All articles by Georgi Gyton – Page 30
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News
West End property values fall
The value of commercial property in the West End of London is falling as higher interest rates impact the area’s recovery, however pre-Christmas trading has been strong
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News
TRG names new marketing director
Andreia Harwood will join The Restaurant Group’s Leisure & Concessions division (TRG L&C) from Lemon Pepper Holdings.
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News
Paul UK looking to introduce café format
The French bakery chain is looking at converting some of its traditional format sites to the Paul le Café format, CEO Mark Hilton told MCA.
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News
Neat Burger to expand in Middle East
The vegan burger brand, supported by Lewis Hamilton and Leonardo DiCaprio, will open a franchise location in The Dubai Mall later this week.
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News
Thai Leisure looking to the future ‘with confidence’
The group exited its CVA in June 2022 – three months earlier than anticipated and has seen strong trading in the current financial year.
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News
Franco Manca appoints new marketing director
Sorrel Ward joined the Fulham Shore owned pizza restaurant operator this month, from her previous role as head of marketing at The City Pub Group.
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News
Pavli takes on further NED role
Paul Pavli has become a non-executive director at Black Rock Restaurants in Brighton which operates The Coal Shed and The Salt Room concepts.
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News
GDK appoints new FD
The Hero Brands owned business has appointed Kevin Giudici as its new finance director.
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News
Government partnership key to net zero success
Hospitality businesses are committed to reducing their carbon footprint, but cash flow is tight so additional financial incentives are needed, UKHospitality has said
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News
McDonald’s UK customers still attracted by its value
Despite the impact of high inflation and energy prices, consumers are still returning to the fast-food chain for “the value we offer”, president and CEO Chris Kempczinski has said.
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Analysis & Insight
Drinks grow share of delivery occasions
With share up 15% so far this year, drinks represent a growing opportunity for operators, according to the latest CGA by NielsenIQ Hospitality at Home Tracker.
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News
Zizzi to launch new loyalty platform
Zillionaire’s Club will reward customers each time they visit its restaurants, use click and collect or purchase Zizzi for delivery. There are also plans to link it to the brand’s retail products.
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News
Wimpy UK achieves 14% sales uplift
While sales rose during the six months to 31 August 2022, the Famous Brands owned business said the cost of living crisis had “eroded consumer confidence” in the UK.
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News
Caffè Nero reports strong Q1 sales
Sales in the four months to the end September 2022 were at 107% of pre-pandemic levels, with the coffee chain planning for seven new UK openings in Q2
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News
Nando’s appoints new group CFO
The restaurant chain has appointed Matthew Edward Bennison as its new group chief financial officer, taking over from Luke Tait.
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News
Further rail strikes announced for November
Workers will walk out on 3, 5 and 7 November, with the unions threatening mass strikes heading into the winter
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News
Revolution Bars Group is back in the black
The group turned around a £26.3m loss in 2021 to report a profit before tax of £2.1m in the 52 weeks to 2 July 2022, but recent sales have been hit by falling consumer confidence
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News
Revolution Bars Group acquires Peach Pub Company
The operator of the Revolution and Revolucion de Cuba brands has acquired the 21-strong operator of premium food-led pubs for a consideration of £16.5m as it looks to diversify its growth strategy.
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News
Beer supply threatened in run up to World Cup
GXO Logistics drivers, who deliver around 40% of UK beer, have announced they will go on strike between 31 October and 4 November over pay, Unite has said.
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Analysis & Insight
Lunch on the go purchases get the chop
Almost a third of consumers are now choosing to take a packed/home-made lunch into the office rather than purchase food on-the-go, according to data from Barclaycard.