All articles by Georgi Gyton – Page 46
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Analysis & Insight
Menu price inflation slowed during summer months
Between February and September total food menu price inflation rose to +4% but was only +0.9% in the latter four months, according to Lumina Intelligence.
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News
Disappointment over lack of formal review for Late Night Levy
UKHospitality said any review would show the enormous impact of the levy on business and it continues to call for it to be abolished.
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News
Stonegate CEO stepping down with BrewDog’s COO to replace him
Simon Longbottom is to step down as CEO of UK’s largest company early next year, with BrewDog’s chief operating officer David McDowall appointed as his successor.
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News
JDW sees like-for-like growth above 2019 levels
The pub company achieved a 9.6% increase in like-for-like (lfl) sales in the first 14 weeks of the financial year, versus 2021 figures, with lfl growth of 0.4% on 2019 levels.
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Analysis & Insight
Out-of-town locations have seen uptick in fortunes
The popularity of out-of-town destinations with operators such as Tim Hortons and Greggs has lead to a significant uplift in the rents that can be achieved in this format, Savills said.
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News
Calls for government to support Hospitality Rising
A collection of trade bodies have written to the Secretary of State for Work and Pensions calling on him to support the new campaign and ensure careers in hospitality are on the radar of young people
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Interviews
Loungers: ‘Brightside will be distinctly different from competition’
While the roll-out of a branded offering is something new for the café-bar and restaurant operator, founder and chairman Alex Reilley tells MCA the roadside concept has great potential and will offer an experience worth stopping for.
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News
The Alchemist secures York site
The bar and restaurant group is set to open its first site in York, next year, after securing a 5,000 sq ft space at The Coach House building in the city.
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News
Expanded net zero roadmap for brewers
The British Beer and Pub Association and Zero Carbon Forum have today published the extended, targeted, roadmap for the brewing sector, as the COP27 summit kicks off in Egypt.
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News
Energy suppliers undermining benefits of Energy Bill Relief Scheme
Some hospitality businesses have received quotes for fixed electricity contracts way above the wholesale price, UKHospitality claims
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News
Loungers launches roadside concept
The new restaurant brand, called Brightside, is designed to reinvigorate roadside dining in the UK, with the first location to open near Exeter, in February, and two further sites planned for the spring
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Interviews
Paul UK: ‘We want to make the brand more accessible’
The brand may have a 130-year history, but Paul is little-known outside London… not for much longer, CEO Mark Hilton tells MCA
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News
Swingers looking to US for growth
The experiential crazy golf concept has not ruled out further UK sites, but believes there is more opportunity for them in American cities
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News
JDW appoints new nomination committee chair
Ben Thorne joins as chair of the pub company’s nomination committee, taking over from Sir Richard Beckett, who retires from the board on 17 November 2022.
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Analysis & Insight
Solo and younger consumers key targets for World Cup sales
Key to pubs and bars’ success over this period is going to be increasing the dwell time as much as possible, with food and drink packages an important tool to use, according to Lumina Intelligence.
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News
Star Pubs exploring ‘work from pub’ packages
The Heineken-owned pub company said just over half (55%) of home workers would be open to working from a pub, according to its latest consumer sentiment survey.
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News
West End property values fall
The value of commercial property in the West End of London is falling as higher interest rates impact the area’s recovery, however pre-Christmas trading has been strong
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News
TRG names new marketing director
Andreia Harwood will join The Restaurant Group’s Leisure & Concessions division (TRG L&C) from Lemon Pepper Holdings.
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News
Paul UK looking to introduce café format
The French bakery chain is looking at converting some of its traditional format sites to the Paul le Café format, CEO Mark Hilton told MCA.
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News
Neat Burger to expand in Middle East
The vegan burger brand, supported by Lewis Hamilton and Leonardo DiCaprio, will open a franchise location in The Dubai Mall later this week.