All articles by Shwetali Sapte – Page 61
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NewsOasis threatens to push for removal of TRG boss
The activist investor has called for the Wagamama owner to reduce debt, reduce interest, and resume dividends as it is rumoured to be weighing up a potential sale of its pubs business
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NewsTortilla appoints head of IT
Andrew Brook, who has held senior IT positions at Itsu, Pod, and Wholefoods, will be responsible for evolving the fast casual Mexican concept’s IT strategy
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NewsGreggs sees opportunity for more than 3,000 sites
The food-to-go operator has reported robust like-for-like trading, with total sales of £1,513m in 2022, and looks to grow through both new openings and channels
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NewsRevolution Bars faces headwinds
The group announced £76m in sales for H1 FY23, with transport strikes, declining consumer confidence, record hot weather, and cost inflation impacting profitability
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NewsUKHospitality calls for urgent Ofgem intervention
CEO Kate Nicholls has written to Grant Shapps, the secretary of state for energy security and net zero, calling for suppliers to be taken to task for “unscrupulous behaviour towards hospitality”
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InterviewsZambrero: ‘We see great opportunity in the UK’
As the Mexican QSR concept gears up for its UK rollout following a £143m investment, MCA speaks to UK CEO Emily Teh and analyses its potential for success in the burrito wars
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NewsCosta announces third pay rise in 12 months
Team members across 1,520 company-owned UK stores will see hourly wages increase by 6.1 to 7.3% with effect from 1 April
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InterviewsUrban Greens: ‘We could be on every high street’
As the salad concept gears up to kickstart its London rollout, co-founders Rushil Ramjee and Houman Ashrafzadeh speak to MCA about shaking up the capital’s lunchtime offer
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from the London Shell Co, Sam’s, and Cheatmeals
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NewsGail’s plans to open 10 drive-thrus
The premium bakery chain is on the lookout for sites between 2,000 and 4,000 sq ft as it plans to open 10 drive-thrus this year
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NewsPizza GoGo maintains strong trading
The 100-strong pizza chain reported a turnover of £37.3m for the year ended May 2022 and looks to open further locations across the UK
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NewsPho posts return to profit
The Vietnamese chain has posted its first results since the pandemic for the year ended February 2022, with turnover increasing 109.1% to £43.7m
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InterviewsFat Hippo to open six sites this year
Speaking at the Generation Next programme by MCA and sister title BigHospitality, head of marketing Nick Fountain discussed the burger chain’s expansion plans and enhancing the customer journey
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News2,000 pubs at risk of closure without Budget support
The BBPA has called for sector support following research that estimates 288 million fewer pints will be sold in 2023/24, potentially causing 2,000 site closures
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Analysis & InsightConsumer expectations rise as frequency drops
Despite the cost of living crisis, consumers are looking for good value rather than cutting down on spend, according to CGA and Reputation
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NewsInn Collection to reopen 12 sites
After the completion of its refurbishment programme, the group’s estate will number 32 sites while it looks to recruit nearly 1,000 new employees
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Analysis & InsightSix Nations provides trading boost for pubs
According to market intelligence company Oxford Partnership, draught beer and cider sales grew by 29% on average on match days
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NewsEL&N to build presence in travel hubs
The 25-strong boutique café group has appointed Lagardère Travel Retail as an exclusive franchisee for travel locations
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NewsCornish Bakery lines up new openings
The 51-strong bakery chain has reported a turnover of £20.9m for the year ended May 2022 and aims to maintain its current rate of expansion
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InterviewsBewiched Coffee looks to double estate in five years
Bewiched Coffee plans to open 15 stores within five years in partnership with franchisee Heart of England Co-operative Society, MD Matt Fountain tells MCA