All Prezzo articles – Page 9
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NewsThe Real Greek heads West
The Real Greek, the Fulham Shore-owned concept, is to open its first site in the South West, after securing a unit in Bristol
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News
Chain restaurants still failing to serve healthy children’s meals
Children’s menus at some of the UK’s leading restaurant and pub chains are still dominated by super-sized calorific puddings and unlimited refills of unhealthy sugary drinks – undermining efforts to tackle the obesity crisis, according to a new report.
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NewsFY revenues up 12.7% at Prezzo
Prezzo, the TPG Capital-backed restaurant group, posted a 12.7% increase in revenue to £219.7m for the year to January 2017
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NewsPrezzo expects six to 10 openings in next year
Prezzo chief executive Jon Hendry-Pickup has told MCA that the group will be “extremely selective” with new sites for the near future.
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OpinionGet Carter
There was an oversight at MCA’s annual Restaurant Conference, which took place last month. It was an oversight that some of the leading operators quietly pointed out to me; we had forgotten to mention a growing brand that was having an impact on the performance of parts of their estates – Mitchells & Butlers’ (M&B) premium steakhouse concept, Miller & Carter
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News
Eagle Eye heralds “transformational year”
Eagle Eye saw its revenue increase by 71% to £11.1m in the 12 months to 30 June 2017
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NewsPrezzo group property director steps down
Prezzo’s group property director, Steve Holloway, is to step down from his role, MCA has learnt.
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NewsTributes paid to Aidan Keane
Leading figures across the sector have paid tribute to Aidan Keane, the founder of design agency Keane Brands, who has passed away aged 49.
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Analysis & Insight
Future of menu price inflation ain’t what it used to be…
Menu changes and associated price increases have typically come twice a year. However, as operators face ever more challenging headwinds, is more frequent menu adjustment becoming the new norm? Steve Gotham looks at what the data from MCA’s Menu Tracker can tell us.
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NewsPrezzo looks to consolidate estate
Prezzo has moved to consolidate its c300-strong estate by placing a 27-strong package of sites on the market
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News
Conviviality Direct FY sales up 6.4%
Conviviality has reported that its wholesale division – which incorporates Matthew Clark and Bibendum – saw revenues grow 6.4% to £1.04bn in the year to 30 April.
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News
Prezzo appoints new chief people officer
Prezzo, the TPG Capital-backed group, has appointed Mark Powell, formerly of Poundland, as its new chief people officer
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OpinionFrankie says: don't relax...
MCA’s director of insight Steve Gotham takes a look at Frankie & Benny’s, which, a year ago, looked in deep trouble. A review has led to an upturn in fortunes but at what cost when prices have been reduced?
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Analysis & Insight
Knives are out for Frankie’s
This week saw shares at The Restaurant Group fall 7% on the back of a note from UBS, which said Frankie & Benny’s new menu was still 22% more expensive than branded pub chains despite cutting prices.
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Interviews
Prezzo: 300 and growing
As Prezzo passes the 300-site milestone, Jon Hendry-Pickup reflects on the challenges and opportunities for the group – including exploiting all dayparts, maximising the opportunities in at-home eating and rolling out three very different brands.
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News
Prezzo starts trial with UberEats, eyes food to go growth
Prezzo, the TPG Capital-backed group, has stared a trial with UberEats in London, MCA understands.
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News
Marston’s, Patisserie Valerie and Prezzo join the ALMR
Patisserie Valerie, Prezzo and Marston’s have become the latest companies to join the ALMR
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News
Prezzo passes 300-site milestone
Prezzo, the TPG Capital backed restaurant chain, has passed the 300-site mark after a flurry of new openings this year, MCA has learnt.
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OpinionNot missing a trick
Franco Manca translates as “Franco’s missing”, but under the careful watch of industry veteran David Page, you could hardly accuse the pizza concept from passing up any chances to stay ahead of the category it has been shaking up since its launch in 2008. Mark Wingett takes a look at the winner of the Best Concept Award at this year’s Retailers’ Retailer of the Year Awards and parent company Fulham Shore.
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Analysis & InsightMarket towns not so Tasty
The sobering full-year update from Tasty, the Kaye family-backed operator of the Wildwood and Dim T brands earlier this week, was the first one that I think gave a truer reflection of where the market actually is, with the real hard yards set to kick in