Franco Manca owner The Fulham Shore in talks over restaurant expansion February 8, 2021 Franco Manca owner The Fulham Shore said it is in negotiations for many sites across the UK as it gets ready to restart its expansion plans as soon as lockdown restrictions are lifted. The firm has been able to secure discounts on new sites, with the coronavirus pandemic enabling it to acquire new restaurants at [...]
Franco Manca owner on a bargain hunt despite revenue hit December 18, 2020 Restaurant group Fulham Shore is on a bargain hunt for expansion sites despite a 44 per cent fall in revenues in the six months to September. The group, which operates more than fifty Franco Manca pizza restaurants and 19 The Real Greek outlets, saw revenues fall from £36m in 2019 to £19.9m as lockdowns took [...]
Franco Manca owner The Fulham Shore to open new sites in vote of confidence for London’s restaurant sector November 25, 2020 Franco Manca owner The Fulham Shore is opening new London restaurants in a vote of confidence in the capital’s hospitality sector despite the impact of the coronavirus pandemic. The company said today that it launched a Franco Manca restaurant in Waterloo in September that had traded well before the most recent lockdown, despite lower than [...]
Franco Manca owner Fulham Shore spots expansion opportunities in coronavirus chaos October 15, 2020 Fulham Shore, the owner of restaurant chains Franco Manca and The Real Greek, is eyeing expansion due to the low rents and empty venues caused by the coronavirus pandemic. The firm said this morning that “the future looks promising” as more sites become available and with rents “likely to be falling for the next few [...]
Which London restaurants are extending Eat Out to Help Out? September 4, 2020 Independent and chain restaurants across London are preparing to launch their own discounts following the success of the government’s Eat Out to Help Out initiative. The government scheme, which offered a 50 per cent discount up to the value of £10 per person, has been popular, with 64m half price meals enjoyed in the first [...]
More than 100m meals eaten through Eat Out to Help Out scheme September 4, 2020 More than 100m meals were eaten in August as a part of the government’s Eat Out to Help Out scheme for a total cost to the Treasury of £522m. The latest figures show there was a large uptick in take up of the scheme in the final two weeks of August, after 35m meals were [...]
Eat Out to Help Out: What happens when the restaurant discount scheme ends? August 26, 2020 Queues formed outside restaurants and reservations were booked up weeks in advance as Brits ventured out of lockdown to make the most of discounted meals this month. More than 64m meals have been claimed using the government’s offer to cover half the bill during August, with restaurants toasting a much needed pick-up in sales after [...]
The high streets paved with gold: Flat prices are skyrocketing on these London roads February 14, 2020 The Great British High Street has a lost a bit of its lustre in recent years. Handfuls of household-name retailers have hit the rocks, thanks to customers gravitating away from big chains in favour of local independents, as well as being seduced by the ease of online shopping. But while shops are floundering, the market [...]
Greggs releases vegan Steak Bake January 2, 2020 Bakery chain Greggs released its vegan Steak Bake to great fanfare today. The product was released in Newcastle last night, drawing long queues at the official launch. Read more: From Greggs to Franco Manca – Britain’s favourite restaurants revealed The new product is made from dairy-free pastry, meat alternative Quorn, onions and meat-free gravy. The [...]
Franco Manca expansion slices owner’s profits in half December 16, 2019 Franco Manca owner Fulham Shore today revealed that profits halved in the six months ending in September despite higher revenue as it continues to expand. The restaurant chain owner saw profit before tax sliced in half from £1.5m last year to just £743,000 in its latest half-year as it poured money into opening six new [...]