All articles by Georgi Gyton – Page 108
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NewsDeliveroo gets thumbs down from more fund managers
Legal & General Investment Management and M&G have joined the list of fund managers who have said they will not be buying shares in Deliveroo when it goes public next week.
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NewsBone Daddies to expand Wing Daddies concept
Bone Daddies is to roll out its new chicken wing-focused virtual brand to 12 sites across London following a successful trial in Kentish Town.
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NewsBlood tests could form part of Covid certification scheme
Hospitality venues could allow millions of people who have recovered from Covid-19 and developed immunity into pubs and nightclubs under the government’s plans for a coronavirus certification scheme.
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NewsOakman Group acquires The Woburn Hotel
The Oakman Group has acquired 48-bedroom The Woburn Hotel, after signing a 25-year lease with The Bedford Estates, as it looks to take advantage of the boom in staycations.
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NewsClive Watson: ‘More pub operators will be looking to market towns’
It is likely that increasing numbers of pub companies will look to vibrant market towns for new sites as fewer people are expected to return to the office full time post-pandemic, Clive Watson, chief executive, City Pub Group has said.
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NewsVaccine passport idea dismissed by pub operators
The Prime Minister’s suggestion that vaccine passport could be used by pubs in order that social distancing rules could be scrapped early has been met with derision from leading pub operators.
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InterviewsJason Clark: ‘Delivery is now an essential channel for us’
McDonald’s scaled-up its delivery offer during the pandemic, with 15% of total customers now coming to the brand through the channel, said Jason Clark, senior vice president and chief operations officer at McDonald’s UK & Ireland.
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NewsLeon exits the US but doesn’t rule out second chance
Leon has made the decision to exit the US market after just two years, closing its four sites in Washington DC and Virginia, in order to focus on the UK and Continental Europe. However it hasn’t ruled out opening restaurants in the country again in the future.
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NewsGlendola Leisure secures additional £6m banking facilities
Glendola Leisure’s parent company has obtained additional facilities of £6m from its banking partner, as part of a refinancing arrangement which also sees the extension of its existing £26.7m facility.
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NewsSocial Entertainment Ventures undergoes rebrand
Social Entertainment Ventures has rebranded as State of Play, as it approaches its 10-year anniversary.
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NewsTime Out confirms Waterloo market is no go
Time Out Group has confirmed that its subsidiary Time Out Markets Central London will not be proceeding with the planned development of Time Out Waterloo, as it seeks further funding to counter with the impact of the pandemic.
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NewsRick Stein moves into coffee market
Rick Stein’s restaurant group is to branch out into the coffee shop market with an opening lined up for Padstow next month.
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NewsPopeyes confident it can achieve “aggressive” expansion plans
US fried chicken brand Popeyes is confident it can reach its target of 350 UK sites over the next 10 years, despite competition in the chicken market, David Shear, president of parent company Restaurant Brands International (RBI) has told MCA.
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NewsFood to go sector expected to surpass 2019 value by next year
The food to go sector is expected to reach a total market value of £21.6bn by 2022, exceeding its value in 2019 when the sector was booming, according to the latest data from Lumina Intelligence.
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NewsSpragg to step down as Big Table CEO
James Spragg is to step down as chief executive of The Big Table after six years at the business – formerly known as Casual Dining Group.
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NewsDon’t miss MCA’s Food to Go Conference today
Make sure you join us for MCA’s 2021 Food to Go Conference this morning for an agenda packed with interviews, insight and discussion focussed on the key topics of people, property, footfall and finance.
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NewsPandemic has cost hospitality sector £86bn in lost sales
The hospitality sector has lost £86bn worth of sales in the year since the first lockdown began on 23 March 2020, according to UKHospitality, with more lost sales opportunities to come if the government doesn’t make some concessions.
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NewsFive Guys CEO says technology has aided survival
Five Guys UK CEO John Eckbert has said its ability to use technology in order to offer new sales channels to customers has helped ensure its survival during the pandemic.
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NewsBerenberg on Loungers
Loungers is well-positioned for growth in a post-Covid 19 world and has the potential to scale to as many as 1,000 sites over time, according to analysts Berenberg.
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NewsJDW pricing strategy a key focus for analysts
The issue of JD Wetherspoon’s ability to push up prices has been called into question by several analysts following its half year financial update last week.