All articles by Georgi Gyton – Page 82
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NewsShepherd Neame to offer new year rent reduction
The family brewer and pub operator has announced it will be introducing a 10% rent reduction for its licensees from 1 January 2022.
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NewsSales dropped 40% last weekend
More than half of hospitality venues saw sales fall by +40% last weekend as consumers deserted pubs and restaurants in the run up to Christmas.
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NewsThird of late-night venues fear new year closure
On average, late night venues have lost around £46k per unit in lost sales and cancellations so far over the festive period, according to a new poll by the Night Time Industries Association.
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NewsGaucho and M seeing strong trading
Parent company Lomo Topco said its 16 Gaucho and three M Restaurants had come through the pandemic in as strong a position as could reasonably be expected
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NewsHall & Woodhouse seeing good property opportunities
The Dorset-based brewers and pub operator is on track to add 10 sites to its portfolio this year as part of its growth strategy.
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NewsLeon plans 50 UK openings for 2022
The healthy fast food brand has more than doubled its original openings target for next year as it looks build its presence on a national scale.
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NewsSunak warned over permanent closures
Hospitality leaders have warned Chancellor Rishi Sunak that he must commit to a package of support for businesses within the next 24 hours or risk the permanent closure of 10,000 sites.
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NewsFuller’s closing 20 London pubs ‘indefinitely’
Chief executive of Fuller’s Simon Emeny told Sky News that sales at its London sites were down between 60%-80%.
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NewsJDW appoints employee directors to board
JD Wetherspoon has appointed four employees to its board in an effort to boost its business by having additional ‘pub experience’ at board at a senior level.
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Analysis & InsightGreggs achieves highest share of food to go
The retailer has overtaken McDonald’s to become the dominant player in the food to go sector, increasing its share of occasions in the 12 weeks to 28 November 2021, according to Lumina Intelligence.
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NewsSunak to meet hospitality leaders over crisis
Chancellor Rishi Sunak is due to meet representatives from the hospitality sector later today (17 December), after mounting cancellations and business closures in the wake of Omicron.
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NewsNightclubs in Wales to close after Boxing Day
Night Time Industries Association’s chief executive Michael Kill says the sector has been placed in an untenable position and has no choice but “to come out fighting”.
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NewsJollibee continues strong growth trajectory
The business, which opened its latest site in Nottingham yesterday, is due to open its first restaurants in Scotland in early 2022 as part of a £30m expansion drive in the UK
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NewsHospitality industry desperate for support after £4bn sales drop
Greene King CEO Nick Mackenzie said sales in its pubs in some parts of London were down as much as 70% compared to the same period in 2019.
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NewsTortilla names new operations director
Tortilla has appointed former director at Young’s Stephen Clark as its new operations director, with his predecessor Matt Chapman promoted to franchise director.
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Analysis & InsightOperators count cancellation costs
The industry has been hit by a surge in cancellations as Omicron spreads, however some report these spots are being filled by other “more intrepid” customers
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NewsPrepare to bring back furlough, Sunak warned
The IMF has warned Chancellor Rishi Sunak that targeted support packages must be in place in the event that further restrictions are implemented, The Telegraph reports
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NewsHollywood Bowl reports ‘challenging but rewarding’ year
Hollywood Bowl has strong consumer demand return with record like-for-likes in August.
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NewsDisappointment over vote in favour of Covid passes
NTIA CEO Michael Kill said the government’s public health messaging over recent weeks had cost the industry billions in trade and that these further measures will stretch even the most prepared nightclub businesses
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NewsScottish hospitality venues to see return of social distancing
First Minister Nicola Sturgeon said extra measures were necessary to stop the spread of Omicron with further guidance to be published