All Prezzo articles – Page 8

  • Jon Hendry-Pickup
    News

    Prezzo “has bright future” beyond CVA

    2018-03-02T09:05:00Z

    Prezzo chief executive Jon Hendry-Pickup has spoken exclusively to MCA about the launch of a Company Voluntary Arrangement (CVA) this morning.

  • Cafe Rouge exterior
    Opinion

    CDG looks to spread the risk

    2018-03-02T08:58:00Z

    Experience counts and judging from the latest trading update from the Casual Dining Group (CDG) it is helping the business combat the current nervousness spreading across the market. Its latest trading update paints a picture of a resilient business diversifying to spread the risks thrown up by a soft market and producing an impressive EBITDA performance when put up against the barrage of costs it has had to absorb. Mark Wingett looks at what else it has up its sleeve.

  • Prezzo Crawley interior
    News

    Prezzo awaits CVA sign-off

    2018-03-01T08:48:00Z

    Investors in Prezzo, the c300-strong operator of its eponymous brand and Mexican chain Chimichanga, have yet to sign off on its plan for a Company Voluntary Arrangement, MCA understands.

  • Prezzo Beckenham
    News

    Prezzo to launch CVA

    2018-02-28T10:47:00Z

    Prezzo, the c300-strong operator of its eponymous brand and Mexican chain Chimichanga, is to enter a Company Voluntary Agreement (CVA).

  • News

    Analysts corner: Driven to drink

    2018-02-28T08:26:00Z

    Analysts at Liberum have given their view of the current market and their top picks for the sector, highlighting the potential for premium wet-led venues.

  • Five Guys kitchen
    Analysis & Insight

    Contemporary operators challenging top brands

    2018-02-28T08:25:00Z

    Five Guys is leading the pack of contemporary operators challenging the established casual dining brands, the latest MCA data has shown.

  • News

    Prezzo and Barclaycard to trial new payment technology

    2018-02-27T08:46:07.810Z

    Prezzo has teamed up with Barclaycard to trial new technology, which allows diners to simply walk out after eating their meal.

  • News

    Colliers call for business rates reform

    2018-02-22T08:30:55.830Z

    Colliers International has called for reform of business rates as restaurant and casual dining brands struggle with the “onerous” regime.

  • Alex Dumphy, Addleshaw Goddard
    Analysis & Insight

    What backers want to hear

    2018-02-07T08:20:00Z

    With high-profile cases of restructuring and site closures becoming more common across the eating-out sector, what does this mean for investment? Alex Dumphy, of law firm Addleshaw Goddard, examines what operators can do to ensure lenders remain on-side during turbulent times for the sector.

  • News

    Turquoise secures Prezzo sites

    2018-02-06T08:24:00Z

    Turquoise Kitchen, the Turkish concept from the group behind The Real China, is to double its estate after securing a pair of Prezzo sites.

  • News

    Hunter departs Prezzo

    2018-02-06T08:19:00.020Z

    Paul Hunter, operations director for the Chimichanga and MexiCo brands, has departed Prezzo, MCA understands.

  • Prezzo Beckenham
    Analysis & Insight

    Brandwatch: Prezzo

    2018-01-30T08:29:00Z

    Prezzo is the latest high-profile brand to show signs of strain in a challenging market. We look at MCA data to assess how it has been performing against the wider market

  • Prezzo
    News

    Spotlight falls on Prezzo’s trading

    2018-01-26T08:06:00Z

    After the struggles faced by Jamie’s Italian and Byron, reports this morning suggest Prezzo could be the next casual dining chain to have to undergo a restructuring.

  • News

    Discounting predicted to remain at elevated levels

    2018-01-24T08:27:07.147Z

    The level of discounting in the eating and drinking-out sector hit epic proportions last year and shows no sign of abating as we head into 2018, according to industry experts.

  • News

    December lfls up 4.8% at Loungers

    2018-01-10T08:44:31.660Z

    Loungers recorded like-for-like sales up 4.8% for the four weeks to 31 December 2017

  • Analysis & Insight

    The great 'scam' of international franchising

    2018-01-05T15:59:00Z

    Overseas licensing is seen as a natural next step for brands who have established themselves in their home market. But operators should beware that the pavements of foreign markets are not necessarily paved with gold and great care should be taken in finding the right partner. In his latest column, Jasper Reid examines the issue.

  • News

    Farzi Café secures Haymarket site for UK debut

    2018-01-05T08:25:03.163Z

    Farzi Café, the modern Indian bistro concept from the India-based Massive Restaurants Pvt Ltd group, is to make its debut in the UK

  • Promotional Offers Branded Analysis
    Analysis & Insight

    Online promotions at 24 out of 25 top brands

    2017-12-19T08:22:00Z

    The latest MCA analysis has shown 24 out of top 25 branded restaurant chains have active online promotions, with upselling key.

  • News

    Operators should not ignore £1bn free-from market

    2017-12-12T08:34:00Z

    Foodservice operators should not ignore the growing gluten-free opportunity in the UK, delegates at MCA’s Marketing Conference heard last week. Lucinda Bruce-Gardyne, chef and entrepreneur, Genius Foods, said the free-from category was currently worth £1bn in the UK, with 25% of the population buying into the gluten-free occasion – 8% ...

  • News

    Tony Macaroni doubling up in Aberdeen

    2017-11-17T08:06:34.637Z

    Tony Macaroni, the Scotland-based Italian restaurant group, is opening a new site at Aberdeen’s Marischal Square development.