M&B expects one million people to dine out on Christmas day
Pub group Mitchells & Butlers expects over one million people will dine out on Christmas day in 2014. The company, which operates brands including Harvester, Toby Carvery and Sizzling Pubs, has seen bookings increase by 20% across their estate compared to last year.
Allegra’s latest research shows that a Christmas day offer is widespread at pubs, with 76% of pub operators participating. Pub restaurants are ideally suited to offer Christmas day menus as consumers continue to look for a traditional Christmas offer.
Leon reports 22% like-for-like sales growth
Healthy fast food concept, Leon, reports lfls up 22% in 2014. The company made a £2m profit over 2014 and expects to make up to £4m in 2015. Chief executive John Vincent told M&C Report that improved food, menu clarity and service are key drivers in the sales increase.
Leon plans to open 12 sites in 2015, including restaurants in Birmingham and Euston. The newest outlet opened yesterday at Stansted Airport. Allegra expects new, healthier fast food to be a key growth segment over the next few years, and with its improved food offer Leon is well-placed to be a key player in the market.
Jamie’s Italian secures flagship site
According to M&C Report, Jamie’s Italian has secured a new flagship store near London Bridge. The restaurant is in the More London development and will open next year. There are currently 35 Jamie’s Italian sites around the UK.
Jamie Oliver plans to open just nine more UK restaurants under the Italian format. Expansion focus will shift on to an international roll-out of the Trattoria brand. Jamie’s Italian Trattoria operates smaller restaurants with a stripped down interior and authentic Italian dishes. There are currently two Trattoria restaurants in Richmond and Chelmsford, with a third planned in Tunbridge Wells. The Trattoria format emphasises all-day dining and can operate from smaller sites, which are easier to secure
Bahn Mi Bay open third site
Vietnamese café and restaurant brand, Banh Mi Bay, has opened a new site in London’s St Paul’s. The brand now operates three sites in Holborn, Fitrovia and St Paul’s. In the evenings the St Paul’s site operates as a full-service, licensed restaurant, serving Vietnamese dishes including pho noodle soups and lemongrass chicken curry. At lunchtime the menu focuses on noodles and sandwiches.
The brand trialled serving lunch dishes in disposable boxes to speed up the lunchtime service and enhance the appeal to local workers. Following a positive response in St Paul’s, Banh Mi Bay has announced plans to roll out the concept further. Allegra expects South East Asian cuisine to become increasingly popular over the next three to five years, and Banh Mi Bay is well-positioned to benefit from this.
New pricing analysis available
A new analysis piece on RBP operator menu prices between Ocotber 2013 and October 2014 is now available to subscribers in the Reports & Analysis section