Jobless Banquet: Youth unemployment surge ‘sends Neets to KFC’ Retail A surge in youth unemployment has fuelled the rise of chicken shops across British high streets as young people not in work, education or training – known as Neets – have flocked to fast food, a consultancy has argued. Analysts at Baringa, a consultancy with more than 2,000 employees, have drawn a link between the [...]
Peak chicken? Domino’s hatches plan to swoop into fried chicken market Retail Months after parting ways with the chief executive whose bet on chicken caused a flutter, Domino’s Pizza has led a charge back into the henhouse. Andrew Rennie, the pizza delivery giant’s former boss, caused a flap last November when he defended a novel expansion into fried chicken by declaring that British consumers were nearing so-called [...]
Wingstop creates 1,000 UK jobs as sales and profit jump hospitality Wingstop has created 1,000 jobs in the UK as its sales and profit surged before being taken over, it has been revealed. The UK franchise of the US restaurant chain increased its headcount from 1,230 to 2,216 during the nine months to the end of 2024, new accounts filed with Companies House show. Its turnover [...]
Retail crime bill goes before Parliament – but it doesn’t include delivery drivers February 25, 2025 The government’s crime and policing bill will go before Parliament today, February 25, but detractors have said it does not go far enough to protect delivery drivers. Although delivery drivers do not qualify as retail employees due to their status as self-employed, a group of businesses have campaigned to extend the bill’s scope to cover gig [...]
Wingstop and Popeyes serve up major UK expansion plans January 27, 2025 Fast-growing chains Wingstop and Popeyes have each announced major plans to expand further across the UK and create thousands of jobs. Popeyes has outlined proposals to almost double its footprint in the UK with the opening of more than 45 restaurants. The move will increase its presence in the likes of Birmingham, Leeds and Bristol [...]
Wingstop UK bought in £400m sale by private equity giant December 23, 2024 The UK franchise of Wingstop has sold a majority stake in its business to US private equity giant Sixth Street. The terms of the deal have not been disclosed, it is understood that the value of the sale is at least £400m. While Sixth Street will take a majority stake in the company, the restaurant’s [...]
Wingstop more the doubles sales and returns to profit amid UK expansion December 19, 2024 Wingstop has more than doubled its sales as it continued its UK expansion, created hundreds of jobs and returned to profit, it has been revealed. The restaurant chain, which is known for its buffalo wings, has reported a turnover of £84.6m for the 12 months to 31 March, 2024, new documents filed with Companies House [...]
Wingstop: How a fast food chain targeted at Gen Z is transforming London’s hospitality scene April 13, 2024 Owners of a fast food chain targeted at social media obsessed Gen Z, have said they plan to open up to 100 stores over the next five years, in a boost for Britain's ailing hospitality market