion and opening its first restaurant without the brand’s signature conveyor belt.
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Analysis & InsightNPS – A taster menu of brand winners, losers and risers
MCA market insight director Steve Gotham gives an overview of the eating out sector through the prism of Net Promoter Scores, revealing the brands who are truly winning with customers and those still in need of improvement.
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OpinionCoronation street
For any company succession planning is an absolute priority but for founder-led businesses it can present particular challenges. How can you ever replace a founder and how should they be involved in the process? MCA editor James Wallin talks to recruitment experts to get their view on the pitfalls of managing succession. They discuss what the sector can learn from examples such as Loungers as well as examining a high-profile internal promotion yesterday, in James Spragg’s succession to chief executive at Casual Dining Group.
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NewsYO! to drop conveyor belt in some sites
YO! Sushi chief executive Richard Hodgson has described the decision to remove the iconic conveyor belt from some of its restaurants as “probably the biggest thing that’s happened to Yo! since it was founded”.
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OpinionCulture wars
This week Gordon Ramsay’s latest Lucky Cat was slammed for its ‘authentic Asian’ offering, while Aldo Zilli claimed only Italian chefs should cook in Italian restaurants. To help navigate the cultural appropriation minefield, MCA’s Finn Scott-Delany spoke to contributing editor Peter Martin and Mowgli’s Nisha Katona.
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Analysis & Insight
Going Global: All gone to look for America
In the first of a two-part column on international expansion, Jasper Reid looks at the big prize for many operators – cracking the US – with some help from the A-Team of operators.
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NewsYO! Sushi markets sites as part of diversification strategy
YO! Sushi, the Mayfair Equity-backed multi-channel operator, has appointed GCW to market six of its restaurant sites.
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News
BV Restaurant Group launches experiential concept Rebound
BV Restaurant Group has transformed its PizzaStorm site in Wandsworth into a new concept called Rebound.
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Analysis & InsightBig 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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NewsWeekend 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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OpinionA marriage of convenience
Sarah Fox, the former head of restaurants for Hammerson, looks at how the role of F&B in retail has changed over the years and how it has impacted on the relationship between tenants and landlords.