All articles by Georgi Gyton – Page 6
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News
Mitchells & Butlers reports strong half-year growth
The pub and restaurant group reported like-for-like sales growth of 8.5% for the 28 weeks ended 8 April 2023, and profit before tax of £40m.
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News
Takeaway and branded retail pizzas criticised for salt levels
Action on Salt found one branded pizza contained more than three times the recommended maximum intake of salt of 6g per day, with takeaway pizzas saltier supermarket ranges
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Interviews
Jane O’Riordan: ‘I’m always pushing for innovation’
MCA’s Retailers’ Retailer of the Year discusses her career to date, her passion for the three businesses she chairs and her wish for the sector to see beyond its short-term crises
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News
Gordon Ramsay Restaurants planning Bread Street expansion
The group reported strong sales in the year to August 2022 with a loss of £0.5m, with plans to expand its Bread Street Kitchen brand
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News
Punch sees half year revenues up, but profits down
The group has reported an uplift in revenue to £158.1m for the 28 weeks to 26 February 2023, with a stronger performance in the second quarter compared to 2022
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News
Breal Capital in talks to buy Black Sheep Brewery
The Yorkshire company, which last week announced its intention to appoint admininstrators, said it had been “hit very hard” by the pandemic and rising costs.
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News
Nando’s joins forces with FareShare on employability scheme
The partnership will connect jobseekers with employment opportunities across Nando’s restaurants throughout the UK and Ireland.
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News
Busaba making move into breakfast
The Thai restaurant chain is to trial a breakfast menu at three of its sites from next month with a view to rolling it out to the wider estate.
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Interviews
Jane O’Riordan: ‘Being people centric is critical’
People are a business’ most precious asset and must be looked after, particularly in today’s tough labour market, the chair of Turtle Bay, Red Engine and Caravan tells MCA.
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News
Stonegate’s Suzanne Baker to step down as commercial director
Baker has announced her intention to retire from her current role and will take on a role on the board as a non-executive director.
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Analysis & Insight
Foodservice price inflation under 20% for first time in five months
There has been an easing in the price of key commodities, including dairy, according to the latest CGA Prestige Foodservice Price Index.
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Interviews
Comptoir: ‘We are confident about growing the top line this year’
CEO Nick Ayerst tells MCA how a new vision and strategy at the Lebanese group will deliver positive results in 2023
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Interviews
Amber Taverns: ‘We have the infrastructure and support to grow faster’
The wet-led operator is already averaging between 14-16 new openings year and could grow at an even faster pace if further aquisition opportunities arise, CEO James Baer tells MCA
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Analysis & Insight
Coronation pub sales trump Jubilee weekend
Draught beer and cider sales were up 5.7% over the Coronation bank holiday weekend compared to the Jubilee bank holiday last year, according to Oxford Partnership
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News
Urban Pubs & Bars confident it can ride out the storm
The group has seen strong like-for-like trading of +13% in FY22/23 and is actively looking for additional sites to add to its London-based pub, bar and restaurant estate
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Interviews
Bodean’s founder keen to tap into £8bn sandwich market
Andre Blais is looking to secure a permanent site for his ‘tried and tested’ hot sub concept Gerry’s after raising c.£250k from investors
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News
Greggs opens first airport site with SSP
The new site at Cardiff Airport opened last week in partnership with SSP as part of the food to go brand’s strategy to expand in travel hub locations.
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News
Vurger Co saved in pre-pack deal
The vegan burger concept went into administration at the end of last month after “a painful few years of trading”, with new investment enabling a deal to be done with the founders
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News
Sunday Coronation sales ‘really strong’ for City Pub Group
While this Saturday was a “washout” in terms of the weather and sales, Sunday saw a big boost in trade for the group thanks to Coronation celebrations, executive chairman Clive Watson said
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Analysis & Insight
Easter spend a mixed picture for hospitality
Spend in pubs, bars and on delivery all fared better in April due to the boost in trade from the Easter Bank Holiday, but restaurants saw growth in spend decline further