All articles by Finn Scott-Delany – Page 29
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NewsFarmstand goes 100% online
Farmstand, the healthy eating concept, has relaunched its business model and gone 100% online in response to the pandemic.
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NewsHostech returns for 2021
Hosetch returns this month as a month-long virtual event and editorial series, bringing you the latest developments in digital technology in the hospitality industry.
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Analysis & InsightGraeme Smith: ‘Investment is waiting on the sidelines’
M&A activity in the sector is predicted to pick up once the vaccine rollout gives more clarity on recovery, AlixPartners’ Graeme Smith has forecast.
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InterviewsDavid Page: ‘It’s a frustrating experience, not being in charge’
Franco Manca chairman David Page has spoken of the frustration, but inevitability, of working with delivery partners during the pandemic.
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NewsDiageo pivots to UK retail
Diageo grew net sales by 2% in Britain, with growth in retail more than offsetting declines due to restrictions and closures of pubs and bars, in Q2 2020.
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NewsBritvic drives at-home sales
Britvic has reported adjusted revenues were down 5.8% to £328.1m in the three months to December 2020.
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NewsFever-Tree grows global trade amid home decline
UK revenues at Fever-Tree declined by 22% to £103m in 2020, though this mostly was offset by growth in Europe and the US, leading to a more modest global decline of 3%, and total revenues of £252m.
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NewsBrewDog eyes Wapping Power station for brewpub concept
BrewDog is hoping to turn a former industrial unit into a new brewpub concept, MCA understands.
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NewsThunderbird secures former Bryon Earls Court site
Thunderbird Fried Chicken has secured its fourth bricks and mortar site, which CEO Paul Gilchrist told MCA was the first under its revamped brand identity.
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NewsMercato Metropolitano announces £35m expansion plan
Community food market business Mercato Metropolitano has announced plans for a £35m expansion across London, Europe and the US.
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NewsDishoom secures £8m in loans
Dishoom secured a £5m loan from the Coronavirus Large Business Interruption (CLBIL) scheme, as well as a £3m loan from shareholders, to help is get through lockdown, documents filed at Companies House reveal.
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NewsSarah Willingham on the ‘once in a lifetime opportunity’ for the bar sector
Nightcap CEO Sarah Willingham has said she hopes her newly listed late-night group will come the go-to fund for distressed but sound businesses needing to restructure.
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NewsShareholders inject £13m into Yo!
The parent company of Yo! secured £13m in shareholder funding in September 2020 to repay bank debt.
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Analysis & InsightVast majority cannot survive without further support - poll
The vast majority of operators (79%) cannot survive a lockdown until May without further government support, Lumina Intelligence’s Hospitality Leaders Poll reveals.
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InterviewsWill Beckett: New wave of quality and innovation will follow pandemic
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.
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NewsRed Oak Taverns acquires three pubs
Red Oak Taverns, the independent pub operator, has completed the acquisition of three pubs from Reclamation Inns for an undisclosed sum.
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NewsBurger King drives through recovery
Burger King UK has “recovered significantly” from the impact of coronavirus, due to its ability to trade through lockdowns, and drive through restaurants.
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NewsHop Vietnamese acquired by founder in accelerated sale
Hop Vietnamese has been acquired in an accelerated sales process to a new entity controlled by founder Paul Hopper.
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NewsWetherspoon raises £93.7m in new equity
J D Wetherspoon has raised £93.7m investment following a share placing, which it help with low sales upon reopening, and acquisitions in London.
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NewsWetherspoon seeks £94m in share placing
Wetherspoon has announced plans for an equity placing to raise proceeds of up to £93.7m.