By M&C Report team2004-12-12T08:06:00+00:00
Britain’s managed pub, restaurant and bar groups saw sales drop just 1% in June from the same month in 2019, according to the Coffer CGA Business Tracker boosted by good weather.
Travel hub operator SSP has simplified its menus by up to 50-60% during the pandemic, which could result in smaller menus remaining post-covid, according to an analysts’ note by Peel Hunt.
East Coast Concepts, the Manchester-based restaurant and bar group, has been bought out of administration.
Asda’s new owner, EG Group, has begun the roll out of the Cinnabon bakery brand in the UK with a new concession opening within Asda’s refurbished store in Walsall.
The hospitality sector has a fundamental role to play in rebuilding communities, the economy and the health and wellbeing of the nation – “but we need government help to allow us to do that”, according to Kate Nicholls, chief executive, UKHospitality.
As a guest on this week’s The Conversation Simon Potts managing director of The Alchemist said trade had been “fantastic” since July 19. He said unrestricted trading was bringing a return to “recognisable familiarity,” as well as the chance to improve balance sheets.
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