All Prezzo articles – Page 3

  • Carluccio's Maida Vale
    News

    Boparan poised to take over Carluccio’s

    2020-05-18T11:32:00Z

    Boparan Restaurant Group is poised to buy Carluccio’s out of administration, Sky News reports.

  • Prezzo
    News

    Prezzo appoints advisors

    2020-05-04T10:04:00Z

    Prezzo is the latest casual dining name to appoint in advisors to consider its post-coronavirus funding options.

  • Prezzo Crawley interior
    News

    Prezzo offers staff ‘income streaming’

    2020-04-27T07:29:00Z

    Prezzo has teamed up with Wagestream so its 3,000 employees can access their furlough pay early. Wagestream offers workers early access to their accrued pay when they need it, allowing them to withdraw a percentage of their earned wages for a flat £1.75 fee. Prezzo said offering staff the income streaming service would help them cope with additional pressures bought on by the coronavirus.

  • Jonathan Downey
    News

    Downey’s nine-month rent free proposal backed by industry leaders

    2020-04-21T07:40:00Z

    Jonathan Downey’s nine-month rent time out proposal will be put to Government this week, backed by a number of industry leaders.

  • Dishoom
    News

    Dishoom says “Goodbye, for now”

    2020-03-19T16:44:00Z

    Dishoom has become the latest operator to close its restaurants amid the continuing COVID-19 outbreak.

  • Prezzo
    News

    Yo!, Prezzo and Byron among latest casual dining closures

    2020-03-19T12:13:00Z

    Yo!, Prezzo and Byron are some of the latest casual dining operators to temporarily close their doors.

  • GettyImages-510629908
    Analysis & Insight

    ​Steve Gotham: Turning up the heat and other NPD delights

    2020-03-05T07:28:00Z

    New product development (NPD) is rightly recognised as a lifeblood for the eating out industry, and MCA’s Menu Tracker offers insights into the latest menu trends and influences across 150 leading operators. This review only serve as a taster, but the three courses have each been accompanied with three key summary insights.    

  • Cafe Rouge Interior
    News

    All’s fair in love and restaurants – how did the operators line up to fight for the Valentine’s share of wallet?

    2020-02-18T07:54:00Z

    If French is the language of love, then presumably a French restaurant should be where I head with my true love on Valentine’s Day. Certainly, the leading French chains are using several seduction techniques to secure my custom – and for good reason. February is a slow trading month and an event where consumers might be more inclined to loosen the purse strings for fear of having their heart strings damaged, is well worth aiming to capitalise upon. So who offered what on the big day?

  • Terry Harrison @ Busaba
    Analysis & Insight

    Bangkok bounce back?

    2020-02-12T07:55:00Z

    Once the darling of the Thai restaurant scene, Busaba has had a tough few years, with falling profits and site closures. Now with a simplified offer and a fresh focus on the capital, it’s looking to bounce back

  • RROTY 2020
    News

    Retailers’ Retailer full nominees list revealed

    2020-02-04T08:37:00Z

    The finalists for MCA’s Retailers’ Retailer Awards 2020 have been announced, with the cohort reflecting a diverse and vibrant range of eating and drinking out operators.

  • Restaurant
    Analysis & Insight

    Branded restaurants with strongest sales growth offer least promotions

    2019-12-20T08:11:00Z

    Top 25 branded restaurants offer seven promotions on average per brand, but those with the strongest sales growth offer an average of three, the MCA’s latest Operator Index has revealed. 

  • PizzaExpress Langham Place, Oxford Circus 03
    News

    The Highs and Lows of Promotions

    2019-12-09T08:40:00Z

    In recent weeks I have looked into various elements of economising behaviour by consumers, including targeting low prices and more spending at weekends as opposed to weekdays, today’s focus is on the widely prevalent, yet potentially damaging, practice of promotional activity. Key questions asked include whether its usage is rising, who’s buying into the offers the most and what are the most popular promotion types. The core focus area is the key dinner day-part within the chain restaurant sector and the source of answers is MCA’s consumer tracking service, the Eating Out Panel.

  • Puttshack
    News

    ​Puttshack announces new senior appointments

    2019-11-12T17:00:00Z

    Puttshack has appointed Paul Hunter as operations director and Chris Lincoln as head of learning and development as the mini golf experience prepares for further expansion.

  • Brockmans Gin perfect serve G&T with pink grapefruit and blueberries LR
    News

    Former Diageo CEO joins Brockmans

    2019-10-14T07:33:00Z

    Former Diageo CEO Paul Walsh has taken a stake in super-premium gin maker Brockmans.

  • Nandos restaurant
    News

    Branded restaurant market – green shoots of recovery?

    2019-10-10T07:03:00Z

    Turning tables is a long-established practice in the restaurant market, albeit perhaps one more commonly associated with times of more buoyant trading than those currently prevailing. Highlighting just how fast the fortune tables can turn in this market, I was fascinated by some recent MCA analysis looking at physical growth by branded restaurant chains across different portfolio sizes. This year, the estate bracket sub-category that is anticipated to add the most net new sites will be ‘small’ operators. 

  • 20170309_Prezzo_WestonSuperMare_Interiors-001-HDR
    News

    Prezzo made £29.7m loss in 2018 after CVA

    2019-10-03T07:37:00Z

    Prezzo made an operating loss of £29.7m in 2018 following the CVA that saw it close nearly 100 restaurants.

  • Miller & Carter exterior
    Opinion

    Analysts’ corner: Mitchells & Butlers

    2019-08-05T07:28:00Z

    A material re-rating should lie ahead if the business continues to executive its operational improvement and de-leveraging plans, believe analysts at Berenberg.

  • Prezzo Beckenham
    News

    Prezzo appoints David Haimes to Board

    2019-07-29T07:46:00Z

    Prezzo has appointed David Haimes as non-executive Director. Haimes has spent over 20 years in the food and drink industry, including CEO of Obikà Mozzarella Bars & Restaurants and MD at brands including Yum! Brands, Itsu, Luminar Leisure and Tchibo GB.

  • Young people eating and talking in a casual dining restaurant
    Analysis & Insight

    Evolving before our eyes

    2019-07-09T07:15:00Z

    The pace of change is speeding up and nowhere is this clearer than in the UK’s eating and drinking-out sector. Over the last five years, AlixPartners and CGA’s Market Growth Monitor has tracked some seismic changes across the industry – from the drinks-led renaissance to the burgeoning impact of delivery. There’s not been a dull moment, say AlixPartners’ Graeme Smith and Craig Rachel.

  • boston-tea-party
    News

    Boston Tea Party to open in Taunton

    2019-06-18T07:38:00Z

    Boston Tea Party is set to open in Taunton town centre.