All articles by Georgi Gyton – Page 67
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Analysis & InsightNumber of PE deals double in leisure space
UK-only businesses have been trading at a discount to their international peers, so have become particularly attractive to PE funds, global law firm Mayer Brown reports
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NewsGreggs achieves 27% lfl rise
The food to go retailer said sales in larger cities and office locations continued to lag behind the rest of the estate but that transport hubs had shown a marked increase in activity in recent weeks
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NewsAdventure Bar Group appoints first marketing director
Nightcap has appointed Stonegate’s Alan Armstrong as marketing director at its Adventure Bar Group business.
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NewsAdnams sees demand return to 2019 levels
At its AGM yesterday, chairman Jonathan Adnams said the business had “successfully navigated the pandemic”
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Analysis & InsightImpact of Deliveroo’s union deal called into question
Following the announcement of the “historic union recognition deal” between Deliveroo and GMB, MCA asks what the real impact might be of the move by Deliveroo and its implications for the wider courier model
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InterviewsVarious Eateries: ‘There is no need to go hell for leather’
The Coppa Club operator may have several site opportunities on the cards but expansion will be slow and steady, CEO Yishay Malkov tells MCA
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NewsOpenings of the week
MCA rounds up the latest on new openings, featuring Fridays, The Ivy Asia, Mayfair and CrêpeAffaire
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NewsWendy’s UK achieves ‘solid results’ in Q1
CFO Gunther Plosch reiterated plans to reach 50 to 60 restaurants in the UK by the end of this year, with the growth coming from a combination of company restaurants and delivery kitchens
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InterviewsOle & Steen: ‘We’d like to have 30 sites by the end of the year’
The Danish bakery will open its 19th site in London’s Seven Dials this week, followed by Clapham and Windsor, MD Lee Nixon tells MCA
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InterviewsPunch Pubs & Co: ‘Fireside is a chameleon concept’
A year on from the launch of Punch’s Fireside concept, MCA catches up with the pub company’s director of marketing and strategy, Russell Danks, to discuss its evolution and plans for future growth
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NewsChopstix appoints first franchise director
Aaron Moore-Saxton joins the Asian QSR brand from Itsu, where he was director of partnerships
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NewsSt Austell Brewery returns to profit
CEO Kevin Georgel said the business experienced “unprecedented levels of demand” following lockdown, achieving underlying operating profit of £11.3m for the 52 weeks to 1 January 2022
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NewsZanna Hospitality to expand in Liverpool
The North West based operator is to open four venues within the new Flannels department store in the city
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Analysis & InsightDelivery fees could provide respite for Domino’s
The majority of franchisees are now charging fees ranging from 99p to £2.50 but it is unlikely to have a major impact on demand, analyst Berenberg believes
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Analysis & InsightFoodservice price inflation hits 13.6%
Oil & fats showed the highest levels of year–on-year inflation in March 2022 – up more than 50% – according to the latest CGA Prestige Foodservice Price Index
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InterviewsStar Pubs: ‘New ways of working are creating opportunities for pubs’
The hybrid working model is creating opportunities for great pubs in the suburbs – but that doesn’t mean city centres are dead, Star Pubs MD Lawson Mountstevens tells MCA
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Analysis & InsightHospitality workers clocking up more hours
The post-pandemic weekly average varied across the sector with employees in wet-led businesses working an average of 23 hours compared to +40 hours in fine dining establishments
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NewsNightcap appoints group people director
Rebecca Rose joins the late night bar business from Various Eateries, where she was people director
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NewsHawksmoor lines up Liverpool restaurant
The Graphite-backed restaurant business has lined up a site within the Grade II listed India Buildings in the city, with the opening pencilled in for later this year
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NewsWingstop: ‘UK market is blueprint for success’
President and CEO Michael Skipworth has said its success in the UK was a “clear demonstration of the power of our international growth strategy”, with 15 UK openings slated for 2022