All articles by Shwetali Sapte – Page 57
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NewsHakkasan and Yauatcha owner acquired for $550m
Investment group Mohari Hospitality has bought Madison Square Garden Entertainment’s majority share in Tao Group
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NewsMcDonald’s announces recipe changes to core items
The chain will make changes to the Big Mac among other items, in its first major menu change since launching the crispy chicken sandwich
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NewsCity Pub Group confident in coming year
Like-for-like sales were up 3% in FY2022 and 13% in Q1 FY2023, with the 43-strong pub operator focusing on premiumisation and increasing its investment in Mosaic
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InterviewsBoxpark: ‘We feel we’ve created a successful model’
CEO Simon Champion speaks to MCA about the new BoxHall concept, soaring sales over the Easter weekend, and creating value through the loyalty programme
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NewsGail’s launches first loyalty programme
The artisan bakery will launch its first loyalty programme on 11 April, following the recent introduction of click and collect and expansion of its delivery services
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InterviewsETM: ‘St Austell venture will create something special’
CEO Ed Martin speaks to MCA about opening premium sports bars with St Austell, what the offer will look like, and focusing on experiential hospitality
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InterviewsVagabond looks to airports and sites outside London
Founder Stephen Finch discusses how the upcoming opening at Gatwick opening will be the equivalent of “four or five Vagabonds”
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Analysis & InsightTransaction values expected to flatline over Easter
Hospitality venues can expect to see growth in transaction volumes albeit at a consistent spend level over the Easter weekend, according to payments company Dojo
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InterviewsLunar Pub Company targeting organic growth
The group aims to offers a country pub experience in London and will look to expand its concept to more neighbourhoods, owner director Hubert Beatson-Hird tells MCA
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NewsSt Austell announces new venture with ETM directors
The brewer and pub company will launch a series of premium sports bars, called Ludo Sports Bar & Kitchen, with ETM’s directors
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NewsFulham Shore to be acquired in £93m deal
The Franco Manca and Real Greek operator’s board has agreed to a proposed takeover by Japanese food conglomerate Toridoll
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NewsScoffs Group appoints CFO
Costa Coffee’s largest UK franchisee has appointed Jim Williamson as chief financial officer to support its accelerated growth ambitions
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NewsFulham Shore announces record revenue
Fulham Shore has provided a trading update ahead of its results for the year ended 26 March 2023, with a record revenue of £100m driven by new openings
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InterviewsCraft Union: ‘We think big but act small’
Operations director Frazer Grimbleby speaks to MCA about the Stonegate acquistion, reaching the 500-site landmark, and how the beauty of the offer lies in its simplicity
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NewsCreams confirms first sites to open under new Park Garages partnership
Cafes will open within Park Garages Blackburn and Wigan later this month, following increased demand for the brand in the north.
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InterviewsCraft Union: ‘We’ve been a driving force in the recovery of Stonegate’
Operations director Frazer Grimbleby speaks to MCA about growing the estate, premiumising the drinks range, and modernising while maintaining a value-conscious and community-led offer
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NewsParogon Group to accelerate expansion
The 10-strong pub and restaurant operator, which plans to open 10 new sites by 2025, has reported a £23.8m turnover for the year to June 2022
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Analysis & InsightNew concepts capitalise on experience-led dining during cost of living crisis
Consumers are increasingly seeking out experience-led dining as they seek to justify spending, according to Lumina Intelligence
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NewsMcDonald’s closes US offices as it prepares to announce redundancies
The chain has closed its US offices for three days to inform corporate employees about layoffs as part of a broader company restructuring
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Analysis & InsightConsumers to further cut discretionary spend
According to research by KPMG, 63% of UK consumers have cut down on eating out, while 49% plan to cut down further due to a rise in energy bills and tax