All Prezzo articles – Page 7

  • News

    Wagamama takes Gloucester Quays Chimichanga site

    2018-04-19T08:43:56.917Z

    Wagamama has taken on the closed Chimichanga site in Gloucester Quays, MCA understands.

  • MCA Journal April 2018
    News

    April 2018

    The April 2018 digital edition of the MCA journal is now available, including Prezzo’s life after the CVA, insights into the Italian casual dining sector and interviews with Clive Schlee of Pret, Joe Grossman of Patty & Bun, Brandon Stephens and Richard Morris of Tortilla, Charlie Young and Brett Woonton of Vinoteca, as well as Matt Grech-Smith and Jeremy Simmonds of Swingers.

  • Table 1
    Analysis & Insight

    Talking Italian

    2018-04-09T07:39:00Z

    Pizza and pasta offers have been vital to the expansion of the casual-dining scene over the past few years. As a result, this segment is hugely competitive and standing out has become increasingly important. MCA’s Steve Gotham looks at data from the Eating Out Panel to assess how key players are performing

  • Morris Greenberg
    Analysis & Insight

    The restaurant revolution continues in Soho

    2018-04-09T07:38:48.830Z

    Parts of the eating out market may be struggling, but Soho remains a hotspot for innovation and a sought after location for restaurant sites, says Morris Greenberg, Group MD at leisure property consultant Cedar Dean

  • Analysis & Insight

    Gender pay gap reporting: A sector overview

    2018-04-06T15:54:00Z

    Gender pay gap reporting has been dominating the headlines this week. With the deadline now passed, what were the numbers reported by some of the biggest players in the eating and drinking out market? MCA takes a look

  • Analysis & Insight

    Pubs and late-night venues see turnover boost in Q1 2018

    2018-04-06T08:42:01.440Z

    The pub and late-night bar sector has seen substantial growth in turnover figures in the first quarter of 2018, according to the latest UK leisure sector update from Fleurets.

  • Opinion

    Perhaps they are on to something

    2018-04-03T08:27:00Z

    Unsolicited bids for the Azzurri Group, a tenanted pub sector rife with M&A speculation and an acquisitive BrewDog, sector consolidation is back on the agenda, and not just for those looking to pick up the fallout from the current round of Company Voluntary Arrangements

  • News

    Analysts corner: A tale of two sectors

    2018-03-28T08:35:27.590Z

    Peel Hunt analysts, Douglas Jack and Ivor Jones, have given their view on the contrasting like-for-like performances at the start of the year across pub and restaurant groups.

  • Prezzo Beckenham
    News

    Prezzo: Life after the CVA

    2018-03-28T08:35:00Z

    Prezzo chief executive Jon Hendry Pick-up speaks exclusively to MCA on the back of last week’s approval of the group’s Company Voluntary Arrangement. He talks about the further rollout of the group’s new restaurant design, with another 18 sites expected to be upgraded by the summer and discusses the focus on capturing customers in the right “moments and occasions”. He also addresses the issue of promotions, stressing that Prezzo needs to “earn the right to step away” from the discounting scrum.

  • Byrons
    Analysis & Insight

    Brand building in adversity

    2018-03-26T08:18:00Z

    A number of high-profile restaurant brands are currently in the limelight for their economic woes. But how much of their difficulties can be traced back to the strength or otherwise of the brand, and what can be done to rescue it once it has been damaged? Ian Dunstall shares his thoughts

  • Prezzo Beckenham
    News

    Prezzo receives CVA approval

    2018-03-23T13:28:00Z

    Prezzo has announced it has received the approval of the majority of its creditors for its Company Voluntary Arrangement (CVA).

  • News

    Prezzo creditors to vote on CVA plans

    2018-03-23T08:53:17.400Z

    Creditors of the restaurant group Prezzo will today vote on the company’s Company Voluntary Arrangement plans.

  • Analysis & Insight

    Managing the casual dining message

    2018-03-19T07:42:00Z

    There have been no shortage of newspaper headlines about the eating-out sector in recent weeks but are they telling the whole story? Dominic Walsh discusses the situation at Gordon Ramsay Group, Jamie’s Italian, Prezzo and TRG and gives his view on how successfully each has managed the message.

  • News

    Failing fast is key to success

    2018-03-16T15:02:00Z

    Innovation is essential if brands are to remain relevant but, when it comes to technology, companies often struggle to keep up with the rapid pace of change. Flypay’s Tom Weaver examines the problem

  • Darrell Wade
    News

    Prezzo appoints chief commercial officer

    2018-03-14T08:50:00Z

    Prezzo has appointed Darrell Wade, formerly of TGI Fridays UK, as its new chief commercial officer.

  • Analysis & Insight

    Looking back to the future

    2018-03-12T08:18:00Z

    How will the food and beverage sector change over five years’ time? It’s a question MCA’s Top of Mind survey has been putting to sector leaders for the past nine years. MCA’s Yemeng Hu looks at what the answers can tell us about the past, present and future.

  • Carluccio's new generation store
    Opinion

    Hold your Italian stallions

    2018-03-05T08:35:00Z

    This weekend Carluccio’s became the latest business to come under the spotlight. The wider press is smelling more CVA blood and before we talk another sector business down that route, Mark Wingett asks whether we should hold our horses a minute on this one?

  • Prezzo Beckenham
    News

    Prezzo FY lfls fell 8%

    2018-03-05T08:35:00Z

    The Company Voluntary Proposal proposal document put forward by Prezzo has laid bare the decline in trading the company experienced during 2017

  • David Abramson
    Analysis & Insight

    Rebalancing the landlord/tenant relationship

    2018-03-02T16:11:00Z

    As pressures mount on operators, their relationships with landlords are becoming increasingly important. But, are both sides speaking the same language? David Abramson, chief executive of leisure property consultant Cedar Dean, discusses.

  • Prezzo
    News

    Prezzo needed a pick up earlier

    2018-03-02T09:05:00Z

    In what could be the biggest Company Voluntary Arrangement (CVA) the UK’s restaurant sector has experienced, Prezzo is set to shed nearly a third of its estate, including its Chimichanga brand, in a further high profile example of the issues currently impacting the industry. So how did it come to this for a business that sparked a bidding battle and sold for a price that analysts at the time said undervalued it, asks Mark Wingett