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All articles by Georgi Gyton – Page 99
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NewsDeliveroo continues to see strong growth in GTVs
Founder and CEO Will Shu said the business had continued to make good progress executing against its strategy, resulting in a strong performance in Q3.
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NewsFamously Proper appoints new COO
Nicolas Barnoin, who joins from Itsu, will work across Famously Proper’s Byron Burger and Mother Clucker businesses.
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NewsGiggling Squid still considering IPO
Giggling Squid is to look at its options with regards to a potential flotation early next year, co-founder and chief executive Andy Laurillard has told MCA.
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NewsETM appoints property director
George Copeman has been appointed to the newly created role across ETM and Maven Leisure – the new venture from ETM’s management team.
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NewsWhitbread FD to step down
Nicholas Cadbury is to leave after nine years as group finance director at Whitbread in spring 2022.
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NewsBig Easy lines up first restaurant outside London
The barbecue and lobster restaurant is to open a 6,100 sq ft site in Bluewater shopping centre.
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NewsGiggling Squid builds dark kitchen presence
The Thai restaurant group has continued to achieve strong delivery and takeaway sales and plans to expand its delivery-only estate alongside a pipeline of restaurant sites.
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NewsD&D revenue hit as staff shortages suppress capacity
A lack of staff has meant the restaurant group has had to reduce covers, with the situation likely to worsen as Christmas approaches.
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NewsShortage of door staff risking public safety
The late-night sector has struggled to fill vacancies since it reopened in July after many people left the industry due to the prolonged shutdown period during the pandemic.
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NewsGreggs and Leon products to be sold in premium Asda convenience stores
The ‘Extra Special’ store feature products from EG owned food-to-go brands and franchise partners.
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Analysis & InsightProportion of EU workers continues to decrease
The proportion of hospitality staff from the European Union (EU) has continued to decrease, with British workers filling more roles than ever, according to the latest data from software provider Fourth.
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Analysis & InsightIncreasing labour costs leave TRG ‘highly exposed’
The Restaurant Group’s (TRG) high labour cost to sales ratio, and lack of energy cost hedging, has contributed to analyst Peel Hunt cutting its target price by 30p per share.
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Analysis & InsightBK IPO: a whopper of a move?
With Burger King UK the latest in a flurry of restaurant operators said to be eyeing a public listing, MCA explores why now and what it could mean for the growth of the chain
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NewsTurtle Bay sees sales up more than 75% since May
The Piper-backed Caribbean restaurant chain has several new openings on the cards as it looks to grow its estate on the back of strong sales growth.
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Analysis & InsightEating out participation up 5%
The number of consumers choosing to eat and drink out rose 5% up the four weeks to 5 September 2021 to 56%, according to the latest data from Lumina Intelligence.
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NewsCaring group secures new banking facility
Richard Caring’s restaurant group Troia Limited has secured a new £168m revolving credit facility, covering Caprice Holdings, The Birley Group and Troia UK Restaurants
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Analysis & InsightWhy the PM’s ‘high skill, high wage’ plan fails to deliver
While developing homegrown talent should be encouraged, wages are just one factor in solving the labour shortage
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NewsLuminar founder makes late-night return
Stephen Thomas, founder of Britain’s largest nightclub group Luminar, is making his return to the late-night sector with a new bar and nightclub business.
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NewsETM suffers ‘unprecedented challenges’ pushing up losses
ETM Group has reported turnover of £6.8m for the full year to 28 February 2021, down from £31.6m in the previous financial year.
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NewsFounder of Grubhub steps down from Just Eat
Matt Maloney joined Just Eat’s management board following its completion of the acquisition of Grubhub in June, and steps down to pursue other opportunities.