All articles by Shwetali Sapte – Page 39
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News
Three Joes revenues rise to £16m
Three Joes and The Stable operator Sourdough South opened new sites in Cambriidge and Chichester earlier this year
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News
Sessions raises £3.25m from Virgin Money
The food brand licensing platform seeks to invest further in tech development while acquiring and scaling more brands
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Interviews
Yard Sale Pizza: ‘We’re going from strength to strength’
The neighbourhood pizza chain will open three or four sites in next year as it looks to hit 150, founder Johnnie Tate tells MCA
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News
Inflation to cost hospitality £864m in business rates
With the rate of inflation in September revealed as 6.7%, the inflation-linked business rates rise in April will cost hospitality businesses an additional £234m
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News
Whitbread: first half beats expectations
Whitbread has reported a strong H1 performance driven by a differentiated model, with statutory revenue of £1.6bn and statutory profit before tax of £395m
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Interviews
Pasta Evangelists: ‘There’s no reason we can’t have 1,000 stores’
The Barilla-owned fresh pasta business is preparing to roll out pasta takeaway units, the first of which will open in London next year, co-founder Finn Lagun tells MCA
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News
BrewDog ties up with Tesco Clubcard
The craft brewer has announced it is now an official reward partner for Tesco Clubcard, allowing shopper to use their points for pints at a majority of BrewDog bars
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News
Papa Johns faces headwinds
The 531-strong pizza chain reported turnover of £95m in 2022 and faced pressures on profitability as a result of the wider economic climate
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News
Netflix to open bricks-and-mortar locations
The company is planning to open a network of stores offering retail, dining, and live entertainment, with the first to open in the US, followed by major cities around the world
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News
Creams appoints new COO
Creams Café has appointed Oliver Rodbard as COO as the dessert restaurant chain embarks on the next stage of its national and international expansion
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News
Chipotle UK renews focus on building brand awareness
The fast casual Mexican chain reported revenue of £17.9m in 2022, with growth in the UK partially dependent on increasing sales and familiarity with the brand
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News
Costa Coffee returns to profit
The coffee chain has reported its 2022 financial results with turnover of £1.1bn, alongside a focus on its omnichannel strategy to create the ‘Total Coffee Company’ proposition and further build on its international foundations
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Interviews
Marston’s: ‘When customers come out, they’ll spend’
The pub operator is encouraged by customer resilience, and sees a higher degree of cost stability and visibility, CEO Andrew Andrea tells MCA
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News
Marston’s reports strong momentum
The 1,145-strong pub operator reported like-for-like sales up 10.1% vs FY2022, with strong sales across food and drink as momentum continues into the new financial year
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News
Yard Sale Pizza sees scope for 150 sites
The London-based neighbourhood pizza chain is seeing year-to-date like-for-like sales growth at over 15%, according to CEO Johnnie Tate
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News
Joseph Holt sees strong recovery
The Manchester-based brewer, which operates c125 pubs, reported turnover of £70m for the 2022 financial year
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Analysis & Insight
More consumers noticing dynamic pricing, research finds
Almost half of 2,000 consumers surveyed report being charged more for food and drink during busier times, according to Barclays
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News
Arcade Food Hall appoints FD
Alan Wong, formerly of Caprice Holdings and Hakkasan Group, has been appointed finance director for the food hall concept
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Interviews
Burger & Lobster looks to double estate
MD Dino Sura speaks to MCA about adding five to eight restaurants to the UK estate, driving dwell time and average spend, and keeping things fresh
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News
St Peter’s Brewery acquires Curious Brewery
One of the UK’s oldest craft brewers has acquired Kent-based Curious Brewery for an undisclosed sum