All articles by Georgi Gyton – Page 35
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NewsUrban Pubs & Bars confident it can ride out the storm
The group has seen strong like-for-like trading of +13% in FY22/23 and is actively looking for additional sites to add to its London-based pub, bar and restaurant estate
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InterviewsBodean’s founder keen to tap into £8bn sandwich market
Andre Blais is looking to secure a permanent site for his ‘tried and tested’ hot sub concept Gerry’s after raising c.£250k from investors
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NewsGreggs opens first airport site with SSP
The new site at Cardiff Airport opened last week in partnership with SSP as part of the food to go brand’s strategy to expand in travel hub locations.
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NewsVurger Co saved in pre-pack deal
The vegan burger concept went into administration at the end of last month after “a painful few years of trading”, with new investment enabling a deal to be done with the founders
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NewsSunday Coronation sales ‘really strong’ for City Pub Group
While this Saturday was a “washout” in terms of the weather and sales, Sunday saw a big boost in trade for the group thanks to Coronation celebrations, executive chairman Clive Watson said
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Analysis & InsightEaster spend a mixed picture for hospitality
Spend in pubs, bars and on delivery all fared better in April due to the boost in trade from the Easter Bank Holiday, but restaurants saw growth in spend decline further
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NewsOpenings of the week
Arc Inspirations, Fat Hippo, Sticks ‘n’ Sushi and the reopning of the Bellanger are among the top stories this week
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Analysis & InsightLondon sees footfall bounce back
London has improved its standings in the latest Top Cities table from CGA by NIQ and Wireless Social, following a bounce back in office workers and visitors to the capital over the first quarter of 2023
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NewsPrice of fish and chip takeaway up by a fifth
The average cost of the popular takeaway dish is now £9, with the price of oil, potatoes and battered fish having rocketed over the past 12 months
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NewsKFC UK & Ireland grows share of sales
Yum! Brands’ UK KFC business now accounts for 7% of all systemwide KFC sales - up 5% in the first quarter ended 31 March 2023.
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InterviewsTossed: ‘London isn’t back to where it used to be’
With the capital’s secondary streets still relatively quiet, Tossed MD Neil Sebba tells MCA that location is everything, even if that means new sites are more expensive to acquire
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NewsDomino’s achieves strong like-for-like growth
The pizza delivery business reported like-for-like sales growth of 10.7% for Q1 2023, excluding the change in the VAT rate, with momentum continuing in the second quarter. On the back of continued confidence it has announced a new £20m share buyback programme.
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NewsNQ64 secures £10m facility for share buyback and expansion
The arcade bar operator has secured support from alternative lender ThinCats to buyback Imbiba’s minority shareholding
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NewsBlack Sheep Coffee planning 70 new openings over next year
The coffee shop business has been expanding its franchise business, with upcoming openings at UK airports and achieved positive adjusted-EBITDA for Q1 in 2023
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NewsRestaurant Brands International reports strong global sales growth
The Canadian-based restaurant group, which operates Burger King, Tim Hortons, Popeyes and Firehouse Subs, reported global like-for-like sales were up 10.3% in Q1 2023
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NewsHostmore looking to capitalise on heritage of TGI Fridays
The group is looking to drive sales in its core restaurant estate by tapping into the strong awareness of the TGI Fridays brand – which it is bringing back – as well as a focus on boosting drinks revenue
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NewsRestaurant Group reports ‘encouraging trading’
Like-for-like sales at Wagamama were up 2% for the 13 weeks to 2 April 2023 but down 4% with its Leisure division, with the group to accelerate its previously announced rationalisation programme
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NewsLiberation Group sees strong start to year
The group reported sales in its UK managed pub estate were up 4.7%, for the 12 weeks to 22 April 2023, with Cirrus Inns now successfully integrated into its Butcombe Pubs and Inns business
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InterviewsStar Pubs & Bars: ‘We are focused on premiumising the local pub experience’
The pub company is focused on enhancing the experience at its pubs in order to drive spend and appeal to a broader base of customers, Star Pubs’ property director Chris Moore told MCA.
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NewsHostmore appoints McEwan as permanent CEO
Julie McEwan took up the post of interim CEO on 10 January 2023, after former CEO Robert Cook stepped down from the role.