All articles by Georgi Gyton – Page 71
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Analysis & InsightHospitality sector remains unconvinced by value of calorie labelling
The new legislation, which comes into effect from today, has been branded as “totally unnecessary” and “silly” by operators, while trade bodies are calling for leniacy around the deadline for implementation
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NewsNeyba looks to raise £15m to fuel London expansion
The kitchen and grocery store concept, launched by Burger & Lobster founder Misha Zelman, and former Harrods marketing lead Ben Hedley, is targeting 14 sites in the capital within a year
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NewsBrasserie Bar Co ready to exploit opportunities
The White Brasserie and Brasserie Blanc operator is now “exceptionally well capitalised” following its sale to Alchemy
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NewsIncreasing optimism among business leaders
Sixty-five percent of hospitality leaders are confident about the next 12 months, according to CGA and Fourth’s Business Leaders’ Survey
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NewsHospitality staff under increasing pressure
Job satisfaction rates among front line-line hospitality workers has fallen as staff feel under increasing pressure, according to a new survey by employee experience platform Harri and CGA.
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NewsWahaca planning ‘measured expansion’
Wahaca is beginning a ‘measured expansion programme’ in London, targeting openings in key locations such as King’s Cross, Victoria and several London suburbs.
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NewsFulham Shore expecting profit to exceed expectations
The group, which operates Franco Manca and The Real Greek restaurants, is forecasting revenue and EBITDA above pre-Covid levels with 18 new sites planned for this year
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NewsChik’n planning for 10 new sites alongside rebrand
From Chik’n to Chicken Shop – the concept led by John Nelson is looking to expand its reach with new openings and a partnership with Soho House Group
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InterviewsThe Alchemist: ‘It’s been a record year’
With strong cash reserves, the bar and restaurant group plans to open new UK sites and push forward with a launch in Germany, chief executive Simon Potts told MCA
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Analysis & InsightDeliveroo CEO disappointed with share price since listing
In its first annual report since the delivery company listed last year, founder and CEO Will Shu admitted share price performance had been “poor”
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InterviewsShepherd Neame: ‘We need to unlock our full potential’
New pubs MD Jonathan Swaine will be a key factor in driving forward the managed and tenanted estate, as the business begins to look outwardly again, CEO Jonathan Neame tells MCA
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NewsFood inflation at highest level in decade
Grocery inflation reached 5.2% last month – the biggest increase since April 2012, according to figures by Kantar, putting extra pressure on consumer spending
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NewsTrading growing steadily at Barkby
Barkby Pubs saw strong trading between July and September 2021, with record revenue and profits for that quarter, and is looking for further acquisition opportunities
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NewsIn pictures: Zizzi’s first new restaurant since 2019
The new Leicester site in Fosse Park is the latest in the chain’s rollout of its refreshed look, with artwork inspired by the local area alongside its wood-fired pizza ovens
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NewsShepherd Neame achieves ‘strong rebound’ in sales
The brewer and pub operator, which announced the issue of its first dividend since October 2019, said most of its London pubs were now trading at near normal levels
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InterviewsSeafood Pub Co: ‘We have got so much firepower behind us’
Joycelyn Neve, MD at Oakman Group’s Seafood Pub division talks to MCA about the evolution of the brand and prospects for growth
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Analysis & InsightBerenberg: ‘TRG’s growth outlook is best-in-class’
The analyst said that despite facing significant cost inflation this year, it thinks TRG can still outperform consensus earnings expectations
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NewsDrake & Morgan sees strong return to trading
The bar and restaurant group has seen a strong return to trading levels since the removal of Plan B restrictions at the end of January, as it recovers from a tough FY21 financial year.
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NewsStarbucks planning 140 new UK sites
Following a return to profit, the coffee chain is looking to push ahead with its growth plans, with half of the 140 new UK sites this year expected to be drive-thrus
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NewsBrighton Pier Group reports ‘very strong’ H1 performance
The family entertainment group’s bar division traded ahead of expectations, achieving revenue of £6m, vs. £0.7m in 2020