All articles by Shwetali Sapte – Page 47
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Analysis & Insight‘Solid headline performance’ drives pub sector resilience
The pub sector remained resilient in H1 2023, amid a strong interest for quality assets and some easing of headwinds, according to a report from Christie & Co
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News
Duck Donuts to make UK launch
The Pennsylvania-based coffee and donut chain has signed a new franchise agreement to enter its first European market
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NewsChipotle unveils new premium design
The Mexican-inspired concept’s has launched a partnership with Harrison by revealing a new modernised design at its flagship Westfield London venue
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NewsJeremy King to launch two further restaurants
In addition to returning to the restaurant scene with The Park - due to open in spring next year - King will launch another two restaurants in the West End
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NewsActivist investor weighs bid for TRG divisions
Activist investor TMR Capital is reported to be weighing a bid for The Restaurant Group’s Brunning & Price and Leisure divisions
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Analysis & InsightQSR forecast to expand in value by £2.3bn
QSR is forecast to expand by £2.3bn from 2019-23, driven by physical expansion, tech-led innovation, and the low-ticket nature of the segment, according to Lumina Intelligence
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InterviewsBig Fang Collective to launch new concept
The business is also aiming to grow its Golf Fang estate to 12, with an eye on London, Nottingham, Leeds, and Manchester, CEO Natasha Waterfield tells MCA
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NewsSessions acquires ServedUp
Rebranded to Sessions Serve, the ePos and mobile ordering company bolsters Sessions’ existing proprietary tech platform
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring Incipio Group, Chipotle, Kibou, and more
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InterviewsBig Table Group: ‘We’re the best capitalised restaurant group in the UK’
CEO Alan Morgan tells MCA about plans to invest in new sites, roll out Super Nonna and explore conversions for Banana Tree
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Analysis & InsightBranded restaurant forecast to recover to 98% of 2019 value
The UK eating out market is forecast to see turnover of £95.2bn in 2023, driven by continued inflation, according to Lumina Intelligence
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NewsJamie Oliver hasn’t ‘lost faith’ in the industry
The chef has said the collapse of his restaurant chain was ”utterly devastating” - but he hasn’t “lost faith” as he pushes ahead with plans to open a new restaurant
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NewsCake Box receives takeover offer
The London-listed 230-strong bakery chain has received an offer from privately owned Australian group The Cheesecake Shop
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NewsTattu rebrands as Permanently Unique
The independent restaurant group has rebranded as part of plans to launch a new concept and grow the brand internationally
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NewsHawksmoor announces £15 deal on strike days
The steak restaurant group will offer £15 steak and frites to encourage customers to visit venues during the upcoming rail and tube strikes
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NewsFuller’s sees strong start to summer
Fuller’s has provided a trading update ahead of its AGM today, with like-for-like sales rising by 15.1% in the 15 weeks to 15 July 2023
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Analysis & Insight
Pressures to grow shareholder returns remains for TRG
The pressure to make large disposals also remains, with shareholder Irenic saying improved trading ’highlights the gap between the company’s intrinsic value and its significantly lower share price’
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Analysis & InsightWimbledon boosts restaurant sales in SW19
The local area saw an 18.7% rise in spend on restaurants between 3-16 July compared to the previous fortnight, according to new data from Barclays
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NewsChipotle signs first franchise agreement
Chipotle has signed its first ever franchise agreement with Kuwait-based Alshaya Group to open locations in the Middle East
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NewsChatime secures funding boost
The bubble tea concept, which has 30 stores in the UK and 2,500 around the world, will allocate the funding to launch a food offer