All articles by Shwetali Sapte – Page 44
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News
Puttshack looks to US for revenue boost
The experiential mini golf concept said geographic diversification has mitigated UK-specific concerns, with revenue of £55.4m in 2022 attributed to new openings
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Subway announces executive changes
Former global chief marketing officer Carrie Walsh has been appointed as president of EMEA
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TGI Fridays appoints COO
Richard Latham has been appointed chief operating officer, following a stint as national operations director and later interim COO for the chain
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Hall & Woodhouse reports ‘encouraging’ year to date
The 180-strong pub operator and brewer reported strong like-for-like growth in 2023, along with a recovery in underlying profit before tax
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Jamie Oliver Group reports strong results ahead of return to UK restaurant scene
The group reported revenue of £29.7m in 2022, as the chef prepares to launch Jamie Oliver Catherine Street in November and grow to 200 restaurants globally by 2027
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Interviews
Miss Millie’s: ‘Our target is 100 stores in five years’
The Southwest-based fried chicken concept will have a 25-strong estate by next year and is pushing ahead with expansion in forecourts, CEO Carl Traill tells MCA
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News
KFC appoints new CMO
Monica Pool, who joins from her role as marketing director at Taco Bell, has been appointed chief marketing officer for KFC UK&I
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Vinoteca on brink of insolvency
The wine bar concept has filed for protection from its creditors, in a move that may result in the closure of its five sites across the capital
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Domino’s director steps down
Usman Nabi has stepped down but remains founder and managing partner of Browning West, which continues to be a significant shareholder in Domino’s
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Bob Bob Ricard to launch new concept
The group is to open Bébé Bob, a casual restaurant specialising in rotisserie chicken, in Soho next month
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Interviews
Woodhead Restaurant Group takes organic approach to growth
Fresh off its latest opening - 64 Goodge Street in Fitzrovia - the group may open further neighbourhood restaurants in the future, co-owners Will Lander and Daniel Morgenthau tell MCA
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News
Takeaway pints decision termed ‘welcome dose of common sense’
Trade bodies have responded positively to the decision to continue takeaway pints, while calling for tax rules around draught takeaway sales to be relaxed
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Neat Burger returns to expansion trail
Neat Burger has opened two new sites this month, with the plant-based burger brand hinting at further expansion to come
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Bubblewrap aims for 25
The dessert concept has secured its fourth site in London’s Fitzrovia, with plans to grow to more than 25 sites in the UK in the next five years
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Shaftesbury Capital secures new £200m loan
The landlord has signed an agreement with Aviva Investors for a new 10-year loan, and will consider the inclusion of sustainability-related metrics as part of the agreement
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Deliveroo looking to build ‘durable’ customer value proposition
The strategy for UKI is to improve value perception according to CEO Will Shu, who sees a ‘lot of growth’ ahead for the delivery industry
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News
UK franchise market stays flat for Krispy Kreme
In its Q2 update, the doughnut chain said its UK franchise market remained flat - despite strong double-digit retail sales growth, according to CEO Mike Tattersfield
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Jamie Oliver unveils concept for Catherine Street venue
Jamie Oliver Catherine Street will open this November, showcasing British produce with ’considered yet accessible’ dishes
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News
Caffè Nero trading at 112% of pre-pandemic levels
Caffè Nero has reported strong like-for-like growth between 1 March and 31 May 2023, with delivery and app sales continuing to grow
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News
Wendy’s aims for 40 in UK
Wendy’s UK business has seen like-for-like sales growth, with the aim of operating c40 sites by the end of the year, according to chief executive Todd Penegor