By M&C Report team2012-09-18T07:23:00+01:00
Shake Shack is to open its latest delivery only kitchen this week in Reading.
Pizza Express will cut 1,300 roles across its estate as it looks to reduce its UK team. With job losses expected at all of its 370 sites, the business has said it has had to make the difficult decision as a result of declining footfall since September and poor city centre trade. The reduction will take place through a combination of voluntary and compulsory redundancies, and it is hoped the newly downsized team will place the business in a better position to prepare for 2021 and beyond.
Pubs and restaurants in areas subject to Scotland’s lower three tiers will be able to serve alcohol indoors again from Monday next week, the first minister Nicola Sturgeon has announced.
2020 will go down as a memorable year for all the wrong reasons . No words can express the devastation felt across hospitality, particularly the recent developments which introduced a de facto lockdown in the shape of Tier 4 across swathes of the country. Bookings were eviscerated, supplies were wasted, ...
NewRiver CEO Allan Lockhart has said the business has proved to be “resilient” during a period of “unprecedented disruption”. Announcing its half year results, he said the business had seen a “significant increase in leasing activity, with over half a million square feet of transactions completed, which has led to occupancy in our retail portfolio increasing to more than 96% during the period. This reflects both our affordable rents and focus on essential and convenience retail.
Less than 10% of operators are “very confident” they will reopen on 3 December, according to the latest Hospitality Leaders Poll carried out by Lumina Intelligence for MCA, the Morning Advertiser and Big Hospitality. A further 15% were “not sure at all”, though 33% are “fairly sure” they will reopen once the restrictions are lifted. Meanwhile the industry is split over the future, with 32% thinking they will go bust if existing lockdown measures continue into Spring. While 38% are unsure, just 30% are confident they will survive as a business should things continue as they currently are.
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