By M&C Report team2006-11-05T08:18:00+00:00
MCA caught up with Ralph Findlay, chief executive of Marston’s, following the group’s Q3 trading update. He discussed the group’s increasing focus on premium pubs and the benefits of a technology upgrade. While describing the pingdemic as a “severe headache” and voicing concerns around VAT and price rises, he was nonetheless optimistic about the pub sector’s potential for recovery.
Pret A Manger is thought to be planning a move into coffee vending machines, according to Intellectual Property Office filings.
Marston’s Q3 trading update has been welcomed by analysts, with Shore Capital describing it as an “encouraging update”, while Singer described it as “highly pleasing.” With limited impact from either cost inflation and pingdemic related labour issues analysts either maintained or upgraded to a buy recommendation.
It has been one of the most hotly debated unknowns coming out of lockdown.
Heavenly Desserts has lined up a further eight sites for openings for 2021, which will take its estate to 43 cafés, managing director Yousif Aslam has told MCA.
Creams Café, the dessert parlour brand, is planning to open 25 sites in 2021, and already has eight in the pipeline, CEO Adam Mani has told MCA.
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