All articles by Finn Scott-Delany – Page 3
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News
Itsu snaps up Jason Cotta
The former Ole & Steen CEO joins itsu as chief growth officer, as the healthy eating brand plans to open 20 new locations in 2024
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Interviews
M&B: ‘All parts of the market are recovering’
CEO Phil Urban speaks to MCA about making 20-30 conversions to Ego, why Nicholson’s is the top-performing wet-led brand in the stable, and how its new smokehouse concepts is inspired by Old Orleans
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Interviews
David Page: ‘I haven’t done any work since 1986’
Following his successful exit from Fulham Shore, which saw him bank £16m, serial entrepreneur David Page insists he has not managed any of his exits successfully and reveals more about why he wants to make it fourth time lucky with another restaurant investment vehicle
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Analysis & Insight
Raising a glass to Ian Payne for a lifetime in pubs
As the Stonegate founder and chairman announces his retirement, MCA pays tribute to a 50-year career operating, buying, selling and chairing pubs
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Interviews
Admiral Taverns on the virtuous circle of its licensee-centric approach
As the the community pub company grows revenues by 18% to £182m, CEO Chris Josey hails the benefits of a supportive relationship with its publicans
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Analysis & Insight
Why is McDonald’s being targeted by Pro-Palestinian protests?
As militant activists target potent corporate symbols over their perceived political alliances, MCA explores the PR tightrope brands must walk during such a bitter partisan conflict
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Interviews
State of Play Hospitality and the ‘massive opportunity’ for Hijingo
CEO Toby Harris speaks to MCA about the national and international potential for the bingo concept, an all-new digital gaming platform for Bounce, and why America remains the core strategic focus for the group
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News
Revolution sales hit by ‘affordability issue’
Revolution Bars Group’s eponymous brand has been impacted by its 18-25-year-old demographic being disproportionately affected by the cost-of-living pressures, CEO Rob Pitcher tells MCA
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News
Revolution sees Peach Pubs boost
The bar and pub group grew turnover to £150m, but a challenged late-night bars sector left like-for-like sales down -8.7%
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News
Burger King UK secures £35m investment
The Burger King master franchise business secured new funding from existing backer Bridgepoint, while confirming plans to add over 60 restaurants over the next two years. Meanwhile 2022 revenues were up 39% to £294.5m
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Analysis & Insight
TRG/Apollo: ‘It’s rather cheap’
Following a bid for The Restaurant Group to be taken private by US private equity giant Apollo Global Management, MCA hears from analysts and commentators about their verdict on the proposed £506m cash deal
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News
TRG to be taken private in £506m deal
The Restaurant Group has reached an agreement with Apollo Global Management for an all cash acquisition, representing an EBITDA multiple of x9
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Interviews
Honest Burgers: ‘We have QSR firepower’
As the burger brand launches a crowdfund to support its new premium QSR concept Honest Smashed, CEO Frank Hayes explains how the new format is built for speed and maximum output to compete with the likes of Five Guys and Shake Shack
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News
Patty & Bun CVA approved
A majority of 84.3% creditors voted in favour of the Company Voluntary Arrangement, with 15.6% against, after some modifications were made
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News
Comptoir counts cost of ‘exceptional challenges’
The Lebanese-inspired restaurant group blamed cost of living pressures, inflation, rail stikes, poor weather and a lack of state support for a decrease in profits
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Interviews
Amber Taverns open to equity investment
The wet-led community pub operator is benefiting from a struggling high street retail sector and high interest rates as it builds its pipeline
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News
YO! returns to profit
The sushi restaurant and supermarket kiosk operator saw a strong rebound in footfall post-pandemic, with adjusted EBITDA increasing to £7.4m
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News
Chick-fil-A announces UK return
The fried chicken chain will relaunch in 2025 with an initial five sites, following its departure in 2019 amid LGBT protests
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News
Amber Taverns plans 14-16 new openings this year
The community wet-led pub operator reported a 70% increase in revenue to £95.7m in FY2023
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Interviews
Loungers: ‘We must remember what it’s like to be a small business’
As the all-day operator marks the milestone of 200 sites under its Lounge concept, chairman and co-founder Alex Reilley speaks to MCA about the big target of reaching 600 locations, and how the business’ leaders are adapting to a larger profile as the company expands its footprint in high streets across the nation