All articles by Georgi Gyton – Page 50
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Interviews
Camerons to expand Bar Soba concept
The North East brewer and pub operator is looking to kick start its growth strategy following a bank refinancing at the tail end of 2021, CEO Chris Soley tells MCA
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News
Taster accelerating UK growth; launches new brand
The creator of virtual restaurant brands is looking to have built up a network of 200 digital restaurants in the UK by the end of 2022
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News
Fridays appoints chief marketing officer
Rhiannon Scarlett, who takes up her role at Hostmore later this month, will oversee the marketing, PR and digital operations for Fridays UK and its sister brand 63rd + 1st
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News
Just Eat maintains strong order levels
Just Eat UK & Ireland achieved order numbers of 67.6m in Q1 2022, compared to 67.3m in Q1 2021, with GTV up 7% over the period
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News
Camerons welcomes return to profit
The North East brewer and pub operator achieved a profit after tax of £0.4m in the eight months to 2 January 2022, following a loss of £7.4m the previous financial year
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Analysis & Insight
Pub and bar sector to regain market value this year
The UK pub and bar sector is expected to reach a value of £22.6bn in 2022 – 99% of its 2019 market value, according to the latest data from Lumina Intelligence’s Operator Data Index.
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News
Hall & Woodhouse returns to profit
The independent family brewer and pub operator said that the last financial year had been challenging, but the crisis had given rise to opportunities for acquisition
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Analysis & Insight
Late nights out back to pre-Covid frequency
The average consumer visits a late night venue 1.2 times a week – the same as in 2019, according to Rekom’s latest Night Index, with spend just shy of pre-pandemic levels
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Analysis & Insight
Recruitment: ‘You have to go the extra mile’
With EU workers having left the UK hospitality sector and Brits failing to fill the gaps, MCA asks operators how they are mitigating the challenges around recruitment
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News
BoxPark secures site for first London BoxHall
The group has agreed a 15-year lease with TfL for the Metropolitan Arcade building, near Liverpool Street station, for an opening in the summer of 2023
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News
Minor appoints advisory board for UK portfolio
MINT said the board would provide guidance on strategic decisions to “balance growth and legacy” for all its businesses in the UK, which now includes Corbin & King
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News
Deliveroo shares fall just short of new low
Shares in the delivery business fell 1.1% yesterday, to close at 108¼p, less than a third of the 390p at which they were listed last March, despite growth in GTV and order volumes in Q1
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News
Swingers forecasts £22m UK revenue this year
The business will launch its second venue in Washington DC in February 2023, as part of plans to open three locations next year as it looks to expand in the UK and US
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News
Arc Inspirations secures £19m investment from BGF
The northern bar operator is looking to double its 18-strong footprint over the next three to five years, by continuing its cluster strategy of opening multiple venues in major UK cities, across its three brands
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News
Hugh Osmond: ‘Shutdown cannot be the automatic government response’
If complete closure of the hospitality sector becomes the automatic response to further outbreaks of Coronavirus, “the sector will become un-investable”, the founder of PizzaExpress has warned
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News
Stonegate reshapes marketing team
Melissa Wisdom has been promoted to sales and marketing director as part of a restructure following the departure of marketing director Nicola Pryce
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Interviews
Tortilla: Change in planning law ‘hugely beneficial’
From former retail units to new franchise partners, the fast casual Mexican brand is “pushing all avenues” to reach its target of 45 new sites by 2026
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News
Pret secures new agreement for Irish expansion
An agreement of terms has been reached with existing franchise partner Carebook which will see 20 Pret shops opened across Ireland over the next decade
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News
Ghetto Golf operator secures £5m from Imbiba
Big Fang Collective, which operates Ghetto Golf, Golf Fang and Birdies Bar brands, will use the funding to continue its UK expansion which includes seven new sites over the next two years
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News
Tortilla to accelerate expansion on the back of significant revenue growth
The fast-casual Mexican brand, which listed on AIM in October, achieved revenue growth of +79.5% in the full year to 2 January 2022, with its strong trading momentum continuing post year-end