All Operators articles – Page 6
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News
Restaurant Group CVA is ‘reshaping the face of casual dining’
The Restaurant Group’s announcement yesterday that it is proposing a CVA for it’s long-troubled leisure division was a major, if not entirely unsurprising development, in a coronavirus-dominated news cycle. Under the proposals, the company voluntary arrangement will allow for a restructure of the estate, which will see it exit 125 ...
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Interviews
Loungers chair Alex Reilley: Government not treating us like grown-ups
Loungers chairman Alex Reilley has excoriated the government’s communication over the lifting of lockdown as “maddening” and “irresponsible”.
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News
UKH calls on Government for fiscal rent support
UK Hospitality has called on Government to provide fiscal support to the hospitality sector in order to overcome the ongoing rent stalemate.
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Opinion
Peter Martin: Making hospitality part of the solution
The weekend’s press brought more tantalising headlines for the hospitality sector. Government fears of a ‘jobs bloodbath’ if the sector failed to reopen in time for the summer would accelerate an easing of the lockdown for pubs and restaurants, the Sunday Times front page splash optimistically predicted.
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News
Restaurant Group in talks over leisure restructure
The Restaurant Group has confirmed it is in discussions with landlords regarding “potential restructuring options” of its leisure estate.
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News
Wagamama eyes full estate open in ‘six or nine months’
Wagamama CEO Emma Woods said the restaurant chain is preparing for a “new normal” in customer habits as it revealed its first ever collection service for customers.
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News
Mcdonald’s expands home delivery
Mcdonald’s is offering home delivery at a further 500 restaurants this week.
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News
Revolution raises £15m in share placing
Revolution Bars Group has raised £15m its share placing launched earlier today.
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Analysis & Insight
One in two operators to have 80% of sites open by September
Almost half of hospitality operators expect to have more than 80% of their estate open by September this year, the latest insight from CGA has revealed.
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News
SSP raises £11m in share placing
SSP Group has raised gross proceeds of approximately £11m through a share placing.
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Interviews
Inn Collection Group MD Sean Donkin: Domestic travel will be 'very strong'
The coronavirus pandemic could have an upside for regional UK businesses as Britons opt for staycations, Inn Collection Group MD Sean Donkin has told MCA.
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News
JKS Restaurants CEO Jyotin Sethi: 1m vs 2m difference is ‘huge’
JKS Restaurants CEO Jyotin Sethi has added his voice to calls for the government to adopt one metre distancing, as per WHO guidance, opposed to the current two metre advice.
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Interviews
Pret CEO Pano Christou: We expect a permanent delivery boost
Pret a Manger expects to see a permanent boost in delivery volumes, with the lockdown accelerating its technology development by three or four years, CEO Pano Christou has told MCA’s The Conversation.
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News
Government to publish code of conduct on rent
The Government is working with businesses and trade bodies to produce a code of conduct on commercial rent payments.
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Interviews
JKS CEO Jyotin Sethi: ‘There’s a whole new dynamic being established’
The flagship names in the JKS collection, Gymkhana, Trishna and Brigadiers, are not the type of premium restaurants one would expect to readily translate into delivery.
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News
Insolvency bill presented to Parliament
The Government has introduced new insolvency legislation to help struggling businesses survive through the coronavirus crisis.
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News
Whitbread launches £980 million rights issue raise
Whitbread has proposed that it intends to raise £980 million - approximately £1,009 million in gross proceeds - by way of a rights issue.
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News
JKS says delivery is ‘crucial’ as it re-opens estate
JKS Restaurants CEO Jyotin Sethi says that delivery should be a core part of most restaurant’s strategy post lockdown as the sector looks to soften the blow of social distancing measures and a possible lack of demand.
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News
Brighton Pier Group sets out cash conservation measures
The Brighton Pier Group has announced the implementation of a number of measures to conserve and raise cash through the coronavirus closure period.