All articles by Finn Scott-Delany – Page 42
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NewsThwaites starts redundancy programme
Daniel Thwaites has initiated a programme of redundancies due to the uncertain operating climate heading into winter.
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NewsTRG director leaves amid leisure restructure
The Restaurant Group divisional MD Nick Shelmerdine has left the group following the downsizing of its leisure divisions.
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NewsSenior changes at Pret amid staff cuts
Pret UK shops director Tom Sugarman is leaving the business while food and coffee director Guy Meakin has been made trading director.
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NewsTossed creditors include £9.3m Jersey investor
Zest Food, the operator of Tossed and Vital Ingredient, has left liabilities of £9.3m to its investor after going into administration, a progress report shows.
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NewsB&K to raise £2.5m via rights issue
Brewhouse & Kitchen anticipates trade will recover to pre-pandemic levels within one year.
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NewsPage’s Putney Beach investment fund wound up
David Page’s secondary investment vehicle Putney Beach has been wound up.
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Analysis & InsightHospitality Leaders Poll - 80% hail the EOHO a success
Eighty percent of restaurant, pub and bar operators say the Eat Out to Help Out scheme has worked well for their business.
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NewsLaine reports losses of £8.4m
Laine Pub Company has reported a loss after tax of £7.4m for the 50 weeks to 18 August 2019.
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InterviewsGaucho CEO Martin Williams: No brainer to replicate EOHO
Gaucho and M Restaurants CEO Martin Williams has said it was a “no brainer” for his group to continue the Eat Out to Help Out scheme at its own expense.
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NewsCreams sales up 35% yoy in August
Creams Café has reported year-on-year August sales were up 35% during the Eat Out to Help scheme.
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NewsDomino’s announces board appointments
Domino’s Pizza Group has appointed two new non-executive directors to its board, while made interim CFO Neil Smith’s role permanent.
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NewsGail’s to open in Blackfriars
Gail’s, the Luke Johnson backed artisan business, is opening a new 50-cover bakery in Blackfriars.
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NewsGordon Ramsay: Trade ahead of forecasts
Gordon Ramsay Restaurants has reported trading since reopening is ahead of forecasts, though difficult to project how the trends will develop.
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Analysis & InsightStrong growth in August outside EOHO days
Diners spent 34.2% more at restaurants and fast food outlets on Mondays, Tuesdays and Wednesdays in August than they did in July, according to data from Barclaycard Payments.
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NewsGreene King posts £273m losses
Greene King’s revenues were down 13.4% to £1.9bn in the full year to 26 April 2020 with its pub business worst hit by the coronavirus.
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NewsOakman awarded for ‘outstanding training’
Oakman Inns has been recognised in The Princess Royal Training Awards for its “exceptional commitment to training”.
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NewsTastecard to take on delivery with low commission
Tastecard has announced plans to take on Deliveroo, Uber Eats, and Just Eat with a new takeaway delivery and collection service, with a permanent discount of at least 10%.
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NewsCMA launches Marston’s/Carlsberg probe
The Competition and Markets Authority has launched a formal inquiry into the £780m merger of Marston’s and Carlsberg’s brewing operations.
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Analysis & InsightLeaders Poll: Vast majority of customers sticking to guidelines
The vast majority of operators believe customers are sticking to coronavirus guidelines when they visit their premises, William Reed’s Hospitality Leaders Poll reveals.
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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.