All articles by Georgi Gyton – Page 59
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NewsHarts Group reports “satisfactory” year
The London-based restaurant group has reported profit before tax of £331k for the year to 31 July 2021, on the back of a losses in 2020.
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NewsGDK appoints sustainability and procurement lead
The fast-casual brand has named Deon Pillay as its new chief procurement and sustainability officer, as it looks to expand with a further 106 restaurants globally this year
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InterviewsTaco Bell: ‘We’ve massively accelerated our growth’
The QSR brand is just about to open its 100th site in the UK and believes it’s only on “the ground floor” in terms of opportunities, Gino Casciani, general manager for Taco Bell UK & Europe, tells MCA
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NewsThe Vurger Co secures high profile investor
The vegan burger restaurant operator has secured investment from ForGood – a consultancy launched by AS Roma centre-back Chris Smalling.
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NewsPlans for 24-hour Greggs rejected
The food to go retailer has been refused permission to open its new Leicester Square site around the clock over fears of antisocial behaviour.
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NewsKFC warns of further chicken shortages
The fast food chain has been forced to pause its WOW Tuesday offer due to shortages of chicken on the bone, with beans and Pepsi Max cans also in short supply, it has been reported.
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NewsHub Box reduced losses in 2021
The South West-based burger chain said company EBITDA of £1.5m represented its “best ever financial year” and is exploring different funding streams for future growth
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NewsNightcap to launch Bar Academy
The late night bar group, which has lined up another opening in Bristol for its Tonight Josephine brand, is to launch the Nightcap Bar Academy in Camden Market
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InterviewsRockfish: ‘We’re really focused on profitability’
The seafood restaurant group has reported a record year of sales and is optimistic about a strong summer tourist season, founder and CEO Mitch Tonks tells MCA
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InterviewsDarwin & Wallace: ‘We are not standing still’
Founder of the neighbourhood bar group, Mel Marriott, tells MCA her focus is on investing in people, property, and the aspects of her business she can control.
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NewsState of Play secures $10m investment from Red Engine
As part of the deal, Steve Moore, co-founder and CEO of Red Engine, will join the board at State of Play, as it looks to push forward its expansion in the US and UK
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NewsMcDonald’s cheeseburger sees first price rise in 14 years
Food price inflation has forced the chain to raise the price from 99p to £1.19, with increases planned for other menu items
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NewsPromotion for Pizza Pilgrims’ Charlie Warren
The Imbiba-baked pizza restaurant group has promoted Warren from senior managing partner to head of operations
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InterviewsTriSpan: ‘Thunderbird is in a good place’
Robin Rowland admits it was “a steep learning curve” with the fried chicken brand, but a wider rollout is not far off, he tells MCA
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NewsGreggs announces new Primark collaboration
Primark will be selling Greggs-branded bucket hats, bumbags, cycling shorts and hoodies from 5 August, following the success of its initial range earlier this year
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NewsHospitality to be hit by further industrial action
London Underground Workers are set to strike on 19 August in a dispute over jobs and pensions.
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NewsVAT hike hits McDonald’s UK sales
Despite the return of the 20% VAT rate, the fast food giant “continued to build QSR market share” in the UK, Kevin Ozam, CFO, McDonald’s Corporation said following its Q2 results update
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NewsRobinsons returns to profit
The Stockport-based brewer and pub operator experienced strong sales last year, recording a profit before tax of £15.4m, and said it continues to be acquisitive
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NewsFour Star Pizza targeting 45 new stores
The Irish pizza chain, led by Colin Hughes is looking to open stores across mainland and Northern Ireland.
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Analysis & InsightEBITDA margins increase for operators
Average margins across bars and restaurant have increased to 15% over the past 12 months, according to a new report by Shaw & Co