All Fulham Shore articles – Page 4
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OpinionDominic Walsh: Casual dining one of ‘big losers’ of pandemic
It used to be so simple. Come up with a restaurant concept and a brand, open one restaurant, then a second, then aim for five outlets then ten and 20, and if it’s still working, press the button on a nationwide rollout. Well, something like that, anyway.
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NewsFulham Shore - sales around 72% on previous year
Fulham Shore has released a trading update and announced a fundraise as it looks to fight its way though the coronavirus crisis. It said it has 49 out of 51 Franco Manca sites open, and 14 out of 18 Real Greek restaurants open, and though social distancing means they are only operating at between 60-70% of their previous capacity, this has “to some extent” been compensated by an increase in delivery and takeaway sales. It said in the four weeks since 6 July, like-for-like restaurant sales at reopened sites were around 72% year on year.
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NewsOperators announce next wave of reopenings
Dishoom and Crussh are among the latest operators to open their doors this week, whilst the reopening programmes of Loungers, Turtle Bay, Franco Manca and more have started to pick up momentum. Of the larger to-go operators, KFC, McDonald’s and Costa have reached reopening milestones this week, whilst Greggs announced a significant acceleration in its reopening plans.
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InterviewsWhat it’s like to operate in lockdown part five: Franco Manca
Franco Manca opened five stores for delivery and collection on Friday after a two week in trial in Chiswick. David Page, chairman of parent company Fulham Shore, talks to MCA about the benefits of flat sharing pizzaiolas and why pre-coronavirus rents are not going to happen again.
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NewsFulham Shore confident it will thrive again on return
Franco Manca and Real Greek operator Fulham Shore is confident it will thrive once the market returns to normal.
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NewsFulham Shore reports hike in sales and lift in profits
Fulham Shore, which operates Franco Manca and The Real Greek, has said sales were up 9.3% to £36m for the six months ended 29 September 2019. Pre-tax profits were £1.4m, compared to a £0.1m loss the previous year. It opened six Franco Manca sites and one Real Greek site during the period, and has also opened one of each since September. It now has 51 Franco Manca sites and 18 Real Greek sites.
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NewsFranco Manca lines up Aldgate site
Franco Manca looks set to open a further London restaurant, in Aldgate, MCA understands.
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OpinionShored up: Franco Manca bounces back
Italian casual dining is still dangerously overexposed, but Franco Manca has bucked the trend of consolidation and CVAs with its razor-sharp focus on food, service and value. After posting a year of growth and promising a new expansion drive, MCA’s Finn Scott-Delany speaks to Fulham Shore chairman David Page.
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NewsFranco Manca operator to up expansion this year
Franco Manca operator Fulham Shore will increase its openings programme this financial year after achieving EBITDA of £7.1m – up from £5.5m in 2018.
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NewsFranco Manca heading to Piccadilly Gardens
Franco Manca, the Fulham Shore pizza concept, is eyeing Piccadilly Gardens for its first Manchester site.
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NewsEncouraging bids for Patisserie Valerie
The administrators of Patisserie Holdings have confirmed they have received a number of offers for the business, with a number now being taken forward.
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News
Fulham Shore raises £580k
Fulham Shore, the new restaurant venture from ex-Clapham House Group chairman David Page, has raised £580k through a placing of 14,500,000 new ordinary shares, to add to the near £1m it has already raised.It said the new funds would bolster its search for restaurant businesses and investments and will enable ...
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