By M&C Report team2007-05-06T07:29:00+01:00
In the second part of an interview with MCA, Andy Hornby, chief executive of The Restaurant Group, discusses the importance of accurate supply forecasting and simplifying menus as a way of controlling menu price inflation. He also discusses pub estate expansion, as well as current and future prospects for trading.
There was a generally positive reaction from analysts to The Restaurant Group’s recent first half trading update, which included the 15-week period following the reopening of indoor dining, although longer-term questions remain.
Following The Restaurant Group’s first-half results announcement MCA caught up with Andy Hornby, chief executive, to discuss recent trading.
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The availability of capital for those looking to expand will be discussed in this special panel at MCA’s flagship conference.
The 2 Sisters boss warned the cost of chicken could rise 10% as the sector faces rising costs for wages, energy and carbon dioxide.
The latest opening in Ringwood forms part of Loungers ongoing expansion, taking its total estate to 181 sites.
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