Vince Caruso’s Post

What's New to The Street... 📈 Cheers to Growth! 🍹  Britvic’s profits are bubbling over with success! The London-listed beverage group reported a 14% rise in adjusted earnings, fueled by strong demand and standout performance in Brazil. 🌍✨  Which Britvic drink is your go-to? 👉🏻Follow New To The Street for more! #Britvic #BusinessNews #ProfitGrowth #BeverageIndustry #GlobalSuccess #BrazilPerformance #RefreshingResults #Innovation #Businessupdate #Businessnews #Business #News #Newtothestreet#News #Newtothestreet

The Wendy's Company plans to close 140 underperforming locations in 2025. Despite this, Wendy's reported same-store sales growth of 2.8% globally in the third quarter, with increases of 2.2% in the United States and an impressive 7.8% internationally. Kirk Tanner CEO Wendy's said "focus on building customer love by – Fresh Famous Food, Made Right". In comparison, the Dallas-based parent company of Chili's and Maggiano's Little Italy reported same-store sales growth of 13% systemwide, with Chili’s seeing a remarkable 14.1% increase. Key Takeaways and Insights on Brand Performance in the Last Quarter: - Strategic Menu Focus: Wendy's has taken strategic steps to address labor cost increases and declining customer counts by enhancing its higher-value menu offerings, leading to a larger average check size. Similarly, Chili’s noted that nearly half of its customers are choosing the premium "3 for Me" meal, demonstrating that menu simplification combined with premium options has been effective for both brands. - Profitability Challenges: Wendy's profitability was impacted by rising advertising and depreciation expenses. However, this was partially offset by growth in franchise royalty revenue and increased franchise net rental income. - Cost Management Success: Wendy's successfully reduced cloud computing expenses and overall capital expenditure, contributing to improved cash flow. read here- https://lnkd.in/gCVSzpSK While Wendy’s is focusing on cost management, Chili’s has made strategic investments in equipment like TurboChef Technologies, Inc.. Their ovens outperform conventional options, as Kevin Hochman noted, “The TurboChefs are much faster, and they make a much more consistent product.” read here - https://lnkd.in/gjyHC3DS At TechRyde, we believe that investing in the right tools, equipment, and latest innovative technology—especially artificial intelligence—can significantly help brands offset operational costs, labor challenges and rising costs while driving encouraging sales growth. We have observed brands like Pizza Hut Australia achieving positive same-store sales growth for 56 consecutive months by investing in the right technology and integrations. TechRyde has been instrumental in helping brands achieve similar success since 2016. Our focus on providing innovative solutions empowers businesses to navigate challenges and reduce operational friction points and need not to worry about reducing capital expenditures. #restaurant #AI #innovation https://lnkd.in/gkTQvRYQ

Big News in the World of Spirits! 🍾 The trailblazing Laura Willoughby MBE, founder of Club Soda and a leading voice in the low and no-alcohol drinks sector, is joining the judging panel of the 2025 London Spirits Competition! With her unparalleled expertise and dedication to the mindful drinking movement, Laura’s involvement promises to elevate the competition’s spotlight on the booming no-alcohol spirits category. This is an incredible opportunity for brands crafting exceptional low & no-alcohol drinks to shine on a global stage! Why Enter? ✅ Gain recognition from industry experts like Laura Willoughby and an elite panel of buyers, distillers, and bar managers. ✅ Benchmark your brand with a competition that evaluates quality, value, and packaging—exactly what consumers care about. ✅ Seize the chance to stand out in the ever-growing spirits market and connect with trade buyers, distributors, and industry leaders. Tap into this opportunity! Register your brand for the London Spirits Competition and let your innovation lead the way. Read more about Laura Willoughby here: https://lnkd.in/dFR34Kqt Registration Link for London Spirits Competition: https://lnkd.in/dRVxt6b London Competitions Sid Patel #londonspiritscompetition #lowandnospirits #mindfuldrinking #drinksmerchant #spiritsindustry #brandrecognition #competitionready #spiritsinnovation

🚀 Cooks Coffee Company Trading Update! ☕️ Cooks Coffee Company (NZX; AQUIS) announces its latest trading update for the first half of FY25, showcasing significant growth for its Esquires (The Organic Coffee Company) branded stores across the UK & Ireland.📊 Key Highlights: Group store sales increased 26.0% to £16.4m 🔥 UK store sales surged 36.0% to £11.4m 🇬🇧 Ireland store sales rose 6.7% to £5.1m 🇮🇪 Like-for-like sales were up 5.1%, with the UK climbing 6.3% and Ireland up 2.9% The Group expanded to 83 sites, up from 75 in April, with 10+ more outlets expected by year-end 🚀 During this period, Cooks Coffee opened ten new stores and closed two, reinforcing its commitment to expanding its footprint and maintaining positive cash flow. ☕ CEO Aiden Keegan commented: "FY25 has been a record-breaking period for Cooks Coffee. This growth reflects the hard work of our team and franchise owners. We are committed to enhancing the in-store experience and setting new benchmarks." A full financial update will follow in November. 📅 #BusinessGrowth #Coffee #Esquires #FranchiseSuccess #CooksCoffee #FinancialUpdate #UK #Ireland #RecordBreaking Esquires Coffee UK Oberon Investments Ltd. Graham Herring Florence Chandler Keith Jackson

Hurry! 🏃♂️ The London Competitions is getting more popular around the world. If your product wins a medal, it not only makes people trust your brand more, but it also helps it sell better. Buyers like to choose products from our competitions because they know they are best in these 3 most important aspects: 📌 Quality 📌 Value 📌 Packaging Richard Siddle from The Buyer emphasizes, "It's a perfect way to meet people in the industry and to discover what the main emerging trends are. It's also great to see what's not released yet." With the 2023 competition concluded, global Early Bird entries are now open for the 2024 London Competitions for Spirits, Wines, and Beers. But the deadline is coming up on 22nd February 2024. Don't wait - take advantage of the time remaining and submit your products now! 👇 Enter Now: https://lnkd.in/dRVxt6b (spirits) Enter Now: https://lnkd.in/enaVavP (wines) Enter Now: https://lnkd.in/e_ewuZT (beers) #uk #london #londonspiritscompetitions #globalentry #spritsbrands #spiritsdistributors #spiritsbuyers #spiritsimporters #networking #winebrands #winedistributors #wineimporters #winebusiness #beerindustry #beerbusiness Beverage Trade Network Sid Patel Ankita O. Drinks Merchants Malvika Patel The On-Trade Only 3 Day Left For Final Submissions! ⏳

Cheers to Progress: The End of Prohibition and Its Impact on America’s Economy and Hospitality Industry December 5th marks the anniversary of the repeal of Prohibition—a transformative moment that not only restored freedoms but reignited economic growth and revolutionized the hospitality industry. 🍸🍺 The Rebirth of Hospitality The repeal of Prohibition in 1933 reopened bars, restaurants, breweries, and distilleries, creating jobs and driving demand for farming, trucking, and glassmaking. This resurgence breathed new life into hospitality, turning it into a cornerstone of the American economy. 🍷💼 Tax Revenue and Economic Stimulus With alcohol sales back on the table, tax revenue poured into federal and state budgets, funding critical public projects and helping lift the nation out of the Great Depression. 💵🏗️ Today, the alcohol industry contributes over $400 billion annually to the U.S. economy and supports 4.5 million jobs. 👏 Cultural Legacy and Innovation From craft breweries to luxury hotel lounges, the repeal sparked a hospitality renaissance, paving the way for innovation in cocktails, dining experiences, and guest services. Its impact continues to fuel creativity and connection across industries. 🍹✨ At C&G Consulting Group, we honor milestones like this that showcase resilience, growth, and opportunity. Let’s toast to the lessons of the past and a brighter, more prosperous future. Cheers! 🥂 #HospitalityIndustry #EconomicGrowth #CheersToHistory #EndOfProhibition #JobsAndGrowth #C&GConsultingGroup

To buy or not to buy? 2023 Chateau Leoville Las Cases 🍷 - Released at £1,662 per 12x75, a 40% decrease compared to last year. - Neal Martin: 95-97 points. As an aside, Neal Martin was again voted the most trusted Bordeaux critic by Liv-ex members this year. - Leoville Las Cases has been trending downwards in terms of secondary market trade share by value and by volume. There are better value alternatives on the market here. The 2019 for example received a NM score of 97, and is trading below the 2023 release. It also benefits from longer in bottle, so will likely reach peak drinking age sooner allowing investors to realise returns.

I just learned today that neighborhood bodegas often don't have 'suppliers' in the strictest sense. Bodega owners go to club stores (Costco, Sam's Club, BJ's) to buy stuff in bulk to be sold in their stores. "Bargaining power of suppliers" doesn't apply here. My current and former students/colleagues, how would you go about analyzing the industry attractiveness/profitability? #industryanalysis #5forcesanalysis #strategicmanagement

🚀The UK Café Industry is Rebounding!🚀 Did you know the UK’s branded coffee shop market was worth £10.1 billion in 2018? This sector was hit hard by COVID-19, with the pandemic cutting its value down to less than a third of that figure. However, it recently bounced back £5.3 billion in 2023 after a couple of recovery years. With consumer spending rising again and people back on the high street, the café industry should slowly but surely work its way back to pre-pandemic levels! ☕📈 Join us on the 15th & 16th of October to discover the latest insights, products and solutions you can use to help your café business grow! ➡ https://shorturl.at/xhOmF #Coffee #CafeBusiness #UKMarket #CBE #HOSPOB2B

Check out this exciting announcement from our CEO! 🔥 We have enhanced our entire menu to improve quality, taste, and variety while embracing sustainable practices. ⚡️ Check out the linked article to read about the ten month process to upgrade the customer and franchisee experience. 🚀 #pepperlunch #sizzleityourway #franchising #leadership #newmenu #menuupgrade #growth #operations #success