All Loungers articles – Page 10
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OpinionThai breaker
TriSpan’s acquisition of a significant stake in Rosa’s Thai Café should provide a timely boost to a market buffeted by the headwinds currently blowing through it. Mark Wingett discusses how this deal also welcomes a new investment player into the mix - one determined to make its own mark on the sector.
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NewsFriska secures third Manchester site; continues to eye London
Bristol-based Friska has secured its third site in Manchester as it looks to focus new openings in the north-west city this year, but is still eyeing London for future opportunities.
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NewsBrasserie Bar Co makes two senior appointments
Brasserie Bar Co has appointed Chris Guy as its new finance director, while he predecessor Helen Melvin moves to the role of director of people – a newly created position.
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NewsLoungers appoints interim FD
Loungers, the Lion Capital-backed café bar operator, has appointed Chris Gadsby, formerly of All Leisure Group and Thomas Cook, as its interim finance director, MCA has learnt.
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Opinion
Grinding out a living
Restaurant and coffee roasting business Caravan was a key player in the rise of the restaurant/coffee shop hybrid at the start of the decade. As they prepare to open two huge new venues the founders talk to Joe Lutrario about diversification and the key to sweating your assets.
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News
ResDiary software sold to AccorHotels
Global investment bank GCA Altium has advised ResDiary, a provider of online restaurant reservation software, on its sale to French-listed global hospitality group AccorHotels.
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Analysis & Insight
Gender pay gap reporting: A sector overview
Gender pay gap reporting has been dominating the headlines this week. With the deadline now passed, what were the numbers reported by some of the biggest players in the eating and drinking out market? MCA takes a look
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Opinion
Perhaps they are on to something
Unsolicited bids for the Azzurri Group, a tenanted pub sector rife with M&A speculation and an acquisitive BrewDog, sector consolidation is back on the agenda, and not just for those looking to pick up the fallout from the current round of Company Voluntary Arrangements
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NewsSector operators to enter food hall market
A number of leading sector operators are set to join forces to launch a joint food hall concept
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NewsLoungers reaches 100th Lounge milestone
Loungers will today open its 100th Lounge site, with plans to invest £10m to open a further 16 Lounges in 2018
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OpinionNo lounging around
Loungers will today open its 100th Lounge site (see news story below) and set out plans for further growth. Co-founders Alex Reilley and Jake Bishop each give their take to MCA on what it feels like to reach that mark
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NewsLoungers is UK’s fastest growing pub company
Loungers was the fastest growing UK pub group in terms of turnover in 2017, the latest MCA data has shown.
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NewsMowgli secures Cardiff site
Mowgli has further strengthened its openings pipeline, after securing its first site in Wales, in Cardiff
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News
Cosy Club set for Guildford
Loungers is set to join the line up at the new Tunsgate Quarter scheme in Guildford, with its Cosy Club brand.
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NewsSchlee named Retailers’ Retailer of the Year
Pret A Manger chief executive Clive Schlee has been voted by his peers as the stand-out individual in the UK’s eating and drinking-out sector.
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NewsNWTC named sector’s fastest growing company
New World Trading Company, the Graphite-backed pub group, has been named the fastest growing company in the UK eating and drinking-out sector over the past year.
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Analysis & InsightSing when you’re winning
Press coverage of the eating out sector has not made the easiest reading of late, however beyond the much-debated headwinds and the travails of selected brands, the sector remains replete with success stories. Ahead of this week’s Retailers’ Retailer of the Year awards, James Wallin highlights just a few.
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NewsPrezzo needed a pick up earlier
In what could be the biggest Company Voluntary Arrangement (CVA) the UK’s restaurant sector has experienced, Prezzo is set to shed nearly a third of its estate, including its Chimichanga brand, in a further high profile example of the issues currently impacting the industry. So how did it come to this for a business that sparked a bidding battle and sold for a price that analysts at the time said undervalued it, asks Mark Wingett
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News
Mowgli secures Nottingham site
Mowgli, the Indian street food restaurant concept , has secured its second site in the Midlands, in Nottingham
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NewsLoungers: 'We were guilty about getting overexcited about new openings'
Loungers chief executive Nick Collins shares insights on not losing sight of the customer while rolling out 25 sites a year