All articles by Shwetali Sapte – Page 66
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NewsRising prices in hospitality venues continue to drive inflation
The consumer price index dipped slightly to 10.5% in December, although restaurants and hotels continued to drive up inflation
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NewsYum! makes senior appointments for Taco Bell
Ian Cranna has been appointed general manager and Charles Saksik as development and finance director for Taco Bell UK & Europe
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NewsJust Eat maintains focus on profitability
The delivery company continued to see orders decline from their pandemic peak, but maintained a stable gross transaction value despite lower volumes
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Analysis & InsightHospitality sees best December in three years
Operators reported strong trading in December, although sales remain below pre-Covid levels in real terms, according to the latest Coffer CGA Business Tracker
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NewsOperators reduce trading hours in face of skyrocketing costs
Unsustainable utility costs in combination with cost inflation and staffing concerns are increasingly resulting in reduced opening hours
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Analysis & InsightOmnichannel growth increasingly important amid outlet decline
Leading brands saw a combined outlet decline of 0.8% in 2022 but have implemented key initiatives to diversify revenue streams, according to Lumina Intelligence
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OpinionUdon for breakfast, anyone?
As Marugame Udon makes its debut on the breakfast scene with its ‘Benedict Udon’, MCA examines the new offering and its potential for success in a category often bound by tradition
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Analysis & InsightInflation outpaces growth in eating out market
The UK total eating out market is forecast to have reached £94bn in value in 2022 - only 3% ahead of its 2019 value, following real negative volume growth, according to Lumina Intelligence
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NewsBrewDog plans to open 100 bars in India
Founder and CEO James Watt said he sees India as BrewDog’s most important international market in the medium term, with plans to open 100 venues in the next decade
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NewsHalo Burger announces Sessions partnership
The vegan burger concept announced a five-kitchen partnership as it looks to grow by extending its delivery reach, following a restructure last year
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InterviewsInception Group sees record Christmas trading
The experiential venue operator saw 2022 turnover pass 2019 levels, and is in negotiations to open further London sites, founder Charlie Gilkes tells MCA
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from Arc Inspirations, Marugame Udon, Inception Group, Gino D’Acampo, and more
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NewsWhitbread reports continued trading momentum
The Premier Inn operator saw F&B sales remained down on pre-pandemic levels, despite strong like-for-like sales growth in Q3 FY23
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NewsMitchells & Butlers sees festive trading up on pre-pandemic levels
The Harvester and All Bar One operator saw like-for-like sales up by 8.9% in the 15 weeks to 7 January, compared to the same period in 2019
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NewsInn Collection sees strong festive trading
The group saw high occupancy rates over the festive season, helping drive a 20% increase in like-for-like revenue compared to Christmas 2021
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NewsHummingbird Bakery steps up expansion
The American bakery chain is planning to open three to five sites this year, with plans to establish its presence further in London, operations manager Simone Tasker tells MCA
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NewsInception Group posts return to profit
The experiential venue operator of Mr Fogg’s and Control Room B saw revenues bounce back to £12.7m in the year to December 2021
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NewsPizza Pilgrims launches ‘Nutelleria’ concept
The London pizzeria chain will launch a £1 espresso bar and Nutella-themed dessert concept at its Kingly Court restaurant later this month
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NewsCoffee#1 to debut inside M25
The coffee chain has announced three new openings to extend its presence in the Southeast and Midlands, with its first launch inside the M25
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InterviewsGiggling Squid: ‘We’re trading way ahead of pre-Covid’
After reporting a turnover of £65.9m for the year to April 2022, trading has stayed resilient through a challenging environment, MD Andy Laurillard tells MCA