All articles by Georgi Gyton – Page 8
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News
First Night Time Economy Advisor appointed for West Midlands
Restauranteur Alex Claridge has been appointed to the role and will act as a champion for the region’s pubs, clubs, bars and restaurants
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News
Black Sheep Coffee makes MD promotion
The coffee shop business promoted Isobel Childs to the role of managing director, from finance director, earlier this month
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News
Pubs looking to capitalise on Coronation
Pubs and breweries up and down the country are planning to host special events, brew limited edition beers and make the most of the extended opening hours
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News
Pret CEO won’t rule out further pay rises
Pano Christou said one of Pret’s main priorities was to look after its staff, and that further pay rises could well be on the cards if inflation continues at current levels
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News
McDonald’s reports consistent global sales performance
The fast food brand reported strong global sales growth across each of its market segments, with guest counts up across the world
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Interviews
Whitbread: ‘We are mindful of operating in the value restaurant space’
The group has implemented some price rises but looks to boost performance through an improved customer experience, CEO Dominic Paul tells MCA
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News
Hospitality among sectors struggling most with recruitment
Eight-three percent of hospitality companies reported that they were struggling to recruit enough workers, a new survey by the British Chambers of Commerce (BCC) finds
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News
Whitbread F&B sales behind pre-pandemic
Sales were 40% ahead of FY22 for the 52 weeks to 2 March 2023, however they remained 4% behind pre-pandemic levels
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News
Loungers achieves ‘industry-leading’ like-for-likes
The group reported stronger like-for-like sales growth in H2 FY23 of 11.8%, and record revenue for the financial year of £285.3m
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News
Openings of the week
MCA rounds-up the biggest openings stories of the past week, featuring Daisy Green, EL&N, Chopstix and more
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Analysis & Insight
Foodservice price inflation shows signs of easing
Food price inflation fell slightly year-on-year to 20.6% in February, but margin pressure for operators is still expected to increase this year, according to the latest CGA Prestige Foodservice Price Index.
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News
Urgent intervention needed to save hospitality businesses
With sustained inflation levels and a drop off in support from the government on energy costs, UKHospitality is urging energy regulator Ofgem to force suppliers to play their part in supporting businesses
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News
Island Poké 'very confident' about central London trade
Island Poké is aiming to open seven to 10 new locations in the capital per year, as part of c.100 potential locations identified in the UK, its head of property Hux Norman tells MCA.
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News
Subway deal value see $3bn fall
The sale price of the global sandwich chain could be cut from $10bn to $7bn as a lack of interest from prospective buyers has forced it to push back bidding deadlines, it has been reported.
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Analysis & Insight
Dinner experiences decline in channel share
The dinner day-part has seen its occasion share decline by 1.4ppts year-on-year, in the four weeks to 19 March 2023, according to the latest Lumina Intelligence Eating and Drinking Out Panel data.
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Analysis & Insight
Significant number of consumers planning cuts to nights out
More than three-quarters of consumers are planning to cut down on nights out, the latest Rekom Night Index has found.
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Analysis & Insight
Restaurants saw boost to spend over Easter
Hospitality and leisure businesses benefitted from a 2.7% increase in the total number of sales as the warmer weather saw people come out and spend, according to new data
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News
Brasserie Bar Co has strong pipeline of freeholds
The group, which achieved ‘record-breaking’ sales in the year to 26 June 2022, has since acquired three new freeholds with a big pipeline of further sites on the horizon
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Interviews
Red Oak Taverns: ‘We have the firepower for a large acquisition’
The leased and tenanted business has the capital to almost double its estate – but finding suitable site opportunities is proving a stumbling block to growth, co-founder Mark Grunnell tells MCA
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News
Greggs rolls out eco learnings to 250-plus shops
The food to go retailer said it had made significant progress on the 10 targets that form part of its Greggs Pledge, including the reduction of food waste and increase in healthier food options