All PizzaExpress articles – Page 8
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Opinion
Pizza Hut seeks marginal gains in a heated market
While the restaurant sector was seeing an explosion of growth, Pizza Hut Restaurants remained focused on consolidating and investing in its estate. Chief executive Jens Hofma, who led the management buyout of the business this year, talks to James Wallin about a return to growth, his concerns about the sector’s obsession with like-for-like sales growth over protecting margins and his frustration that responsible operators have been penalised in the CVA era.
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NewsFirezza co-founder to launch pizza-pub concept with Santa Maria
Firezza co-founder Edin Basic has gone into partnership with Santa Maria for a new pizza and pub concept, MCA has learnt.
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NewsPizzaExpress lfls down 0.7% in H1 2018
PizzaExpress’ UK & Ireland business saw like-for-like (lfl) sales drop 0.7% in the first half of the year, due to the impact of adverse weather earlier this year.
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NewsPizza Hut CEO pledges to protect margins over lfl growth
Jens Hofma, chief executive of Pizza Hut Restaurants UK, has told MCA he believes the industry is obsessed with like-for-like growth ahead of protecting margins and that the brand will not be drawn back into the discounting wars.
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NewsYO! FY lfls up 4%
YO! Sushi, the Mayfair Equity Partners-backed group, saw like-for-like sales increase by 4% in the year to 27 November 2017, as EBITDA increased from £7m to £8.5m.
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OpinionThe winds of change
Sector analyst Simon French looks at the key trends affecting the eating and drinking-out sector in 2018, including the increasing importance of convenience and effective use of technology. He also discusses the differing approaches of some of the industry’s most notable investors, and why argues that now is not the time for operators to ease up on innovation.
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NewsMEATliquor set for Battersea
MEATliquor, the Scott Collins-led group, is to add a further site in London, with an opening in Battersea
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NewsJones steps down from PizzaExpress
Mark Jones is to step down as property director at PizzaExpress, the Hony Capital-backed chain, after over six years with the company, MCA understands.
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NewsL&G signs new restaurant operators to Valley Centertainment
Legal & General (L&G) has agreed deals with two new restaurant operators at Valley Centertainment Leisure Park in Sheffield – Proove and Thirty Nine Desserts.
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OpinionHow Lussmanns hopes to attract new customers and accelerate expansion
Founder Andrei Lussmann speaks to MCA’s sister-title Food Spark about how he’s targeting the younger demographic and his plans for breaking out of Hertfordshire
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News
Griffin joins BK as people and culture director
Tamara Griffin, formerly of Leon, has joined Burger King UK as its new people and culture director
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Analysis & InsightSummer menu round up: tapping the veggie, vegan and wellness trends
All Bar Bar One has introduced four new vegan dishes as part of Wellness Wednesday 2-4-1, Abokado has got into poke, while PizzaExpress is hoping more veggie options will continue to drive sales growth now that a third of its pizzas are meatless.
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NewsWelcome Break appoints finance transformation director
Welcome Break, the UK’s largest roadside services operator, has appointed Paul Roy, as its new finance transformation director.
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NewsNew waffle and crepes concept to replace Soho Firezza
A new crepes and waffle concept is to launch in London, on the site of the Firezza restaurant in Soho
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News
PizzaExpress hires group strategy director
PizzaExpress, the Hony Capital-backed chain, has hired consultant Isabel Greiner as its new group strategy director
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NewsCote signs up for Basingstoke
Côte, the BC Partners-backed group, is opening at Basingstoke’s Festival Place shopping centre.
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NewsPrezzo hires restaurant support director
Prezzo, the TPG Capital-owned chain, has appointed Jon Green, formerly of PizzaExpress and Tragus, as a restaurant support director.
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Analysis & InsightSomething to stake your reputation on
A number of runners and riders are jostling for position to invest in the struggling Gaucho business, even though some kind of restructuring seems inevitable. How will the business shape up after new investment is secured? At the same time will Brains be the perfect business for Alistair Darby to remind the pub sector of his talents? And as Leon announces plans to enter another country and roll out further Tuk Shops, could it have a another game-changing deal up its sleeve? Mark Wingett looks to provide some answers.
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NewsBidvest renamed Best Food Logistics
Wholesaler Bidvest Logistics has rebranded as Best Food Logistics.
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OpinionThe renaissance of the wet-led pub
Wet-led venues are emerging from the shadows of casual dining and gastropubs with buoyant sales and less exposure to headwinds. Investors are clearly taking note, with wet-led businesses at the centre of much of the sector’s M&A activity over the past year. Sapient Corporate Finance founder, Peter Hansen, explains why he sees this segment going from strength to strength.