All articles by Finn Scott-Delany – Page 19
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InterviewsKFC expands reach after scaling delivery ‘dramatically’
MD Paula MacKenzie appeared at MCA’s Restaurant Conference where she spoke of how the “muscle memory” of the chicken distribution crisis of 2018 helped KFC deal with the lockdowns of 2020
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InterviewsYoung’s CEO: ‘We’re back’
CEO Patrick Dardis emphasised Young’s strong financial health and said the pub company plans to invest a record £30m capex next year.
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NewsTim Martin: Wetherspoon still a broad church
The Wetherspoon chairman has shrugged off a disappointing trading update, telling MCA he hopes the legacy of the pandemic will be “temporary, not permanent”
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NewsFive Guys: ‘We’ve made a bet on the future’
Five Guys CEO John Eckbert has spoken of the brand’s strategic decision to “accelerate into the chicanes” and capitalise on post-pandemic growth opportunities
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NewsCorbin & King: Life is easier with 100% control
Co-founder and CEO Jeremy King has spoken of the difficult relationship with his investors, saying life was “utopian” when he had control over his own restaurant group.
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InterviewsJeremy King: ‘For things to remain the same, everything must change’
Hospitality sage Jeremy King evoked Italian literary classic The Leopard at last week’s Restaurant Conference, as he urged the industry to be less resistant to change
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NewsPortobello acquires 12-strong pub package
The Zetland Capital backed platform has announced the acquisition of 12 freehold pubs across the London villages and suburbs
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NewsItsu ‘courageously’ expanding its reach
Property director Vishal Talreja has hailed Itsu’s partnership with Pizza Hut Restaurants for unlocking access to new areas such as retail parks and market towns
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NewsPopeyes hope to ‘break the internet’ in the UK
The team behind Popeyes see the UK market is the most exciting new international territory for the fried chicken brand, MCA’s Restaurant Conference has heard.
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NewsValiant Pub Co acquires 17 pubs from SA Brain
Valiant was co-founded by Gerry Carroll and Mark McGinty, the founders of Hawthorn Leisure, and James Croft, formerly of EI Group
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OpinionGoing public
Having been dominated by private equity, established restaurant brands are increasingly considering the public markets as an option for growth.
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NewsBoost Juice settles £6m in loans
Parent company TD4 Brands has reached an agreement with its funder BGF to settle its outstanding loan notes
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InterviewsUrban Pubs & Bars to 'double in size' by spring
The London-based pub, bar and restaurant group yesterday announced it had acquired 13 sites from Barworks
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NewsBudget: Draught relief cuts duty by 5%
There was caution over the detail of the policy, which is understood to apply to kegs of 40 litres or more
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NewsWhitbread to pay staff £10m bonus
The sum is in addition to a previously announced investment in Whitbread’s pay, at a cost of £12m-13m
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InterviewsBella Italia to be more 'grown up and sophisticated'
The Big Table CEO Alan Morgan has told MCA the “lean and well-resourced group” is ready to get back on the expansion trail, after announcing plans to open 50 new sites.
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Analysis & InsightInjection claims remain a ‘mystery’
MCA hears why there needs to be a calm examination of the facts amid the panic over claims of spiking by injection in nightclubs
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NewsSourced Market MD departs
Scott Macdonald has left to join Fego Restaurants as interim MD after two and a half years with the premium retail and cafe concept.
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NewsRed Oak secures growth capital
Red Oak Taverns has secured a £15m acquisition facility with OakNorth Bank, which will fund the pub operator’s acquisition of nine pubs from Hall & Woodhouse earlier this year
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NewsProperty market is ‘once in a lifetime opportunity’ for Tortilla
Torilla CEO Richard Morris has told investors the fast-casual brand’s pipeline is as “strong as it’s ever been”, as it capitalises on property costs which are 20%-30% down.