All articles by Finn Scott-Delany – Page 16
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News
Mission Mars reports strong recovery
Rudy’s Pizzeria has delivered revenue of £8.1m to date in 2021, with like-for-like sales growth of 39% against the same period in 2019.
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News
Campbell departs PizzaExpress
The casual dining brand has announced that David Campbell is standing down as CEO for personal reasons, having joined in November 2020.
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News
PM’s economic plan gets short shrift
The logic behind Boris Johnson’s plan to build a high wage, high skilled economy has been described as “cobblers” by Wetherspoon chairman Tim Martin, as the prime minister shrugged off labour and supply chain shortages as an inevitable part of the post-Brexit transition process.
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News
Pizza Hut announces new franchise partnership
Nine Group will become a franchisee for 31 existing Pizza Hut Delivery and Express Huts, and open a further 40 new Pizza Hut locations across the UK.
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News
Five Guys to press on with UK rollout
The European holding company reported a total comprehensive loss of £58.4m for 2020
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News
BrewDog ‘optimistic for a better 2021’
The bars division of the craft beer company posted a pre-tax loss of £10.4m from turnover of £25.2m in 2020
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News
Wetherspoon to appoint ‘worker directors’ to board
It is hoped that the creation of more experience of the ‘front line’ at board level will help to protect the DNA of the business
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News
JD Wetherspoon ‘cautiously optimistic’ after year of lockdowns
The managed pub company reported a loss before tax of £154.7m, during a period when pubs were closed nationally for 19 weeks.
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News
Labour pledge to scrap business rates
Shadow chancellor Rachel Reeves said struggling high street businesses face a cliff edge when rates relief ends in March
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Analysis & Insight
Stonegate: Expect a bumpy run-up to Christmas
Stonegate commercial director Suzanne Baker has described ongoing supply chain issues as “absolutely painful”, while a lack of door staff is forcing some of its pubs to close at 9pm.
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Analysis & Insight
Pub deals show 'genuine demand' for market
Pub deals such as Admiral Taverns’ acquisition of Hawthorn and Punch’s of Ram Pub Company show buyers are willing to look “forwards, not backwards”, Simon Johnson of CBRE has said.
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News
M&B reports ‘volatile but strengthening trade’
Mitchells & Butlers has reported like-for-like sales were 97% of pre-Covid levels, in the 18 weeks since 17 May, with the most recent eight weeks up to 104%.
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News
City Pub Group sales on ‘upward trajectory’
The Clive Watson-led group has added the Grade II listed Cliftonville Hotel in Cromer, Norfolk, to its portolio, for £1.7m.
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News
Fuller’s business ‘steadily increasing’
Chief Executive Simon Emeny said life was “gradually returning to normal”, with a return of customers to its central London pubs.
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Interviews
Pano Christou: ‘Hybrid working is here to stay’
In a major shift to its ‘follow the skyscraper’ business model, the Pret CEO tells MCA why the brand is looking towards suburban, regional and travel hub locations for growth
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News
Pret plots new expansion drive
Pret A Manger has announced plans to open 200 sites in the next five years, backed by £100m worth of new investment from parent company JAB Holdings and founder Sinclair Beecham.
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News
Star MD: L&T sector in ‘watershed moment’
The leased & tenanted pub sector has been a through “watershed moment” during the pandemic, showing the strength of the partnership model, Lawson Mountstevens, MD of Star Pubs & Bars has said.
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News
Paul Scully: Pubs are top of my agenda
Business minister Paul Scully has told pub leaders the sector is an integral part of the nation’s recovery, and that pubs and the wider hospitality sector were top of his agenda.
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News
Creams approaches 100 milestone
Creams is continuing its nationwide expansion with the opening of three new dessert cafés in London, bringing its portfolio to 100 sites.
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Analysis & Insight
Hospitality drives job vacancies to record high
The number of employees on UK payrolls recovered to pre-pandemic levels last month, however vacancies also reached a record high, driven by staffing issues in the hospitality sector, according to data from the Office for National Statistics (ONS).