All Wagamama articles – Page 12
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NewsAnalysts corner: Berenberg on TRG
While some key questions remain around whether Wagamama can maintain its positive momentum within The Restaurant Group, analysis of Trip Advisor ratings by Berenberg has found that signs are positive – and that customer perception of Frankie & Benny’s is improving.
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Analysis & InsightThe leading edge in IT and digital marketing
As part of our Agenda series of roundtable discussions, MCA – in partnership with US-based digital marketing solutions leader Punchh – brought together marketing and IT directors from diverse, sector-leading UK operators for a debate on tech and digital marketing. Hosted by James Wallin, here are the highlights from the day.
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NewsPeach Pubs markets freeholds after failed sales process
Peach Pubs is selling four freehold investments, which it will lease back, to allow the company to be debt-free, invest in its estate, and take on new pubs.
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Analysis & Insight’A brand that has been around for a certain amount of time can be both a gift and a curse’
The Restaurant Group’s director of product innovation talks to Sarah Sharples at MCA’s sister title Food Spark about dish development at Frankie & Benny’s, why innovation is key to fighting casual dining woes and her hopes for sustainable eating.
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Analysis & InsightNo disgrace in getting things wrong
With several well-known names joining the ranks of closures in the past month, MCA contributing editor Peter Martin discuss the impact of choice on the market and why sometimes it’s important to just give something a go.
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NewsPeach to reinvest in pubs following decision to end sales process
Peach Pubs has returned to “business as usual” as it continues to invest in its pubs rather than put its head back above the parapet for prospective buyers.
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NewsWagamama to install gender-neutral toilets
Wagamama is to install gender-neutral toilets in up to 40% of its UK restaurants.
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NewsTurtle Bay appoints Be At One’s Gregory as ops director
Adam Gregory has left Be At One to join Turtle Bay as its new operations director.
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News
Penta Foodservice ceases trading after second administration
Penta Foodservice, the Farnborough-based restaurant wholesale supplier, has collapsed into administration after haemorrhaging customers following a previous rescue.
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Analysis & InsightA message to you Andy: What’s top of the in-tray for new TRG CEO?
MCA market insight director Steve Gotham looks at the key challenges and opportunities for incoming chief executive, Andy Hornby, at The Restaurant Group. This includes the continued ‘optimisation’ of the Leisure estate, with some green shoots visible at Chiquito in terms of resonance with consumers. He also examines the potential for leveraging the positive momentum at Wagamama through conversions across the wider portfolio.
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News
Wagestream raises £40m
Wagestream, which provides flexible payroll solutions for Roadchef, Stonegate and Wagamama, has raised $51m (£40.1m) in series A funding.
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NewsTRG to convert Bolton F&B’s into Wags
The Restaurant Group (TRG) is to convert its Frankie and Benny’s in Bolton into a Wagamama.
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NewsTRG lfls up 2.8%
The Restaurant Group (TRG) has reported like-for-like sales in the 19 weeks to 12 May up 2.8%.
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OpinionSatisfaction or sales – how can you measure success?
New ways to “measure the unmeasurable” mean that satisfaction data could start to rival sales data as a key metric for operators, according to Gary Goodman, chief executive of Yumpingo.
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OpinionAnalysts corner: When will the wheels fall off the Waga?
Peel Hunt analyst Douglas Jack gives his view on the prospects for The Restaurant Group, which is due to report on Q1 trading next week. He says that while Wagamama’s like-for-like sales are likely to flatter for a while yet, the cost of labour inflation and broadly flat lfls in the rest of the company leaves the brand with little room to slow. He also asks whether it is time for companies like TRG to break out their in-store and delivery revenues and lfl sales.
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OpinionAnalysts corner: TRG
Analysts at Shore Capital and Goodbody give their views on the appointment of Andy Hornby as the new chief executive of The Restaurant Group.
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NewsTRG confirms Hornby as new CEO
The Restaurant Group (TRG) has announced the former boss of the HBOS bank, Andy Hornby, as its new chief executive.
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NewsHead of corporate development at Warrens Bakery departs
Andy Hulbert, head of corporate development, at Warrens Bakery has left his role to establish his own franchise and business consultancy, Bee Smart.
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NewsLoungers raises £83m through IPO
Loungers, the 146-strong café-bar group, has announced it has raised £83.3m through its IPO with admission to AIM on 29 April.
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NewsEx-Pret exec Selin joins Wagamama
Wagamama has further strengthened its management team with the appointment of former Pret executive, Johanna Selin, MCA understands.