All articles by Shwetali Sapte – Page 42
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NewsArc Inspirations delivers £40.8m in sales
The premium bar operator delivered annual sales growth of 7.5% for the year to 26 March 2023, with plans to open four sites - including a London debut
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NewsGravity sees revenue recover
The retail, leisure, and entertainment concept reported revenue of £25m in 2022 - up 75.3% from the prior year - as it prepares to open a further 10 locations
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NewsDeals struck for Pizza Hut branded franchise stores
Seven Pizza Hut branded franchise stores across the Midlands and Sussex have been acquired through pre-pack sales
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NewsNando’s celebrates 10 years of No Chuckin’ Our Chicken
Since its inception, the food donation programme has seen 4.3 million meals donated to charities and community groups
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Analysis & InsightPub demolitions and conversions on rise
The number of pubs being demolished or converted for other uses has risen by more than 50%, according to real estate specialist Altus Group
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NewsLeon co-founder launches new venture
John Vincent, who Leon to EG Group in a 2021 deal valuing the 70-strong chain at c£100m, has launched a sustainable clothing and food venture
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NewsWhite Rabbit Projects makes CFO appointment
White Rabbit Projects has appointed Paul Deeming as chief financial officer, as the hospitality development platform looks to accelerate expansion
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Analysis & InsightDynamic pricing could ‘alienate’ customers
MCA examines the controversial move, which has caused some publicans and business owners leap to Stonegate’s defence - albeit some consumers have lashed out against the pubco’s policy to raise prices by 20p during busy hours
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NewsHoward Schultz steps down from Starbucks
The coffee giant has announced former CEO Howard Schultz is to retire as director, as part of a planned transition, and will be replaced by Wei Zhang
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NewsStonegate receives backlash for dynamic pricing move
CAMRA chief executive Tom Stainer called the move ‘troubling’, while Loungers chairman Alex Reilley said the pubco was being criticised for its transparency
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NewsWendy’s confirms six more openings
The Ohio-based QSR chain will open in Derby, Leeds, Peterborough, Guildford, Cambridge, and Middlesborough as part of its nationwide expansion
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NewsBig Table Group appoints head of concept development
Johanna Selin, previously of M&S, Wagamama, and Pret, has been appointed to the role as the group takes on TRG’s Leisure brands
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Analysis & InsightWashout summer boosts indoor venues
Managed restaurants were up 8.6% on August 2022 as consumers chose indoor venues, while pubs saw a 4.9% rise, according to the Coffer CGA Tracker
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![Kevin Georgel, Chief Executive[80]](https://d36hgjhwuw81py.cloudfront.net/Pictures/100x67/2/0/9/303209_kevingeorgelchiefexecutive80_668299.jpeg)
InterviewsSt Austell: ‘We’re in good shape to deliver growth’
The pubco and brewer sees opportunities following its acquisition of Bath Pub Company, with 20% like-for-like growth in its managed estate, CEO Kevin Georgel tells MCA
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InterviewsBig Table to drive ‘strong improvements and synergies’ with Leisure acquisition
The group will find savings in the supply chain, overheads, and culture in its newly acquired business, CEO Alan Morgan tells MCA
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NewsVarious Eateries CEO steps down
Yishay Malkov will step down from his role as director and CEO with immediate effect, while executive chairman Andy Bassadone will continue to lead the group
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NewsSt Austell Brewery acquires Bath Pub Company
The deal will see St Austell take over the operation of four pubs in Bath and further grow its 184-strong West Country pub estate
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NewsTRG announces sale of Leisure business to Big Table Group
The Big Table Group will take over the division, principally consisting of the Frankie & Benny’s and Chiquito brands, in a deal expected to complete in October - with TRG paying a cash contribution of £7.5m as part of the transaction
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InterviewsDishoom: ‘We’ve always wanted to open a bar’
As Dishoom prepares to open its first entirely drinks-led venue in Brighton this November, MD Brian Trollip tells MCA that the venue is a passion project for him and CEO Shamil Thakrar
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NewsStrong sales unable to keep up with inflation
Despite a 6.7% irise in turnover to £137bn, sales remain nearly 20% behind in real terms, according to the latest UKHospitality Quarterly Sales Tracker