All Prezzo articles – Page 9
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News
Turquoise secures Prezzo sites
Turquoise Kitchen, the Turkish concept from the group behind The Real China, is to double its estate after securing a pair of Prezzo sites.
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News
Hunter departs Prezzo
Paul Hunter, operations director for the Chimichanga and MexiCo brands, has departed Prezzo, MCA understands.
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Analysis & InsightBrandwatch: Prezzo
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
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NewsSpotlight falls on Prezzo’s trading
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.
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News
Discounting predicted to remain at elevated levels
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.
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News
December lfls up 4.8% at Loungers
Loungers recorded like-for-like sales up 4.8% for the four weeks to 31 December 2017
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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.