All articles by Georgi Gyton – Page 42
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NewsTurtle Bay reports record sales
The Piper-backed Caribbean restaurant group reported sales of £85.4m for the year ended 27 March 2022, with trading in the first 13 weeks of the year still strong.
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NewsMowgli is surpassing pre-Covid numbers
Founder and CEO Nisha Katona said the performance of the Indian street food restaurant was being boosted by its strong brand presence in the north
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NewsLicensing systems remains 'flawed'
Little progress has been made in addressing the lack of coordination between licensing and planning, according to a report from the House of Lords.
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NewsHostmore lfls in line with expectations
In an update on trading for the 26 weeks ended 3 July 2022, the group, which operates Fridays and 63rd+1st said guidance for the full year remained unchanged
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NewsDomino’s appoints new CFO
Edward Jamieson is expected to join the pizza delivery company and its board of directors in October 2022, replacing current interim CFO David Surdeau
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Analysis & InsightMajority of consumers not planning to cut eating out spend
Nearly two-thirds (59%) of consumers said they planned to spend the same on eating and drinking out, according to the latest survey by customer experience platform Feed It Back
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InterviewsPho: ‘We will maintain our regional bias’
MD Patrick Marrinan told MCA the strength of its business outside London was a “saving grace” throughout the pandemic, with the regions to be key pillar of its annual target of up to seven new openings
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NewsBurger & Sauce looking to reach 25 sites in 2023
The new QSR concept is looking to open another six to eight restaurants this year, before doubling its estate next year, franchise director Anthony Round told MCA.
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InterviewsAdmiral Taverns: ‘Funding for acquisitions isn’t an issue’
The community pub group has the support of its should suitable opportunities arise, CEO Chris Jowsey told the Pub Conference
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Analysis & InsightPub sector to see 55% value growth in 2022
High levels of inflation coupled with unrestricted trading will see pub market return to just under its 2019 value this year, according to Lumina Intelligence
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NewsTen Entertainment sees sales +50%
The bowling and family entertainment centre group achieved a 52.6% increase in total sales for the 26 weeks to 26 June 2022, compared to 2019 figures
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NewsMarston’s marketing 50 non-core pubs
Marston’s has placed a package of around 50 non-core pubs on the market which no longer satisfy its pub strategy.
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NewsMcDonald’s warns customers about product shortages
Posters have been put up in the windows of a number of its UK restaurants stating that some ingredients may be temporarily unavailable due to issues with its supply chain
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NewsBrasserie Bar Co names new ops directors
Brasserie Bar Co has promoted both Tom Palfreeman and Sam Wood from his roles as regional directors at the pub and restaurant group
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NewsR&D spend in hospitality falls by 21%
Spend on innovation in the hospitality sector fell by more than fifth in Q1 2022, illustrating the cost pressures on the sector, according to funding specialist Catax
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NewsDirty Bones partners with Hero Brands
The partnership will see the NYC-inspired food and cocktail concept using Hero Brands’ franchising expertise and network to accelerate its growth in the UK
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InterviewsAnglian Country Inns: ‘UK tourism is a hot market’
The continuing popularity of holidays in the UK means the property market is “pretty dry for decent freehold pubs”, managing James Nye tells MCA
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NewsGovernment ads to warn of needle spiking
Students beginning university in September are to be targeted with government ads warning them about the risk of being spiked with needles in nightclubs.
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Analysis & InsightPub numbers dropped 7,000 in a decade
The total number of pubs in England and Wales now stands at less than 40,000, according to research from Altus Group
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NewsPret reports H1 revenue up 230% on 2021
The food to go brand said regional sales had outstripped growth in the capital on a like-for-like and total revenue basis, with the group returning to profit in March