All news articles – Page 387
-
NewsIndustry reports ‘fantastic’ first week of Eat Out to Help Out
Operators across the industry have reported a significant uplift in bookings and sales during week one of the government’s Eat Out to Help Out scheme.
-
NewsNot-for-profit BAME in Hospitality launches mentorship scheme
Not-for-profit organisation BAME in Hospitality has launched a new mentorship programme to support Black, Asian and Minority Ethnic people working in the sector.
-
NewsPizza Pilgrims non-exec Ian Edward: “Grown-up landlords” will prioritise partnerships
If landlords want to see their sites recover from the coronavirus crisis, they must prioritise making long-term partnerships over hard-lined rent demands, MCA’s The Conversation has heard.
-
NewsHammerson: initial reopening footfall has been subdued
Hammerson has said as of the end of July is had collected 72% of rent due for the first half of the year and 34% of rent due for the third quarter. It said the average rent waiver was just over a month, and deferral of just under a month during the coronavirus. Though group occupancy remained strong, at 94% compared to 97% in 2019, it said 36 tenants had entered administration or undertaken a CVA. It said 88 our of 2,886 units were affected. It said footfall in June was down 73% on last year.
-
NewsFulham Shore - sales around 72% on previous year
Fulham Shore has released a trading update and announced a fundraise as it looks to fight its way though the coronavirus crisis. It said it has 49 out of 51 Franco Manca sites open, and 14 out of 18 Real Greek restaurants open, and though social distancing means they are only operating at between 60-70% of their previous capacity, this has “to some extent” been compensated by an increase in delivery and takeaway sales. It said in the four weeks since 6 July, like-for-like restaurant sales at reopened sites were around 72% year on year.
-
NewsYo! appoints Deloitte to explore CVA
Yo! has appointed Deloitte to advise on the possibility of a CVA, according to a report on Sky News. It said although discussions are still ongoing, unless Yo! was able to strike reductions in rent with landlords it was likely a CVA would be the likely option. Yo! had been in the process of reopening a number of sites which had been remodelled to deliver food to customers via its trademark conveyor belt.
-
NewsPubs and restaurants forced to close as Aberdeen enters local lockdown
Pubs and restaurants will be forced to close in Aberdeen this week as a “significant outbreak” of the coronavirus will see the city enter local lockdown.
-
NewsGreene King Premium, Urban and Venture Brands MD Karen Bosher: ‘It’s not our job to lecture people on healthy eating’
Although the Government may be adopting a nanny-state approach in its Obesity Strategy, it is not the responsibility of hospitality operators to determine the public’s eating habits, MCA’s The Conversation has heard.
-
NewsPizza Pilgrims NED Ian Edward: Crisis will accelerate 'fundamental transformation' of casual dining
For all the devastation the coronavirus crisis has caused across the sector, casual dining will come out the other side transformed for the better, Ian Edward has said.
-
NewsChicken concept Wingmans to open ‘largest site to date’ in Soho
Chicken concept Wingmans is to launch its largest site to date in Soho this week.
-
NewsOne in three pubs unable to break even a month after reopening
Over a third of pubs in the UK can’t break even one month after reopening, according to the British Beer and Pub Association.
-
NewsLoungers sees encouraging July trading
Loungers has reported an encouraging performance for its first four weeks of post-lockdown trading.
-
NewsFootball concept TOCA Social secures flagship London site
Football competitive socialising concept TOCA Social is set to open its flagship site in London next year.
-
NewsCMA clears Amazon/Deliveroo deal
The Competition and Markets Authority has cleared Amazon’s 16% investment in Deliveroo.
-
NewsPizza Express to close 15% of estate in restructuring
Pizza Express has today announced that it is to undergo a financial and operational restructuring, which could see the permanent closure of 15% of its estate.
-
NewsKate Nicholls: “The UK needs to get used to sudden lockdowns”
The sudden introduction of restrictive measures in Greater Manchester at the weekend was chaotic, but could turn out to be a good thing if the result of the Leicester-lockdown is anything to go by, UK Hospitality CEO Kate Nicholls has told MCA. Speaking at MCA’s virtual event The Conversation, Nicholls said the rushed announcement meant initially there was “great confusion about what the rules meant, great uncertainty for a lot of customers, and it took quite a long time to get the details of what people were allowed to do in pubs and bars and what they were allowed to do outdoors.”
-
NewsPizza Pilgrims non-exec Ian Edward: “No right or wrong” way to utilise Eat Out to Help Out
The Eat Out to Help Out scheme may play to the advantage of larger restaurant brands, but businesses are within their rights to do what they must to survive, Pizza Pilgrims non-executive director Ian Edward has said.
-
NewsShelley Sandzer: Changing Use Classes is a game changer on one hand. But on the other…
On the face of it, the amendment to the Town & Country Town Planning Act, Use Classes 2020, is a very positive step by the government. A radical overhaul of an outdated system possibly. It will group all forms of retail, business and service based premises in one category, seemingly making the system simpler and permitting movement between the use class without needing planning consent. This business category does exclude the more contentious uses such as pubs, clubs and fast food takeaways, moving them into a sui generis use class.
-
NewsCACI warns of lasting impacts on consumer behaviour
CACI has released a report into what it describes as the “new consumer reality” and the impact the coronavirus will have on destinations, landlords, brands and operators throughout 2020 and beyond. It identifies four key consumer trends seen throughout July. It says mobility is well below pre-lockdown levels, currently at an average of 62%, which is up from low of 32%. In terms of how that is split between city centres and more rural areas, city centres are pegged well down at 30% due to a combination of a lack of workers, tourists and shoppers.
-
NewsMinister confirms there are ‘no plans’ to shut pubs and restaurants in trade-off with school reopenings
Restaurants and pubs will not be required to close again when schools reopen in September, the Housing Secretary has confirmed.