All articles by Georgi Gyton – Page 52
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NewsGDK appoints new FD
The Hero Brands owned business has appointed Kevin Giudici as its new finance director.
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NewsGovernment partnership key to net zero success
Hospitality businesses are committed to reducing their carbon footprint, but cash flow is tight so additional financial incentives are needed, UKHospitality has said
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NewsMcDonald’s UK customers still attracted by its value
Despite the impact of high inflation and energy prices, consumers are still returning to the fast-food chain for “the value we offer”, president and CEO Chris Kempczinski has said.
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Analysis & InsightDrinks grow share of delivery occasions
With share up 15% so far this year, drinks represent a growing opportunity for operators, according to the latest CGA by NielsenIQ Hospitality at Home Tracker.
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NewsZizzi to launch new loyalty platform
Zillionaire’s Club will reward customers each time they visit its restaurants, use click and collect or purchase Zizzi for delivery. There are also plans to link it to the brand’s retail products.
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NewsWimpy UK achieves 14% sales uplift
While sales rose during the six months to 31 August 2022, the Famous Brands owned business said the cost of living crisis had “eroded consumer confidence” in the UK.
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NewsCaffè Nero reports strong Q1 sales
Sales in the four months to the end September 2022 were at 107% of pre-pandemic levels, with the coffee chain planning for seven new UK openings in Q2
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NewsNando’s appoints new group CFO
The restaurant chain has appointed Matthew Edward Bennison as its new group chief financial officer, taking over from Luke Tait.
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NewsFurther rail strikes announced for November
Workers will walk out on 3, 5 and 7 November, with the unions threatening mass strikes heading into the winter
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NewsRevolution Bars Group is back in the black
The group turned around a £26.3m loss in 2021 to report a profit before tax of £2.1m in the 52 weeks to 2 July 2022, but recent sales have been hit by falling consumer confidence
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NewsRevolution Bars Group acquires Peach Pub Company
The operator of the Revolution and Revolucion de Cuba brands has acquired the 21-strong operator of premium food-led pubs for a consideration of £16.5m as it looks to diversify its growth strategy.
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NewsBeer supply threatened in run up to World Cup
GXO Logistics drivers, who deliver around 40% of UK beer, have announced they will go on strike between 31 October and 4 November over pay, Unite has said.
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Analysis & InsightLunch on the go purchases get the chop
Almost a third of consumers are now choosing to take a packed/home-made lunch into the office rather than purchase food on-the-go, according to data from Barclaycard.
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Analysis & InsightBar groups see 16% drop in like-for-likes
Like-for-like sales across Britain’s managed pub, bar and restaurant groups were down 3% on September 2021, but still up on pre-pandemic levels, according to the Coffer CGA Business Tracker
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NewsPaul UK announces move into franchising
The bakery and patisserie chain has secured its first franchise partner in the UK as it looks to drive store growth outside London.
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NewsFridays launches ‘Show Your Stripes’ campaign
The campaign, which encourages guests to ‘come as they are’, is part of major repositioning of the brand
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NewsRestaurants set to be hit by supplier strike action
Businesses including Wagamama, PizzaExpress and KFC are facing the possibility of “severe disruption” to their supply chain after GMB launched a strike vote at Best Food Logistics.
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NewsHeavenly Desserts to accelerate store openings
The high-end dessert parlour is looking to open 20 UK sites next year, and further its international reach, managing director Yousif Aslam tells MCA
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News‘Alcohol duty freeze would have saved £300m’
The announcement by new Chancellor Jeremy Hunt is a “huge blow” for the sector which is facing “out of control” costs, according to BBPA chief executive Emma McClarkin
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NewsHospitality workers losing £200m a year in tip deductions, Labour claims
The party has pledged to “stamp out” unfair deductions and will set out plans this week to ensure employers allocate all tips to staff