All articles by Shwetali Sapte – Page 31
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News
Noble Hospitality unveils expansion roadmap
The group behind Angus Steakhouse, Chotto Matte, Steak and Company, and Alley Cats Pizza has appointed Paul Sarlas as CEO
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News
Laine Pub Company delivers ‘credible’ performance
Despite the impact of challenging trading conditions, the 56-strong pub operator reported a rise in revenue to £52.7m in the year to August 2023
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Analysis & Insight
Mid-market casual dining will continue to struggle
Pre-Covid overexpansion, challenging trading conditions, and changing consumer habits have resulted in a -5.3% drop in Christie & Co’s restaurant price index
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News
Home Office visa plans could be ‘nail in the coffin’ for hospitality
Many in the sector feel that new government policies to cut migration prioritise political calculation over economic realism, The Guardian reports
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News
Marlowe’s Burger makes MD appointment
The five-strong burger takeaway chain has appointed Carl Traill, formerly of Miss Millie’s, Burger King UK, and Punch Taverns, as MD
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News
Boxpark reports its best ever December
The group reported an 108% increase in corporate bookings, while like-for-like sales were ahead 22% and beat revenue from football screenings in December 2022
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Interviews
Fulham Shore: ‘We’re a long, long way from oversaturated’
CEO Marcel Khan, who took the helm at the Franco Manca and The Real Greek operator last week, speaks to MCA about dialling up expansion, being part of the ‘better pizza’ movement, and how with huge investment comes huge responsibility
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Analysis & Insight
Pub sector continues to demonstrate resilience
Christie & Co has predicted an uptick in M&A activity for the pub sector in the year ahead, as funding becomes less difficult and private equity returns to the market
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News
D&D London: Diverse portfolio shows ‘remarkable resilience’
Compared to the 2022 festive season, the group experienced “healthy growth” in overall revenue and EBITDA, both of which exceeded the prior year and budget
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News
Innovation drives success for The Alchemist
The bar operator reported £59.4m in revenue as it continues to focus on new openings in the UK and overseas, while expanding further in the retail space
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News
Arc Inspirations toasts record December
The premium bar operator reported like-for-like sales in December 2023 were up 19.9% compared to 2022, as it prepares to debut in Edinburgh while eyeing launches in London, Cardiff, and Liverpool this year
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News
Whitbread F&B sales up 6%
Total F&B sales stood at £582.9m in the year to date for the Beefeater operator, with like-for-likes up 6% as the category continues to “perform well”
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Interviews
Greggs: ‘We’re the value player and will continue to be’
The retailer is in the ‘exploratory’ stages of considering international expansion, albeit its plans for upwards of 3,000 shops are focused solely on the UK, according to CEO Roisin Currie
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News
Boparan sees ‘significant potential’ for Slim Chickens
The group also said its brands Gourmet Burger Kitchen, Giraffe, and Carluccio’s all offer long-term growth potential, with GBK and Slim Chickens reporting £49.5m in revenue
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Interviews
JW Lees looks to scale accommodation business
The Manchester-based family brewer and pub operator enjoyed a strong festive season as it focuses on adding rooms while acquiring new sites, MD William Lees-Jones tells MCA
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News
Wahaca returns to expansion trail
The Mexican-inspired group will open its 14th restaurant and first since 2018 in London’s Paddington Square in April 2024
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Interviews
Crêpeaffaire targeting 100-site mark
The crêpe specialist is targeting up to 350 sites in the next five years, including 100 in the UK as it continues its national and international rollout, founder Daniel Spinath tells MCA
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News
Hannah Berry joins MJMK Restaurants
After six months at Azumi Restaurant Group, Berry has been appointed marketing director for the Casa do Frango operator
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Interviews
Black Sheep Coffee trading ‘exceeding all expectations’
The coffee shop operator plans to double down on UK growth this year through franchising, while launching in the US and UAE this quarter, co-founder Gabriel Shohet tells MCA
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Interviews
Publicans brace for Dry January
Wetherspoon chairman Sir Tim Martin has said that Dry January is turning into a “minor cult,” while UKH CEO Kate Nicholls has encouraged people to support their local hospitality businesses