All articles by Georgi Gyton – Page 9
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Analysis & InsightDamage control: Righting the passage of TRG’s share price
Is The Restaurant Group’s new strategy a big enough catalyst to improve the position of its share price or is a more radical shake-up required? MCA reports
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Analysis & InsightDrinks sales saw double-digit growth in early June
Hot weather and major football matches helped drinks sales achieve double-digit growth in early June, according to CGA by NIQ’s latest Drinks Recovery Tracker data
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NewsHop Vietnamese to make regional debut
The Vietnamese QSR concept will open a further London site, on Bond Street, next month, before making its first move outside London with an opening at Manchester’s Trafford Centre in August.
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NewsBeers becoming weaker under new duty regime
Foster’s, Spitfire, Old Speckled Hen and Spitfire are among those that have had their alcohol content reduced, saving between 2p and 3p per can or bottle.
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NewsSarah Venning to leave Pret A Manger
Pret’s global chief digital officer is to step down from her role at the omnichannel food to go retailer to join Merlin Entertainments as its new chief digital and data officer.
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NewsWadworth looking to reinvest in pub estate
The brewer and pub operator, which has recorded a loss for the year to 31 December 2022 of £3.8m, said it hoped cost efficiencies from its new brewery could be ploughed back into its pubs
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NewsETM appoints new marketing director
Alex Lowe joined the premium sports bar business last month, replacing Kate Macdonald, who had joined the business in November last year.
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NewsAmber Taverns announces multiple new openings
The community wet-led pub operator is opening sites in Cheshire, Country Durham and Ayrshire, in June, as part of plans to open 14-16 new sites per year
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NewsM&B tipped as frontrunner in £600m Whitbread sale process
Whitbread is understood to have earmarked 250 of its 440 pub-restaurants for possible disposal and has approached established pub companies in order to try and avoid a drawn-out sales process.
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InterviewsMark Derry: ‘We are ready to step up to the challenge’
Heartwood Collection, formerly Brasserie Bar Co, is looking leverage the expertise of Alchemy Partners as it moves into the pubs-with-rooms market, its exec chairman tells MCA.
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NewsNew chair and president at UKHospitality
Steve Cassidy, managing director at Hilton UK & Ireland, will take over as chair this week, while current chair Steve Richards will move across to the role of president
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NewsM&B launches new flexible working app
Called M&B Flexible, the app will offer potential new team members the chance to choose their working hours, role type and venue they’d like to work in.
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NewsChopstix announces multi-unit franchise deal
The Asian QSR brand has announced a long-term franchise agreement with KK Foods SW Ltd, with the aim of developing a pipeline of stores across the southwest of England.
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NewsSnowfox Group acquired by Zensho in $621m deal
The operator of sushi brand YO! has been acquired by Japanese foodservice company Zensho Holdings, in a deal which will see Snowfox backers Mayfair Equity Partners fully exit the business.
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NewsHonest Burgers appoints Lee Nixon as ops director
Former Ole & Steen MD Nixon joins the Active Partners backed burger chain following his departure from the Danish bakery chain in April
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News200 Degrees looking to grow by five a year
The Nottingham-based coffee shop and roastery business has lined up another three openings in the current financial year, with its 20th location to open in West Bridgford at the end of July.
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NewsDolce Desserts planning UK franchise roll out
The Birmingham-based dessert cafe is now working with Brand Mark Franchising, as it looks to expand its business nationwide.
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NewsBritain forecast to avoid recession this year
KPMG no longer expects a recession in 2023, instead forecasting that GDP will increase by 0.3%, but economists have said both businesses and consumers will still be in for a tough year.
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NewsPizzaExpress claims it’s on surer financial footing
The restaurant chain has said its debt levels have significantly improved in recent years and are now half of what they were under the previous ownership.
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NewsFulham Shore takeover deal voted through
Toridoll’s £93.4m acquisition of the Franco Manca and The Real Greek operator was approved by Fulham Shore’s shareholders at a Court Meeting and General Meeting, held on Friday.