All articles by Shwetali Sapte – Page 29
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NewsGreene King to hold talks over slavery reparations
The pubco is to hold a meeting with officials from Caribbean nation Kitts and Nevis, who have asked for reparations over Greene King’s founder’s links to slave trade
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NewsLicensed Trade Charity appoints Chris Welham as CEO
Welham, who has worked in hospitality for over 27 years, will succeed current CEO Jim Brewster at the beginning of March
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NewsWingstop plots biggest year of expansion
The wing concept announced its biggest openings pipeline since its UK debut in 2018, with nine new locations to open this year and a further six under negotiation for 2024
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NewsFarmer J secures £5.5m investment
The funding round, led by venture capital firm Beringea, will aid the London-based concept to expand within the UK and launch internationally
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InterviewsUrban Greens encouraged by return of City workers
The London-based salad concept Urban Greens will open two of its next three sites in the capital’s financial district, encouraged by strong mid-week sales
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NewsLoungers celebrates 250 sites
The all-day concept opens its 250th site - Pionero Lounge in Rochdale - today, and remains on track to open 34 sites in the current financial year
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NewsBuns From Home promotes Shereen Ritchie to CEO
Ritchie, who joined the London bakery chain as COO eight months ago, has taken the helm as Buns From Home gears up for further expansion
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InterviewsCaravan: ‘All welcome’ has been our north star from day one
As part of a a series of finalist profiles for the Diversity Leadership award at MCA’s Hospitality Awards, CEO Laura Harper-Hinton tells us how Caravan has always been a melting pot
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NewsLucky Voice marks best ever Christmas
The karaoke concept achieved sales growth of 48% in the four-week period leading up to Christmas, compared to 2022, while like-for-like revenue was up 11%
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InterviewsThe Alchemist: ‘Berlin isn’t a distraction from the UK’
CEO Simon Potts speaks to MCA about a second site in Germany, continued expansion in London, and how new EBITDA records are driving the business
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InterviewsPret: ‘Customers increasingly want to transact with us digitally’
Enhanced tech capabilities will support Pret’s ambitions as it looks to double the size of its business by 2026, according to CEO Pano Christou
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Analysis & InsightUK branded coffee shop market value grows to £5.3bn
The market achieved 9.2% sales growth over the last 12 months and expanded 3.6% to reach 10,199 outlets
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Analysis & InsightNew border checks could cause resurgence in inflation
Food inflation declined to 13.8% in December - but apprehensions are growing as new border checks commence in April
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NewsMarston’s launches new partnership agreement
Called Marston’s Partnership, the new agreement is designed to be designed to be more “transparent and reflective of today’s world” of cost pressures
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NewsFuller’s like-for-likes up 11.5%
Sales during the five-week Christmas and New Year period were particularly strong, up 21.6% against the same period the prior year
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NewsSushiDog secures new investment to finance rollout
Middleton Enterprises has injected its second round of funding, which will be used for four new openings in London as the QSR concept targets 30 sites in five years
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InterviewsRevolution Bars: ‘Good operators are struggling in this market’
While the group remains keen to grow its Peach Pubs and Founders brands, CEO Rob Pitcher calls out the government for its lack of action and investment into the night time economy and younger consumers
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NewsNew FD at Chopstix
Chopstix has appointed Rob King, formerly of Costa Coffee, as finance director as it sets its sights on becoming the largest Asian QSR brand on the continent
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NewsWetherspoon continues to outperform market
Like-for-like sales were 15.2% up in December 2023, with double-digit growth in the 25 weeks to 21 January 2024
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NewsRevolution Bars lowers EBITDA forecasts
Despite strong Christmas trading and the improving like-for-like sales trend through H1, soft January trade - along with higher payroll costs - has led the board to reconsider assumptions of lfl growth