All Hungry Horse articles – Page 6
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NewsSpirit to move up value chain
The launch of Spirit Pub Company’s new concept Golden Oak Inns will move its estate up the value chain
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NewsSpirit set to recommend revised Greene King offer
Spirit Pub Company has announced that it is willing to recommend a revised takeover offer from Greene King of approximately 109.5p, which values the company at £723.5m
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Jack: Sector blowing hot and cold
Leading analyst Douglas Jack has said that in his view the outlook for the sector is mixed
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NewsGK appoints new marketing and commercial director
Greene King has appointed Matt Harrison as its new marketing and commercial director
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Analysis & InsightM&A market back with a boom
Two potential deals are keeping City gossip hot at the moment, but they are very different types of bid. One company is categorically saying no to an offer while silence rules the other tender, Dominic Walsh tells all
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OpinionDeal of the decade?
What lies behind Greene King’s approach for Spirit Pub Company, what complications does it bring and what does it tell us about the current state of the pub market? John Harrington speaks to the experts
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Pub People hones in on expansion
Pub People Company, the Midlands-based multiple operator, is targeting more acquisitions with Downing following the purchase of three Marston’s pubs in the spring
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OpinionFyne dining
Liz Williams, the woman at the helm of the UK’s biggest seafood restaurant group Loch Fyne, talks discounting, the competition and chasing the grey pound
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Operators confirmed for Midlands £12m leisure complex
Pizza Express, Chiquito, Hungry Horse and Bella Italia confirmed for West Midlands leisure development in Walsall
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NewsJack upgrades Greene King to Buy
Leading analyst Douglas Jack has upgraded his recommendation for Greene King to Buy to reflect faster expansion and progress with the company’s repositioning towards food-led managed pubs
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Hungry Horse and Wildwood confirmed for Telford development
Greene King’s Hungry Horse and Wildwood Restaurants have been confirmed as the latest tenants for new units of a development in Telford called Southwater Telford
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Analysis & InsightOperators use 'exit' food items to grow margins
Operators are continuing to offer very competitive price points for entry level dishes but are charging significantly more for their most expensive ‘exit’ food items, according to the Menu & Food Trends report from Allegra Foodservice
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NewsGreene King: 2020 vision, acquisitions, tenanted approach, analysts
M&C Report takes a closer look at the full-year results to 4 May for Greene King and talks to chief executive Rooney Anand
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Analysis & InsightA return to good pub grub
One of BDO’s top 10 predictions in December 2013 was that growth in consumer spend in pubs would rise by more than growth in spend in restaurants. Here the advisory firm’s Mark Edwards looks at the reason for this and why he feels the pub sector will continue to provide a real challenge to restaurant operators
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NewsGreene King FY PBT grows 9.4%
Greene King, the brewer and pub operator, has reported a 9.4% rise in pre-tax profits to £173.1m in the 53 weeks to 4 May, with the company saying it has now delivered four years of record results
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NewsJack upgrades Greene King to Hold
Leading analyst Douglas Jack has upgraded Greene King from Add to Hold following “recent weakness”
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OpinionThe premium/informal era
The launch of the Allegra Foodservice’s UK Restaurant Market report saw the headline: “A new era of premiumised informality driven by food pleasure seekers.” The organisation gives further insights into what this means
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Analysis & InsightBuoyant future for branded market
The total UK restaurant market is forecast to reach £52bn by 2017, the growth rate doubling from 1.3% to 2.5% over the next three years, according to Allegra Foodservice
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NewsGreene King managed LFLs up 4.8%
Greene King has this morning announced that like-for-like sales across its managed estate were up 4.8% over the last 16 weeks and that it had recorded its 22nd consecutive quarter of like-for-like sales growth
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Analysis & InsightPubs cheaper than fast food outlets for burgers
Cash-strapped consumers can now get burger meals more cheaply at many pubs than at McDonald’s or Burger King