All Prezzo articles – Page 5
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News
Firezza founder launches Estro Pizza
Firezza co-founder Ado Medjedovic has returned to the pizza restaurant industry with the launch of a new concept Estro in Tunbridge Wells, MCA has learnt.
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Opinion
Navigating the debt landscape
With the well-publicised issues facing the UK’s hospitality sector, many would believe that lenders are steering clear. However, despite clear caution, debt options remain available to the right businesses, write Jacco Brouwer and Thomas Paterson of AlixPartners
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Analysis & Insight
Going Global: Enter the dragon
In the latest in his series of Going Global columns for MCA, international franchising expert Jasper Reid looks at the prospects for eating-out brands targeting the Chinese market.
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Analysis & InsightHigh Noon on the High Street
Christie & Co’s Simon Chaplin looks back at how the UK high street has evolved since the launch of the first out of town shopping complex in the 70s and how operators are shaping a new direction for our town centres.
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NewsCity Pub Group FY lfls up 1.6%
City Pub Group grew like-for-like sales (lfls) 1.6% in the year to 30 December, with festive lfls up 7%.
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Analysis & InsightLevel of promotions up 4% YOY during run up to Christmas
The number of promotional offers run by the Top 25 Branded Restaurants increased by 4% December, compared with the previous year, according to analysis by MCA. But, while promotional offers on food increased, drink-based deals fell.
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NewsWilkinson joins Parkdean Resorts
Simon Wilkinson, the former chief executive of La Tasca, has joined Parkdean Resorts, overseeing the company’s retail operations.
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NewsTough times provide scope for excellence
Jon Midmer of global executive search firm JMA gives his view on the past year in recruitment and what to expect in 2019. He discusses the trend for hospitality executives heading to the leisure sector and the leadership qualities that are likely to come to the fore in 2019.
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Analysis & InsightNever want to get cosy
There is an addiction to providing genuine hospitality that runs right through the continuing success of café/bar concept Loungers, that makes sure it continues to generate standout year-on-year performance. A laser-like focus on providing value-for-money, authentic community engagement and a “home-from-home” proposition, have become key calling cards for the Nick Collins-led business, but with talk of a possible IPO resurfacing, what will the City make of this regional success story, asks Mark Wingett.
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NewsPrezzo reports loss of £65m after closures
Prezzo has reported an operating loss of £65m the year to 31 December 2017.
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NewsPrezzo to refurb half estate in 2019
Prezzo executive chairman Karen Jones has told MCA that a refurbishment programme under a new look and design will be the priority for 2019, with a target of around half the estate.
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NewsOakman appoints Butlins MD as COO
Oakman Inns has appointed Dermot King, outgoing managing director of Butlins, as chief operating officer.
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NewsLoungers takes on former Prezzo site for first relocation
Loungers has taken on the former Prezzo in Penarth, Glamorgan, to relocate the town’s Ocho Lounge.
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News
Wine bar/café concept Hixon Green eyes expansion
Hixon Green, the Hove-based wine bar/café concept is planning to expand across the south east, with a second site set to open in Lewes, East Sussex, and further openings being lined up in Horsham and Tunbridge Wells
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NewsAutumn menu round up: Continued focus on veggie options, with a heartier twist
As the air takes on a decidedly fresher feel, pubs and restaurants are unveiling their Autumn menus filled with a host of heartier options.
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News
Richoux H1 revenue down 10.3%
Richoux Group, the Jonathan Kaye-led listed restaurant group, has reported revenue down 10.3% in the 26 weeks to 1 July compared to the comparable 28-week period last year.
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NewsClick & collect orders up 70% at Prezzo
Prezzo, the TPG-backed Italian restaurant chain, has grown sales from click-and-collect orders by 70% within just one month of a new partnership with online ordering platform, Orderswift.
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Analysis & InsightItalian and Latin cuisines losing market share
Italian and Latin/South American cuisines have both lost share of the UK restaurant market over the past year, according to the latest MCA data.
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NewsJones: 'Prezzo lost its focus on hospitality'
Prezzo executive chair Karen Jones has told MCA’s Restaurant Conference about her decision to take charge of the struggling brand and mission to “make customers love it again”.
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NewsEx-Wahaca people director to joins Bill’s
Odette Schwartz, who earlier this year stepped down as people director at Wahaca, is set to join Bill’s, the Richard Caring-backed restaurant chain, as its new full-time HR director, MCA has learnt.