All articles by Shwetali Sapte – Page 67
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News
Mission Mars continues strong momentum
The Albert’s Schloss and Rudy’s Pizza operator has reported a 26% rise in like-for-like sales over the Christmas period, attributed to record sales in both brands
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News
Punch Pubs looks to capitalise on post-pandemic bounceback
The pub operator has rebounded strongly and is looking to maximise profitability and pursue strategic acquisitions
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News
Scoffs Group appoints group operations director
The largest franchisee of Costa Coffee in the UK has appointed Luke Daines as group operations director
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News
Punch Pubs revenue recovers
The pub operator has reported a revenue of £284.4m and a loss after tax of £3.1m for the year ended 14 August 2022
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Interviews
McMullen’s: ‘There is a lot to look forward to in 2023’
The 130-strong brewer has built up its proposition post-pandemic, with sales hitting new records over the festive season, joint MD Heydon Mizon tells mMCA
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News
Tortilla stays resilient through 2022
Tortilla has reported group revenue of £57.7m for FY22, with Q4 like-for-like revenue growth 16% up vs FY19 despite challenging trading conditions
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News
Openings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from Roxy Leisure, Darjeeling Express, and more
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News
Sukho Group reports post-pandemic bounceback
The multibrand restaurant group, comprising Zaap Thai and Sukho Thai, has reported £13.5m in sales for the year ending March 2022
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News
Greggs: ‘It’s the first time we’ve hit £1.5bn’
Following the announcement of 2022 sales of £1,513m yesterday, CEO Roisin Currie discussed expanding the Greggs offer through drive-thrus and day parts
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News
Chotto Matte appoints global marketing director
The Nikkei concept has appointed Ben Hedley, formerly of Burger & Lobster, as global marketing director
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News
Famously Proper looks to secure pre-pack deal
The Byron and Mother Clucker owner has filed a notice of intention to appoint administrators but is confident it will secure a rescue deal
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News
Greggs continues robust trading
The food-to-go retailer has reported total sales of £1,513m for the year ended 31 December 2022, up 23% from £1,230m in 2021
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News
Nightcap restructures to operate as single group
Nightcap has announced it will operate as a group rather than three companies – The Cocktail Club, Adventure Bar Group, and Barrio – beginning this month
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Analysis & Insight
Christmas trading at pubs remains down on pre-pandemic levels
Key Christmas trading days saw draught beer and cider sales 13.6% down on 2019, according to Oxford Partnership
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News
Admiral Taverns turnover boosted by Hawthorn integration
The c1,550-strong pub operator reported turnover of £152.8m following the successful integration of the Hawthorn Community Pub Company
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News
Openings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from Vapiano, JDW, Fridays and Chopstix
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News
Interest rates rise to 3.5%
The Bank of England has lifted interest rates to a 14-year high of 3.5% yesterday, with the expectation the UK will fall into recession this quarter
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Analysis & Insight
Eating out market expected to total £101bn in 2025
The eating out market is expected to total £101bn following stability in inflation and recovery in consumer spending power, according to the Lumina Intelligence
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News
Nightcap grants share options to employees
The Cocktail Club, Adventure Bar Group, and Barrio operator announced it has granted a total of 2,690,000 share options to a number of employees
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News
UKHospitality: ‘Certainty needed on future of energy support scheme’
Responding to yesterday’s inflation figures, UKHospitality CEO Kate Nicholls said businesses are experiencing inflation across operations