All articles by Finn Scott-Delany – Page 28
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Analysis & InsightA new era for Leon
The acquisition of Leon for a reported £100m marks the end of an era and the start of a new one for a brand that has been led by one of its original founders for 17 years.
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NewsHammerson: Footfall 80% of pre-pandemic
Landlord Hammerson has reported 90% of operators in its UK estate are currently able to trade, with footfall is “competitive with pre-pandemic levels”.
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NewsWoods to step down from Wagamama
Wagamama CEO Emma Woods is stepping down and handing over to her internally appointed successor, Thomas Heier.
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NewsEG Group acquires Leon
EG Group, the forecourt retailer and fast-food operator, has acquired Leon Restaurants.
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Analysis & InsightBuilt-up demand competes with limited outside supply
Eating out reservations on 12 April were up 79% on the equivalent Monday of 2019, Office for National Statistics data shows.
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NewsEx Eat director plots QSR return
Former Eat director Aunaud Kaziewicz is launching a new concept which he is pitching as the Cote Brasserie of QSR.
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NewsDeliveroo takes ‘prudent’ approach
Deliveroo has reported first quarter orders were up by 114% year-on-year to 71m.
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Analysis & InsightLicensed trade off to a solid start
Licensed premises in England enjoyed a reopening bounce on Monday, with preliminary analysis showing like-for-like sales up 58.6%, compared to the same Monday in 2019.
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InterviewsMark Davies: Sky's the limit for Hawthorn
Hawthorn CEO Mark Davies has told MCA the “sky’s the limit” for the pub company when it lists as a separate entity.
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NewsJust Eat orders up 96%
Just Eat processed 64m orders in the UK in Q1 2021, growth of 96% on the same period in 2020.
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NewsRevolution secures new CBILS
Revolution Bars Group has secured a further £3.5m CLBILS, while its bank NatWest agreed to waive £2m of amortisation scheduled for September 2021, taking its total available facilities to £40.3m.
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NewsClive Chesser: Outdoors opening a ‘baby step’
Punch Pubs chief executive Clive Chesser has described outdoors reopening as more “psychologically important than economically important”.
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Analysis & InsightPolice check due diligence on outdoor trading
Outside structures have emerged as the new flashpoint with local authorities, as operators seek to make the most of al fresco trading, Kate Nicholls has said.
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Analysis & InsightRent debt: ‘There’s going to be pain on both sides’
Rent debt remains the biggest unsolved problem of the pandemic, a looming prospect which threatens to wreck the recovery of a sector before it has begun.
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Analysis & InsightDoubt over delivery growth - poll
Only a very small minority of operators (6%) believe delivery volumes will continue to grow when dining out reopens.
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NewsOrange Buffalo spreads its wings
Chicken wing brand The Orange Buffalo, which is being advised on expansion by the team behind Eggslut and The Halal Guys, has secured its fourth location in London, on Argyll Street in Soho.
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NewsCeru relocates over landlord impasse
Levantine restaurant Ceru has exited its Soho site and is relocating to Queensway, MCA understands.
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NewsBig firms commit to London
British Land has hailed the letting of a large chunk of office space at 1 Broadgate as a “vote of confidence in London”.
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NewsCall for evidence over commercial leases
Operators have been urged to provide evidence about their experience as commercial tenants during lockdown, as the government seeks a “carefully managed exit” from business protections.
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News‘Daft’ pub regulations amended
Regulations which threaten to prevent pubs from taking card payments inside have been amended at the eleventh hour, MCA understands.