All news articles – Page 326
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News
APRIL 2021
MCA’s April edition marks the first month since December 2020 that venues have been able to serve customers. We examine how profitable outdoors trading realistically is for operators, and the challenges in coping with no-shows…
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Liverpool trials nightclub event
The first nightclub event in the UK for over a year is set to take place in Liverpool at the end of the month as part of a trial into post-Covid events.
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Oakman outperforms the market
The Oakman Group has reported an excellent first full week of trading since customers were allowed to return to outdoor-only service.
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Domino’s like-for-likes up 18.5%
Domino’s Pizza Group has reported periods of “exceptional sales”, with like-for-like system sales up 18.5%.
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PizzaExpress launches recruitment drive
PizzaExpress is launching a nationwide campaign to recruit 1,000 staff as its pizzerias reopen in May and June.
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Shepherd Neame: Cash burn ‘less extreme’ as brewery picks up slack
Profit might not be the most important metric for success for Jonathan Neame at the moment. The next 12 months is all about getting the business firing again, getting the teams back and welcoming customers back.
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Shepherd Neame swings to loss
Shepherd Neame has reported a fall in turnover to £55.3m for the six months to 26 December 2020, from £79m for the comparable to the first half of 2020.
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Hospitality employment ‘disproportionately hit’ by pandemic
The hospitality sector has 355,000 fewer employees in March 2021, than one year previously – 43% of the total decline in paid employees, according to the most recent data from the Office for National Statistics (ONS).
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Ten Entertainment names new chairman
Ten Entertainment Group has appointed Adam Bellamy as non-executive chairman. He will take up the role from the date of the group’s AGM on 5 May 2021.
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Hospitality battles over insurance pay outs in court
Several high-profile hospitality groups, including Corbin & King and Black & White Hospitality, are turning to the courts in order to escalate long-running battles over pay-outs from business interruption insurance schemes, the Financial Times has reported.
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Spend well ahead of post-lockdown last year
Hospitality venues which reopened in England last week enjoyed a stronger bounce in sales than they did when coming out of the first national lockdown last July, with sales up 45% on a like-for-like basis for the first week of trading, according to the latest data from CGA.
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Hickory’s secures 13th site
Hickory’s Smokehouse has secured its 13th site – the former Marston’s pub in Nuthall, Nottinghamshire.
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Miso to roll out Operation:Falafel
Miso Group, from chef Adria Wu and Dubai-based investor Tamer Bazzari, are bringing two new concepts to the UK.
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Hammerson: Footfall 80% of pre-pandemic
Landlord Hammerson has reported 90% of operators in its UK estate are currently able to trade, with footfall is “competitive with pre-pandemic levels”.
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Staff shortages an ‘emerging problem’
Between 15-20% of hospitality staff are either declining, or are currently unable, to return to their existing roles as restrictions are lifted, according to UKHospitality’s recent surveys of its members.
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Kate Nicholls: ‘We have to view the first week back positively’
The reopening of outside spaces last week has to be viewed in a positive light, and as “a marker on the roadmap to recovery”, said Kate Nicholls, chief executive, UKHospitality.
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Woods to step down from Wagamama
Wagamama CEO Emma Woods is stepping down and handing over to her internally appointed successor, Thomas Heier.
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Businesses face ‘rocky road to recovery’
Hospitality trade bodies UKH, BBPA and BII have called for Government to extend the business rates holiday for at least a further three months to allow businesses to get back on their feet.
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Upham keen to impress investors following turnaround plan
Upham Group has said it is a strong financial position following the take-up of support offered during the pandemic, including a £1.4m CBIL, and a restructure of its operations, and keen to impress its investors.