All articles by Georgi Gyton – Page 110
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NewsShepherd Neame to maintain c.£10m capex in pub estate
Shepherd Neame will continue to invest c.£10m per year in its pub estate on a long-term basis, chief executive Jonathan Neame has told MCA.
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OpinionWoods: ‘Proper innovation can be a game-changer for growth’
Innovation is not just about developing new things, it’s about developing things that customers actually want – and there is a big difference, according to Emma Woods, chief executive of Wagamama.
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NewsMamma Dough opens sixth south London site
Sourdough pizza business Mamma Dough has opened its sixth site, in South Norwood.
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NewsManaged pubs achieve strong lfls for Shepherd Neame
Shepherd Neame has achieved strong like-for-like (lfl) sales grow for both its managed and tenanted pub division but brewing and brands drove group turnover down over the full-year.
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NewsF&B continues to perform well for Shaftesbury
Shaftesbury has said the West End remains a busy area with its food, beverage, leisure and retail occupiers reporting, on average, year-on-year sales growth for the quarter to 30 June 2019.
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NewsAdmiral acquires 150-strong pub portfolio from Star
Admiral Taverns has confirmed it has reached an agreement to acquire a portfolio of 150 tenanted community pubs form Star Pubs & Bars.
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NewsMartin Scott appointed NED at Stay Original
Former Hall & Woodhouse finance and commercial director Martin Scott has been appointed as a non-executive director of pub and boutique hotel group Stay Original.
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NewsShepherd Neame chairman to step down; Georgel appointed NED
Shepherd Neame chairman Miles Templeman has announced his intention to step down from the board, following 15 years in the role, and 18 years as a director.
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NewsAG Barr sees revenue decline in ‘disappointing’ first half
AG Barr has seen revenue for the six months to 27 July 2019 decline from £136.9m in H1 last year, to £122.5m, following what it described as an “unprecedented year” for the soft drinks industry in 2018.
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NewsTasty sees sales down but losses reduced
Tasty, which operates Wildwood and Dim T restaurants, saw sales decline by 8% for the 26 weeks to 30 June 2019, to £21.1m (2018: £23m).
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NewsGladwin Brothers confirm Soho opening
Gladwin Brothers have confirmed they are to open a fourth London restaurant on Soho’s Frith Street, as revealed by MCA in April this year.
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NewsPret to complete allergen labelling roll-out this week
Pret A Manger is on target to complete the roll-out of full ingredient labels on freshly made products, at all 391 of its UK shops, by the end of this week.
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NewsTim Hortons lines up four more openings for 2019
Tim Hortons has four new restaurant openings lined up between now and Christmas which will see the Canadian fast food brand hit 25 sites, MCA can reveal.
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News
FSA announces allergy plans following Byron inquest
The Food Standards Agency board has announced a series of measures to protect consumers with food allergies and intolerances.
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NewsApplegreen sees total food sales slip back in H1 2019
Applegreen saw total UK food and store sales slip back from their strong performance last year, to +1.4% for the six months to 30 June 2019.
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NewsInvestors willing to pay premium for best in class operators
Despite the greater prevalence of distress transactions, investors are willing to pay top valuations for businesses that are best in class, according to Graeme Smith, MD at AlixPartners.
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NewsGrowth expected for branded restaurants in 2019
Branded restaurants are expected to see modest sales growth of 1.9% in 2019, amid overall market contraction, according to MCA’s newly-published UK Restaurant Market Report.
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NewsPapa John’s appoints new supply chain director
Papa John’s UK has appointed former Pizza Hut procurement manager Robert Taylor as its new supply chain director.
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NewsJKS plans Bao and Hoppers double opening in Kings Cross
JKS Restaurants is planning to open a new Bao and Hoppers in Kings Cross, MCA understands.
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NewsWhelans expands to 10 with new Star Pubs site
South east pub operator Whelans has grown its estate to 10 sites, with the addition of its latest site through Star Pubs & Bars, and has plans to double its footprint.