All articles by Georgi Gyton – Page 43
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NewsThorley Taverns sees revenue double
The Kent-based hospitality company saw turnover increase from £6.7m in 2021, to £13.4m for the full year to 30 June 2022.
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NewsTRG expected to put forward ‘cogent strategic plan’
Analyst Singer has said that while it expects the plan to address the rebuilding of shareholder value and profitability, it does not anticipate radical action
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NewsStarbucks ends speculation about UK sale with £30m investment
The coffee shop chain as ended speculation about a potential sale of its British business, announcing plans to invest millions in the refurbishment of its existing sites and open 100 new coffee shops in the UK.
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NewsPubs can stay open later for King’s Coronation weekend
Pubs, bars and clubs in England and Wales will be able to serve customers until 1am between Friday 5 and Sunday 7 May
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NewsRumours circulate about TRG pub sale
There is speculation that The Restaurant Group could be weighing up a potential sale of its pubs business Brunning & Price following pressure by activist investor Oasis
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NewsWendy’s targeting 45 UK restaurants this year
The burger chain intends to “lean in on our strong start” in the UK and Europe, by continuing to grow the UK market alongside traditional franchisees
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NewsNando’s launches new creative marketing campaign
This Must Be The Place forms part of a national brand marketing campaign which looks to celebrate the uniqueness of the Nando’s experience.
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NewsPret announces third pay rise for staff
The omnichannel retailer will give UK shop staff a further 3% pay rise from 1 April. This comes in addition to a 5% increase that came into effect in December, and a rise in April 2022.
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NewsWingstop appoints new head of marketing
Malachy O’Keeffe joins the fried chicken operator from Pho, where he was marketing manager
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NewsFood inflation hit 17.1% in February
Food items such as milk, eggs and margarine saw the fastest rises in price last month, according to new data from Kantar.
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Analysis & InsightVarious Eateries is confident the fog will clear
CEO Yishay Malkov concedes that the Coppa Club operator’s bottom line took a big hit last year, but he is confident its strategy for maintaining slow and steady growth will pay off
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NewsCapco sees positive momentum in Covent Garden
The landowner, which is due to merger with Shaftesbury later this month, said F&B was among its highest performing categories in terms of leasing demand
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NewsJust Eat sees some of largest gains in UK & Ireland
Revenue for the UK and Ireland was up 6% to €1.3bn., with adjusted EBITDA “improving significantly” from -€107m in 2021, to +€23m in 2022
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NewsCurrent fruit and vegetable shortage likely to be short-lived
Supplies of low stock items, such as tomatoes and cucumbers, should pick up from early spring, but there are warnings of further issues down the line…
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NewsRoxy Leisure makes MD appointment
Ben Warren will support current CEO Matthew Jones as the leisure group looks to accelerate its expansion plans
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Analysis & InsightMCA Introduces: Brightside
From avocado bathroom suites to creamy Formica-topped tables, Loungers has sought to epitomise 21st century nostalgia at its new roadside dining concept, chairman Alex Reilley tells MCA
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Newsitsu to open 18 UK sites this year
The healthy Asian fast food brand is due to open six equity sites and 12 franchise locations in the UK this year, founder Julian Metcalfe has told MCA.
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Analysis & InsightA third of operators at risk of failure
The real term impact of inflation has put many are at risk of collapse despite record sales, according to data from UKHospitality and CGA
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NewsLeon adds to London estate
The brand has opened sites in Earls Court and Hanover Square this week, following other recent high-profile openings including Southbank, Battersea and Brixton.
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NewsRoger Wade launches new investment fund
The founder of Boxpark has launched an early-stage SEIS/EIS investment fund called BoxFund, which markets itself as supporting “people and ideas”