All articles by Georgia Cronin – Page 29
-
Analysis & InsightJuly trading down 50% year-on-year
Managed pub, restaurant and bar groups saw total July sales down 50.4% on the same month last year, according to the latest Coffer Peach Business Tracker.
-
NewsHall & Woodhouse appoints new FD
Dorset-based pubco Hall & Woodhouse has appointed Paul Barnett as its new group financial director.
-
NewsStar invests a further £4m in rent reductions
Star Pubs & Bars is to invest a further £4m in rent reductions for its leased and tenanted pubs in September and October.
-
NewsItsu to reopen train station stores
Itsu is set to reopen a selection of its travel hub sites this week, following calls from the Prime Minister that people should return to work if they can.
-
NewsJ.W Lees MD William Lees-Jones: Rent the ‘next big battle’ for the industry
Finding a solution on rent that suits both landlords and tenants is set to be the ‘next big battle’ for the industry, MCA’s The Conversation has heard.
-
NewsSky investigation finds Manchester pubs flouting coronavirus guidance
Some pubs and bars in Manchester have been accused of flouting the coronavirus guidance, and not taking customer contact details, a Sky News investigation has claimed.
-
NewsAlixPartners MD Graeme Smith: Local lockdowns a ‘big worry’ for sector investors
One of the biggest concerns for investors looking to support the sector is the risk of continued local lockdowns, and the impact they could have on business recovery, AlixPartners MD Graeme Smith has said.
-
NewsIntu Trafford Centre to enter formal sales process
Intu-owned shopping centre The Trafford Centre is being put up for sale, Sky News reports.
-
NewsNorman leaves Polpo
Polpo co-founder Russell Norman has stepped down from his role as director.
-
NewsCalls to rectify “gap between national and local government” in Westminster hospitality proposal
Westminster City Council needs to ensure al-fresco dining can take place on every night of the Eat Out to Help Out scheme, the Westminster & City of London Liberal Democrats have said.
-
NewsHaidilao launches first regional site
Haidilao, China’s largest hot pot restaurant chain, is to open its first regional site in the UK.
-
NewsOne in three looking to ‘support hospitality where they can’
One in three consumers are ‘looking to support the hospitality industry where they can,’ according to the latest Barclaycard report.
-
NewsMcDonald’s sues former CEO over alleged sexual relationships with employees
McDonald’s has sued its former chief executive Steve Easterbook amid allegations that he fraudulently hid details of three “physical sexual relationships” with employees when he was fired last November, the Financial Times reports.
-
NewsMore than 22,000 restaurant jobs lost so far this year
The number of restaurant sector job losses so far this year are nearly double those lost in the whole of 2019, according to the Centre for Retail Research.
-
NewsLandlords and operators issue joint call for government rent support
Landlords and operators have come together in a joint call for a government backed ‘property bounceback grant’ to facilitate in rent negotiations.
-
NewsSector like-for-likes see consistent recovery in July
Managed pub, bar and restaurant operators saw a continued improvement in like-for-like sales throughout July, but were still almost 25% down on pre-coronavirus levels by the end of the month, the latest Coffer Peach Business Tracker has revealed.
-
Analysis & InsightPubs lead the way in sector reopening
Less than two thirds (62%) of the UK’s licensed premises were trading again by the end of July, with pubs reopening at a quicker rate than restaurants, according to the new Market Recovery Monitor from CGA and Alix Partners.
-
NewsLocal councils call for greater coronavirus closure measures on pubs and bars
Local councils should be given the right to close down pubs and other licensed premises who are ‘flouting’ the coronavirus safety guidelines, the Local Government Association has said.
-
NewsPret cuts staff hours by 20%
Pret has confirmed it has asked thousands of its staff to work fewer hours, as part of its post-coronavirus restructuring.
-
NewsFarmstand surpasses crowdfunding target for ‘ten cities in ten years’ expansion
Farmstand, the plant-focused catering business, has surpassed its £750,000 crowdfunding target, as it plans to expand into ten cities in ten years.