All The Real Greek articles – Page 3
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OpinionPeter Martin: ‘Eat Out to Help Out an opportunity to consolidate consumer connection’
Operators must utilise what time remains of the Eat Out to Help Out scheme to consolidate a consumer connection, and encourage a return visit, MCA’s The Conversation has heard.
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OpinionPeter Martin: Impact of weather on consumer behaviour the “one thing that hasn’t changed”
British weather, in all its unreliability, is the single most unchanging factor in its impact on consumer behaviour, MCA’s The Conversation has heard. Speaking at the event, MCA contributing editor Peter Martin told attendees that in his ten years of operating the Coffer Peach Business Tracker – a sector sales tracker produced by CGA in association with The Coffer Group and RSM – “the weather is the one thing that hasn’t changed over the years.”
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OpinionDominic Walsh: Casual dining one of ‘big losers’ of pandemic
It used to be so simple. Come up with a restaurant concept and a brand, open one restaurant, then a second, then aim for five outlets then ten and 20, and if it’s still working, press the button on a nationwide rollout. Well, something like that, anyway.
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NewsFulham Shore raises £2.25m in share placing
Fulham Shore has raised £2.25m in a share placing that was oversubscribed.
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NewsFulham Shore - sales around 72% on previous year
Fulham Shore has released a trading update and announced a fundraise as it looks to fight its way though the coronavirus crisis. It said it has 49 out of 51 Franco Manca sites open, and 14 out of 18 Real Greek restaurants open, and though social distancing means they are only operating at between 60-70% of their previous capacity, this has “to some extent” been compensated by an increase in delivery and takeaway sales. It said in the four weeks since 6 July, like-for-like restaurant sales at reopened sites were around 72% year on year.
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InterviewsWhat it’s like to operate in lockdown part five: Franco Manca
Franco Manca opened five stores for delivery and collection on Friday after a two week in trial in Chiswick. David Page, chairman of parent company Fulham Shore, talks to MCA about the benefits of flat sharing pizzaiolas and why pre-coronavirus rents are not going to happen again.
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NewsFulham Shore closes all sites
Franco Manca and The Real Greek operator Fulham shore has announced the full closure of its estate.
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NewsFulham Shore confident it will thrive again on return
Franco Manca and Real Greek operator Fulham Shore is confident it will thrive once the market returns to normal.
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NewsFulham Shore reports hike in sales and lift in profits
Fulham Shore, which operates Franco Manca and The Real Greek, has said sales were up 9.3% to £36m for the six months ended 29 September 2019. Pre-tax profits were £1.4m, compared to a £0.1m loss the previous year. It opened six Franco Manca sites and one Real Greek site during the period, and has also opened one of each since September. It now has 51 Franco Manca sites and 18 Real Greek sites.
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NewsHop Vietnamese closes in on crowdfunding target
Hop Vietnamese has raised more than three quarters (81%) of its £750k crowdfunding target, with 19 days still left to go.
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NewsThe Real Greek revenues ’slightly down’
The Real Greek’s like for like revenues are “slightly down” on last year, due to the heatwave comparative of last year, the restaurant’s chairman will tell its annual general meeting today.
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NewsFranco Manca lines up Aldgate site
Franco Manca looks set to open a further London restaurant, in Aldgate, MCA understands.
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OpinionShored up: Franco Manca bounces back
Italian casual dining is still dangerously overexposed, but Franco Manca has bucked the trend of consolidation and CVAs with its razor-sharp focus on food, service and value. After posting a year of growth and promising a new expansion drive, MCA’s Finn Scott-Delany speaks to Fulham Shore chairman David Page.
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NewsFranco Manca operator to up expansion this year
Franco Manca operator Fulham Shore will increase its openings programme this financial year after achieving EBITDA of £7.1m – up from £5.5m in 2018.
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Analysis & InsightAll aboard the vegan express
MCA market insight director Steve Gotham looks at the rise and rise of veganism and its impact on menu development over the past two years.
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NewsFulham Shore reports strong end to FY
Fulham Shore has reported that it expects both revenue and headline EBITDA to be ahead of last year’s figures after a particularly strong end to the year.
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Analysis & InsightThe age of deliverance
Three years ago, a group of operators came close to forming a syndicate to control the delivery side of their businesses, in the face of growing influence among the ‘disruptors’. Fast forward to 2019 and Deliveroo has introduced a wave of its own virtual brands into its Editions programme and is also thought to be close to securing its first bricks and mortar site in the UK. Meanwhile, Uber Eats is believed to be trialling integration of its taxi fleet into its food delivery operation. With this often fraught relationship seemingly reaching boiling point, MCA editor James Wallin asks if the time has come for operators to take back control. With comment from MCA’s contributing editor, Peter Martin, on why ownership of technology is key to this power struggle.
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NewsCampbell joins Yard Sale Pizza as NED
Yard Sale Pizza, the restaurant and delivery concept, has hired Hawksmoor chairman Paul Campbell as a non-executive director, MCA has learnt.
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NewsFulham Shore to open 10 sites next year
David Page, the chairman of Fulham Shore, has told MCA that he still sees the potential the treble the size of the Franco Manca estate and at least double the number of Real Greeks.