All articles by Shwetali Sapte – Page 31
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News
Thai Leisure Group reports ‘solid and stable’ sales
The casual dining operator credits “adept marketing and refined brand positioning” for ensuring its Chaophraya and Thaikhun brands remain relevant and attractive in the current market
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News
Caravan attains B Corp certification
The founders credited sustainable coffee sourcing programmes, energy-efficient roasting, and charity partnerships as important factors behind its strong scores
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News
Adnams secures interest from multiple parties
The Suffolk brewer has made progress in its review of options to fund future growth plans, and continues to outperform the market in beer volumes and sales
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Analysis & Insight
Is New York-style pizza the next big thing?
As Domino’s gets on board with the trend, MCA looks at emerging brands like Alley Cats and Crisp, and asks whether New York-style could dethrone Neapolitan as the reigning trend in the category
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News
Popeyes celebrates 50-site milestone
The chain has announced its 50th UK opening on Glasgow’s Sauchiehall Street, and remains on track to double its estate this year
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News
Drop in inflation ‘strongest signal yet’ to cut interest rates
Trade bodies have renewed calls for any incoming government to prioritise reducing the cost burden on the hospitality sector
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Analysis & Insight
Consumers continue cutting back on restaurants and takeaways
New figures from KMPG show four in 10 households are reducing non-essential expenditure, despite a drop in inflation this year
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News
Daniel Thwaites achieves 6% growth
The pub operator credited the positioning of its managed properties towards more premium segments, as well as the resilience of its tenanted community pubs
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Interviews
Young’s: ‘The £10 pint remains far off for us’
CEO Simon Dodd speaks to MCA about how caution around pricing has helped drive returns, alongside a long-term strategy of investing in pubs, the offer, and people
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News
In pictures: GDK’s ‘Doner Worthy of the Daylight’ campaign
The campaign looks to transform the perception of kebabs as a late night snack or guilty pleasure
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News
Costa unveils new store design
Reopened after a major refurbishment, the coffee giant’s Tooley Street site now features touchscreen ordering systems, a modern seating area, multiple charging points, and a refreshed counter space
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Interviews
Whitbread restaurant exit plan ‘bang on’ target
The group has seen interest for the majority of its 126 restaurant sites currently on the market, and remains pleased with progress, according to CEO Dominic Paul
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News
Union to hold demonstration at Whitbread AGM
Unite claims Whitbread has refused to consult with the union and answer questions on the redundancy process, following the group’s announcement to cut 1,500 jobs
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News
Whitbread restaurants report slow first quarter
The Beefeater and Brewers Fayre operator reported strong breakfast sales driven by high occupancy in hotels, but offset by softer trading in branded restaurants
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Interviews
McMullen’s: ‘The year is going incredibly well’
Halfway through 2024, the pub operator is seeing the volume growth it wants to see - off the back of breaking the £100m sales milestone in 2023, MD Heydon Mizon tells MCA
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News
Lane7 gears up for international debut
The 13-strong experiential concept, which is targeting 50 sites in the UK, will launch one site in Berlin and two in Dublin later this year
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Analysis & Insight
Colliers criticises ‘lacklustre’ manifestos over business rates
The Conservatives’ proposal does not mention tackling the multiplier or relief system, while Labour displays a ‘frustrating’ lack of clarity, according to John Webber, head of business rates
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News
Red Engine partners with Loyola Group
The partnership will see the Flight Club and Electric Shuffle operator introduce its social darts concept to Ireland, beginning with a Dublin launch by early 2025
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News
Revolution to proceed with restructuring plan
All resolutions were passed at the group’s general meeting on Friday, with Revolution now seeking the sanction of its restructuring plan
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News
Openings of the week
MCA rounds up this week’s biggest openings stories, featuring The River Cafe, Humble Crumble, Shoryu Ramen, Mr Porter, and more