GBK lfls down 8.2% year to date

Famous Brands, the South African-based company, which acquired GBK for £120m in September 2016, said the better burger chain’s trading position declined year-on-year with like-for-like sales down c12.6% over two years, and down c8.2% year to date, as it initiated a Company Voluntary Agreement (CVA) process for the struggling business.

 

THIS ARTICLE IS ONLY AVAILABLE TO TRIALLISTS AND SUBSCRIBERS

Already have an account? SIGN IN HERE

Gated access promo

Apply for a trial now to access exclusive news, insight and analysis of the UK’s dynamic eating and drinking out sector.

Learn more about MCA here

Alternatively subscribe for unrestricted access to all content. Contact us for more information enquiries@mca-insight.com