All articles by Georgi Gyton – Page 11
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NewsThe Alchemist to build presence in London
The bar and restaurant group has lined up two locations in the capital, near busy transport hubs, and is committed to locations that “will really sing” CEO Simon Potts tells MCA
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Analysis & InsightPubs and bars see bank holiday boost
Transactions in pubs and bars were up 27.3% over the late May bank holiday weekend, as consumers made the most of the warmer weather
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NewsKFC to roll out youth employability programme
The fast-food chain has set itself a goal that, by 2030, a third of new hires will be young people aged between 16 and 24 who face barriers to employment
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Analysis & InsightEating out market forecast to grow 4.6% in 2023
The total UK eating out market is forecast reach a value of £95.2bn this year, Lumina Intelligence’s new UK Eating Out Market Report has revealed.
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NewsFood inflation falls for first time in two years
Milk, butter and fruit have seen a reduction in inflation – which fell to 15.4% in May, from 15.7% in April, according to the latest figures British Retail Consortium and Nielsen
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NewsLow levels of optimism by hospitality leaders
Less than a third (29%) of hospitality leaders are optimistic about the future of their business over the next 12 months, due to high energy and food costs, a new survey has found.
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NewsNeat Burger valued at $100m
The London-based vegan fast-food chain, backed by Lewis Hamilton, has boosted its valuation in a new funding round aimed at fuelling US expansion
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NewsWhitbread exploring sale of restaurant brands
The FTSE100 business is understood to be exploring the potential sale of its Beefeater chain and its other restaurant brands in order to focus its efforts on its hotel chain Premier Inn.
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InterviewsInception Group: ‘The roaring 20s will come again’
Co-founder Charlie Gilkes speaks to MCA about the London bar group’s ideas for new concepts, opportunities to grow existing brands, and its mission to create memorable experiences
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NewsGreggs partners with Sainsbury’s on concession
The two retailers will share space on the forecourt at Sainsbury’s petrol station in Biggleswade, with further openings planned across the UK this year
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InterviewsPoke House: ‘Investment will kickstart UK expansion’
The international poke brand is looking to build on the nine locations it has in London, including new sites in the suburbs, its UK co-country head tells MCA
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NewsNew government skills fund set to benefit hospitality
Launched by the Department for Education, the new £165m fund is designed to transform skills training in local areas and help get more people into jobs closer to where they live.
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Analysis & InsightLondon sees continued recovery in sales
Managed restaurant, pub and bar groups in the capital achieved year-on-year sales growth of 10.4% in April 2023, just ahead of inflation, the latest Coffer CGA Business Tracker has shown.
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NewsRare Restaurants achieves 30% rise in like-for-likes
The 23-strong restaurant group reported a 38% increase in group turnover in the year to 1 January 2023, versus 2022, with several new openings over the period
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InterviewsBoom Battle Bar: ‘The aspiration is to open many more’
Richard Harpham, CEO of parent company XP Factory speaks to MCA about the long-term growth plans for concept, the development of its food offering and why Boom Battle operates in a sweet spot
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NewsWimpy UK sees 6% rise in revenue
The fast food chain, owned by South African company Famous Brands, achieved revenues of approximately £5.9m in the year to 28 February 2023
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Analysis & InsightFood to go: What’s inspiring spring/summer NPD
MCA explores the trends influencing the new spring/summer launches from the UK’s leading food to go brands and how they stack up against competition from the grocery retailers.
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InterviewsSimmons Bars: ‘We’re planning to start national roll-out next year’
The group will open its 26th site in June and has four more in legals, including its first outside central London, CEO Nick Campbell tells MCA.
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NewsI am Döner signs forecourt franchise deal
The agreement with Four Crosses Filling Station Limited, facilitated by Seeds Consulting, will see first I am Döner open on a roadside forecourt, in Windsor.
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NewsInception Group secures £6.7m loan to support expansion
The experiential bar group – winner of Best Pub/Bar Company at MCA’s Retailers’ Retailer of the Year Awards this year – is soon to open its 14th location, Mr Fogg’s Hat Tavern and Gin Club, in Soho