All articles by Georgi Gyton – Page 41
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News
Government expands Energy Bill Relief Scheme
The government has expanded its energy support package for business to include those on existing fixed price contacts that were agreed on or after 1 December 2021.
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News
Jamie Oliver makes UK restaurant return - in virtual form
The chef has teamed up with delivery-first restaurant group Taster, to roll out a virtual brand called Pasta Dreams.
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Analysis & Insight
A new chapter for Hickory’s
Managing director John Welsh has long talked about the “scope for many more” restaurants – and with the business now taken under Greene King’s wing, this ambition is a step closer to being realised
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Interviews
Marston’s: ‘We are cracking the nut on perceptions of our pubs’
The group’s strategy of focusing on the importance of the pub experience appears to be paying off, chief executive Andrew Andrea tells MCA
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Analysis & Insight
Consumers cutting back on eating out
Restaurant spend fell 12.2% in September, with pub and bar spend in negative territory for the first time since March 2021, as consumers choose to stay in, according to Barclaycard
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News
Jamie Oliver Group to open new Dublin restaurant
The chef’s global restaurant business is to open the new restaurant with franchise partner Gerry Fitzpatrick, as part of plans to grow its estate by 18 sites this year
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News
In pictures: Pitcher & Piano Birmingham’s new look
Following a £800k refresh, the ground floor of the Brindleyplace venue now features a fluted bar front and decorative wall art, with a private dining space and bookable spaces added
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Analysis & Insight
West End footfall still 20% down on pre-pandemic levels
Monthly sales forecasts are being revised down for the remainder of 2022, according to research from the New West End Company.
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News
Itsu achieves restaurant EBITDA increase of +160%
The Asian food brand said it expected shop sales in H2 2022 to match 2019 sales on a like-for-like basis, which it described as “a significant achievement”
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News
Cooks Coffee announces £1.5m capital raise
The Esquires and Triple Two Coffee franchise operator has announced a planned £1.5m fund raising in conjunction with its proposed admission on the Aquis Stock Exchange
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News
Greene King adds ESG to list of strategic drivers
The change will mean the pub operator and brewer will place an even greater focus on supporting communities, giving people better lives and reducing environmental impacts
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News
Tim Martin: ‘We take the McDonald’s approach to menu development’
While several of JD Wetherspoon’s new menu items have been selling well, it’s more about small tweaks rather than a radical overhaul, its chairman tells MCA.
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News
Pizza Hut Restaurants: The ambiguity of the model is a positive
The fact the brand is hard to categorise is a positive in terms of its ongoing evolution, says Heart With Smart Group CEO Jens Hofma
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News
Tortilla: ‘The potential is there for +200 sites’
New whitespace mapping has shown the potential for more than 200 UK Tortilla sites, CEO Richard Morris has shared.
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News
Jollibee to maintain UK openings programme
The Filipino fast food chain recorded a loss of £4m in the UK last year, with VP market head for Europe, Adam Parkinson recently stepping down from his role
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News
PizzaExpress builds new pipeline of UK sites
The restaurant group significantly reduced its losses to £48.9m in the year to 2 January 2022, with its UK & Ireland business contributing EBITDA of £80.7m
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Interviews
Wimpy: ‘There is a positive future for us on the high street’
The brand is keen to expand outside its southern heartland and has been embracing technology in a bid to modernise
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News
Tortilla hints at European expansion next year
The fast-casual Mexican restaurant chain is looking to “dip its toes into potential European opportunities next year”, chief executive Richard Morris has said.
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News
Jens Hofma: ‘I am allergic to top-down management’
The Heart with Smart CEO believes a stronger business comes from giving more accountability to frontline teams
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News
McDonald’s: ‘The business is unrecognisable’
The fast food chain had already embarked on its journey with technology before the pandemic, but rapidly evolving consumer trends set a new pace of change, COO Gareth Pearson said