All articles by Georgi Gyton – Page 41
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Analysis & Insight
West End hospitality seeing huge cut to trading hours
With a fifth of hospitality vacancies unfilled in the area, almost half of businesses are reducing trading hours, according to a new report
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News
McDonald’s takes loyalty scheme nationwide
The fast-food chain has expanded its first loyalty scheme in the UK, MyMcDonald’s Rewards, taking it nationwide, following a successful trial earlier this year
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News
Shepherd Neame makes Bournemouth acquisition
The independent brewer and pub operator has secured its first site in the seaside town – takes its total estate to 300 – as it looks to capitalise on the staycation market
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Analysis & Insight
Gross profit down as food costs rise
Average overall costs are up by 10% compared to 2019, with food costs up by approximately 13% and drink costs by 8% over the same period, according to Fourth
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News
Burger King UK to launch new loyalty programme
Your Burger King will launch on 26 July and will enable customers to acquire points which can be redeemed against 22 menu items
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News
Tipping bill ‘good starting point’ says UKH
The introduction of a Private Members’ Bill which would see hospitality operators forced to hand over all tips to staff has been welcomed by industry bodies.
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News
Deliveroo feels impact of consumer cost pressures
The delivery company has updated its guidance, and downgraded its forecasts for full-year gross transaction value growth
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News
Tortilla like-for-like sales up 19%
Group revenue increased by 60%, to £26.9m, in the half year to 3 July 2022, compared to 2019 – a 55% increase excluding the impact of its acquisition of Chilango in May this year
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Interviews
Five Guys: ‘We are expecting record store openings this year’
CEO John Eckbert spoke to MCA about a year of records in 2021, its strength as an affordable luxury and how it’s zigging when everyone else is zagging.
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Analysis & Insight
New report calls out high salt content in kids’ meals
Campaign group Action on Salt said one in three children’s meals contained 2g or more of salt and is calling for mandatory reformulaton programmes
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News
Ghetto Golf to rebrand as Golf Fang
Imbiba-backed The Fang Collective has made the decision to rebrand its Ghetto Golf venues to coincide to the reopening of its refubished Birmingham site
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Interviews
Jonathan Neame: ‘There need to be more financial incentives for training’
Operators can’t continue to blame Brexit for hospitality’s struggles with the recruitment – but there are things the government could do to help, the Shepherd Neame CEO told MCA’s Pub Conference
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Analysis & Insight
Eating out spend up on last year, but down on 2020
The removal of lockdown restrictions saw spend across pubs, bars and restaurants boom between 2021 and 2022, new data from Cardlytics has found
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Interviews
Loungers: ‘The pipeline has never been stronger’
The Lounge and Cosy Club operator is confident it can achieve its larger roll-out target, and is opening sites better than ever, chief executive Nick Collins told MCA
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News
Loungers appoints chief people officer
Guy Youll will join the business in the autumn and lead the people side of the business, building on “the important work we have done this year”
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News
Ascona targeting 30 Greggs sites
The forecourt operator has opened its first Greggs site at Crossways Service Station in Pembroke in North Wales, with planning permission submitted for a second at Holywell
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News
Loungers reports record full year sales
The group achieved revenues of £237m for the 52 weeks to 17 April 2022 and has increased its openings target from 25 to 30 sites per year
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News
In pictures: ASK Italian's new community concept restaurant
Learnings from the revamped restaurant in Horsham will be rolled out to other ASK Italian sites in the coming year.
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Interviews
Big Fang Collective: ‘We want to expand across the UK’
The Imbiba-backed experiential group is looking to regenerate local areas with its multi-site crazy golf themed venues
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Interviews
Shepherd Neame: ‘A 2024 recovery feels right’
Jonathan Neame, chief executive of the family brewer and pub operator said the decisions it is making now will act as building blocks to capitalise on a post-recession boom