All articles by Shwetali Sapte – Page 21
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NewsDiageo ‘well positioned’ to outperform market
CEO Debra Crew said that while consumers continue to be cautious in a challenging global environment, the drinks giant is focused on becoming a more resilient business
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NewsJonathan Fearn joins Greene King as CFO
Fearn, formerly of Sainsburys, Tesco, and Coles Supermarkets, replaces Richard Smothers, who will support the business in an advisory role following his retirement
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NewsAll brands in growth at M&B
Mitchells & Butlers reports like-for-like sales growth of 5.2% in its full-year results, with sales growth remaining ahead of the market in Q4
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NewsIn pictures: Giraffe unveils new Manchester Airport venue
The new restaurant, designed in partnership with Harrison, marks continued expansion within travel hubs, with Giraffe now present in over 10 airports globally
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Analysis & InsightRestaurants achieve strong summer of delivery sales
Year-on-year increases in deliveries have been comfortably above the rate of inflation throughout 2024, according to CGA by NIQ
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NewsCAMRA appoints new chairman
Ash Corbett-Collins has served as vice chair since November and replaces Nik Antona, who will step down due to ill health after more than five years with the organisation
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NewsStonegate partners with remote working app
More than 700 of the pubco’s venues will be available to book through the Reef app, which charges remote workers a monthly or annual subscription fee
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NewsWingstop UK appoints new head of acquisitions
Adrian Saunders, who has previously worked with The Restaurant Group and Byron, will play an integral part in Wingstop’s expansion drive
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Analysis & InsightA fresh start for Frankie & Benny’s
MCA visits the Italian American concept’s newly revamped outpost at The Strand to explore whether the new direction and brunch can re-energise the legacy brand
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NewsFive Guys UK revenue surges past £300m
The group reported £316.4m in revenue in 2023, alongside total revenue of £542.9m for its European operations as it continues its rollout across the continent
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NewsOle & Steen: ‘The focus is to be a whole lot better’
Chairman David Campbell said the bakery chain will prioritise its hub-and-spoke model, as well as travel hubs, upon its return to the expansion trail - but will first maximise existing stores
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NewsPho sales top £70m
The TriSpan-backed Vietnamese restaurant group achieved like-for-like sales growth of 5.2% in FY24, with two openings in the pipeline
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring Urban Pubs & Bars, Pasta Evangelists, Popeyes, PizzaExpress, and more
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NewsPure to expand reach through retail, catering and wholesale
CEO Spencer Craig said the healthy food-to-go chain is unlikely to go for national expansion through bricks-and-mortar, instead growing the other aspects of its business
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NewsKaren’s Diner UK arm enters into administration
The Australian restaurant chain, which is famous for staff who are deliberately rude to customers, has reported ‘mounting financial pressure’ resulting in the closure of its UK operations
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NewsChaiiwala signs deal with EG Group
The agreement will see Chaiiwala significantly expand its drive-thru estate over the next three years, as the Indian street food concept looks to pass the 400-site mark
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NewsGreene King to launch new experience-led dining destination
HighTales will open in Stoke-on-Trent following a multimillion-pound refurbishment to create ‘experience-led’ zones, including cinemas and pop-up food trucks
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InterviewsComptoir Group: ‘We’re starting to see the sales come through’
The Comptoir Libanais operator is beginning to see the success of its investments into the business as it explores further opportunities for growth, CEO Nick Ayerst tells MCA
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NewsWells & Co COO to depart amid restructure
Shirley Couchman’s departure is a “joint decision that comes as part of restructuring efforts to align the business with the current market landscape,” CEO Peter Wells tells MCA
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InterviewsArc Inspirations considers new smaller format
The bar group is exploring acquisition opportunities and new concepts as it looks to reach the 50-site mark by 2030, while upping the experience-led elements of its business, CEO Martin Wolstencroft tells MCA