All articles by Georgi Gyton – Page 103
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NewsShepherd Neame swings to loss
Shepherd Neame has reported a fall in turnover to £55.3m for the six months to 26 December 2020, from £79m for the comparable to the first half of 2020.
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NewsHospitality employment ‘disproportionately hit’ by pandemic
The hospitality sector has 355,000 fewer employees in March 2021, than one year previously – 43% of the total decline in paid employees, according to the most recent data from the Office for National Statistics (ONS).
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NewsTen Entertainment names new chairman
Ten Entertainment Group has appointed Adam Bellamy as non-executive chairman. He will take up the role from the date of the group’s AGM on 5 May 2021.
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NewsHospitality battles over insurance pay outs in court
Several high-profile hospitality groups, including Corbin & King and Black & White Hospitality, are turning to the courts in order to escalate long-running battles over pay-outs from business interruption insurance schemes, the Financial Times has reported.
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NewsSpend well ahead of post-lockdown last year
Hospitality venues which reopened in England last week enjoyed a stronger bounce in sales than they did when coming out of the first national lockdown last July, with sales up 45% on a like-for-like basis for the first week of trading, according to the latest data from CGA.
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NewsHickory’s secures 13th site
Hickory’s Smokehouse has secured its 13th site – the former Marston’s pub in Nuthall, Nottinghamshire.
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InterviewsNWTC: ‘Our stall is set, ready to grow’
New World Trading Company (NWTC), has used the closure periods during the pandemic to “pause, and reflect”, in order to “set our stall out ready for the business to grow”, COO Natasha Waterfield has said.
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InterviewsThunderbird: ‘It won’t get any better for delivery’
The last three months are “as good as it’s going to be” for delivery and dark kitchens, believes Thunderbird CEO Paul Gilchrist.
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NewsStaff shortages an ‘emerging problem’
Between 15-20% of hospitality staff are either declining, or are currently unable, to return to their existing roles as restrictions are lifted, according to UKHospitality’s recent surveys of its members.
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NewsKate Nicholls: ‘We have to view the first week back positively’
The reopening of outside spaces last week has to be viewed in a positive light, and as “a marker on the roadmap to recovery”, said Kate Nicholls, chief executive, UKHospitality.
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NewsUpham keen to impress investors following turnaround plan
Upham Group has said it is a strong financial position following the take-up of support offered during the pandemic, including a £1.4m CBIL, and a restructure of its operations, and keen to impress its investors.
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NewsFive Guys: ‘Delivery is here to stay’
Future demand for delivery may be hard to predict but the market is not going to go away, Five Guys UK chief executive John Eckert has told MCA.
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Analysis & InsightDifferentiation is key to a successful rollout
The ability to provide a differentiated experience is key to a successful rollout, and one that Loungers is able to offer, according to analysts Berenberg.
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NewsDeliveroo must prove itself to the market, says Shu
Deliveroo’s founder and chief executive Will Shu has said his message to shareholders and the wider investor community is “it is on me to prove the long-term value of this company”.
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NewsDelivery and takeaway sales up more than 300%
Sales from delivery and takeaway were 346% higher in March this year than the same month in 2019, according to CGA’s latest Hospitality at Home Tracker.
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Analysis & InsightContactless brands: Chilango’s digital-only trial
If the pandemic has highlighted anything, it is that human beings crave contact. Those everyday interactions mean so much and have been sorely missed over the past 12 months. So it felt like counter-intuitive for a hospitality brand to move away from human contact with its customers altogether, towards a purely digital experience.
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NewsSector hits back at ventilation claims
Pub and restaurant operators have fought back against claims from the British Medical Association (BMA) that the hospitality sector needs to do more to improve the ventilation in their venues in order to reduce the airborne risk of Covid-19 transmission.
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NewsPub sector rebuffs calorie labelling proposals
The pub sector has challenged the logic of introducing calorie labelling for on-trade drinks at a time when many operators in the hospitality industry are battling for survival.
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NewsRosa’s Thai plans five to six per year
Trispan-backed Rosa’s Thai has said it expects to open five to six new sites each year, while also pursuing opportunities to operate delivery-only cloud kitchens as it continues with its expansion plans.
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NewsOlder customers face discrimination due to apps
Older drinkers are at risk of being discriminated against in pubs because many do not have smartphones on which to order food and drinks, the Telegraph has reported.