All articles by Georgi Gyton – Page 76
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NewsState of Play back with a Bounce
The competitive socialising operator is to open its first Bounce site in seven years, and has appointed a new development director to oversee the group’s growth in the UK
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NewsSupport measures needed to aid ‘living with Covid’
UKHospitality has said there are five key support measures needed from government to support the sector to rebuild and recover, and to instil confidence in consumers
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NewsNightcap pushes ahead with growth plan
Nightcap has lined up its next two openings, in Exeter and Cardiff, with another 24 sites currently in legals or under offer, as it continues to see favourable conditions in the property market
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NewsFood inflation reaches 3.5%
Year-on-year inflation in the foodservice sector reached 3.5% in December 2021, with further rises expected to come, according to the latest CGA Prestige Foodservice Price Index.
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NewsDelivery and takeaway sales see further increases
Home delivery and takeaway sales through restaurant and pub groups were up 138% in January 2022 compared to 2019, according to the latest CGA & Slerp Hospitality at Home Tracker.
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NewsKFC: ‘We are still seeing huge demand for dine-in’
“Huge demand” for dine-in restaurants from both existing and new customers has been a key factor in KFC UK & Ireland’s ambitious new opening target, managing director Paula MacKenzie tells MCA
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Analysis & InsightSustainability a key factor in ordering decisions
Deliveroo’s Share of Stomach found 61% think carefully about where their food comes from, while awareness about health and nutrition is also a high priority
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NewsWagamama launches new lunchtime delivery concept
BOX is a new lunchtime delivery concept designed for the hybrid worker and will be available across London and Leeds
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NewsSalt Yard and Bababoom to join Westfield line-up
Unibail-Rodamco-Westfield signed over 50 new occupiers across its two London sites in 2021, almost half of which were in the hospitality and competitive socialising sectors
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NewsHeineken to increase price of beer
Increasing cost pressures have prompted the manufacturer of brands including Birra Moretti and Desperados to put up the price of its beers
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Analysis & InsightPopularity of restaurant lunches on the up
Lunch’s share of occasions increased by +9ppts in the 12 weeks to 23 January, with dinner occasions seeing a decline, according to Lumina Intelligence’s new UK Restaurant Market Report 2021/22
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NewsHeavitree saw revenue fall 8% in 2021
Chairman Nicholas Tucker said that while the trading environment remained testing, there were plenty of customers determined to enjoy the offering provided by its pubs
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NewsCorbin & King fights off High Court challenge
MI Squared – a subsidiary of the restaurant group’s largest shareholder Minor International – had sought to block the business from repaying a £34m debt to its Thai backer, after Minor called it in
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NewsLeon launches Club app
Leon launches the first iteration of its app ‘Leon Club’ today in response to feedback from guests on what they look for in a digital loyalty scheme.
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InterviewsJust Eat: ‘Cost took a backseat to growth’
Improving the profitability of its UK business is a key focus for Just Eat as the growth it achieved during the pandemic meant costs took “a secondary seat”, UK MD Andrew Kenny tells MCA.
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Analysis & InsightAverage spend increased during January
Average spend increased by +3.7% in the four weeks to 23 January 2022, according to new data from Lumina Intelligence.
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NewsBranded restaurants fuelling turnover growth
The top 10 branded restaurants by turnover are expected to achieve sales of £3bn in 2022 – exceeding 2019 levels - according to Lumina Intelligence’s new UK Restaurant Market Report
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InterviewsJust Eat: ‘Hybrid working is a tailwind for our business’
The delivery aggregator is encouraged by current patterns in trade and believes there are opportunities for the breakfast and lunch occasions, UK MD Andrew Kenny says
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NewsBrewDog to launch official complaint against BBC
Co-founder and CEO James Watt said “the BrewDog I know and love” was not represented in the BBC Scotland documentary, which the company claims contained “dozens of inaccuracies”
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NewsInn Collection Group poised for £300m sale
The Inn Collection Group is set to be sold by Alchemy Partners to a new company backed by Bourne Leisure tycoons the Harris family, in a deal valued in the region of £300m