All articles by Georgi Gyton – Page 63
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NewsHostmore reduces losses following year of growth
The operator of Fridays and 63rd + 1st saw strong like-for-like (lfl) growth last year, but in the eight weeks to 27 February 2022 lfl sales were down around 3% on 2019 levels
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NewsNew chairman at Hostmore
Neil Johnson is due to be replaced by Gavin Manson, following the group’s AGM in May
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Analysis & InsightRestaurants’ like-for-like sales up 9% in February
Bars also saw strong growth of +7%, as they benefited from the scrapping of vaccination passports, but pubs fared less well, according to the latest Coffer CGA Business Tracker
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InterviewsGail’s: ‘Holy grail property deals are few and far between’
Competition for prime sites is strong, and unless you are offering something new you may miss out, says property director Brett Parker
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NewsIn pictures: Rekom opens debut Heidi’s in Cardiff
The late-night operator has brought the Scandinavian brand to the UK as part of its wider growth and acquisition strategy
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NewsWasabi targeting suburban growth as part of portfolio expansion
In accounts just published for the group, Wasabi said its business model had undergone significant changes as a result of the pandemic.
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NewsPret appoints new food and coffee director
Katherine Bagshawe joins the business from Dobbies Garden Centres, where she was head of restaurants
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NewsBurger King suspends corporate support in Russia
The fast food chain announced that it has suspended all of its corporate support for the Russian market, including operations, marketing and its supply chain
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InterviewsPret: ‘We are trying to be nimbler and more data led’
Speaking at MCA’s Food to Go Conference, Lucy Winzer dicussed Pret’s more unconventional sites, such as Southgate petrol station and its takeaway and delivery only site at Cobham
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InterviewsVarious Eateries: ‘Property landscape the best it has been in years’
The Hugh-Osmond backed operator has the ability to find sites at terms that have not been around since the 90s, CEO Yishay Malkov told MCA
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NewsMission Mars continues with Rudy’s rollout
The new restaurant will be situated within the former Lloyds Bank on Barlow Moor Road and will take the Rudy’s estate to 10 sites
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NewsKFC UK & Ireland appoints interim GM
Chief people officer Neil Piper has been appointed as interim general manager following the departure of Paula MacKenzie this week, following 11 years at KFC.
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Analysis & InsightFood to go sector to reach £23bn by 2025
The sector took a significant hit during the pandemic, but it is expected to rebound, with the CAGR set to stabilise at 2.5% between 2022 and 2025, revealed Lumina Intelligence at MCA’s Food to Go Conference yesterday
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NewsCaffè Nero resumes UK openings programme
Caffè Nero is to open two flagship airport sites within Stansted and Belfast airports, with six further store openings in the coming months
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NewsVarious Eateries looks to spread geographical wings
The Coppa Club and Tavolino operator is considering venues in Cardiff, York, Manchester and Birmingham, executive chairman Andy Bassadone told MCA
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NewsGreggs to further capitalise on its multichannel offering
CEO Roger Whiteside said the brand had an opportunity to grow its market share with retailers
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NewsRevolution announces two new senior hires
The bar group has appointed a new brand operations director and head of growth and digital as it looks to kick-start its pipeline expansion
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NewsWelsh government urged to remove work from home guidance
With footfall still low in high street and city centre locations, UKHospitality is calling on the government to remove its guidance to work from home
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NewsItsu expects to resume lfl growth in the first half of 2022
In its most recent accounts, the business said it was well positioned to take advantage of the opportunities created by the pandemic
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NewsVarious Eateries’ revenue up by a third
The appeal of the group’s Coppa Club and Tavolino brands held strong last year with trading momentum encouraging since the year end in October, and strong pipeline of prime sites in place, it said