All articles by Finn Scott-Delany – Page 60
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Opinion
Steve Holmes: ‘If you wind the clock forward, people will eat out more than ever’
Relevant operators can grind out profit growth, but it’s not an easy time, Azzurri Group’s Steve Holmes has told MCA.
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News
Tossed and Vital to undergo CVA
Tossed and Vital Ingredient operator Zest Food has submitted proposals for a Company Voluntary Arrangement (CVA), following a decline in trading at the Vital estate.
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News
Food halls the ‘future of casual dining’
The new food hall venture led by former Deliveroo MD Dan Warne and backed by Imbiba is a “clear statement of the direction of the market”, property experts have told MCA.
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News
Warne, Turner and Imbiba team up for Sessions food hall venture
Former Deliveroo UK general manager Dan Warne is launching a food hall business backed by Imbiba, with a debut site secured for Brighton seafront.
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Analysis & Insight
De Jager joins Farmstand
Former Caravan head of people Elsa De Jager has joined Farmstand as head of people and culture, MCA understands.
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Opinion
ETM: Redefining spectator sport
Redwood has not been open for 24 hours when we meet, but ETM co-founder Ed Martin is already feeling confident about his latest sports bar.
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News
Keary promoted to MD at Camden Town Brewery
Camden Town Brewery has promoted sales director Adam Keary to managing director, MCA understands.
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News
Soho House UK reveals £18m losses
Soho House UK, the Richard Caring-backed business, made a loss of £18.1m in 2018, new accounts show.
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Opinion
Caffe Nero: ‘We are the Waitrose of coffee’
With a new artisan fresh food range, Caffe Nero believes it has consolidated its premium edge over high street rivals. As the offering is rolled out and the store estate revamped, UK CEO Will Stratton-Morris explains why Caffe Nero is the Waitrose of the coffee house sector.
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Analysis & Insight
Hedge funds’ involvement a ‘statement of support’ for Pizza Express
The latest development in Pizza Express’s debt dilemma sees big name credit funds enter the frame.
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News
Rare Restaurants appoints new group CFO
Rare Restaurants, the operator of Gaucho and M Restaurants, has appointed Rob Dawson as group chief financial officer, MCA understands.
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Opinion
Steve Moore: ‘The development never goes away. It starts on day one, it doesn’t finish on day one.’
Steve Moore is in jovial form when we speak a few weeks ahead of the launch of Electric Shuffle.
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Opinion
Richard Caring: 'We’re fighters. We’ll make it work by investing in the business.'
A year ago, Richard Caring told MCA how Bill’s needed a “bit of love as it got left behind”. With a major refurbishment programme well underway, the investment seems to be paying off. Finn Scott-Delany catches up with Mr Caring and Bill’s executive chairman David Campbell.
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News
Bills posts £9.1m loss for 2018; lfls boost following refurb programme
Bills Restaurants made a £9.11m loss last year – but has retuned to above market like-for-like sales growth across its estate following a major refurbishment programme, MCA can reveal.
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News
Marston’s disposals: ‘The level of interest is extremely high’
In its latest trading update, Marston’s described reducing its net debt of £1.39bn as its “principal focus”.
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News
Pizza Express: someone has got to take a hit somewhere
The appointment of financial advisors this week shone a fresh spotlight on the precarious situation at Pizza Express. The celebrity figureheads at Jamie’s Italian and Carluccio’s had already put their crises into the public consciousness, yet the prospect of Pizza Express facing the same woes is an even bigger moment. The brand is credited with creating the concept of casual dining and is the UK’s biggest and most enduringly popular restaurant brand with 490 sites.
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News
Caravan appoints Hollinshead ops director
Caravan has appointed Graham Hollinshead, formerly of Quentin Restaurants, as operations director, MCA understands.
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Analysis & Insight
Spending up 12.9% at wet-led venues
Spending at pubs, bars and clubs grew by 12.9% year-on-year in September, according to the latest data from Barclaycard.
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News
McDonald’s turnover down amid franchise focus
McDonald’s UK saw turnover decrease in 2018 as its continued focus on franchising increasingly recognised incomes over sales.
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News
MOD Pizza UK reports £6.9m losses in 2018
MOD Pizza UK has reported losses of £6.9m in 2018 – following losses of £11m the previous year.