All articles by Shwetali Sapte – Page 41
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NewsCity Pub Group completes further acquisitions
The 52-strong premium pub operator has acquired two pubs in Oxford and London’s Soho, and continues to consider acquisitions in areas where it already has a presence
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NewsHostmore reports progress on cost reductions
The TGI Fridays UK operator reported revenue of £93.6m for H1 2023, with cost reductions alongside operational and portfolio management reducing losses
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InterviewsTortilla ups focus on evening trade
As it launches its new evening menu and happy hour offer, Tortilla looks to shift the sales mix away from its current lunchtime focus, according to operations director Stephen Clark
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InterviewsGail’s: ‘We have a good run ahead of us’
The artisan bakery chain estimates it has white space for between 300-500 sites in the UK, according to managing director Marta Pogroszewska
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NewsXP Factory achieves double-digit like-for-like growth
The Escape Hunt and Boom Battle Bar operator reported £18.7m revenue in H1 2022, with like-for-like sales growth of c20% across both brands
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NewsTasty losses widen
The Wildwood and Dim T operator reported a 0.9% increase in revenue to £21.7m, with loss after tax increasing to £2.7m in H1 2022
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NewsShepherd Neame posts record revenue
The 296-strong Kent-based brewer and pub operator reported revenue growth of 9.7% to a record £166.3m, with an increase in underlying profits
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NewsBonchon to launch in UK
The Korean fried chicken brand, which has 420 worldwide stores in operation, has partnered with Christie & Co to bring its concept to the UK
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Analysis & InsightMcWin could build cross-border Italian ‘super group’
Following McWin Capital Partners’ acquisition of Big Mamma - in a deal valuing the Italian restaurant group at £234m - MCA examines the fund’s background, investment strategy, and what it hopes to achieve with its portfolio of brands
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InterviewsComptoir Group: ‘We’re very positive about our future in QSR’
The Lebanese-inspired group is focusing on rolling out its shawarma concept Shawa and sees strong opportunities in the QSR space, CEO Nick Ayerst tells MCA
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NewsInception Group turnover up 80%
The experiential bar operator posted sales of £22.7m in 2022, with headline trading holding up “very strongly”
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InterviewsMarket Place to go nationwide
Market Place will open three to four sites per year, with negotiations underway for its first sites in central London and Liverpool, MD Blake Henderson tells MCA
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NewsBrighton Pier Group maintains ‘cautious’ outlook
The bars and leisure operator reported revenue of £16.2m in its interim results, followed by weaker than expected summer trading
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NewsBoxpark appoints chairman
Paul Thandi CBE, formerly CEO of NEC Group, joins as independent non-executive chairman
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InterviewsCity Pub Group in ‘strong position’ for growth
The group will continue to look for predominantly wet-led, freehold pubs as part of its acquisition strategy, and is in a strong position due to its low debt, CEO Clive Watson tells MCA
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InterviewsKFC: ‘It’s been a strong year in a turbulent sector’
Chief development officer James Whitehorn speaks to MCA about targeting the 1,500-site mark, the future of the high street, and how the fried chicken giant is not only surviving - but thriving
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InterviewsYolk to diversify to all-day offer
The ‘fine fast food’ brand is growing evening trade while adapting its menu to an all-day offer, as it looks to target suburbs in its goal to reach the 20-site mark, CEO Nick Philpot tells MCA
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NewsNightcap appoints sales & marketing director
Michelle Farrell, formerly of Stonegate Group, has been appointed group sales & marketing director for the late night operator
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NewsAdnams: ‘Trading conditions continue to be uncertain’
The brewer, distiller, and pub operator reported sales in the first half of the year were level with 2022, at £30m
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InterviewsMarket Halls: 'We intend to consolidate the food hall market'
Market Halls is in negotiations for another venue near a major London train station, alongside two venues outside London, CEO Andy Lewis-Pratt tells MCA