All Five Guys articles – Page 6
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NewsRichoux to sell three sites
Richoux has found buyers for its eponymous restaurant in Piccadilly, along with its Friendly Phil’s Braintree and Richoux Gloucester Road restaurants.
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NewsLaurillard: Differentiation key to success
Giggling Squid co-founder Andy Laurillard has credited his company’s 53% uplift in EBITDA to a differentiated offer which does not revolve around pizzas and burgers.
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Analysis & InsightA Novel Idea: No. 4 Utopia for Realists
Every month, former Five Guys operations and development director Marcel Khan reads a book (so you don’t have to) and applies insight to the sector based on what he’s learned between the covers and beyond. This month: Utopia for Realists: How We Can Build the Ideal World by Rutger Bregman.
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Analysis & Insight
In other news
Whilst last week’s news was dominated by the fast-moving story at Patisserie Holdings, the last month has shone a light on a number of other companies in the sector, which are faced with their own issues and questions about their future. Mark Wingett gives his thoughts on the Coaching Inn Group; TGI Fridays; Five Guys; The Restaurant Group (TRG); and Gordon Ramsay.
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NewsHonest Burgers reports FY EBITDA increase
Honest Burgers, the Active Partners-backed chain, has reported a rise in both restaurant EBITDA and Group EBITDA in the year ended January 2018, driven by the opening of seven new restaurants, including the first out of London locations in Reading and Cambridge
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NewsFive Guys closes first UK site
Five Guys, the US better burger brand, has closed its first site in the UK.
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NewsFive Guys secures new £100m facility
Five Guys has secured a new £100m banking facility through Goldman Sachs as it seeks further growth across the UK and Europe.
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Analysis & Insight
Lessons from the US masters
Operators in the UK have always looked across the Atlantic for inspiration, so AlixPartners US managing director Adam Werner highlights some of the key trends affecting the US market at the moment. James Wallin finds out more.
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Analysis & InsightRate of licensed premises closures almost doubles
The rate of decline for the number of licensed premises in Britain has almost doubled since the last edition of the Market Growth Monitor, from CGA and AlixPartners.
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OpinionInside track: I’ll get my Cote
A buried paragraph at the end of a story on GBK facing a CVA, suggested that Cote was exploring a possible merger and had held early talks about a tie-up with a listed company. Mark Wingett looks at what listed company would be a good fit for the French restaurant chain. He also explores what went wrong at GBK and why Gaucho’s new owners have swapped Meakin for Martin (Williams)
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Analysis & InsightA Novel Idea: No 3. Blue Ocean Strategy
Every month, former Five Guys operations and development director Marcel Khan reads a book (so you don’t have to) and applies insight to the sector based on what he’s learned between the covers and beyond. This month: Blue Ocean Strategy by W. Chan Kim and Renée Mauborgne.
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OpinionThe winds of change
Sector analyst Simon French looks at the key trends affecting the eating and drinking-out sector in 2018, including the increasing importance of convenience and effective use of technology. He also discusses the differing approaches of some of the industry’s most notable investors, and why argues that now is not the time for operators to ease up on innovation.
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Analysis & InsightFast food giants squeezed by contemporary brands
The dominance of the big three fast food brands is being gradually eroded, the latest data from MCA has shown.
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NewsFive Guys lines up five further openings
Five Guys, the better burger brand, will open five more sites before the end of the year, as it targets strengthening its 2019 pipeline.
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Analysis & InsightA Novel Idea: No 2. How Brands Grow
Every month, former Five Guys operations and development director Marcel Khan reads a book (so you don’t have to) and applies insight to the sector based on what he’s learned between the covers and beyond. This month: How Brands Grow by Byron Sharp
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NewsL&G signs new restaurant operators to Valley Centertainment
Legal & General (L&G) has agreed deals with two new restaurant operators at Valley Centertainment Leisure Park in Sheffield – Proove and Thirty Nine Desserts.
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Analysis & InsightA Novel Idea: No.1 The Happiness Hypothesis
Every month, former Five Guys operations and development director Marcel Khan reads a book (so you don’t have to) and applies insight into the sector based on what he’s learned between the covers and beyond. This month: The Happiness Hypothesis by Jonathan Haidt
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NewsRichoux considers options for eponymous brand
Richoux Group, the Jonathan Kaye-led, listed restaurant group, is considering options for its five-strong eponymous brand, MCA understands.
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Analysis & InsightThe opportunity is to be better
Loosening the reins on profit margins, improving your engagement with customers, and making sure you are offering something different to the competition are key to surviving in a saturated market, according to industry experts at Cedar Dean Leisure’s latest panel discussion, including former Five Guys operations director Marcel Khan and Jon Lake, managing director at Chopstix Group
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NewsBoparan outlines Slim Chicken growth plans
Tom Crowley, chief executive of Boparan Restaurant Group, has told MCA the rollout of Slim Chickens will be through acquisitions rather than conversions of existing Boparan sites.