All articles by Shwetali Sapte – Page 32
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Interviews
Fuller’s: ‘Going to the pub is still good value for money’
The return of people to the office has helped drive a double-digit uptick in like-for-like sales - alongside extensive work on menu development and investments into the estate, CEO Simon Emeny tells MCA
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News
Labour pledges to replace business rates system
In its manifesto revealed yesterday, the party said the current system “disincentivises investment, creates uncertainty, and places an undue burden” on high streets
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News
Cornish Bakery secures new funding
The bakery chain, which has more than 60 sites, has secured funding from Virgin Money to support its ambition to double the size of the business
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Analysis & Insight
Brunning & Price named top pub operator
The Restaurant Group’s pub division has topped CGA’s PubTrack rankings and is joined in the top five by St Austell, Hydes Anvil, Youngs, and Everards
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News
Fuller’s reports year of ‘excellent progress’
Revenue rose by 7% to £359.1m while like-for-like sales were up 11% in the year ended 30 March, with the pub operator also reporting continued proactive management of the estate to enhance shareholder value
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Interviews
Jones the Grocer looks forward to ‘healthy future’ in UK market
The Australia-founded all-day dining brand is keen to grow the business in the UK as it launches its first site in Europe in partnership with TRG Concessions, CEO Jon Knight tells MCA
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News
Conservatives pledge to ‘ease burden’ of business rates
The Tory manifesto pledged a £4.3bn rates support package to support high street, leisure and hospitality businesses, while increasing rates for online retail warehouses
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News
Bewiched lines up five openings for the year
The Midlands-based coffee chain opened its second drive-thru this week in Wellingborough, and will open in Northampton Grosvenor, Leamington Parade, and Bedford later this year
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News
Delivery companies ‘killing local restaurants’
The Asian Catering Federation said its members face “exorbitant” commission charges “with a focus on prices rather than quality”
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News
Whitbread workers threaten group with legal action
Workers from the Brewers Fayre, Beefeater, and Table Table brands have claimed poor consultation on planned job cuts and closures
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News
Urban Pubs & Bars looks to double estate
Earlier this year, the group reported a 17% increase in like-for-like sales and a 60% rise in turnover to £52.2m as it looks to build on its momentum
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Interviews
Sukho Group sees 7% like-for-like sales uplift
The Thai-inspired group believes there is potential to further roll out Gai Zaap, its new chicken shop concept, alongside a further two locations to be secured for Zaap Thai, MD Gerrard Marks tells MCA
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Interviews
St Austell: ‘We’re looking for more iconic pubs’
Alongside the top line, the Southwest-based brewer and pub operator has grown market share - and remains on a ‘clear growth agenda’ with a focus on accommodation, CEO Kevin Georgel tells MCA
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News
Stonegate’s MiXR launches in-app sport capabilities
With over 450 pub venues throughout the UK offering sports viewing experiences, the app will help customers find a venue to watch, earn rewards, and complete ‘MiXR Missions’
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News
Kaspa’s sees growth opportunities at home and overseas
The 87-strong dessert parlour chain is to open its first central London unit in Soho, while eyeing further opportunities in the Midlands as well as the Middle East and Ireland, MD Francesco Arcadio tells MCA
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News
KOL and Ikoyi named in World’s 50 Best Restaurants
Owned by MCA publisher William Reed, the World’s 50 Best annual ceremony took place in Las Vegas this week, with MJMK Restaurants’ KOL named at number 17 and Ikoyi at number 42
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News
BrewDog’s James Watt to launch new business
Watt, who currently holds the title of ‘captain and co-founder’ at BrewDog, is to launch a brand-building business called Social Tip this summer
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Analysis & Insight
Euros forecast to drive over £600m in hospitality sales
Hospitality venues are expected to see £613.7m worth of sales – a £172m or 39% increase on the 2022 World Cup - during the Men’s UEFA Euro 2024 campaign
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News
UKHospitality reveals policy recommendations ahead of general election
Key asks include reforming business rates, the apprenticeship levy, and planning rules, as well as reducing VAT and employer National Insurance contributions
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Interviews
Crosstown sees ‘real opportunity’ in direct-to-consumer space
CEO Howard Ebison tells MCA the premium doughnut and coffee concept has always been a destination location for foodies, with the Karali Group investment helping it continue this journey