All Prezzo articles – Page 9
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Analysis & Insight
The great 'scam' of international franchising
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.
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News
Farzi Café secures Haymarket site for UK debut
Farzi Café, the modern Indian bistro concept from the India-based Massive Restaurants Pvt Ltd group, is to make its debut in the UK
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Analysis & InsightOnline promotions at 24 out of 25 top brands
The latest MCA analysis has shown 24 out of top 25 branded restaurant chains have active online promotions, with upselling key.
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News
Operators should not ignore £1bn free-from market
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% ...
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News
Tony Macaroni doubling up in Aberdeen
Tony Macaroni, the Scotland-based Italian restaurant group, is opening a new site at Aberdeen’s Marischal Square development.
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NewsFreathy steps down as Chimichanga MD
Morag Freathy has stepped down as managing director of Prezzo’s Tex-Mex brand Chimichanga, after less than a year with the business
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NewsThe Real Greek heads West
The Real Greek, the Fulham Shore-owned concept, is to open its first site in the South West, after securing a unit in Bristol
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News
Chain restaurants still failing to serve healthy children’s meals
Children’s menus at some of the UK’s leading restaurant and pub chains are still dominated by super-sized calorific puddings and unlimited refills of unhealthy sugary drinks – undermining efforts to tackle the obesity crisis, according to a new report.
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NewsFY revenues up 12.7% at Prezzo
Prezzo, the TPG Capital-backed restaurant group, posted a 12.7% increase in revenue to £219.7m for the year to January 2017
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NewsPrezzo expects six to 10 openings in next year
Prezzo chief executive Jon Hendry-Pickup has told MCA that the group will be “extremely selective” with new sites for the near future.
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OpinionGet Carter
There was an oversight at MCA’s annual Restaurant Conference, which took place last month. It was an oversight that some of the leading operators quietly pointed out to me; we had forgotten to mention a growing brand that was having an impact on the performance of parts of their estates – Mitchells & Butlers’ (M&B) premium steakhouse concept, Miller & Carter
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News
Eagle Eye heralds “transformational year”
Eagle Eye saw its revenue increase by 71% to £11.1m in the 12 months to 30 June 2017
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NewsPrezzo group property director steps down
Prezzo’s group property director, Steve Holloway, is to step down from his role, MCA has learnt.
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NewsTributes paid to Aidan Keane
Leading figures across the sector have paid tribute to Aidan Keane, the founder of design agency Keane Brands, who has passed away aged 49.
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Analysis & Insight
Future of menu price inflation ain’t what it used to be…
Menu changes and associated price increases have typically come twice a year. However, as operators face ever more challenging headwinds, is more frequent menu adjustment becoming the new norm? Steve Gotham looks at what the data from MCA’s Menu Tracker can tell us.
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NewsPrezzo looks to consolidate estate
Prezzo has moved to consolidate its c300-strong estate by placing a 27-strong package of sites on the market
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News
Conviviality Direct FY sales up 6.4%
Conviviality has reported that its wholesale division – which incorporates Matthew Clark and Bibendum – saw revenues grow 6.4% to £1.04bn in the year to 30 April.
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News
Prezzo appoints new chief people officer
Prezzo, the TPG Capital-backed group, has appointed Mark Powell, formerly of Poundland, as its new chief people officer
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OpinionFrankie says: don't relax...
MCA’s director of insight Steve Gotham takes a look at Frankie & Benny’s, which, a year ago, looked in deep trouble. A review has led to an upturn in fortunes but at what cost when prices have been reduced?
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Analysis & Insight
Knives are out for Frankie’s
This week saw shares at The Restaurant Group fall 7% on the back of a note from UBS, which said Frankie & Benny’s new menu was still 22% more expensive than branded pub chains despite cutting prices.