All articles by Georgi Gyton – Page 27
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News
Wendy’s to open first franchise site next month
The US burger chain will open a site in Sheffield with Square Burgers, in December, with company-owned units due to open shortly in Liverpool and Greater Manchester.
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Cinnabon to launch delivery service
EG Group, which is the master franchisee of the US bakery brand, said the move followed “considerable demand” from customers and was its first e-commerce platform launch with a franchise partner
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News
Ping Pong sold in pre-pack administration
The restaurant chain has been sold to new entity AJT Dimsum Limited, with all six restaurants and staff to transferred to the new owner.
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Leon ramping up self-serve coffee kiosk roll-out
The fast food brand plans to more than double the number of its coffee kiosks by the end of January, to over 200, with more than 100 additional kiosks to launch in Asda.
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News
SSP acquires AMT Coffee from administration
Administrators from Interpath Advisory were appointed to the coffee chain on Friday (18 November), with 22 sites sold to SSP Group and 18 locations to close with immediate effect.
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News
Ofgem to investigate bad practice by suppliers
The energy regulator said it had been on the receiving end of reports about lack of offers for new contracts, excessive security deposits, excessive charges for deemed rates
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Downbeat reaction to Autumn Statement
Described by some as “devastating”, the lack of support offered to struggling hospitality businesses left many wanting much more from Chancellor Jeremy Hunt
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Interviews
Fuller’s: ‘The bedrock of our business is very solid’
The entire hospitality sector is going through a very difficult period but Fuller’s CEO Simon Emeny tells MCA he is confident its business model and the quality of its people will see it come through the challenges strongly.
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News
Openings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from Itsu, Golf Fang, Beefeater and Roxy Lanes.
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News
Chancellor to bring forward targeted approach to support for businesses on energy
In his Autumn Statement this morning, Jeremy Hunt also confirmed a rise in the National Living Wage, from £9.50 to £10.42 in April
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The Coffee House looking to double estate
The independent speciality coffee shop operator has just opened its 12th site in the North of England, in Bolton, and is planning 25 by 2025.
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News
The Alchemist to open first international site next year
The cocktail bar and restaurant group has confirmed plans to open a site in Potsdamer Platz, in Berlin
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News
Morty & Bobs to kick off expansion plans
The Edition Capital-backed business is looking to open two sites per year across the UK, with its third location to open next month in Kensal Rise.
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News
Nick Jones to step down from Soho House
The founder of the private members’ club has decided to step back from his role as chief executive and will be replaced by Andrew Carnie
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Fuller’s sees revenue up 45% for the half-year
The premium pub and hotel operator said it had achieved good momentum, with like-for-like sales still seeing double-digit growth in the first seven weeks of H2 2022, and strong growth in central London, despite the challenging macroeconomic environment.
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Analysis & Insight
Food prices up by a 20% in past year
Oils and fats have seen the highest rises, yet again, up almost 50% year-on-year, with overall food price inflation at 19.9%, according to the latest CGA Foodservice Price Index.
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News
Nightcap: ‘Opportunities won’t be missed’
Pausing its roll-out doesn’t mean property opportunities will be missed but that Nightcap will be in a better position to take advantage of them next year, CEO Sarah Willingham has said.
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News
Chopstix on track to reach century of sites
The pan-Asian QSR brand has just opened its second site in Norwich and is on target to reach 100 locations by the end of its current financial year.
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News
Inflation: ‘The crisis is worsening’
With inflation having reach a new 40-year high, it is essential that government introduces measures that can keep hospitality businesses afloat, UKHospitality has urged
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News
CMA to investigate Shaftesbury and CapCo merger
The two landlords reached an agreement on a recommended all-share merger of the two companies in June this year.