All articles by Georgi Gyton – Page 39
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NewsPret revamps iced drinks range
The food to go retailer will launch the new range in April in what it describes as its biggest drinks innovation in more than five years, replacing its current range of frappes and smoothies.
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NewsTime Out shelves plans for Spitalfields market
Tower Hamlets Development Committee deferred its decision on Time Out Group’s planning application despite it being recommended by planning officers
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Analysis & InsightHospitality M&A deals at five-year high
The volume of corporate deals within the food and beverage services sector reached 160 last year – the highest level since 2018, new data has found.
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NewsHeavitree returns to profit despite cost headwinds
The Devon-based pub company and brewer said it had achieved a “satisfactory performance” in the face of cost pressures which have included multiple wholesale beer price increases.
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NewsNew rail strike dates announced
The RMT has announced that industrial action will take place on 16, 18 and 30 March and 1 April, with overtime bans to also disrupt services across those two months.
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NewsStonegate launches Pub Partners platform as part of £10m investment
The new platform will offer publicans ideas and advice on how to grow sales, reduce operating costs and run a successful business.
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NewsTasty CFO to step down
Mayuri Vachhani is to step down from her role and leave the restaurant group on 31 March 2023 in order to pursue other opportunities, with Ian Davies appointed as her replacement.
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Analysis & InsightFood to go market forecast to grow by 4.1% in 2023
The UK food to go market is expected to see its strongest outlet growth since before the pandemic this year, with a net gain of 1,397 sites, according to a new Lumina Intelligence report
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NewsHedge fund calls on TRG to restore market confidence
The Restaurant Group said it welcomed constructive feedback from all shareholders but disputes claims about performance and the level of Oasis Management Company’s shareholding in the business
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NewsOnline talent platform secures £29m in funding
Brigad raised a Series B round, led by Balderton Capital, in order to accelerate its growth in the hospitality sector across the UK and Continental Europe.
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NewsInflation: ‘Venues are squeezing every last drop out of margins’
Price rises continue to significantly hinger hospitality businesses, despite UK inflation falling for the third month in a row
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NewsHospitality faces ‘incredibly challenging’ recruitment landscape
Vacancy rates in the sector are still 72% higher than they were pre-pandemic according to the latest data from the ONS
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NewsBAO: ‘Our app is a digital version of our universe’
The Taiwanese restaurant group is hoping to close the data loop in its business with its new app which is designed to gamify the loyalty experience, delegates at Hostech heard.
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NewsBoparan: ‘We are looking at new ways to use robots’
The restaurant group currently has robots on trial at two Slim Chickens but is looking at ways it could expand their use to other sites and to carry out a wider range of tasks, Hostech delegates heard
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NewsCity centre footfall bounces back after rail strikes
Footfall in Britain’s city centres came back strongly last week, following several days of rail strikes in the first week of February, new Springboard data has found
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NewsHonest Burgers proposes to scrap paid breaks
The Active Partners-backed business has said it was “frankly a mistake” to introduce paid breaks during Covid – and one it could no longer afford.
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NewsCoffee brand Bear secures investment
The Midlands-based Bear has closed an equity investment round, securing funding from Clark Group Investments to expand its store presence
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NewsGelato brand Amorino pushing forward to UK expansion
The Italian brand is looking to expand from 20 sites currently to 50 by the end of 2025 through its partnership with Seeds Consulting.
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NewsChopstix: ‘Our app is driving up spend and visit frequency’
Introduced last summer, the Asian QSR brand has seen its app drive customer spend up by around £1 per transaction, marketing director Rob Burns told Hostech.
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NewsPure: ‘Footfall levels in the capital give us the confidence to grow’
The food-to-go operator is keen to restart its growth plans following a strong return to trade over the past year, CEO Spencer Craig tells MCA