Dean Barber的动态

Where’s the best food hall in the UK? There are over 100 to choose from, with - according to industry expert Simon Anderson - more than 30 in development. Currently, it’s Cutlery Works in Sheffield, who have won Best Food Hall at the British Street Food Awards for the past two years. And this year the Award will be more hotly contested than ever. Applications are about to open at https://lnkd.in/e-ZKbGx8. But with a series of closures (including Sale and Stratford) - and Sessions pulling out of a planned project in Manchester - has the Food Hall bubble burst? That’s what BBC Radio 4 asked us. After all, we launched game-changing Trinity Kitchen back in 2013, drawing on the best of the new food heroes. And have now expanded our search for the best street food talent into Europe and the US. Click below. Food halls seem pretty recession proof. They are staff light and offer a low(ish) barrier to entry into the industry. Market Halls, Seven Dials and Boxpark seem to be making real money. The reasons around failures in Sale and Stratford are peculiar to each site, and don’t offer up any clear evidence of a deep-seated malaise in the food hall business. Although they do seem to suggest that the Manchester market is saturated. However, the feeling from the street food world is that - while food halls can offer great opportunities - all too often they don’t serve the trader’s best interests. Two previous British Street Food Awards grand champions - Ranie Sirah from Jah Jyot and Helios Gala from Pabellon - reckoned that the management in food halls all too often feels like a ‘landlord’ rather than a ‘partner’. Ranie and Helios felt the fate of their business was taken out of their hands. “The dwell time was 40-50% longer in a food hall” says Ranie, “meaning that people were taking up space, nursing a half for three hours. That’s a table that could be taken up with a paying customer.” Helios agreed. “Most food halls are overloaded with traders, and they expect you to open ridiculously long hours….That isn’t aligned with the realistic numbers that we, as food vendors, need to cover expenses and make a profit.” #foodhall #streetfood #awards #awardshow Sessions Trinity Kitchen Markethall BOXPARK KERB Food Market Place UK Market Halls Mercato Metropolitano Sessions Kommune Eataly

Is what’s happening to Miami's culinary scene a wake up call...?? As someone deeply entrenched in Miami's vibrant scene, witnessing Wood Tavern's closure hits close to home. Permit issues aside, this shuttering sheds light on a larger issue plaguing our neighborhood. As a broker who specializes in restaurants in South Florida, I foresee a tidal wave of closures looming on the horizon. I predict a staggering 50 to 100 restaurant closures in the next 30 to 60 days, casualties of skyrocketing rents and the breakneck pace of change. Here’s a few that have already taken the hit: -Perricone market place -Stanzione 87 -Bebitos Miami Beach -East side pizza -Union beer store -Far out pizza -26 mod pizza locations -All the Tiajuana flats stores This is the core of a recurring narrative: the relentless cycle of neighborhood cannibalization. As trendy, expensive spots and big box chains rush into Miami, existing businesses find themselves priced out of the market when leases expire. Newcomers eagerly fill the void, paying exorbitant rates dictated by supply and demand. The result? A transient landscape where once-thriving establishments falter in the wake of rising rents. But it's not just the mom-and-pop spots feeling the squeeze. Even fast-food giants are feeling the pinch as prices soar and customers rethink their spending habits. But rest assured, we're staying authentic and emphasizing the significance of standing by our locally cherished establishments. Let me know your thoughts in the comments below??

KERB is opening a new street food market in Holborn... I'm pretty excited and immediately posted in the RE team WhatsApp that we have a new lunch spot next Wednesday. The Greenwoods Legal LLP London office is based in Holborn (although I'll always say Covent Garden if you ask...I can see it from the window!) and if you want anything other than the usual for lunch at the moment you'll struggle. So, whilst great news for those wanting more than an M&S sandwich at their desk, nothing wrong with them they have their place, I've decided to list a few pros and cons that come with street food markets. PROS ?? it's a great way to trial a concept before committing to bricks and mortar - property can be pricey ?? ??As a place making strategy they are hard to beat...markets can create a buzz and draw footfall to an area. CONS ?? they can take customers away from traditional restaurants - if you've committed to bricks and mortar sites the last thing you want is a street food market taking your customers away! ?? they don't pay business rates so while local authorities may incur additional costs as a result of the market (think street cleaning etc) they don't get the rates revenue What's your view on street food markets - for or against? Let me know in the comments ?? For those of you wondering I'll probably visit "It's All Gravy" #streetfood #hospitality #restaurants #landlordandtenant #assetmanagement

Fast-growing GAIL's Bakery is to make its debut in the south west, with an opening in Bristol. The circa 125-strong company, which made its debut in the north west last year with a number of openings in and around Manchester, plans to open at 14 Regent Street, in the Clifton Village area of Bristol. Last year, Marta Pogroszewska, managing director of Gail’s, said data suggested there are 300 to 500 places that the “brand could fit”. Speaking at Lunch! 2023, Pogroszewska said the business had opened 30 sites in its last financial year to the end of March 2023, and had opened another ten since. She said: “We have a few more sites in the build stage and hope to open another 30 sites in total in this current financial year. Opening new sites has become second nature to us, and we are opening a new site on average every two weeks. We try to learn from every shop opening so we can evolve further. We get loads of emails and messages from people asking us to come and open in their towns, which is encouraging for us in terms of further expansion. "We recently did some research on white space in the UK, and the data suggests that there are 300-500 places that our business could go into. Not to say we will, but that’s the potential. There are also other models we could explore. There is a good run in the UK ahead of us and a high demand for what we do.” ?? Find out the latest hospitality news first by signing up to the Propel email newsletter for free, here: https://lnkd.in/g_vS_S7

What's going on in #FortCollins? "By the Coloradoan's count, Fort Collins lost 25 food and drink establishments in 2023 — up from 14 in 2022, 12 in 2021, 15 in 2020 and 22 in 2019. At the same time, Fort Collins has consistently added more food and drink establishments to its ranks than it has lost in the past five years." (Coloradoan) NAI Affinity President, Jake Hallauer, CCIM, shared his market expertise with the Coloradoan for this article. In summary: "Hallauer estimated that triple net expenses — which encompass property taxes, building insurance and maintenance — have increased up to threefold for some Fort Collins tenants. While some restaurant owners were able to renegotiate their leases for below-market rent at the beginning of COVID-19, many are now facing higher rent after more recent lease renewals, Hallauer also acknowledged. "Unfortunately, in the coming years, you’re going to see more restaurant failures than you’ve seen in the past few," Hallauer said, noting that the local food scene will likely continue to see a lot of turnover as restaurants close and new ones move in to backfill their space." (Coloradoan) Learn more about the regional impacts ??? #20yearsofNAIAffinity #NAIAffinity #NorthernColorado #CRE #commercialrealestate #landuse #uli #newsalert #Coloradoan

Exclusive – Fallow group raises ￡3m toward expansion, first-quarter revenue up 70%: The team behind sustainable restaurant group Fallow, which includes the eponymous restaurant in London, has secured a new ￡3m loan to aid its growth plans, and told Propel it sees “huge potential” for its chicken concept Fowl. The business, which is gearing up to open its new 350-cover restaurant Roe, in Wood Wharf, east London, has secured the funds, with a five-year term, from NatWest. It comes off the back of the Fallow group reporting a 70% increase in net revenue for the first quarter of 2024 to in excess if ￡3m across its two sites, predominantly driven by the performance of Fallow in Haymarket. Co-owner James Robson told Propel: “It's been an incredible start to the year with our chicken shop Fowl going from pop-up to permanent, Fallow continuing to defy growth expectations with breakfast now a core revenue driver while the team is all poised to open our new restaurant Roe, in Wood Wharf, at the end of the month. This fundraising will enable us to explore a number of place making landlord approaches and to continue to invest in our digital team endeavours, which now have a stabilised monthly reach of more than 30 million.” Robson said that while Fowl is still in the concept stage, it is generating circa ￡100,000 of turnover a month, which the business believes will “triple over time”. In terms of what concepts the business will look to expand, Robson told Propel: “Our current thought process is that Fallow and Roe are not scalable. However, we believe there is huge potential with Fowl once we have honed the concept further.” The company, which Robson founded with Jack Croft and Will Murray, opened its first permanent site in London’s St James’ Market, in November 2021, while Fowl opened in the capital last October. Roe will follow the same nose-to-tail and root-to-stem ethos as its sister sites. The á la carte menu will be divided into nibbles and flatbreads, skewers and grilled options, with larger plates and sides also available

TC's Mark Indelicato, managing partner of the New York office, and associate Danielle Ullo wrote a new article in Chain Store Age, shedding light on recent economic impact on commercial real estate and the restaurant industry. "The commercial real estate and restaurant industries continue to navigate a complex economic landscape shaped by rising interest rates, inflationary pressures, and evolving consumer behaviors. While challenges persist, there are promising signs of adaptation and resilience within both sectors," they wrote. Check it out here! https://bit.ly/3y4H8Kt #CRE #retail #restaurants

Want to learn more about Lancaster's amazing coffee scene? Check out my latest blog post to learn more about the Lancaster County Coffee Trail!

The recent decline of Boston Market serves as a stark reminder that restaurants must always innovate to stay ahead of the game. In today's fast-paced and ever-changing market, staying stagnant is not an option. That's where firms like UK-based Krowd come in. Krowd is at the forefront of innovation, helping restaurants maintain a competitive edge and grow the loyalty of existing customers. As a restaurant owner, what steps are you taking to stay ahead of the curve? It's crucial to attract new customers while also nurturing the loyalty of existing ones. Embracing innovation and staying on top of industry trends is key to achieving this balance. Let's continue to push the boundaries of what's possible in the restaurant industry and keep up with the ever-evolving needs of our customers. #innovation #customerloyalty #competitiveedge #privateequity

The Jacksonville DIA has got to get creative and take more action! First, BLOW UP the old convention center and create a space worthwhile for corporations to see Jacksonville as a viable city for meeting space. As someone in the corporate world, working for major organizations across the country, not ONE time in 30+ years, have we ever considered Jacksonville for a major corporate meeting or convention. If you build it, they will come. "They", being major hotels, restaurants, local businesses, etc., that will be able to support an influx of corporate meetings and people. We have an Awesome airport, that is actually more affordable to fly than some major hubs, due to several competitive airlines. It's one of the only ways to create major revenue to attract employers able to create jobs in the downtown area. This can compete with the Town Center concepts and draw people/families out periodically from local neighborhood spots. With Khan's Four Seasons development, which will provide premier meeting space, lodging and retail, it will create a corridor along the interior of the river for further development. With those first two steps complete, bye-bye jail!!! - Buy the old Regency Mall and build a state-of-the-art jail to free up premier real estate downtown, then develop the center of the corridor. A little #vision is all that is needed. Jax IS a major city, #LETSGO!!! As Dub aka Andy Allen would say #JAXTOTHEMAX