Category: Restaurants

CVAs — supporting businesses or spoiling them?

You can’t give her that!’ she screamed. ‘It’s not safe!’ IT’S A SWORD, said the Hogfather. THEY’RE NOT MEANT TO BE SAFE. ‘She’s a child!’ shouted Crumley. ‘ IT’S EDUCATIONAL. What if she cuts herself?’ THAT WILL BE AN IMPORTANT LESSON. CVAs on the rise… So says Terry Pratchett in Hogfather — and he has…

Doing a Dignity — Who’s Next?

Many public companies, in search of forever-growth, have walked said path. Recent examples include Tesco’s c£250m profit misstatement in 2014, Restaurant Group’s profit warnings in 2016, and, most recently, Dignity’s slightly undignified tumble…

Shopocalypse Now — Coming to a High Street Near You

Looking around the High Street and listening to the news gives us a new film idea: Shopocalypse Now
Starring plucky (and possibly doomed) heroes Debenhams, House of Fraser, New Look, Maplin, and Toys R Us…

Rents Poised to Fall: Who Benefits?

The Times They Are A Changin’ Landlords have profited from the boom in casual dining. Low interest rates, deep pockets, and lots of vacant A1 units have encouraged growth. Supply is reaching a tipping point, particularly in London; the market is saturated. Interest rates, input costs, wages, competition, etc. have led operators to trim their…

Operators must Prepare for another Tricky Year

It’s tough out there — the data says so. Coffer Peach shows a flat summer followed by a negative September (LfL sales -0.9%, inflation +2.7%). Surprises: London underperformance (-1.6% vs. -0.7% in the regions) and restaurants faring worse than pubs (given the wetter, colder weather).

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