All news articles – Page 333
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Five Guys CEO says technology has aided survival
Five Guys UK CEO John Eckbert has said its ability to use technology in order to offer new sales channels to customers has helped ensure its survival during the pandemic.
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Berenberg on Loungers
Loungers is well-positioned for growth in a post-Covid 19 world and has the potential to scale to as many as 1,000 sites over time, according to analysts Berenberg.
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JDW pricing strategy a key focus for analysts
The issue of JD Wetherspoon’s ability to push up prices has been called into question by several analysts following its half year financial update last week.
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Pure launches membership service as shops reopen
London-based food to go operator Pure is to launch a new membership service today (22 March) called Pure+more, to coincide with the reopening of selected shops for takeaway.
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MCA’s Food to Go Conference takes place tomorrow
MCA’s 2021 Food to Go Conference will be broadcast live tomorrow (23 March) featuring exclusive interviews with leading operators including McDonald’s, Leon, Pret A Manger and Greggs.
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Deliveroo IPO could reach £8.8bn valuation
Deliveroo has set the price range per share at between £3.90 and £4.60, in advance of its planned IPO on the London Stock Exchange.
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Number of licensed premises falls by 7,500
The number of licensed premises in Britain has declined by 7,592 (6.6%) in the past year, according to the latest Market Recovery Monitor to be published this week by CGA and AlixPartners.
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Whitbread HR director to step down
Whitbread has announced group HR director Louise Smalley will step down from the Board on 31 August 2021.
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Roger Whiteside joins line-up for Food to Go Conference
Greggs’ chief executive Roger Whiteside will join a host of other industry leaders at MCA’s 2021 Food to Go Conference next week (23 March).
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Brian Trollip: ‘We are going to work really hard on our delivery business’
The development of Dishoom’s delivery business enabled it to avoid redundancies and keep up with its Meal for a Meal initiative last year, and it will “work really hard” on bettering the service this year, said managing director Brian Trollip.
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Second CBILS for JDW
JD Wetherspoon secured a second CBILS loan in March 2021 of £51.7m, bringing its total facilities to £1.04bn.
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Hawthorn announces new pub partner support
Hawthorn, the community pub company, has announced a new package of support for pub partners and operators ahead of the reopening of pubs.
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Wetherspoon reports £46m HY loss as restrictions bite
J D Wetherspoon has reported a loss before tax of £46.2m for the 26 to weeks to 24 January, as the “ever changing government guidelines” took their toll.
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Scottish government extends rent moratorium
The Scottish government has extended the moratorium on lease irritation for a further six months, going even further than the extensions in England and Wales which run until 30 June.
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KFC expands Deliveroo partnership
KFC has expanded its partnership with Deliveroo to a further 200 restaurants across the UK, on top of the 130 launched in 2020.
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William Lees-Jones: ‘A shortage of talent concerns me’
The prospect that staff currently on furlough may not want to return to the business is a big concern for William Lees-Jones, managing director at brewer and pub operator JW Lees.
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Sacha Lord legal bid heading to High Court
Sacha Lord plans to take his legal action to the High Court for a Judicial Review, after he said the government had failed to provide evidence for why indoor hospitality cannot open at the same time as non-essential retail.
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Punch invests £1m in beer gardens
Punch Pubs has announced a £1m outdoor investment scheme in preparation for outdoor reopening in April.
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Pret MD Clare Clough to speak at Food to Go Conference
Pret’s UK managing director Clare Clough will join a number of leading operators at MCA’s annual Food to Go Conference next Tuesday (23 March).
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‘Significant increase in debt’ at Stonegate
Stonegate Pub Company made a loss before tax of £746m in the full year to 27 September 2020, following the purchase of Ei Group, and as a result of the pandemic.