All articles by Georgi Gyton – Page 60
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NewsNew Year trading up for Brighton Pier Group
While trading was impacted during December, Brighton Pier Group achieved a 9% increase in sales at its bars over the New Year period.
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NewsHostmore sees December revenue down 8.3%
Despite continued uncertainty around Covid, the operator of Fridays and 63rd+1st said it was positive about the future, with its first QSR format site to open in March and many other sites in the pipeline
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NewsSA Brain poised for £100m pubs disposal
SA Brain is on the verge of signing a deal to sell 100 of its pubs to a consortium comprised of Song Capital and Cerberus Capital Management, according to Sky News.
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InterviewsGerry Ford: ‘A black cloud has been lifted from Caffè Nero’
“We were literally held hostage,” Gerry Ford said of the Issa brothers’ takeover bid, after Caffè Nero refinanced all of its debt, marking a new chapter for the group.
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Analysis & InsightPrices for quality freeholds up almost 10% in 2021
The average price of freehold freehouses increased by 9.5% last year, on H2 2020, according to Fleurets’ new survey of pub prices report 2021.
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NewsOperators welcome move to cut self-isolation period
The government’s decision to reduce the duration of self-isolation to five days is expected to significantly improve staff availability in the hospitality sector.
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NewsStar Pubs pledges further support for Scottish and Welsh pubs
Star Pubs & Bars is to offer a 30% rent reduction to all of its pubs on core leased and tenanted agreements in Scotland and Wales
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NewsM&B feels impact of Omicron on Christmas trading
Mitchells & Butlers has reported a total sales decline of 5.2% for the year to date as the impact of Omicron had a noticeable impact on festive trading.
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NewsAdmiral reports resilience performance for FY21
Admiral Taverns’ CEO Chris Jowsey said the pandemic and the UK government’s response to it “had a seismic impact on the hospitality sector”
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NewsPret to invest more than £9m in staff pay
Pret A Manger has announced that from April 2022, 85% of its team members will earn at least £10 per hour.
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NewsDishoom and Nando’s make Glassdoor’s best places to work list
Dishoom features in 12th position and Nando’s 34th in Glassdoor’s UK Top 50 list, based on the feedback of employees.
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NewsWhitbread sees F&B sales slide
Whitbread has reported a fall in total food and beverage sales of 11.1% during Q3 in a value pub and restaurant sector which “remains challenging”
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NewsJust Eat to continue significant investment in London
Just Eat Takeaway.com has said it will continue to invest heavily in its London network, as part of its plan to further improve profitability in that market in 2022.
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NewsScottish restrictions to continue for indoor hospitality
The requirement for table service and social distancing in hospitality venues in Scotland will remain in place until at least 24 January
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NewsUpham makes ‘strong headway’ on repositioning
Pub operator Upham Group has seen “positive indications” that its strategic refocus and development agenda is making a positive impact on its long-term business.
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Analysis & InsightDelivery platforms benefit from Omicron Christmas
The likes of Deliveroo, Just Eat and Uber Eats saw an increase in consumer spend over the festive period as consumers opted to eat at home, according to the latest data from Cardlytics.
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InterviewsTortilla: ‘We have got a very good pipeline for this year’
The fast-casual Mexican brand has got “a lot of very exciting sites” lined up to open in 2022 and is already building its pipeline for 2023, chief executive Richard Morris has told MCA.
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NewsFuller’s extends healthcare benefits to junior staff
The new scheme offers healthcare benefits to all team members, from kitchen porters to deputy managers, so long as they have at least 12 months’ service.
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NewsPatty & Bun reaches 10 sites
Better burger concept Patty & Bun has secured a new site in Clapham, takings its estate to 10 restaurants.
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NewsNTIA calls for further leniency on self-isolation rules
NTIA CEO Michael Kill is asking the government to consider reducing the self-isolation period for workers, or to examine a ‘test and release’ system which could help businesses struggling with staff shortages.