All Byron articles – Page 2
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NewsCasual dining failures a ‘victim of timing’
Failures in casual dining have often been a “victim of timing”, due to fierce competition and speed of expansion, Alix Partners’ Graeme Smith has said.
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OpinionDominic Walsh: Casual dining one of ‘big losers’ of pandemic
It used to be so simple. Come up with a restaurant concept and a brand, open one restaurant, then a second, then aim for five outlets then ten and 20, and if it’s still working, press the button on a nationwide rollout. Well, something like that, anyway.
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NewsMore than 22,000 restaurant jobs lost so far this year
The number of restaurant sector job losses so far this year are nearly double those lost in the whole of 2019, according to the Centre for Retail Research.
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NewsByron to shed 31 sites following acquisition
Byron will continue to trade from 20 of its 51 restaurants following its acquisition by investment company Calveton.
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NewsHow Azzurri Group went into administration
One of the star performers in a competitive casual dining sector, and an even more competitive Italian subsector, Azzurri Group was formed out of the break-up of Gondola.
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OpinionDominic Walsh: On not-so-Super Saturday and the pain that’s yet to come
If anyone thought that July 4 would bring down the curtain on the 15-week coronavirus purdah, they were soon disabused of the notion. Super Saturday was – like the weather – something of a damp squib. While some of the big pub companies opened as many as 80% to 85% of their estates on day one, research by CGA suggests that only 45% of hostelries opened their doors on Independence Day.
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NewsByron files notice to appoint administrators
Byron has filed a notice of intention to appoint administrators, Sky News reports.
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NewsThree Joes CEO Tim Hall: ‘Everything is an option’ in The Stable acquisition
Although Three Joes primary objective at present is to get its newly acquired pizza chain back to trading, CEO Tim Hall isn’t ruling anything out when it comes to managing the new brand.
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NewsThree Joes acquires The Stable
Three Joes, the sourdough pizza and craft beer restaurant chain, has acquired 14-strong The Stable pizza chain from Fullers for an undisclosed sum.
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NewsCDG in restructuring talks
Causal Dining Group is in talks with advisory firm Alixpartners about a financial restructuring to secure the business through the coronavirus crisis.
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NewsAdministrator weighs up bids for Carluccio’s
Parts of Carluccio’s estate and assets have received interest from Tesco, Boparan Restaurant Group, and Byron owner Three Hills Capital.
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NewsByron hires KPMG to access emergency funding
Byron has hired KPMG to explore options for accessing emergency funding and to shore up its balance sheet, Sky News reports.
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NewsMcDonalds, Nando’s and Pret among brands to close entire estate
McDonalds, Nando’s and Starbucks are among a list of operators that have announced estate-wide closures following Friday’s Government announcement.
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NewsYo!, Prezzo and Byron among latest casual dining closures
Yo!, Prezzo and Byron are some of the latest casual dining operators to temporarily close their doors.
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NewsUKH and Industry CEOs call on Government for immediate support
In a joint letter with UK Hospitality, over 200 CEOs from across the hospitality industry have appealed to the Prime Minister to ’act without delay’ in implementing immediate government support for the sector.
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NewsGreene King announces coffee partnership
Greene King has announced a new multi-year partnership with coffee company Paddy & Scott’s.
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NewsBundobust: ‘We always want to innovate’
It was never part of the Bundobust masterplan to become a flagbearer for vegetarian cuisine.
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NewsAll’s fair in love and restaurants – how did the operators line up to fight for the Valentine’s share of wallet?
If French is the language of love, then presumably a French restaurant should be where I head with my true love on Valentine’s Day. Certainly, the leading French chains are using several seduction techniques to secure my custom – and for good reason. February is a slow trading month and an event where consumers might be more inclined to loosen the purse strings for fear of having their heart strings damaged, is well worth aiming to capitalise upon. So who offered what on the big day?
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NewsSteve Gotham: Recovering confidence and and accelerating growth in 2020
Encouragingly for most, MCA predicts that 2020 will see stronger net physical increases in store portfolios across the majority of leading operators.MCA’s Operator Data Index includes over 350 branded operators with five or more outlets at December 2019. These stretch across the full spectrum of the market and account for close to 27,000 outlets which claimed modest overall year on year growth of just under 1% in 2019. We are expecting this growth rate to double to 2% in December 2020, with over 500 net new outlets to open, equating to 11 per week.
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Analysis & InsightBangkok bounce back?
Once the darling of the Thai restaurant scene, Busaba has had a tough few years, with falling profits and site closures. Now with a simplified offer and a fresh focus on the capital, it’s looking to bounce back