All news articles – Page 380
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NewsSenior changes at Pret amid staff cuts
Pret UK shops director Tom Sugarman is leaving the business while food and coffee director Guy Meakin has been made trading director.
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NewsTossed creditors include £9.3m Jersey investor
Zest Food, the operator of Tossed and Vital Ingredient, has left liabilities of £9.3m to its investor after going into administration, a progress report shows.
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NewsB&K to raise £2.5m via rights issue
Brewhouse & Kitchen anticipates trade will recover to pre-pandemic levels within one year.
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NewsDelivery spike outlasts lockdown
Increased adoption of delivery looks to have outlasted lockdown, with the channel now accounting for three meals a month, research from Lumina Intelligence reveals.
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NewsMore than one in four Scottish hospitality businesses at risk of collapse
More than one in four tourism and hospitality businesses in Scotland could still be at risk of collapse in the fallout of the coronavirus crisis, according to a new report by the University of Edinburgh Business School and credit risk assessment company Wiserfunding.
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NewsPret to launch in-shop coffee subscription service
Pret is set to launch an in-shop coffee subscription service next week.
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NewsPage’s Putney Beach investment fund wound up
David Page’s secondary investment vehicle Putney Beach has been wound up.
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NewsHall & Woodhouse appoints Anne Elliot as non-exec director
Dorset-based pubco Hall & Woodhouse has appointed Anne Elliot as non-executive director, replacing Mike Street who stepped down in May after 10 years on the board.
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NewsRevolution CEO Rob Pitcher: ‘Government must take responsibility for its actions’
Although the government was justified in its initial decision to enforce closure on hospitality through lockdown, it must now take responsibility for the consequences of its actions, Revolution Bars CEO Rob Pitcher has said.
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NewsLaine reports losses of £8.4m
Laine Pub Company has reported a loss after tax of £7.4m for the 50 weeks to 18 August 2019.
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NewsGreene King sees record number of tenant applications
Greene King has recorded its highest ever number of new tenant applications this Summer, despite the impact of the coronavirus crisis. Across June, July and August, 254 people got in touch with Greene King Pub Partners wanting to run their own pub, more than double the same period in 2019. The pubco has also revealed that even in the height of lockdown, between 24 March and 22 June, there were 108 new unique applications.
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NewsMore than 100 million meals claimed in EOHO
Over 100 million meals have been claimed under the government’s Eat Out to Help Out scheme, according to the latest Treasury figures.
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NewsCosta warns 1,650 jobs at risk
Costa has warned up to 1,650 jobs could be at risk of redundancy due to “high levels of uncertainty” as to when trade will return to pre-coronavirus levels.
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NewsLiverpool One launches cabin bar concept
Liverpool’s central shopping complex Liverpool One has launched a new cabin bar concept, ‘The Chavasse Project.’
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NewsEast Coast Concepts bought out of administration
East Coast Concepts, the Manchester-based restaurant and bar group, has been bought out of administration.
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NewsWhy extending EOHO may be the final straw for independent restaurants
I have nothing but positive things to say about Eat Out to Help Out. I know it’s put a lot of pressure on some operators and staff but, on the whole, it has been so reassuring to see our streets and restaurants busy again. Clearly half-priced food is enough to entice reluctant diners out from their lockdown lives and remind them that eating at restaurants is great fun, delicious and safe. As a result, our industry has received a much-needed economic boost - at least £336m has already been claimed across the 84,000 outlets taking part.
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NewsCreams sales up 35% yoy in August
Creams Café has reported year-on-year August sales were up 35% during the Eat Out to Help scheme.
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NewsDark kitchens: shining a light on data issues
You could see Paxman asking the question on University Challenge: “’Dark’, ‘cloud’, ‘virtual’, ‘delivery only’ are all terms to describe what?” “Kitchens” is the answer, and so-called dark kitchens have emerged from nowhere a few years ago to become almost commonplace in the food and beverage industry now. These kitchens are separate from any restaurant premises and exist solely for the preparation of dishes ordered online which will then be delivered to the customer.
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NewsRevolution trading ahead of expectations
Revolution has reopened 39 bars which are trading “ahead of the Board’s expectations, in part as a result of the Eat Out To Help Out scheme” it has said in a trading update. It said like for likes for the 8 weeks to 29 August 2020 were 72.5% of last year, but the launch of EOHO had seen like for likes across Monday to Wednesday hit 188.4% compared to last year. Revolution plans to continue to run EOHO at least through September. It also plans to open 13 more bars on 7 September but 11 bars are unlikely to reopen until social distancing restrictions are further relaxed.