All TGI Friday’s UK articles – Page 7
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NewsElectra ends formal sales process but talks continue
TGI Fridays UK backer Electra Private Equity has ended its formal sales process but said discussions continue on possible individual portfolio or group sales.
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Opinion
Summer reading
With August fast approaching and many sectors leaders heading for their summer break, MCA caught up with a few of them to gauge their impressions of the year so far. Discussing their thoughts on successes, surprises and challenges of 2018, and their predictions for the closing months, as well as countering some misconceptions about the sector are: TGI Fridays’ Karen Forrester, Gerry Carroll of Hawthorn Leisure, Amber Taverns’ James Baer, Nick Collins of Loungers, Bistrot Pierre’s Nick White, Simon Potts of the Alchemist and Scott Collins of MEATliquor, among others.
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Analysis & InsightTwo out of three operators implement regional pricing
On average, two out of three operators surveyed in MCA’s latest Menu Tracker report vary their prices dependent on region, with JD Wetherspoon, All Bar One and O’Neill’s among the operators with the largest differentials.
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NewsSSP extends Jamie Oliver tie-up outside Europe
SSP is to open its first site outside Europe with the Jamie Oliver Group after securing units in Bahrain International Airport to open a first Jamie’s Deli and Pizzeria.
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NewsBidvest renamed Best Food Logistics
Wholesaler Bidvest Logistics has rebranded as Best Food Logistics.
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Analysis & InsightGreater use of psychological pricing expected
The use of psychological pricing is expected to increase, as market conditions remain tough and operators try to tempt customers through their doors, according to new MCA research.
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NewsValue of TGI Fridays UK drops
Electra Private Equity, the backer of TGI Fridays UK, has this morning reported it has experienced a £13m drop in the fair value of the Karen Forrester-led restaurant chain over the year to 31 March 2018.
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Analysis & InsightFilter out the ‘fake news’
Gauging customer satisfaction has never been easier – just check social media. However, getting that feedback in time to diffuse any potential problems, remains a key challenge for operators. Gary Goodman explores how Net Promoter Scores can be mined and fake news avoided online
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Analysis & Insight
Jones goes back to the coalface
TPG Capital has returned to a trusted lieutenant, and one of the most impressive operators in the UK’s hospitality sector over the last 25 years, in a bid to move Prezzo forward. But why has Karen Jones decided this was the right time and opportunity to get back to the shop floor and how long will she need to be there, asks Mark Wingett
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OpinionEvolution in the food chain
The next 12 months is going to be a key period for the Quilvest-backed, burrito and taco concept Tortilla. Mark Wingett sits down with founder Brandon Stephens and managing director Richard Morris to talk about the year ahead – just don’t mention black beans
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NewsTGI’s facing strike over tips policy
TGI Friday’s is facing the first strike over tips in the UK
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News
ResDiary software sold to AccorHotels
Global investment bank GCA Altium has advised ResDiary, a provider of online restaurant reservation software, on its sale to French-listed global hospitality group AccorHotels.
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Analysis & InsightBrand building in adversity
A number of high-profile restaurant brands are currently in the limelight for their economic woes. But how much of their difficulties can be traced back to the strength or otherwise of the brand, and what can be done to rescue it once it has been damaged? Ian Dunstall shares his thoughts
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NewsPrezzo appoints chief commercial officer
Prezzo has appointed Darrell Wade, formerly of TGI Fridays UK, as its new chief commercial officer.
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NewsWagamama & TGIs flagged up on minimum wage
Wagamama and TGI Fridays are among the latest companies named and shamed by the Government for failing to pay the legal minimum wage.
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News
Hollywood Bowl diner rollout near completion
Hollywood Bowl Group is set to complete the rollout of its Hollywood Diner menu across its estate by the end of this financial year.
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NewsTGI Fridays reviews options
Electra Partners, the private equity backers of TGI Fridays UK, has appointed advisers to review its options for the group
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Analysis & InsightThe new normal
After a tumultuous year across the eating and drinking-out sector, 2018 is likely to represent the establishment of a ‘new normal’ in terms of trading conditions. AlixPartners managing director Graeme Smith talks to James Wallin about the likely winners and losers of this new era
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News
Discounting predicted to remain at elevated levels
The level of discounting in the eating and drinking-out sector hit epic proportions last year and shows no sign of abating as we head into 2018, according to industry experts.
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Analysis & InsightTake a bow leading operators
MCA director of insight Steve Gotham, takes a look at which brands stood out in 2017 to an increasingly demanding and promiscuous consumer base