All articles by Shwetali Sapte – Page 30
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NewsFlat Iron breaks December weekly records
Like-for-like sales were up 29.8% during the festive period, with nine of the steak restaurant group’s 14 sites breaking weekly records
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InterviewsWorkshop Coffee sees 40% uplift in wholesale
The specialty coffee roaster’s £1m funding is earmarked for expansion of its B2B sales, as well as capitalising on the direct-to-consumer opportunity, founder James Dickson tells MCA
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NewsCreams menu innovation delivers sales uplift
The dessert cafe chain reported record festive trading, with a 5.8% rise in like-for-like sales, citing the introduction of reimagined classics and hot desserts to its menu
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NewsPopeyes set to double UK estate
With over 30 sites set to open in the next 12 months, including restaurants, drive-thrus, and delivery kitchens, the fried chicken brand looks to cement its presence nationwide
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InterviewsCaravan’s Rising Star takes culture ‘from good to great’
Caravan CEO Laura Harper-Hinton commends people & culture director, Fernanda Antonio, for driving an even more positive culture across the business, as part of MCA’s Rising Star award
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NewsIHOP and Applebee owner eyes UK debut
Dine Brands International is showcasing its dual-branded restaurant concept to potential area developers and master franchisees for the UK market
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NewsPatty & Bun continues to look for growth opportunities
Following a CVA approved in October 2023, the burger brand’s neighbourhood sites and delivery sales continue to perform strongly, according to founder Joe Grossmann
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InterviewsJapes: ‘We’re looking to provide a point of differentiation’
The deep dish pizza concept, which is pioneering a new creation it calls ‘London-style’ pizza, is close to signing its first franchised site as it looks to expand nationwide, founder Alex Aleksic tells MCA
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NewsDeliveroo reports ‘stabilisation’ of consumer behaviour
The UK & Ireland saw year-on-year growth of 7% in gross transaction value, while growth in orders stood at 1% as consumer behaviour stabilised
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NewsMegan’s reports most successful Christmas to date
The all-day restaurant group reported 19.3% like-for-like sales growth and has lined up four openings for this year, remaining on track to deliver £30m in revenue
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Analysis & InsightManaged sector finishes 2023 on a high
Restaurants, pubs, and bars saw sales improve 8.8% during the all-important December trading period, completing a 12-month run of like-for-like sales growth
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NewsIan McHoul steps down from Young’s
McHoul will step down as non-executive director when his second three-year term expires on 23 January, with Aisling Meany taking over as chair of the audit committee
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Analysis & InsightChristie & Co: ‘Equity players are looking at the long term’
Simon Chaplin, senior director of Pubs, Restaurants, & Franchise, speaks to MCA about the 2024 outlook for M&A, the gap in the market for better burgers, and how QSR is stepping in amid the demise of casual dining
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NewsJust Eat order numbers slide
The UK and Ireland saw 1% sales growth in 2023, while total orders were down 2% in the region for the delivery platform
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NewsHospitality vacancies fall to 112,000, but remain higher than pre-Covid
Current vacancies remain significantly higher than the pre-pandemic levels of 89,000 as UKHospitality continues to call for reform of the Apprenticeship Levy
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NewsM&B ‘well positioned’ to grow profitability and market share
Mitchells & Butlers has announced a strong trading performance over the festive season, with like-for-like sales growth of 7.7% in the year to date, increasing to 10.1% over the five key festive days
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NewsRestaurant Brands International to acquire largest Burger King franchisee
Carrols Group, which operates 1,022 Burger King and 60 Popeyes restaurants in the US, will be acquired as part of the ‘Reclaim the Flame’ plan to drive sales growth and profitability
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NewsFat Phill’s set to launch in UK
The Amsterdam-based smash burger concept has signed a franchise agreement with Freshly Baked, Auntie Anne’s UK master franchisee, to open 100 UK sites
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NewsPret reveals first kids’ menu in drive to expand customer base
The food to go chain has launched its first full menu designed for kids aged four to 10 years old as it looks to broaden its offer for families
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InterviewsIncipio Group: ‘There’s a lot of interest in the Pergola concept’
While Pergola Paddington closes this month, the group plans to open more venues under the brand with other sites in the pipeline this year - including its collaboration with Cirque du Soleil