All articles by Georgi Gyton – Page 88
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News
Deliveroo’s share bounce back despite strike action
Deliveroo’s share value bounced back four percent this morning after all of its issued shares were admitted for trading on the London Stock Exchange, despite planned strike action by riders today.
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News
Chop’d invests in tech
High street salad chain Chop’d has invested £110k in digital developments ahead of the reopening of its sites next Monday (12 April).
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News
Chilango to launch digital-only restaurant
Chilango is to open its first digital-only restaurant at Boxpark in Croydon as the brand looks to capitalise on the growth in online ordering during the pandemic.
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News
Tasty banks on further landlord support as losses widen
Tasty is negotiating with landlords in a bid to avoid implemented a CVA or similar formal procedure, as the impact of lack of trading continues to impact its financial position.
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News
Wendy’s secures site in Croydon for return to UK
Wendy’s has secured a site in central Croydon as part of its plans to open 20 sites in the UK, MCA understands.
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News
Judge expedites Sacha Lord case
The High Court has agreed to expedite Sacha Lord and Hugh Osmond’s case after the government attempted to stall proceedings yesterday (6 April).
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News
Marston’s looks to reopen 70% of estate next week
Marston’s has said it is planning to reopen 70% of its estate in England from 12 April, and subject to regulatory confirmation, the majority of our Scottish and Welsh pubs on 26 April.
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Analysis & Insight
Uptick in outlet growth expected for food to go
The number of food to go outlets is forecast to grow by 0.6% this year, following modest growth of 0.2% in 2020, according to Lumina Intelligence’s new UK Food to Go Market Report.
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Interviews
Shereen Ritchie: ‘The pandemic hasn’t stopped us investing in our people’
Leon has used the challenges of the pandemic as an opportunity to adapt and improve how it develops its people, said UK managing director Shereen Ritchie.
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News
Deliveroo gets thumbs down from more fund managers
Legal & General Investment Management and M&G have joined the list of fund managers who have said they will not be buying shares in Deliveroo when it goes public next week.
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News
Bone Daddies to expand Wing Daddies concept
Bone Daddies is to roll out its new chicken wing-focused virtual brand to 12 sites across London following a successful trial in Kentish Town.
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News
Blood tests could form part of Covid certification scheme
Hospitality venues could allow millions of people who have recovered from Covid-19 and developed immunity into pubs and nightclubs under the government’s plans for a coronavirus certification scheme.
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News
Oakman Group acquires The Woburn Hotel
The Oakman Group has acquired 48-bedroom The Woburn Hotel, after signing a 25-year lease with The Bedford Estates, as it looks to take advantage of the boom in staycations.
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News
Clive Watson: ‘More pub operators will be looking to market towns’
It is likely that increasing numbers of pub companies will look to vibrant market towns for new sites as fewer people are expected to return to the office full time post-pandemic, Clive Watson, chief executive, City Pub Group has said.
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News
Vaccine passport idea dismissed by pub operators
The Prime Minister’s suggestion that vaccine passport could be used by pubs in order that social distancing rules could be scrapped early has been met with derision from leading pub operators.
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Interviews
Jason Clark: ‘Delivery is now an essential channel for us’
McDonald’s scaled-up its delivery offer during the pandemic, with 15% of total customers now coming to the brand through the channel, said Jason Clark, senior vice president and chief operations officer at McDonald’s UK & Ireland.
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News
Leon exits the US but doesn’t rule out second chance
Leon has made the decision to exit the US market after just two years, closing its four sites in Washington DC and Virginia, in order to focus on the UK and Continental Europe. However it hasn’t ruled out opening restaurants in the country again in the future.
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News
Glendola Leisure secures additional £6m banking facilities
Glendola Leisure’s parent company has obtained additional facilities of £6m from its banking partner, as part of a refinancing arrangement which also sees the extension of its existing £26.7m facility.
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News
Social Entertainment Ventures undergoes rebrand
Social Entertainment Ventures has rebranded as State of Play, as it approaches its 10-year anniversary.
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News
Time Out confirms Waterloo market is no go
Time Out Group has confirmed that its subsidiary Time Out Markets Central London will not be proceeding with the planned development of Time Out Waterloo, as it seeks further funding to counter with the impact of the pandemic.