All articles by Shwetali Sapte – Page 19
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News
New head of growth at Pasta Evangelists
Axel Bret joins from Starbucks, after MCA revealed late last year that the direct-to-consumer business will begin rolling out customer-facing pasta bars across London
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News
Krispy Kreme sees fall in UK volumes
Lower volumes more than offset strong sales in Canada and Mexico, leading to a decline of 50 basis points in adjusted EBITDA margins for the international segment
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Interviews
Mission Mars sees potential for 50 Albert’s Schenke venues
The operator has been focused on Rudy’s Pizza and Albert’s Schloss in recent years - with the latter to soon make its London debut - but its Bavarian tavern concept has just as much potential for growth, CEO Roy Ellis tells MCA
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News
Gordon Ramsay announces largest hospitality investment yet
The chef will open five culinary outlets at 22 Bishopsgate, including Lucky Cat, Chef’s Table, and Bread Street Kitchen, which are set to be London’s highest restaurants
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News
Dishoom confirms two further Permit Room openings
The drinks-led concept will open in Oxford and Cambridge this year, offering unique cocktails and a range of ‘drinking food’
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News
WatchHouse exceeds crowdfunding target by 723%
The specialty coffee concept has closed its crowdfunding round after raising £7.2m from 1,432 investors, exceeding its target of £1m
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News
Experiential offer drives robust growth for XP Factory
Like-for-like sales were more than 11% up for both the Escape Hunt and Boom Battle Bar brands, with the group reporting turnover of £57.8m
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News
Challenging trading conditions persist for Brighton Pier Group
The group’s full year update reports softened consumer demand - most notably in the Bars division - as well as poor weather and train strikes impacting footfall during key trading periods
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News
Wetherspoon: Profits expected towards top of market expectations
The pubco has reported a 5.2% uplift in like-for-like sales in the 13 weeks to 28 April 2024, with Guinness, wine, and coffee all performing strongly
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Interviews
Wimpy: ‘We’re proud the brand is still here today’
As the fast food chain celebrates 70 years this month, it continues to target buoyant high street locations for expansion, general manager Chris Woolfenden tells MCA
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News
Atis lines up five openings
The salad concept will open a flagship store on Regent Street this June and plans to double its estate to 10 sites across London by year end
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News
Openings of the week
MCA rounds up this week’s biggest openings stories, featuring Wagamama, Ecti Mehmet, Greene King’s 50th Hive pub, and more
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Longreads
Mass market meets speciality: the rise of the challenger coffee shop brands
In the latest in a series of immersive, innovation-focused long reads, MCA explores how an emerging generation of upscale coffee shop operators are looking to reshape the mainstream market
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Analysis & Insight
Wagamama goes back to its roots for new summer menu
The new menu leans heavily into lesser known Japanese-inspired dishes, as well as featuring on-trend ingredients like yuzu throughout while playing with textures
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News
Wendy’s aims for 400 UK restaurants
The fast food chain expects to have up to 50 sites by the end of the year, with the UK serving as a ‘key strategic market’, according to CEO Kirk Tanner
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News
Starbucks sees sales dip
The coffee giant, which revealed plans earlier this year to open a further 100 stores in the UK, has reported a 4% decline in global comparable sales in Q2
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News
City Pub Group sees 20% uplift in like-for-likes
The group, which was acquired by Young’s in a deal completed earlier this year, reported total group revenue of £74.5m in 2023 and a ’fantastic’ sales performance over the festive period
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News
Revolution confirms ‘exploratory’ meeting with Nightcap
Revolution confirmed the group has explored a range of possible transactions, following a Sky News report that claimed both Rekom and Nightcap have expressed interest
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Interviews
BabaBoom: ‘It’s a good time to take the brand to the market’
MD Graham Ford speaks to MCA about the sales process and the scalability of the QSR format, as the Eve Bugler-founded kebab concept looks for a buyer
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News
Yum! Brands trialling more than 40 AI initiatives
The group has reported a 1% decline in KFC UK sales but continues to see opportunity for more than 50,000 restaurants globally, as it looks to become the ’leading digital restaurant company’