All articles by Finn Scott-Delany – Page 4
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News
Loungers to accelerate to 34 new openings a year
The all-day cafe-bar operator has identified potential for at least 600 Lounges across the UK, as it reports record revenues of £283.5m
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Interviews
Alan Yau: People don’t want to work 40+ hours anymore
The Wagamama founder speaks to MCA about post-Covid working patterns, revisiting his 33-year-old idea of a Chinese QSR chain, and why the generic concept of the restaurateur is dead
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News
Jeremy King reveals new project
The Park will be a 21st Century-style grand cafe & brasserie, and will open in the £500m Fenton Whelan Park Modern building, overlooking Hyde Park
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News
M&B ‘can act like a private equity co’
Mitchells & Butlers chairman Bob Ivell told MCA’s Pub Conference that the 57% ownership by Odyzean enables the managed pub and restaurant company to act with a more long-term approach than its public-listed peers
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Interviews
Alan Yau: ‘Restaurants are too capital intensive’
The Wagamama founder tells MCA about his next venture, a plant-based ramen food product created for retail that builds on the success of the casual dining concept he founded in 1992
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Analysis & Insight
M&A: ‘The best businesses always sell’
Dealmaking activity in the pub sector is expected to pick up in the latter part of 2023, as inflation belatedly begins to come under control, Peter Hansen, partner at Sapient Corporate Finance predicts
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Analysis & Insight
Oakman: £10 pint can’t come soon enough
With inflation a recurring topic at MCA’s Pub Conference, Oakman CEO Peter Borg-Neal said the sector and the public needed to be realistic about the cost of doing business
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Interviews
Selina ‘opportunistic’ about further expansion
The hostel, F&B and co-working concept is nurturing closer connections with local communities, while tapping into lifestyle trends for remote working, travel and wellness
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News
David McDowall brings ‘edginess’ to Stonegate
Chairman Ian Payne praised his CEO for bringing energy and creativity to the pub company after joining in February
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News
Oakman ‘not convinced’ about running smaller pubs
The group has paused growth of Seafood Pubs to focus on its core Oakman Inns brand, CEO Peter Borg-Neal told MCA’s Pub Conference
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News
MrBeast ‘moving on’ from burger brand
The Youtube star, who has around 56 MrBeast Burger virtual restaurant locations in the UK, said the venture had been “terrible” for his wider brand
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News
SK Group plans 30 Domino's in 2023
The Domino’s franchise business, owned by Surinder Kandola, has opened three stores in the last week and 15 this calender year
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News
Dirty Bones sold in pre-pack deal
Hampered by high interest loans and debts to HMRC, founder Jamie ‘Cokey’ Sulkin has acquired three out of six sites under a new vehicle
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Interviews
Tim Martin: My successor won’t be a loudmouth like me
The Wetherspoons chairman, speaking on a panel alongside Ian Payne and Bob Ivell at MCA’s Pub Conference, said succession planing was one of the hardest thing to do in business
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Analysis & Insight
M&A: ‘Confidence is starting to return’
With a recent flurry of transactions including Snowfox’s £491m sale to Zensho Holdings giving a boost of confidence to the hospitality sector, has the dam finally burst on the covid-era blockage of M&A deals?
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Interviews
Imbiba ‘obsessed’ with the longevity of experiential leisure
Managing partner Darrel Connell tells MCA that, like casual dining, experiential leisure concepts must update and evolve to remain relevant to consumers
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Interviews
Mowgli: Lots of whitespace to grow in UK
Founder and CEO Nisha Katona talks to MCA about growing her Indian restaurant group – and the potential to go global under backer TriSpan
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Interviews
Stonegate: ‘It’s our job to be restless and stay at the leading edge’
In his first major interview since joining Stonegate as CEO, David McDowall sits down with MCA to share his own bar to boardroom journey, his plans for innovating and refreshing across the estate, and why he remains optimistic despite the sector enduring a “bloody hard time”
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News
David McDowall: Stonegate to become ‘more focussed’
The new CEO told MCA under an evolved strategy, the wet-led pub company needed to adapt to movements in the market and listen to customer demands
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Interviews
Liberation Group: ‘Drink is really coming back’
CEO Jonathan Lawson speaks to MCA about a return to pre-Covid drinking behaviours, driving higher EBITDA per pub, and enhancing the food and drink offer at the Cirrus Inns estate