All articles by Georgi Gyton – Page 143
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NewsBird was “starved of cash” in lead up to administration
Fried chicken and waffle concept Bird was “starved of cash” according to administrators’ proposals from BM Advisory filed at Companies House this week.
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NewsJDW sees lfls up 6.8% for full year
JD Wetherspoons (JDW) has reported a like-for-like sales (lfls) increase, before exceptional items, of 6.8% for the full year to 28 July 2019.
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NewsGerry Carroll to step down as CEO of Hawthorn Leisure
Hawthorn Leisure’s chief executive Gerry Carroll has decided to step down from his role, with effect from 1 October 2019, with Mark Davies, executive chairman of Hawthorn Leisure to take on the position.
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News
Qatari restaurant concept eyes five for London
A Qatari restaurant concept called Apple Butter is looking to open five sites in London, with the first secured in Covent Garden for a launch later this year. The business, which was established in Qatar’s capital Doha, is based around homemade desserts with a twist and speciality coffee, alongside gourmet ...
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NewsGBK sees lfls up 8.6% on back of previous decline
Gourmet Burger Kitchen UK (GBK) has achieved a like-for-like sales (lfls) increase of 8.6% for the 26 weeks to 25 August 2019. This follows a 9.7% decline seen in the comparable period last year.
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NewsFood and drink prices levelling after months of rises
Recent spikes in the price of food and drink levelled off in July, despite inflation remaining at twice the rate of a year ago, according to the CGA Prestige Foodservice Price Index.
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Analysis & InsightRestaurants and pubs closures among biggest net declines
The closure of restaurants and pubs are among the highest seen by sector on Britain’s high streets, according to the latest PwC and the Local Data Company analysis.
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NewsColin Hill takes reins at Nando’s UK & Ireland
Colin Hill has been appointed as the new chief executive for Nando’s UK & Ireland.
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NewsDomino’s appoints new senior independent director
Domino’s has announced that former Greene King group finance director Ian Bull will succeed Helen Keays as senior independent director with immediate effect.
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NewsDrink-led pubs see spike in lfls after mini heatwave
Wet-led pubs achieved a 4.1% increase in like-for-like sales (lfls) during August as the mini heatwave brought out drinkers, according to the latest Coffer Peach Business Tracker.
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NewsRecommendation for ‘pub relief’ on alcohol duty
The ability for pubs to claim back a proportion of alcohol duty, through a new ‘Pub Relief’, has been set out as a recommendation in a new report on reforming alcohol duty in the UK.
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NewsGreene King lfls fall across Pub Company in Q1
Greene King’s Pub Company arm has seen like-for-like sales (lfls) fall by 1.8% for the first 18 weeks of the new financial year, to 1 September, however the past seven weeks saw a 1.5% uplift.
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NewsSlim Chickens trading well above expectations
American fast-casual brand Slim Chickens has been trading “well above expectations”, Boparan Restaurant Group’s chief executive Tom Crowley has told MCA.
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NewsAlchemist to trial grab and go offer at Canary Wharf
The Alchemist is to trial a bagel-based grab and go offer at its upcoming site in Canary Wharf, MCA can reveal.
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NewsAntic to add to presence in Crystal Palace
Antic is to open a further pub in Crystal Palace, on the site of the former Plumbase at 58-60 Westow Hill in Crystal Palace.
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NewsStar Pubs offers free training to boost chef retention
Star Pubs & Bars has launched a series of free chef training courses in order to try and help licensees with recruitment and retention issues.
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NewsSlim Chickens adds to London estate with fifth site
Boparan Restaurant Group is to add a fifth site to its estate of Slim Chickens outlets, with a new opening in the capital this autumn.
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NewsChopstix open to multi-site or corporate acquisitions
Chopstix’s new £5m debt facility will give the Asian QSR brand a bit of “long-term visibility” and set them up for the next two to three years, managing director Jon Lake has told MCA.
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NewsGove admits likelihood of food price rises
Michael Gove has admitted that there is the potential for food price rises in the event of a no deal Brexit, The Times has reported.
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NewsAlchemist pushes forward with plans for international expansion
The Alchemist is well underway with its plans to expand overseas and anticipates having its first international site open by 2021, managing director Simon Potts has told MCA.