All articles by Finn Scott-Delany – Page 9
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NewsInvestment group pay £640k for Crussh
Acquisition vehicle Keep in Business is part owned by Tolladine Estates, which includes Crussh creditors Simon Waterfield and Ralph Congreve as shareholders
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NewsMarston’s sees ‘positive sales momentum’
Like-for-like sales were up 4.5% for the 16-week period to 21 January 2023 compared to 2020, the last period unaffected by Covid-19
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NewsCity Pub Group trading ‘better than expected’
The pub operator achieved strong like-for-like sales growth over Christmas, as it announced board changes and two new site acquisitions
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NewsGloria Jean’s builds 14-strong pipeline
The Retail Food Group-owned coffee shop brand has lined up four sites in Scotland and nine in England, including former Pret and Patisserie Valerie stores
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NewsRevolution Bars Group closes on Mondays and Tuesdays to save energy
The group has revised down its profit expectations for the year after its bars were down 9% over Christmas due to the rail strikes
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NewsOakman looks to raise £5.3m from shareholders
The discounted share placement will provide a buffer to protect the business from a further worsening of the trading environment
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NewsCrussh secures pre-pack sale, saving eight stores
The food to go chain has been heavily impacted by post-pandemic trading conditions, having previously operated 30 stores
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Analysis & InsightThree times a habit for Byron insolvency
Once one of the most promising casual dining brands of its generation, Byron is facing the ignominious prospect of another pre-pack sale, which would be its third restructure in five years. MCA examines the rise and fall of the proper hamburger restaurant operator and asks where it all went wrong
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NewsD&D London confirms four closures
East 59th in Leeds, Klosterhaus in Bristol, Avenue in St James and Radici in Islington will cease trading due to “spiralling utility, food and beverage costs and the unstable labour market”
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NewsFlat Iron eyes three or four new sites in 2023
The affordable steak concept is taking a measured approach to growth this year, but has confidence in its offering amid cost of living pressures
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NewsZoe Bowley to step down from PizzaExpress
After 12 years with the casual dining brand, the MD has decided to step down in order to take a well-deserved break and pursue her next chapter
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InterviewsUber Eats ‘as strong as ever’
UK general manager Matthew Price says moves by Honest Burgers, Joe & The Juice and PizzaExpress’ to join Uber Eats is a “vote of confidence” in the platform.
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InterviewsLiberation/Cirrus merger gives group ‘critical scale’
CEO Jonathan Lawson tells MCA the deal has many strategic benefits for the combined group, and how it can flex its offering as it enters London
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NewsFulham Share reports ‘creditable performance’
Franco Manca operator continues momentum despite disruption to consumer confidence, costs and public transport
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NewsFranco Manca scales back openings for 2023
In its half year report, Fulham Shore said it would be imprudent to maintain 2022’s opening tally of 18 new restaurants
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NewsAMT sold for £1.75m
A total of 25 of AMT’s 43 sites were included as part of the deal, with a further six subsequently sold to Gourmet Coffee Bar & Kitchen for £62.5k
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InterviewsMarston’s: ‘Going to the pub is still high on the to do list’
Following the pub operator’s 2022 financial update, CEO Andrew Andrea explains to MCA why he’s remaining optimistic in the face of inflation and cost of living pressures
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Interviews50 Eggs eyes London debut
The Yardbird operator is resurrecting plans to bring the award-winning TriSpan-backed concept to London
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Interviews‘Richard Caring’s very tough, but if you get a return, he’s happy.’
Former Ivy Collection CEO David Campbell describes his experiences working for “awkward bosses”, who include Caring, as well as Bernie Eccleston and Richard Branson
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InterviewsBig Table explores Banana Tree conversions
Banana Tree MD Anne Chow tells MCA its new backer will also give it better access to new site opportunities