All Banana Tree articles – Page 2
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News
Operators should not ignore £1bn free-from market
Foodservice operators should not ignore the growing gluten-free opportunity in the UK, delegates at MCA’s Marketing Conference heard last week. Lucinda Bruce-Gardyne, chef and entrepreneur, Genius Foods, said the free-from category was currently worth £1bn in the UK, with 25% of the population buying into the gluten-free occasion – 8% ...
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News
Lfls up c7% at Banana Tree
South-east Asian restaurant group Banana Tree saw its like-for-like sales increase by c7% in the five months from May to September. The company, which opened its ninth site last week in Chelmsford, saw like-for-like sales rise 10% in September alone. “With a backdrop of rather depressing hospitality news, we are ...
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News
Banana Tree joins Deliveroo Editions
Banana Tree is to become the latest group to sign up to open at a Deliveroo Editions unit
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News
Growth companies to watch
This month Turtle Bay was unveiled as the fastest growing company in the eating and drinking out sector, according to the AlixPartners Growth Company Index, compiled in association with MCA. However, there are other operators making waves that haven’t made it on to the list for one reason or another. Mark Wingett provides a snapshot of five that are jostling for a listing.
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News
Banana Tree seeks further 2017 opening
Banana Tree hopes to add a further site to its eponymous brand before the end of the year, after securing a site in Chelmsford
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NewsChristmas trading round-up
Leading operators share their experiences of Christmas trading with MCA, including Loungers, Novus Leisure, Dirty Martini, City Pub Company, Gourmet Burger Kitchen, Draft House, Inception Group and Pizza Pilgrims among others.
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News
Banana Tree founder to launch new concept
William Chow, founder and chief executive of Banana Tree, is to launch a new ‘food-on-the-go’ concept called Wonderbunz
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News
FY lfls up 5.1% at Banana Tree
Banana Tree has reported a 12.5% increase in turnover to £9m, in the year to 30 April 2016
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NewsMiddletons secures fifth site and closes in on sixth
Stephen Hutton, managing director of Middletons Steakhouse, has told M&C the company has secured its fifth site for an opening in Watford and is in negotiations on a site in Leicester, which would become the group’s flagship.
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Analysis & InsightSpeaking up on tipping
After being listed in a further report on tipping by the Evening Standard as one of the restaurant groups using the service charge to increase their staff salaries, Banana Tree co-founder Anne Chow addresses the issue and defends the system the growing brand has in place, which it believes is better for its staff and for the industry in general.
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NewsBanana Tree to focus growth in London
Pan-Asian restaurant concept Banana Tree will turn its attention back to London after the opening of its third regional restaurant in Oxford at the end of the summer
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Analysis & InsightDiners remain reluctant to ‘trade up’
The latest pricing analysis conducted by M&C Allegra Foodservice has highlighted an ongoing reluctance by consumers to trade up
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Analysis & InsightSouth East Asian chains to reach value of £107m
Branded Thai, Vietnamese and other South East Asian chains are set to reach a value of £107m in 2015
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OpinionCareful what you wish for
The dam has broken on M&A activity in the sector and the next 12 months could see an unprecedented number of businesses changing hands and securing new investment, but has the market learnt its lesson from the downturn when it comes to debt?
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Opinion
Food success the Malaysian way
Anne Chow’s husband William missed Malaysian food so much when he moved to England that he taught himself to cook his native dishes – a skill that proved more than useful when the pair set up the successful chain of Banana Tree restaurants. Mel Flaherty reports
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News
Banana Tree could reach 50 sites
William and Anne Chow, the husband and wife team behind the Banana Tree brand, believe the concept is strong enough to grow to between 30 and 50 sites in the UK
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News
Banana Tree appoints new ops director
Banana Tree has hired Scott Bradley, formerly of PizzaExpress, as its new operations director
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NewsZonal FY revenue expected to top £50m
Zonal, the electronic point of sale (EPOS) supplier to the hospitality and leisure sector, expects full-year turnover to grow from £41.3m to £52m in the year to 30 June 2014 as the group expands its operations and continues to innovate
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News
Banana Tree continues regional expansion
Banana Tree, the pan-Oriental restaurant operator, is to continue its regional expansion, after securing its third site outside of London, in Oxford
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Opinion
Unveiling the sector’s star performers
Paul Hemming at Zolfo Cooper discusses the trends in this year’s Profit Tracker and looks to the future
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