All Prezzo articles – Page 18
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NewsOsmond 'eyes Strada bid'
Hugh Osmond, the high-profile sector investor who founded Punch Taverns and floated PizzaExpress, is lining up a bid for restaurant chain Strada, according to the Sunday Times
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NewsBrand watch: Bella Italia
M&C Report talks to Nick White, managing director of Tragus’ Bella Italia brand, at the latest Bella to receive investment at Reading’s Oracle centre.
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NewsSSP joins M&C20 in a week of modest recovery
The M&C20 Leisure Index staged something of a recovery following last week’s recent dramatic fall as it finished up six points at 1,160
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Analysis & InsightOperators use 'exit' food items to grow margins
Operators are continuing to offer very competitive price points for entry level dishes but are charging significantly more for their most expensive ‘exit’ food items, according to the Menu & Food Trends report from Allegra Foodservice
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Diary
Diary: ASK Italian, Loungers, Square Pie, BrewDog
This week’s Diary includes mystery surrounding the new pubs minister, BrewDog’s seaside jaunt, Square Pie’s success, and a royal encounter for Loungers’ Alex Reilley
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NewsM&C20 sees consecutive gains in leisure sector
The M&C20 Leisure Share Index continued to climb this week as it finished up 13 points to 1,196 with very few losses across the 22 listed companies
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News
Handmade Burger Co grows pipeline
Handmade Burger Company, the Sargeant Partnership-owned group, has secured a further two sites in Bournemouth and Glasgow
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NewsOperators trial “geo-fencing” app
A number of leading operators have begun trialling “geo-fencing” technology which enables users of a smartphone app to receive notifications automatically whenever they enter a specific radius of one of their sites
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NewsNando’s owner considers Strada bid
Capricorn Ventures, the private equity backer of Nando’s, GBK and Wahaca, has run the rule over the rump of the Strada estate
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NewsM&C20 hits six-month low
The M&C20 Leisure Index fell to its lowest point since December this week, sliding 35 points to 1,178 – just 118 points ahead of the All Share Index, which was down 7 points at 1,059
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News
Zolfo: Large number of expressions of interest in Strada
The advisor handling the sale process for Strada has said it has had a large number of highly credible expressions of interest in the business, which is valued at £40m
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Diary
Diary: Tragus, Spirit, Domino's, Stonegate
This week’s Diary includes BrewDog’s dogged expansion, Barber giving more fundraising details, Domino’s going voice-activated, and where next for the Strada estate? Single site scramble While the futures of Café Rouge and Bella Italia will become clearer on Friday, the next stage in the life span of Strada ...
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Weekend Press
Weekend press round-up, 7-8 June
Companies and results Kaye out for bigger pizza the action Catering to the taste buds of middle England is in the blood of Jonathan Kaye, who as chief executive of Prezzo is preparing for the opening in York of the Italian chain’s 200th restaurant. Diners at its eateries nationwide will ...
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NewsSuitors eye Strada rump
Suitors bidding for the 56-strong Strada brand, which was put up for sale by Tragus last week, are set to bid on the rump of the group’s estate, with up to 15 individual site sales expected to go through over the next few weeks, M&C Report understands
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Analysis & InsightStatutory code has little impact on M&C20
The Government’s statutory code announcement this week had little impact on the M&C20 index as the leisure sector edged up 3 points to 1,231
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News
New operators secure Silverburn openings
Chimichanga will open its first restaurant in Glasgow as part of the £20m leisure extension of Silverburn, the city’s flagship out-of-town shopping centre
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NewsChimichanga to make Scotland debut
Chimichanga, the Prezzo-owned Mexican brand, will open its first restaurant in Scotland next Monday (2 June)
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NewsM&C20 climbs back from leisure sector fall
The leisure sector has partially recovered following last week’s crash climbing 3.4% and gaining £58m across the portfolio of 21 companies, while the FTSE All Share Index remained relatively static
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OpinionShare and share alike
The M&C20 is one year old this month. Rob Willock takes a look at the relative performances of the leisure sector companies that constitute M&C Report’s shares index.
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NewsM&C20 falls as hedge funds take profits
The M&C20 index suffered a steep fall this week as shares in the leisure sector slid 2.9%, leading to losses of £328m among the 21 constituent companies