All news articles – Page 413
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Greggs to re-open 20 sites on 4 May
Greggs is planning to re-open 20 sites in Newcastle on 4 May, and hopes to have 700 sites open by 1 July. In a letter to staff, CEO Roger Whiteside said the business would carry out a “controlled trial” in 20 shops in the Newcastle area staffed by “retail volunteers” from the business. The trial re-opening will see stores offering a limited range and shorter opening hours. Greggs plans to open for two weeks before assessing how it went, but it plans for the shops to remain open.
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Watson: Pubs must act responsibly to re-emerge ‘with as little pain as possible’
The pub industry will have act responsibly and ensure the safety of its staff and customers if it wants to prevent a sporadic reopening period, Clive Watson, City Pub Group executive chairman has told MCA.
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Admiral to ask tenants for rent contribution
Admiral Taverns will ask some pub operators to contribute towards rent for May and June, as it seeks to balance “short-term and long-term needs”.
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Tronc not part of JRS: ‘This is disastrous’
Employers cannot include tronc when claiming under jobs retention scheme, in what will be a major blow to furloughed hospitality staff, the government has clarified.
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Consumers will avoid touch-screens post-lockdown
The use of touch-screen kiosks in QSR and casual dining restaurants are likely to fall after lockdown ends, new research by mobile order and pay provider Wi5 has found.
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What does the future look like?
Once the lockdown is lifted, and consumers re-emerge to eat and drink, they will find a different environment to the one they left behind. No-one knows when that will be, the government is understandably non-committal, but it’s likely to be many months not weeks, and it may not be until there is a vaccine available that all restrictions vanish.
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Just Eat Takeaway.com raises €700m
Just Eat Takeaway.com has raised €700m through an accelerated bookbuild offering of new shares and convertible bonds.
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Wahaca appoints PwC to explore finance options
Wahaca has appointed advisors at PwC to review its finances, Sky News reports.
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Eight in ten staff furloughed
Eight in 10 workers in the UK hospitality industry have now been furloughed, according to a survey from the Office for National Statistics.
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State-backed loans for small businesses
Chancellor Rishi Sunak is considering offering 100% state-backed guarantees on loans to smallest businesses of up to £25,000, the Financial Times reports.
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Occupants to be protected from ‘aggressive rent collection’
Restaurant, bar and café businesses will be protected from aggressive rent collection and asked to “pay what they can” during the coronavirus pandemic, the Business Secretary announced today.
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Camden Town Brewery launches ‘beer auction’ for Hospitality Action
Camden Town Brewery has launched an auction for ‘the most valuable pint of Camden Hells,’ with proceeds going to Hospitality Action’s coronavirus emergency fund.
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Pret seeking €100m loan for post-coronavirus period
The Financial Times has reported that Pret A Manger is seeking a “€100m urgent loan from global banks” to navigate it through the coronavirus crisis. Pret CEO Pano Christou told the FT that Pret had enough cash to make it through the current lockdown but it needed funds for a “test and learn stage” to develop the operation once lockdown restrictions have been lifted.
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UKH: Million jobs at risk if Government extends social distancing without support
Unless further measures are put in place to protect hospitality businesses, an extended period of social distancing could cost up to one million jobs, UK Hospitality has warned in the Government.
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Colvin instructed by NTIA in insurance stand-off
Leading licensing lawyer Philip Kolvin QC has been instructed by the Night Time Industries Association in its stand-off with insurance companies who refuse to pay out in relation to the covid-19 lockdown.
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Honest reveals reopening plans
Honest Burgers is planning to re-open some of its sites for delivery-only as early next month, Big Hospitality reports.
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GBK and Azzurri reportedly appoint advisors
Gourmet Burger Kitchen and Azzurri Group have reportedly appointed advisors to assess their options going forward through the coronavirus crisis.
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Costa reopens select sites
Costa Coffee has become the latest operator to announce it will be reopening select sites for takeaway services.
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CMA approves Just Eat Takeaway.com merger
The Competition and Markets Authority has cleared the £6.2 billion merger between Just Eat and Takeaway.com, publishing its final decision 26 days ahead of deadline.
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Nando’s reopens seven sites for NHS initiative
Nando’s has reopened seven restaurants to provide meals to NHS key workers and charities in major cities.