All articles by Finn Scott-Delany – Page 12
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News
Openings of the week: Harts, Big Smoke, Acai Berry
Harts Group revealed details of its new Borough Yards wine bar, Daskal, while two new desert concepts were announced for Wardour Street in Soho
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News
F&B sales at Whitbread ‘slow to recover’
The Beefeater and Brewers Fayre operator hopes the rollout of new menus and targeted marketing initiatives will drive an improvement in sales
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News
Roger Wade to step down from Boxpark
The founder is handing over to MD Simon Champion and COO Ben McLaughlin, and will stay on as a brand consultant and NED
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News
Loungers delivers records sales
The 164-strong cafe-bar operator continues to “significantly outperform” the market, with like-for-like sales up 17.7% in the 40 weeks to 20 February
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News
Black Sheep to double estate this year
The coffee shop operator has 51 sites in the pipeline which were agreed pre-pandemic, with around half to go to franchisees
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News
Adventure Bar Group hits targets ‘well ahead of time’
The strong performance means owner Nightcap will issue an additional 7.1m in earn out shares to the founding management team of the business
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Interviews
Halo Burger gears up to become scale ready
The vegan fast food brand, which is launching a crowdfunding campaign on Seedrs, will take inspiration from Tesla as it seeks to disrupt the QSR burger market
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Interviews
Henry McGovern: ‘Gail’s can be an iconic British brand’
The Gail’s Bakery chairman and AmRest founder tells MCA he believes there is scope to double or triple the the brand’s presence in the UK, following its Deal of the Year win at the Retailers’ Retailer Awards
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News
Adnams rewards loyal staff
The Suffolk-based brewer, pub and hotel operator is repaying staff who took salary reductions during the pandemic
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News
Starbucks turnover up 35%
The UK business, which reported profits of £7.9m in 2021, said its recovery had been driven by strong drive thru and delivery sales
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News
Burger King eyes ‘significant growth’ in 2022
UK chief executive Alasdair Murdoch told MCA that drive-thru remained a key area of growth for the brand, while dark kitchens were being used as a way of increasing market penetration
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News
Jeremy King loses control of Corbin & King
The respected restaurateur said investor and rival Minor International had made the winning bid for the portfolio in the early hours of the morning. He said it remained to be seen how the transition would be effected, but that he assumed Minor would take control of the restaurants
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News
Pub operators ‘feeling the squeeze from all sides’
The price of a pint at the bar is set to be hard-hit by inflation in the coming months, according to estimates from sector leaders
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News
Portobello builds base in the south
Having acquired five pubs on the South Coast, Portobello Starboard chairman Mark Crowther told MCA it gave the company scale to pick up further sites in the region
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News
Coco di Mama travels same road as Leon and Pret
As it continues to diversify away from its central London heartland, the Azzurri Group brand is trialling a pasta counter at Roadchef’s Norton Canes service area, and looking at various other opportunities in airports, train stations and commuter towns, MD Jim Attwood told MCA
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News
Coco di Mama to make travel hub debut
The trial with Roadchef marks the next step in an evolution for the brand, which has diversified into new sales channels during the pandemic
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Interviews
Red Oak Taverns: ‘We’re ready to push the accelerator’
CEO Mark Grunnell told MCA he would be “very disappointed” if the tenanted pub company did not beat its 2021 openings tally of 34 pubs this year
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News
Spring statement: Little meaningful support
The much hoped for extension of a lower rate of VAT for hospitality business failed to materialise in the Chancellor’s spring statement, with industry describing the decision as a “missed opportunity”
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News
Stonegate to press ahead with capex programme
Chief executive Simon Longbottom said the group is “in great shape” and that its conversions to its managed estate are delivering promising results
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Interviews
TRG: We won’t take customers for granted
Following The Restaurant Group’s full year results, CEO Andy Hornby tells MCA how delivery has plateaued at Wagamama, why he’s cautiously optimistic about the revival of concessions, and why the group won’t be hiking prices in line with inflation