All articles by Georgi Gyton – Page 52
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NewsJollibee 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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NewsPizzaExpress 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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InterviewsWimpy: ‘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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NewsTortilla 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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NewsJens 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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NewsMcDonald’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
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NewsCity Pub launches share buyback programme
The 40-strong pub group has commenced a share buyback programme, in respect of its ordinary shares of 1p each, as referenced in its interim results last month
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NewsBurger & Lobster achieves 40% rise in revenue
The nine-strong London restaurant group achieved EBITDA of £1.8m in the year to 2 January 2022 and said it was actively looking for new sites in the UK and overseas
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NewsRare Restaurants’ owner turns around £11m loss
Parent company Lomo Topco has announced turnover for the group, which operates Gaucho and M Restaurants, of £53m for the 53 weeks to 2 January 2022, up from £29.6m in 2020
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InterviewsNisha Katona: ‘There was no playbook for me on leadership’
The ability to enrich the lives of others and for staff to finish their shift “walking a bit taller” is what motivates the founder and CEO of Mowgli
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Analysis & InsightFive Guys boosts UK profits
Five Guys has reported a 45% increase in revenue within its UK business, to £237.3m for the year to 31 December 2021,with profit after tax of £26.2m - up from £1.8m the prior year.
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NewsFuller’s appoints Sam Bourke to marketing role
The pub and hotels business has appointed Sam Bourke as its new retail marketing director, as it looks to improve the business’ existing brand, digital and in-pub marketing activity.
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NewsRevenue up but pre-tax profit down at Tortilla
The fast-casual Mexican restaurant business reported strong like-for-like sales in the first half of FY21 and into the summer, despite the impact of the heatwave and rail strikes
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NewsBurger King UK to acquire 74 franchise restaurants
The business, which has secured £110m in fixed-term financing, is to indirectly acquire the sites from its second largest franchise partner, through the acquisition of the Karali Group.
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NewsRedCat appoints new CEO
RedCat Pub Company has appointed Phil Birbeck as its new CEO after Chris Hill announced he was stepping down from the business.
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NewsMcDonald’s Restaurants see strong profit uplift
The UK business achieved profit after tax of £113m for the year to 31 December 2021, compared to a loss of £19m in 2020, with like-for-like sales up in 2022
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Analysis & Insight‘Being sustainable is an ongoing journey’
Both Nando’s and Rare Restaurants are working toward a target of becoming net zero by 2030, but the work doesn’t stop there, MCA’s Restaurant Conference heard
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NewsDes Gunewardena to leave D&D
D&D London’s chief executive Des Gunewardena is to step down from his role at the restaurant group, with co-founder, COO and deputy chairman, David Loewi appointed as interim CEO.
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NewsPub and restaurant groups see share value plummet
Escalating energy costs combined with the impact on the economy from the government’s mini-budget has sent share prices tumbling further down
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NewsFlat Iron appoints interim people director
Former Big Table Group HR director Claire Clarke joins the London restaurant group following a three-month stint as interim people director at Loungers