All articles by Georgi Gyton – Page 43
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NewsBig Table acquires Banana Tree
The group has acquired the nine-strong pan-Asian chain Banana Tree for an undisclosed sum, with Anne Chow to lead Banana Tree as managing director
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NewsMowgli considering second London site
A further location in the capital could be on the cards, but it “must make economic sense”, founder Nisha Katona told MCA’s Restaurant Conference
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Analysis & InsightEnergy cost pressures mean ‘it’s impossible to plan’
The challenges posed by energy costs and the need to review restaurant design to capitalise on delivery sales, were debated at a special leaders’ roundtable at MCA’s Restaurant Conference.
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NewsBrewhouse & Kitchen: ‘2022 has been extremely challenging’
The group reported a loss before tax of £1.9m for the year to 25 September 2021, with 2022 challenging due to extra cost pressures
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NewsTruss to review visa scheme
The PM is to launch a major review into Britain’s visa systems in a bid to try and alleviate the acute labour shortages in industries such as hospitality, it has been reported.
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NewsBrighton Pier Group’s sees bar sales up
The group’s Bars division achieved revenue of £11.2m in the 52 weeks to 26 June 2022, compared to £1.3m in 2021, with like-for-like sales up 21% on pre-Covid levels
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Analysis & InsightUK restaurant market forecast to reach £18.2bn in 2022
Despite considerable challenges, the sector is closing in on its pre-pandemic value, with the branded segment of the market driving growth, Lumina Intelligence’s insight director Blonnie Whist told MCA’s Restaurant Conference
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Analysis & InsightEmployee benefits: The perfect package
It’s not just about offering any old benefits package, it’s important to offer benefits that actually matter to your staff. MCA explores different approaches to rewarding staff, featuring commentary from Fuller’s, Loungers, PizzaExpress and CG Restaurants & Bars
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NewsPizzaExpress appoints first channel and international director
Chris Holmes will lead the international, delivery and retail business of the brand in this newly created role
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NewsChestnut Group makes people director promotion
The East Anglian-based pub, inn and restaurant group has promoted its former head of people, Charley O’Toole, to the role of people director.
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NewsHostmore to pause new openings
The operator of Fridays, 63rd+1st and Fridays and Go is not planning to open any new restaurants in the first half of FY23 until the economic climate improves, CEO Robert Cook has said
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InterviewsCity Pub Group: ‘We are having to work harder than ever’
The group is optimistic about consumer demand, but is having to work much harder for every customer walking through the door, chairman Clive Watson tells MCA
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NewsBig Table announces restructure
As part of the restructure, CEO Alan Morgan has taken on the additional role of managing director at Las Iguanas, with several internal promotions and new appointments made.
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NewsHostmore YOY revenue more than doubles
Group revenue increased by 147%, to £98.5m, in the six months to 3 July 2022, but recent like-for-like trading has been weaker than comparable pre-Covid levels, down 14%
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NewsCity Pub back to pre-pandemic trading levels
The group achieved revenue of £26.1m over the six-months to 26 June 2022, compared to £8.9m in H1 2021, with its financial position strengthened albeit with a rising cost burden
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NewsPret’s Winzer promoted to property director
Lucy Winzer was previously UKI head of estates and acquisitions – a role she had held at the growing food to go chain since September 2020
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NewsStuffed launches UK franchise model
Dessert and coffee café Stuffed Gelato has has 10 locations lined up already as it looks to expand across the UK.
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Analysis & InsightPub and bar sector nearing 2019 market value
The UK pub and bar sector is forecast to grow by 56.7% in 2022, to reach a total value of £22.5bn – 98% of its 2019 value, according to a new Lumina Intelligence report.
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Analysis & InsightConsumer confidence in negative territory
The Consumer Confidence Index fell by 4.2 points in August, to 98.8 – the largest decline since June 2020, according to YouGov and CEBR survey
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NewsStonegate launches ‘Future Leaders’ programme
The new programme, for high potential leaders, will see delegates from across the pub company’s management team take part in a six-session programme, lasting 10 months in total.