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All articles by Finn Scott-Delany – Page 25
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NewsTRG chair to step down
The Restaurant Group has announced that chairman Debbie Hewitt MBE will be stepping down from the board from 31 December 2021.
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NewsNightcap trading ‘significantly ahead’ of expectations
Nightcap has reported that all 19 of its bars are open and trading across London, Bristol and Birmingham, at 92% of turnover compared to the equivalent weeks in 2019.
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InterviewsHawthorn: Table ordering negatively impacting trade
It is crucial community pub companies like Hawthorn can resume bar service on 21 June, due to the economic and social cost of table service, CEO Mark Davies has told MCA.
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NewsHawthorn like-for-likes at 98% of 2019
Hawthorn, the community pub company, has reported like-for-like volumes in its leased and tenanted estate are at 98% compared to the same period in 2019.
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NewsCaffè Carluccio’s can be ‘genuine challenger brand’
Boparan Restaurant Group believes there is scope to grow its adapted concept Caffè Carluccio’s to 500 sites over the next five years.
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NewsMarket Halls launches CVA
Market Halls, the London-based food market hall operator, has launched a Company Voluntary Arrangement (CVA) proposal for four group entities.
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NewsCaffe Nero ‘cashflow positive for six months’
Caffè Nero has reported a sharp increase in sales over the past 13 weeks to close its financial year (31 May, 2021).
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NewsKitty Hawk and Lino enter administration
Wright & Bell Limited, the company that operates Kitty Hawk and Lino, has appointed Quantuma as administrators.
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NewsPat Val appoints CFO
Patisserie Valerie has promoted Jenni Hughes-Ward to group chief financial officer.
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NewsHawthorn appoints chairman
Hawthorn, the community pub company, has appointed Colin Rutherford as chairman.
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NewsSessions rolls out delivery brands
Food hall incubator and accelerator business Sessions has rolled out early-stage food brands to some 35 locations since restrictions eased.
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NewsOakman ‘ready for further growth’
The Oakman Group has reported an EBITDA loss for 2020 of £2.6m and a total loss of £13.9m.
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Analysis & InsightLumina Intelligence: Customers praised for positive attitude
Seven in ten operators (72%) have hailed customer attitudes as being good or very good since indoor reopening.
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NewsVariant guidance creates ‘particular challenges’ for hospitality
New guidance in areas facing increased levels of the Indian variant of Covid-19 is causing new challenges for hospitality business, who are facing queries and cancellations.
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NewsMcDonald’s announces executive moves
McDonald’s has appointed Gareth Pearson as chief operations officer for the UK & Ireland.
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NewsWingstop invests in UK franchise business
Wingstop the US-listed QSR concept, has announced a minority investment in the UK business, which is operated by Lemon Pepper Holdings (LPH).
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NewsRevolution Bars raises £21m
Revolution Bars Group has raised £21m after announcing plans to tap up shareholders for new funds.
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Analysis & InsightWorkforce begins bounce back
The jobs market is showing early signs of recovery, which suggests hospitality is building back its workforce.
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NewsMarston’s a ‘stronger, more focused’ business
Marston’s has posted an underlying loss before tax of £122m, for the half year to 3 April.
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NewsM&B in ‘strong competitive position’
Mitchells & Butlers made a loss before tax of £200m in the half year to 10 April, with only 14 weeks of restricted trading permitted during the period.