Byron
Coverage focuses on the trading performance, ownership history, and brand repositioning of one of the UK’s most recognisable premium burger chains. Reporting includes updates on site closures, CVAs, franchise partnerships, delivery kitchen strategy, menu development, and multiple administrations under previous ownership groups. Insight is tailored for operators and investors monitoring mid-market casual dining, brand recovery efforts, and shifts in consumer appetite for premium burger formats in high street and digital channels.
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Oct- 2018 -17 OctoberAdvice
Shaping your proposition and brand with your customer at its heart
Restaurants around the UK, many of which have failed to put their customers at the heart of their proposition, are closing daily. Remaining operators now find themselves asking how they can achieve this. There are many tools that F&B businesses can implement in creating a true customer-first approach. Below are…
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10 OctoberRestaurants
Roti King to open in London’s Market Halls Victoria
Roti King has announced it is to open a second restaurant in London’s Victoria following its Euston branch. The Malay specialist will open in Victoria’s new Market Halls Victoria development alongside Koya and The Marksman. Kalpana Sugendran Sugendran, Roti King’s owner has been looking for a location for a second…
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Sep- 2018 -3 SeptemberRestaurants
GBK ‘appoints restructuring advisors’ prompting CVA suspicions
Burger chain Gourmet Burger Kitchen (GBK) has reported appointed restructuring advisors Deloitte leading to suspicions that the company could be set to enter a company voluntary arrangement (CVA). According to The Times, Deloitte is seeking rent reductions and site closures for the chain which recently reported a loss of £2.24m…
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Aug- 2018 -13 AugustAdvice
Equity funding: Getting your F&B business investor ready
Private equity firms are continuing to invest heavily in the F&B sector as consumer passion for health and wellness helps fuel the drive. With competition high among investors, there’s an increasing appetite for earlier stage F&B businesses; the sector’s shift towards outsourcing has also helped to de-risk F&B business in…
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7 AugustOpinion
Is the demise of restaurant chains a good thing for local independents?
The Gaucho restaurant group is the latest in a list of chain restaurants to appoint administrators or announce restructuring and branch closures. The news, including the closure of their 22 Cau restaurants follows on from the restructuring of Jamie’s Italian, Prezzo, Café Rouge, Byron and Strada. In my home city…
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Jul- 2018 -27 JulyRestaurants
More restaurant groups to fail before year-end, analysts predict
At least two or three more restaurant groups are expected to fall before the end of 2018, analysts from real estate agents Christie and Co have predicted. In the first half of 2018, a number of high profile operators have turned to company voluntary arrangements (CVAs) as a means to…
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Jun- 2018 -27 JuneCafes and Coffee Shops
Costa Coffee sales dip 2% in Q1
Coffee chain Costa has reported a fall in like-for-like sales at the start of the year, blaming a lack of shoppers on the high street. Although total UK sales grew by 5.2% due to new store openings, according to Costa owner Whitbread, the UK’s biggest coffee chain revealed a 2%…
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21 JunePeople
Prescott and Conran falls into administration
The restaurant group founded by Habitat owner Sir Terence Conran – Prescott and Conran – has fallen into administration. The three remaining London outlets of Prescott and Conran – Parabola in Kensington, Lutyens on Fleet Street and Albion in Clerkenwell – have shuttered putting 168 jobs at risk The restaurant…
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7 JunePubs and Bars
Mardi Gras pub in doubt as annual rent doubles
JD Wetherspoon’s Mardi Gras pub in Trafford Centre in Manchester faces an uncertain future as a rent review has shown an annual increase of almost 100%. F&B chains that took sites at inflated rents led to the increase, said Tim Martin, JD Wetherspoon’s chairman and founder. His firm had initially…
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6 JuneOpinion
Struggles in the restaurant sector
In the last three months, we have seen a real struggle from high street restaurants. Some of the biggest chains are reporting branch closures, profit losses and underwhelming performances. These include high street favourites Café Rouge, Jamie’s Italian, Byron Burger and Strada. We cannot but wonder what has brought this…
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