Restaurants can serve up lessons on why we should hire ex-offenders December 16, 2019 The hospitality sector is serving up more than Christmas parties this month. In the face of intense staffing challenges, employers in the industry can also serve up a lesson in how to effectively hire alternative talent. Restaurants, bars, and hotels are in the midst of the biggest skills shortage in decades — almost 80 per [...]
UK restaurants and pubs hope for festive spending surge December 9, 2019 Restaurant and pub operators are hoping for a surge in festive spending after a slump in dining-out dented restaurant and pub food sales in the run-up to Christmas, according to research analysing sales at some of the UK’s best-known chains. Restaurant groups suffered a 0.1 per cent slump in food sales in November as wet [...]
Cake Box shares soar on rising profits as retailer whips up a storm November 25, 2019 Cake Box, the specialist seller of cream cakes, has enjoyed a rise in profits of more than a quarter in the first six months of the year. Shares in the retailer jumped seven per cent this morning, as it reported rising revenue on the back of nine new store openings during the period. Read more: [...]
From Greggs to Franco Manca: Britain’s favourite restaurants revealed November 21, 2019 A breakdown of Britain’s favourite restaurants by region is indicative of the greater cultural divide within the country. Even the difference in outer and inner London is telling. Read more: On a roll: Greggs upgrades profit forecast as sales increase A YouGov poll showed Inner London’s favourite restaurant is the trendy Mexican chain Wahaca, while [...]
Oh (dough) balls: Twitter’s scared Pizza Express will fold like a calzone October 7, 2019 Pizza Express fans were thrown into panic today following reports the restaurant chain has called in financial advisers over its mounting debt pile. The firm has hired advisers from Houlihan Lokey ahead of talks with creditors, while a group of secured bondholders has tapped Perella Weinberg Partners, Bloomberg reported, citing people familiar with the matter. [...]
Franco Manca owner serves up revenue boost August 28, 2019 Franco Manca owner The Fulham Shore reported growing revenues as it continues to expand the pizza chain outside London. The restaurant chain has opened Franco Manca branches in Birmingham, Exeter, Leeds and Edinburgh in first half of the financial year as the group eyes opportunities outside of the capital. It also opened another London branch [...]
Shares in Franco Manca owner Fulham Shore rise as it serves up revenue boost July 16, 2019 Shares in The Fulham Shore, which owns pizza chain Franco Manca, jumped more than five per cent in early trading after it posted a double-digit rise in revenue for the full year. Read more: Pizza Express losses widen amid strain on casual dining sector The figures Revenue increased 17 per cent to £64m in the [...]
Shares climb higher for Franco Manca’s owner as sales heat up August 23, 2018 Shares in Franco Manca owner The Fulham Shore are trading higher this morning after the company struck a more positive note in its latest trading update. The company, which also owns The Real Greek, has previously warned of a dip in sales at some of its sites and taken action to slow down its rate [...]
Gaucho Group appoints Oliver Meakin of Maplin Electronics as CEO to replace founder Zeev Godik January 3, 2018 Restaurant group Gaucho appointed a new chief executive to replace founder Zeev Godik, who left last year amid rumours he was forced out. Oliver Meakin, currently boss of Maplin Electronics will take the reins of the Argentine steak restaurant chain at the end of the month. He is a former colleague of Gaucho’s new chairman [...]
Focus On Dulwich: Forget the new shiny skyscrapers, this London village attracts well-heeled families with good schools, period houses and bags of charm December 15, 2017 A Tube stop is usually the making of a neighbourhood in London. But in the case of Dulwich in south east London, the absence of a London Underground station may have been an advantage. Left to its own devices and hardly a tourist hotspot, some say this has allowed Dulwich to develop a character all [...]