All articles by Georgi Gyton – Page 18
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NewsUK economy rebounds in January
GDP grew by 0.3%, according to new data from the Office for National Statistics, driven by a rebound in the services sector
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NewsTim Hortons planning move into travel hubs
The Canadian QSR brand is looking to expand into transport locations as part of plans to open 25-30 sites this year, with “significant growth” planned thereafter
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NewsEG Group’s foodservice business makes ‘good progress’
The Leon owner said the ongoing growth of its foodservice business was supported by an increase in outlets globally
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NewsThe Alchemist makes senior promotions
David Oxtoby has been promoted to director of operations, while Michelle Gandy has been made director of finance, as the business gears up for international expansion
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NewsChopstix acquires Chozen Noodle
The Asian QSR brand has acquired competitor Chozen Noodle for an undisclosed sum, including all 27 of its sites in Motorway Service Areas
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NewsWatchHouse coffee has further nine UK sites in the pipeline
Founder Roland Horne told MCA’s Food To Go Conference he was “very bullish” about growth opportunities
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InterviewsAndy Hornby: ‘Pressure from Oasis has no bearing on TRG’s strategic plan’
CEO Andy Hornby tells MCA the strategic plans announced yesterday were “entirely grown from within” and not in response to shareholder disquiet
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Analysis & InsightMan and machine: The future of robotics in hospitality
With operators battling labour shortages and rising costs, could robots be the answer? MCA explores their current usage, the benefits seen by operators, and the potential for their wider usage in the UK hospitality sector
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Analysis & InsightRestaurant spend dips year-on-year
Consumer spending in restaurants saw a decline in February, down 3% on 2021 figures, according to the latest credit and debit card spending data from Barclays, but spend in pubs was up
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NewsThorley Taverns sees revenue double
The Kent-based hospitality company saw turnover increase from £6.7m in 2021, to £13.4m for the full year to 30 June 2022.
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NewsTRG expected to put forward ‘cogent strategic plan’
Analyst Singer has said that while it expects the plan to address the rebuilding of shareholder value and profitability, it does not anticipate radical action
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NewsStarbucks ends speculation about UK sale with £30m investment
The coffee shop chain as ended speculation about a potential sale of its British business, announcing plans to invest millions in the refurbishment of its existing sites and open 100 new coffee shops in the UK.
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NewsPubs can stay open later for King’s Coronation weekend
Pubs, bars and clubs in England and Wales will be able to serve customers until 1am between Friday 5 and Sunday 7 May
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NewsRumours circulate about TRG pub sale
There is speculation that The Restaurant Group could be weighing up a potential sale of its pubs business Brunning & Price following pressure by activist investor Oasis
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NewsWendy’s targeting 45 UK restaurants this year
The burger chain intends to “lean in on our strong start” in the UK and Europe, by continuing to grow the UK market alongside traditional franchisees
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NewsNando’s launches new creative marketing campaign
This Must Be The Place forms part of a national brand marketing campaign which looks to celebrate the uniqueness of the Nando’s experience.
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NewsPret announces third pay rise for staff
The omnichannel retailer will give UK shop staff a further 3% pay rise from 1 April. This comes in addition to a 5% increase that came into effect in December, and a rise in April 2022.
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NewsWingstop appoints new head of marketing
Malachy O’Keeffe joins the fried chicken operator from Pho, where he was marketing manager
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Analysis & InsightVarious Eateries is confident the fog will clear
CEO Yishay Malkov concedes that the Coppa Club operator’s bottom line took a big hit last year, but he is confident its strategy for maintaining slow and steady growth will pay off
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NewsFood inflation hit 17.1% in February
Food items such as milk, eggs and margarine saw the fastest rises in price last month, according to new data from Kantar.