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Retail Spotlight - New food and beverage retailers

 

Posted At: 26 March 2014 17:16 PM
Related Categories: General, Retail

 

Earlier this year we reported that pub and restaurant groups had enjoyed a successful start to 2014, with total sales, including the impact of new openings, ahead 10.1% year-on-year in January, according to the Coffer Peach Business Tracker.

We’re taking a look at some food and beverage brands which are new to SnapShop and reflect a continuation of the above trend in the sector with plans for expansion…

Sports Bar and Grill
Who they are: Sports Bar & Grill are a restaurant and bar chain who show sports channels in their locations and offer English cuisine at mid-range prices.
Number of outlets: 4 – all in London
Recent news:
• ‘Sports Bar & Grill to open at new Crossrail destination
The bar chain has signed up to open at Canary Wharf Group’s new Crossrail retail and leisure destination due to open in May 2015.

Honest Burgers
Who they are: Honest Burgers are a burger restaurant inspired by great British produce, which first opened in Brixton Village in 2011. The business has grown successfully around London since then, offering food at a middle range.
Number of outlets: 6 – around London
Recent news:
• ‘Honest Burgers to open sixth outlet’ 
The restaurant is set to open its sixth site, near Oxford Street in London’s West End, in April 2014. The new opening joins the brand’s existing sites around the capital including Soho, Camden, Portobello Road and King’s Cross.

Panda Yummy 
Who they are: Panda Yummy is a noddle bar offering freshly made meals to eat in or take-away, at the lower middle/value price levels.
Number of outlets: 1 – in Crawley, West Sussex
Recent news:
• ‘Panda Yummy announces expansion plans’ 
The brand has lined up its first eight site openings of 2014 as it looks to grow to around 40 sites by the end of the year. Around two-thirds of the upcoming openings will have a sit-in restaurant, although the focus is on take-aways and deliveries, with each new location being run by individual franchisees.

Bunnychow
Who they are: Bunnychow is a South African street food vendor currently operating one outlet in Shoreditch, London, which is positioned in the middle of the market and aims to provide a unique food offering. Its name comes from the South African fast food dish Bunny Chow, which consists of a hollowed out loaf of bread filled with curry.
Number of outlets: 1 – in London
Recent news:
• ‘Bunnychow announces London expansion plans’ 
The brand is set for an aggressive rollout across London, targeting the opening of 19 permanent sites over the next five years. It made its UK debut in Shoreditch’s semi-permanent Boxpark development last year.

Foodilic
Who they are: Foodilic is a health fast-food concept launched by restaurateur Peter Ilic. The take-away driven stores offer a range of raw salads, vegetarian and vegan dishes, and sweet and savory ‘feuillete’ pastries at a mid-price range.
Number of outlets: 3 – two in Brighton and one in London’s King’s Cross
Recent news:
• ‘Foodilic announces London expansion’ 
The brand is looking to take the London grab-and-go market by storm with plans to open at least 30 new Foodilic outlets over the next five years, aiming for A1 sites in prime locations in and around the capital.

SnapShop welcomes this expansion of F&B brands, adding to the whole leisure experience associated with retail, but a word of warning to manage that expansion in an organic way and develop a robust location strategy. Whilst London is the hub for new and unique food offerings, targeting expansion to relevant towns and the customers therein will help ensure growth is manageable, achievable and profitable . 

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