All articles by Georgi Gyton – Page 70
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NewsMinor appoints advisory board for UK portfolio
MINT said the board would provide guidance on strategic decisions to “balance growth and legacy” for all its businesses in the UK, which now includes Corbin & King
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NewsDeliveroo shares fall just short of new low
Shares in the delivery business fell 1.1% yesterday, to close at 108¼p, less than a third of the 390p at which they were listed last March, despite growth in GTV and order volumes in Q1
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NewsSwingers forecasts £22m UK revenue this year
The business will launch its second venue in Washington DC in February 2023, as part of plans to open three locations next year as it looks to expand in the UK and US
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NewsArc Inspirations secures £19m investment from BGF
The northern bar operator is looking to double its 18-strong footprint over the next three to five years, by continuing its cluster strategy of opening multiple venues in major UK cities, across its three brands
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NewsHugh Osmond: ‘Shutdown cannot be the automatic government response’
If complete closure of the hospitality sector becomes the automatic response to further outbreaks of Coronavirus, “the sector will become un-investable”, the founder of PizzaExpress has warned
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NewsStonegate reshapes marketing team
Melissa Wisdom has been promoted to sales and marketing director as part of a restructure following the departure of marketing director Nicola Pryce
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InterviewsTortilla: Change in planning law ‘hugely beneficial’
From former retail units to new franchise partners, the fast casual Mexican brand is “pushing all avenues” to reach its target of 45 new sites by 2026
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NewsPret secures new agreement for Irish expansion
An agreement of terms has been reached with existing franchise partner Carebook which will see 20 Pret shops opened across Ireland over the next decade
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NewsGhetto Golf operator secures £5m from Imbiba
Big Fang Collective, which operates Ghetto Golf, Golf Fang and Birdies Bar brands, will use the funding to continue its UK expansion which includes seven new sites over the next two years
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NewsTortilla to accelerate expansion on the back of significant revenue growth
The fast-casual Mexican brand, which listed on AIM in October, achieved revenue growth of +79.5% in the full year to 2 January 2022, with its strong trading momentum continuing post year-end
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NewsGreggs surpasses healthier choices target
The food to go retailer has refreshed the targets in its Greggs Pledge for 2022, which includes increasing the number of its breakfast clubs and reducing food waste
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Analysis & InsightAverage spend fell 9% in Q1 2022
The lunch occasion took the biggest hit, but breakfast saw a rise in average spend of 4% as workers returned to their offices, according to Lumina Intelligence
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NewsNightcap continues with cluster expansion strategy
The operator of several late-night bar businesses has secured a flagship site for The Cocktail Club in Birmingham’s Temple Street
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NewsMcDonald’s takes ownership of largest UK franchisee
Founded by Athul Pathak, Appt Corporation operated 43 sites, with McDonald’s Restaurants Limited acquiring 100% of his shares
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NewsCafé Rouge to roll out new menu
Following trials at its Rouge pilot sites, The Big Table Group operator said it would roll out the new menu across its estate, with working continuing on new design concepts
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Analysis & InsightBars failing to engage on sustainability
Consumers are actively seeking out eco-information, with 49% stating they consider green credentials when choosing a drinks venue, according to a new report
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NewsD&D London adds to senior team
The restaurant group has appointed a new operations director and F&B director as it begins ‘an exciting new chapter’
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NewsMarston’s appoints new director of operations
Kai Hepworth, former ops director at Bill’s and Costa Coffee, joined the brewer and pub operator this month
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NewsStonegate appoints new marketing director
James Metcalfe has been appointed as director of marketing – insight and innovation at the UK’s largest pub group
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NewsKerb to revamp Cucumber Alley
Landlord Shaftesbury said the space adjacent to the main Seven Dials Market would relaunch as a grab and go hub on 8 April, with seven new operators added to the line-up