All articles by Georgi Gyton – Page 43
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Analysis & InsightThe bar has been raised for acquisitions
While several high-profile M&A transactions have successfully been competed this year, the hospitality sector has fallen out of favour with some investors, according to finnCap Cavendish.
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NewsUKH launches guide to recruiting over 50s
With people aged over 50 years’ old underrepresented in the sector, there is a lot of ‘untapped potential’ for employers
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NewsM&B: ‘We are very confident about the months ahead’
Uplift in its wet-led businesses, an improving recruitment landscape and solid Christmas booking levels are just some of the reasons the group is feeling positive, CEO Phil Urban has said.
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NewsPret announces new US partnership
A new partnership with Dallas Holdings will see the multichannel retailer open a network of shops in California as well as an additional site in New York City
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Analysis & InsightBusiness leaders expect further deterioration of trading conditions
Sector leaders across the eating out market (58%) expect further deterioration of trading conditions until at least July 2023, according to new research from Lumina Intelligence.
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NewsLoungers secures fourth site for Brightside
Its new roadside dining concept will debut on the A38, south of Exeter, early next year, with two further sites lined up in the South West of England
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Analysis & InsightDelivery sales continue to decline
The channel makes up a quarter of all sales at Britain’s leading restaurant groups, but October saw the 11th consecutive month of decline, according to CGA
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NewsEverards investing double in its pubs
The family brewer and pub company made a profit in the year to September 2022 and is hopeful of a strong December with the FIFA World Cup and usual festive trading.
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NewsConcerns UK is losing world-renowned nightclub culture
The government is failing to recognise the importance of nightclub culture, and has limited knowledge of its value, the NTIA has warned.
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NewsJapanese fast-food concept Yakiniku Like to launch in UK
The 2,200 sq ft site on Greek Street, secured by leisure and property agent Shelley Sandzer, will the brand’s first location in Europe.
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NewsChristmas rail strikes will be ‘devastating’ for hospitality
The latest round of walkouts will cover eight days across December and early January and will have a huge impact on the sector.
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NewsPret expands Tesco retail range
The new launches include almond croissants, a sweet greens smoothie and berries and cherries smoothie, and form part of the brand’s expansion into consumer-packaged goods
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NewsCaffè Nero launches on Deliveroo
The coffee shop brand is now available on all three major delivery platforms, with sales in its delivery channel having increased by 10% in the four months to September 2022.
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NewsNorth Brewing planning several taproom openings per year
The business has set itself no boundaries when it comes to expansion, with its ninth venue opening this week, co-founder John Gyngell has told MCA
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NewsDardis joins Brasserie Bar Co as NED
Former Young’s chief executive Patrick Dardis joins the operator of White Brasserie and Brasserie Blanc as it looks to grow to 70 sites over the next three to five years
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NewsPub Christmas party bookings down by a fifth
The drop in bookings has been blamed on a combintion of factors, including the move to working from home, the cost-of-living crisis and changing attitudes to alcohol
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NewsWendy’s to open first franchise site next month
The US burger chain will open a site in Sheffield with Square Burgers, in December, with company-owned units due to open shortly in Liverpool and Greater Manchester.
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NewsCinnabon to launch delivery service
EG Group, which is the master franchisee of the US bakery brand, said the move followed “considerable demand” from customers and was its first e-commerce platform launch with a franchise partner
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NewsPing Pong sold in pre-pack administration
The restaurant chain has been sold to new entity AJT Dimsum Limited, with all six restaurants and staff to transferred to the new owner.
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NewsLeon ramping up self-serve coffee kiosk roll-out
The fast food brand plans to more than double the number of its coffee kiosks by the end of January, to over 200, with more than 100 additional kiosks to launch in Asda.