High street casual dining chains have “no future” after the coronavirus, says the entrepreneur who turned PizzaExpress into the UK’s first mid-market restaurant chain.
Hugh Osmond, who with fellow entrepreneur Luke Johnson took PizzaExpress public and expanded the chain to more than 200 sites during the 1990s, said private equity firms buying casual dining businesses at risk of bankruptcy because of the Covid-19 crisis “fail to understand the business they are acquiring”.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: eNCA - 🏆 49. / 51 Read more »
'Ellen Show' plagued by abuse claims: here's what you need to knowEllen has not been directly implicated in any wrongdoing, but former employees say she has chosen to turn a blind eye to what happens behind the scenes
Source: SundayTimesZA - 🏆 47. / 51 Read more »
Where in the world is former Spanish king Juan Carlos?Accused of accepting bribes, he helped move Spain from dictatorship to democracy and his lawyer says the former monarch is at the ‘disposal of prosecutors’
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: eNCA - 🏆 49. / 51 Read more »
JON FOSTER-PEDLEY: How to keep making decisions in the throes of a crisisHaving data at your fingertips and keeping an eye on the long term is crucial
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: mailandguardian - 🏆 2. / 92 Read more »