By M&C Report team2012-09-13T07:45:00+01:00
JD Wetherspoon’s £93.7m share placement should provide a buffer against the impact of low sales upon reopening, as well as enable it to invest in new sites, as and when opportunities arise. We round-up the thoughts of analysts from Liberum, Peel Hunt and Hargreaves Lansdown on the pub operator’s latest move.
Travel hub operator SSP has simplified its menus by up to 50-60% during the pandemic, which could result in smaller menus remaining post-covid, according to an analysts’ note by Peel Hunt.
Rekom UK CEO Peter Marks has said he would rather “wait a little bit longer” for reopening, than dilute the nature of the business’ offer.
Casual dining operator Dining Street Limited has appointed administrators, with all 147 staff made redundant.
Hawksmoor CEO Will Beckett has predicted the post-pandemic restaurant scene will be focussed on quality and innovation, which will see a new a generation of young, talented operators coming through the ranks.
Papa John’s is to introduce new flexible franchising formats for 2021 as it looks to expand its reach into new types of location.
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