All articles by Georgia Cronin – Page 9
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Analysis & InsightChristmas drinks sales quartered year-on-year
Drinks sales in pubs, bars and restaurants still able to trade in the run-up to Christmas collapsed to just a quarter of pre-pandemic levels, according to CGA’s Drinks Recovery Tracker.
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InterviewsPeter Marks: ‘Deltic was left hamstrung by sales process’
Peter Marks has never been one to downplay the devastation this crisis could have on his business.
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NewsM&B to explore equity raise to ease cash burn
Mitchells & Butlers is to explore an equity capital raise to increase its “financial and operational flexibility” in the face of significant lockdown cash burn.
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InterviewsGreggs CEO Roger Whiteside: ‘We’ll return to pre-pandemic growth levels in 2021’
The rate of Greggs’ growth pipeline this year will return to its pre-pandemic levels, with retail parks, central London and airports among key target locations, CEO Roger Whiteside has said.
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NewsArc Inspirations borrowed £5m “just to stand still”
Northern bar group Arc Inspirations has had to borrow £5m from lenders to survive the rolling lockdown restrictions, CEO Martin Wolstencroft has said.
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NewsUKH urges members to contact MPs ahead of hospitality debate
UK Hospitality has urged its members to write letters to their local MPs calling for urgent sector support.
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NewsDeltic sold for £10m
UK nightlife operator Deltic was bought out of administration by Rekom for £10m, accounts from administrator BDO have revealed.
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NewsJohnson: Lockdown rules could last until end of March
Hospitality venues could be facing enforced closure beyond Easter, with the latest lockdown restrictions potentially in place until the end of March, the Prime Minister has warned.
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NewsLatest support an immediate “lifeline” but “in vain” without a long-term plan
The latest round of coronavirus support announced by the Chancellor yesterday received a mix response from the industry, with many agreeing the supposed “lifeline” is far from enough.
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NewsHospitality to receive top up grants for latest lockdown
Hospitality, retail and leisure businesses could receive up to £9,000 in on-off top up grants to see them through the latest lockdown, chancellor Rishi Sunak has announced.
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NewsMcDonald’s launches ‘Click & Serve’ pickup model
McDonald’s has launched a new takeaway model across its UK restaurants this week, which aims to prevent long queues at its drive-thru sites.
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News
Pure launches online subscription service
Healthy to-go brand Pure has developed an online ordering platform and subscription service.
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NewsFlight Club set for Bristol debut
Flight Club, the Red Engine-backed competitive socialising concept, is set to open a new site in Bristol later this year.
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NewsGovernment bans takeaway alcohol in latest lockdown
Pubs and restaurants will be unable to serve takeaway alcohol under England’s latest lockdown rules, the Government has confirmed.
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NewsPunch Pubs reports losses
Punch Pubs, the operator of over 1,200 individual pub business, has reported a loss for the year ending 16 August 2020.
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NewsLaine Pub Company remains confident despite losses
Laine Pub Company is in a strong position to trade ‘for the foreseeable future’, despite losses incurred due to the coronavirus pandemic.
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NewsHospitality pledges assistance in vaccine roll-out
UK Hospitality has committed to assisting the vaccine roll-out in hotels, conference centres, pubs and restaurants as England enters its third national lockdown.
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NewsScotland enters national lockdown
Pubs, restaurants and cafes across Scotland will be forced to close from midnight tonight, as the country enters another national lockdown. In an announcement to the Scottish Parliament earlier today (4 January), First Minister Nicola Sturgeon said the country would be entering a month-long lockdown with immediate effect, and that a legal requirement to stay at home except for essential purposes will be in place from Tuesday.
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Analysis & InsightSector job losses hit 30,000 in 2020
Almost 30,000 hospitality workers lost their jobs last year as a result of the coronavirus pandemic, new data from the Centre for Retail Research has found.