By M&C Report team2012-09-14T07:14:00+01:00
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.
Franco Manca operator Fulham Shore will continue to take advantage of properties coming to the market at “ever lower rents”, the company has said in a financial update.
Fulham Shore has said sales were up 7% to £68.6m before the full impact of the coronavirus as it revealed its results for the year to March 2020. It opened seven Franco Manca pizzerias and two Real Greek restaurants. It currently has 68 of its 70 restaurants open, including one new Franco Manca site, taking the total to 52. It said the business has “emerged in robust shape from this critical period” and without the coronavirus sales would have “exceeded market expectations”. “Franco Manca and The Real Greek are popular with the public,” it said. “Fulham Shore is well capitalised and we have ample headroom in our borrowing facilities.
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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