All articles by Georgi Gyton – Page 12
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News
Rumours circulate about TRG pub sale
There is speculation that The Restaurant Group could be weighing up a potential sale of its pubs business Brunning & Price following pressure by activist investor Oasis
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News
Wendy’s targeting 45 UK restaurants this year
The burger chain intends to “lean in on our strong start” in the UK and Europe, by continuing to grow the UK market alongside traditional franchisees
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News
Nando’s launches new creative marketing campaign
This Must Be The Place forms part of a national brand marketing campaign which looks to celebrate the uniqueness of the Nando’s experience.
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News
Pret announces third pay rise for staff
The omnichannel retailer will give UK shop staff a further 3% pay rise from 1 April. This comes in addition to a 5% increase that came into effect in December, and a rise in April 2022.
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News
Wingstop appoints new head of marketing
Malachy O’Keeffe joins the fried chicken operator from Pho, where he was marketing manager
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Analysis & Insight
Various Eateries is confident the fog will clear
CEO Yishay Malkov concedes that the Coppa Club operator’s bottom line took a big hit last year, but he is confident its strategy for maintaining slow and steady growth will pay off
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News
Food inflation hit 17.1% in February
Food items such as milk, eggs and margarine saw the fastest rises in price last month, according to new data from Kantar.
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News
Capco sees positive momentum in Covent Garden
The landowner, which is due to merger with Shaftesbury later this month, said F&B was among its highest performing categories in terms of leasing demand
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News
Just Eat sees some of largest gains in UK & Ireland
Revenue for the UK and Ireland was up 6% to €1.3bn., with adjusted EBITDA “improving significantly” from -€107m in 2021, to +€23m in 2022
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News
Current fruit and vegetable shortage likely to be short-lived
Supplies of low stock items, such as tomatoes and cucumbers, should pick up from early spring, but there are warnings of further issues down the line…
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News
Roxy Leisure makes MD appointment
Ben Warren will support current CEO Matthew Jones as the leisure group looks to accelerate its expansion plans
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Analysis & Insight
MCA Introduces: Brightside
From avocado bathroom suites to creamy Formica-topped tables, Loungers has sought to epitomise 21st century nostalgia at its new roadside dining concept, chairman Alex Reilley tells MCA
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News
itsu to open 18 UK sites this year
The healthy Asian fast food brand is due to open six equity sites and 12 franchise locations in the UK this year, founder Julian Metcalfe has told MCA.
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Analysis & Insight
A third of operators at risk of failure
The real term impact of inflation has put many are at risk of collapse despite record sales, according to data from UKHospitality and CGA
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News
Leon adds to London estate
The brand has opened sites in Earls Court and Hanover Square this week, following other recent high-profile openings including Southbank, Battersea and Brixton.
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News
Roger Wade launches new investment fund
The founder of Boxpark has launched an early-stage SEIS/EIS investment fund called BoxFund, which markets itself as supporting “people and ideas”
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News
Vaulkhard Group appoints new FD
Craig Bell has joined the North East leisure group having previously served as interim FD at Popeyes and FD at Red’s True Barbecue.
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News
Shaftesbury and Capco merger due to complete next month
The merger between the two British landowners in London has been given the green light by the Competition and Markets Authority
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News
UK inflation could return to 2% from autumn
Economists have revised down their predictions for UK inflation, with Citigroup forecasting that consumer price growth could fall below the Bank of England’s spring target by this autumn
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News
Wells & Co targeting £15m EBITDA by 2028
The independent brewer and pub operator reported an 81% increase in revenue from continuing operations, to £55.2m, for the year ended 2 October 2022.