All articles by Georgi Gyton – Page 54
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NewsDeliveroo appoints new CFO
Scilla Grimble is expected to start her role no later than June 2023, with Adam Miller stepping down from his role as CFO and director in September
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Analysis & InsightBeer increases share of drinks occasions
Consumption increased by 2ppts over the 12 weeks to 15 May 2022, according to Lumina Intelligence, with the shift in share driven by recent sporting events, such as the Euros, and the warmer weather
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Analysis & InsightConsumers reducing spend on eating out
More than half of consumers polled said they had eaten out less than usual (64%) or not got a takeaway (58%), in the previous week, according to a survey commissioned by the BBC.
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NewsPunch shows interest in Amber Taverns acquisition
Punch Pubs & Co is exploring a potential takeover of Blackpool-based pub company Amber Taverns, alongside interest from several other pub companies, Sky News has reported.
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NewsItsu planning 50 franchise sites in France
The Asian-inspired brand has signed a master franchise agreement with French restaurant empire Groupe Bertrand and appointed Nick Schapira as its director of international
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Analysis & Insight‘Operators need to emphasise value for money credentials’
An increasing number of consumers are aligning themselves to price-led values, according to Lumina Intelligence
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NewsGiggling Squid names new exec team
The BGF-backed Thai restaurant group has shuffled its senior team, with several internal promotions, as it continues to expand across the UK
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NewsOpenings of the week
Black Sheep Coffee, The Hush Collection and Brewers Fayre, feature in MCA’s roundup of the latest openings news this week
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NewsGiggling Squid COO departs
Rory Marthinusen stepped down as chief operating officer at the Thai restaurant chain earlier this month, MCA understands, following four years in the role
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InterviewsComptoir: ‘We have built stronger foundations for growth’
The Lebanese restaurant group is looking to add a further five sites to its estate before the end of next year, chief executive Chaker Hanna told MCA
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NewsThwaites records positive performance
The tenanted pub company returned to profit in the year to 31 March 2022 and has emerged from the pandemic in a “strong financial position”, chairman Richard Bailey said.
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NewsInglenook Inns & Taverns completes ‘significant investment’
Inglenook Inns & Taverns has acquired nine freehold pubs from Bolton-based pub company Tonge Leisure, bringing its freehold estate to 55 pubs
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Analysis & InsightLate Night Levy still a cause of concern and frustration
Almost ten years on from its introduction there are renewed calls for the levy to be abolished with a fresh approach to licensing needed in a post-Covid world.
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NewsKFC appoints new GM
KFC UK & Ireland has appointed former CMO Meg Farren as its new general manager, following the departure of Paula MacKenzie earlier this year.
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NewsPret to launch in Spain and Portugal
Pret A Manger has reached an agreement with Ibersol Group to launch Pret in Spain and Portugal as it looks to grow its international reach.
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Analysis & InsightConfidence in business prospects sees ‘noticeable dip’
Seventeen percent of respondents said they were ‘very confident’, compared to 28% in October/November 2021, according to Haysmacintyre’s latest poll.
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NewsRevolution confident of beating market expectations
Revolution Bars Group has said that following strong trading over the Jubilee Bank Holiday its board is confident of delivering adjusted EBITDA of +£10m
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Analysis & InsightInflation outpaces market growth
The UK eating out market is forecast to reach £95.2bn in value this year – a 4% increase on its 2019 value, according to the new Lumina Intelligence Eating Out Market Report 2022
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InterviewsBusaba: ‘The business is in better shape than pre-pandemic’
The Thai restaurant group is looking to grow, despite “a loop of fresh challenges”, managing director Terry Harrison has told MCA.
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NewsUKHospitality launches strategy to tackle workforce crisis
The strategy covers recruitment, skills and training, as well as hospitality’s image as a sector in which to work