All articles by Georgi Gyton – Page 89
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NewsMay brought ‘unspectacular return’ to indoor trading, with sales down 26%
Managed pub, restaurant and bar groups in Britain recorded a 26% drop in sales for May 2021, compared with the same month in 2019, according to the latest Coffer CGA Business Tracker.
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InterviewsArc Inspirations: ‘We’ve been surprised at the competition for sites’
There is a surprising amount of competition between operators for the best sites, Martin Wolstencroft, chief executive of Arc Inspirations has found.
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InterviewsChilango: ‘We’d like to have a further 30 sites by 2025’
Mexican-inspired chain Chilango is aiming to open a further 30 restaurants by 2025, managing director Richard Franks has told MCA.
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InterviewsRent debt issue showing positive signs of development
Recommendations being put forward to government on how to tackle the growing issue of rent debt are broadly in line with what UKHospitality and its members have been asking for, according to its director of strategic affairs Tony Sophoclides.
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Analysis & InsightConfidence in pub sector is growing, says ONS
The percentage of pub and bar operators who had “high confidence” in their business surviving the next three months is growing, pushing past the 20% mark for the first time since November last year.
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NewsChilango appoints new head of people
Chilango has appointed Carrie Bowers as its new head of people and culture.
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NewsGreggs appoints new non-exec
Greggs has appointed Mohamed Elsarky as an independent non-executive director, with effect from 21 June 2021.
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NewsSSP expects pre-Covid revenues to return by 2024
SSP has said it had delivered “a resilient performance” over the six months to 31 March 2021, despite revenue being down 78.8% at constant currency rates, to £256.7m.
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InterviewsRekom UK: ‘We’ve opened our nightclubs as nightpubs’
Rekom UK has reopened the majority of its nightclub venues as ‘nightpubs’ due to increasing nervousness that the 21 June roadmap date would be delayed, chief executive Peter Marks told MCA’s The Conversation.
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NewsFears grow over ‘smoke and mirrors’ reopening
Lockdown laws could be replaced with restrictive guidance later this month, in what has been described as a ‘smoke and mirrors’ reopening.
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NewsCamile Thai in US dark kitchen partnership
Camile Food Group has partnered with US ghost kitchen operator Kitchen United MIX, in order to launch its Camile Thai brand in the United States.
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NewsDrake & Morgan receives approval for CVA
Drake & Morgan has secured approval to enter a Company Voluntary Arrangement (CVA), with 90% of creditors voting in favour of the proposals at a meeting last week.
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InterviewsM&B’s Bob Ivell: ‘I wouldn’t have wanted to do anything else’
Bob Ivell says he is often asked by friends why he hasn’t retired by now. For the Mitchells & Butlers (M&B) non-executive chairman, the answer is simple: ‘We have +1,700 of the best pubs and restaurants in the UK – why would I want to?’
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Analysis & InsightVisits down but spend up
Consumer spend in pubs and bars was up 28% on average over the 12 weeks to 16 May 2021, compared with the same period in 2019, despite visit frequency being down, according to new data from Kantar Worldpanel.
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NewsItsu: ‘We have the potential to add another 150 UK sites’
Itsu is to open its first franchise UK franchise site later this year, as well as its first in Europe, as the business looks to expand its footprint in this country and internationally, chief executive Ganan Kanagathurai has told MCA.
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NewsDeposit Return Scheme must be workable for operators
UKHospitality has claimed the government’s proposed Deposit Return Scheme (DPS) would lead to increased business costs and bureaucracy and have said it must be made workable for hospitality operators.
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NewsWagamama launches new cook at home range
Wagamama has launched a new cook at home range, inspired by the response to its online cooking series Wok From Home.
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NewsPrezzo to open first new restaurant in three years
Prezzo is to open a new restaurant within owner Cain International’s Islington Square development in North London – its first opening since 2018, with more in the pipeline.
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Analysis & InsightEating out frequency expected to fall for a third of consumers
Almost a third of consumers (29%) plan to eat out less frequently than they did pre-pandemic, with the intention to eat out less often the highest among 45-64 year-olds, according to a new report from Lumina Intelligence.
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NewsUKH & DWP join forces on jobs
The Department for Work & Pensions has teamed up with UKHospitality to help promote jobs in the hospitality sector in order the help tackle the issue of the staffing shortages currently being experience by a number of operators.