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By M&C Report team2011-06-17T10:25:00+01:00
The ability to provide a differentiated experience is key to a successful rollout, and one that Loungers is able to offer, according to analysts Berenberg.
Analyst Liberum has said it expects Loungers to “explode out of the blocks” once sites reopen, following the announcement by the operator this morning that it intends to resume its fast-pasted opening rate once restrictions are lifted.
Loungers has announced that its lending banks have approved a 12-month extension to the incremental £15m revolving credit facility (RCF) that was place in place in April 2020.
Former Eat director Aunaud Kaziewicz is launching a new concept which he is pitching as the Cote Brasserie of QSR.
Trispan-backed Rosa’s Thai has said it expects to open five to six new sites each year, while also pursuing opportunities to operate delivery-only cloud kitchens as it continues with its expansion plans.
The basic blueprint for Fridays’ expansion has got to change, chief executive Robert Cook told listeners to MCA’s The Conversation this week.
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