All articles by Shwetali Sapte – Page 86
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NewsSSP buoyed by travel sector recovery
The food and beverage concessions operator reported steady recovery, with revenue running at 87% of 2019 levels overall and UK revenue at 82%
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Analysis & InsightWetherspoon’s model could impede recovery
Combined with rising costs, its value-led proposition could hamper recovery, analysts said following the operator’s trading update
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InterviewsJDW: ‘We’re in as good a position as we’ve ever been’
Despite a slow recovery, the company is confident trade will bounce back, chairman Tim Martin told MCA
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Analysis & InsightStaffing shortages causing 16% revenue loss
Restricted trading hours due to staffing struggles, along with rising costs, are resulting in significant loss of revenue, according to UKHospitality and CGA
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NewsGDP up by 0.5% in May
Defying expectations of stagnation, the economy is now estimated to be 1.7% above pre-pandemic levels, according to the Office for National Statistics
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NewsWetherspoon: ‘recovery more laborious than anticipated’
Despite an improvement in sales since the last quarter, the company announced it is yet to return to pre-pandemic trading levels
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NewsBrewDog introduces transparency dashboard
The initiative aims towards increasing transparency and improving work culture following allegations against the craft beer powerhouse
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Analysis & InsightRestaurant spending sees year-on-year decline
Restaurant spend was down 3.3% in June compared to the same period in 2021, but saw a small month-on-month uplift, according to Barclaycard
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NewsThe pubs where fine food takes centre stage
Top chefs and bartenders in the pub and sector discussed demand for food-led pubs and the ready-to-drink market at MCA’s Pub Conference last week
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NewsPub sector shifts towards data-led approach
Punch Pubs & Co has gone from being a 25% data-led business to 75%, delegates heard in a panel session at MCA’s Pub Conference on the changes in operators’ approach to tech
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NewsOakman Group looks to leverage staycation trends
With trading up 11% in June, the company is optimistic about staycations, executive chairman Peter Borg-Neal told MCA
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NewsOpenings of the week
MCA rounds up this week’s biggest opening announcements, featuring BrewDog, Barrafina, Myungrang Hot Dog, and more
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InterviewsBrewhouse & Kitchen: ‘People still want something different’
CEO Kris Gumbrell spoke to MCA about premiumising and evolving the offering, as well as leveraging experiences and liquor margins
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NewsMcDonald’s, Costa and Roadchef in recycling scheme
The partnership will co-fund 65 recycling points across 30 Roadchef sites to increase cup recycling on the go
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Analysis & InsightWomen’s football to boost F&B sales by £761m
Hospitality venues and retailers are forecast to enjoy a £1.2bn boost during the EURO 2022 tournament, according to VoucherCodes
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NewsI am Döner signs franchise deal for Northwest
The multi-site deal with Optimum Group will take the brand to Merseyside and the Isle of Man, with first site opening in Liverpool this summer
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NewsLiberation accommodation sales quadruple
The Channel Islands and South West pub operator and brewer is capitalising on a rise in staycations, CEO Jonathan Lawson told MCA’s Pub Conference
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NewsGreggs launches first Eco-Shop
The new format in Northampton will serve as a test bed to trial sustainability solutions and initiatives
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NewsUKHospitality: lack of support will lead to further pub closures
The trade body called on the government to help the industry following research showing 7,000 pubs have closed over the past decade
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NewsPret calls for resolution to end strike action
The sandwich and coffee operator reported sales had fallen sharply during RMT strikes in June