All Restaurants articles – Page 11
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Analysis & InsightGood weather boosts eating out
Following the reopening of dine-in hospitality consumer participation has increased, thanks to a rise in visit frequency. In the four weeks to 13 June 2021 pubs and restaurants have been the main beneficiaries of this trend, gaining channel share and driving up average spend.
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NewsShake shack debuts in Reading
Shake Shack is to open its latest delivery only kitchen this week in Reading.
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NewsPizza Express to cut further 1,300 jobs
Pizza Express will cut 1,300 roles across its estate as it looks to reduce its UK team. With job losses expected at all of its 370 sites, the business has said it has had to make the difficult decision as a result of declining footfall since September and poor city centre trade. The reduction will take place through a combination of voluntary and compulsory redundancies, and it is hoped the newly downsized team will place the business in a better position to prepare for 2021 and beyond.
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NewsScotland to ease alcohol restrictions
Pubs and restaurants in areas subject to Scotland’s lower three tiers will be able to serve alcohol indoors again from Monday next week, the first minister Nicola Sturgeon has announced.
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NewsKFC to create 5,400 jobs
KFC UK and Ireland has announced plans to create a further 5,400 jobs following a surge in takeaway demand through the coronavirus crisis, Sky News reports.
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NewsJeremy King: Tier 2 leaves London in ‘no man’s land’
Tier two restrictions are the “worst of both worlds”, according to Jeremy King, as he revealed his West End restaurants were down 50% on Monday on the previous week.
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InterviewsGraffiti Spirits' Matt Farell: ‘Liverpool has too much to lose, we’ve come too far’
Graffiti Spirits Group co-founder Matt Farrell told MCA of his devastation and surprise at Liverpool being placed into the harshest tier three coronavirus restrictions.
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NewsTRG’s remuneration and share plan overhaul approved
The Restaurant Group’s proposed new remuneration policy and restricted share plan has been approved by shareholders.
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NewsMcDonald’s global sales still in decline
McDonald’s has started to see a modest recovery across its markets, though global and UK sales are still down.
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NewsWhich Wich launches delivery kitchens
Which Which, the US sandwich chain, is expanding its UK operations with the launch of two new dark kitchens, in Battersea and Bethnal Green.
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Analysis & InsightFood to go to see 41% bounce back in 2021
Food to go will see a significant bounce back from its 2020 decline next year, increasing its share of the overall eating out market, according to Lumina Intelligence.
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NewsTRG hopes to be “one of the long-term winners” with 40% retained estate
The Restaurant Group has reported “very encouraging” post-lockdown trading as it hopes its 60% estate reduction will allow it to emerge as “one of the long-term winners.”
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NewsSoho Summer Street Festival extended
The partial pedestrianisation of streets in Soho is to be extended until the end of October, Westminster Council has confirmed.
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NewsSales plummet at GBK
Gourmet Burger Kitchen system-wide like-for-like sales fell 66.2% for the six months to 27 August 2020, parent company Famous Brands has reported.
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NewsVarious Eateries enters AIM
Various Eateries, the Hugh Osmond-backed operator of the Coppa Club, has entered its first day of trading on the AIM today (25 September).
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Analysis & InsightSunak’s winter plan ‘nowhere near enough’
The Chancellor’s Winter Economy Plan has been met with dismay from the industry, with proposals of a 33% wage subsidy and two-month VAT cut extension a far cry from the levels of support needed to see businesses survive.
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NewsBoparan swaps Carluccio’s for Slim Chickens in Trafford Centre
Boparan Restaurant Group (BRG) is to open the ninth branch and largest Slim Chickens restaurant to date in Manchester’s Trafford Centre in November.
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NewsTRG revises remuneration policy
The Restaurant Group has announced its intention to replace its performance-based long-term incentive plan (LTIP) with a restricted share plan. The company’s existing remuneration policy is set to expire in 2021, but given the “exceptional events” of 2020 related to the pandemic, the committee has decided to accelerate its review and has recommended a new plan “which is better aligned to the long-term interests of the company and its shareholders.”
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NewsWhitbread non-exec steps down
Whitbread non-executive director Deanna Oppenheimer is to step down from the board this year.
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NewsWelcome Break shows “resilience” in post-lockdown recovery
Motorway service operator Welcome Break has seen a “resilient” recovery in sales post-lockdown, owner Applegreen has announced.