All articles by Shwetali Sapte – Page 78
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Interviews
Patty & Bun: ‘We’re going back to our roots’
The business is currently focusing on consolidation of its core brand, with Sidechick to remain as a delivery-only concept, founder Joe Grossmann tells MCA
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Analysis & Insight
Rise in average spend remains behind inflation levels
Spend rose by 8% in the four weeks to 4 September, remaining behind inflation levels due to consumer concern around finances, according to Lumina Intelligence
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News
The Wolseley Hospitality Group eyes international expansion
The Minor International-backed group is targeting expansion to major global cities in the coming years, including New York, Singapore, Hong Kong, Paris and Dublin, CEO Baton Berisha told MCA’s Restaurant Conference
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Interviews
Eggslut to open fourth London location
LA-born gourmet egg brand Eggslut is expanding its UK footprint with plans to open two new sites per year, ITICO MD Jan van Delden tells MCA
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News
Disappointment over Chancellor’s mini-budget
Interventions on alcohol duty and National Insurance were welcomed, but the industry expressed regret at the lack of sector-specific and long-term support - particularly on VAT
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Analysis & Insight
Consumer confidence falls to record low
Consumer confidence has dropped to -49 in September, the lowest since records began in 1974, according to the GfK consumer confidence index
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News
Openings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from D&D London, Marugame Udon, the Salad Project, and more
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Analysis & Insight
Pub and bar consumers increasingly value-led
Value will be a key focus for pub operators in the coming months, as consumers cut down on visits to the pub, according to Lumina Intelligence
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Analysis & Insight
Cost pressures threaten city centre recovery
The sector has fuelled post-pandemic recovery in cities, but requires urgent support amid current cost pressures, according to CGA and Wireless Social
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News
Creams launches support package for franchisees
The emergency measures, which include a reduction in royalty fees, are aimed at supporting partners through inflationary pressures
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News
Eataly secures €200m investment to fund expansion
European private equity firm Investindustrial is buying a controlling stake in the Italian food and drink brand, amid its plans for global expansion
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News
McDonald’s appoints people director
McDonald’s UKI has appointed Burger King’s former people and culture director Tamara Griffin as its new people director
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News
Various Eateries announces interim CFO
The Coppa Club and Tavolino operator has announced Oli Williams will step down as CFO, with James Darwent replacing him on an interim basis
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News
Comptoir reports strong sales and profit
In its interim results, the group has stated it remains cautious but optimistic for the future due to the strength of its balance sheet
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News
Tortilla announces two board changes
The fast casual chain has appointed Francesca Tiritiello as non-executive director and Laurence Keen as senior independent director
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Analysis & Insight
City centre footfall rises after passing of Queen
Footfall across the UK rose by 12.1% last week compared to 2021, particularly in central London and city centres across the UK, Springboard Insights suggest
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Analysis & Insight
Sales growth fails to match inflation
Sector sales in August were up on 2019 levels but remained well below double-digit levels of inflation, according to the Coffer CGA Business Tracker
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Analysis & Insight
Three out of four night time operators on financial cliff edge
Almost half of night time economy business are barely breaking even while 24.8% are losing money, according to a poll by the NTIA
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News
Slim Chickens secures first franchise partner for Ireland
The Boparan Restaurant Group-operated chicken brand has partnered with OCO Westend to open its first Ireland site in Belfast in October
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News
Ocean Basket prepares for UK growth
The South African casual dining concept, which has over 200 restaurants in 16 countries, is gearing up to expand in the UK, CEO Grace Harding said