Article Abstract:
Belgo is a restaurant operator which has seen a drop in its stock price. The company acquired three restaurants in Londo, England, in summer 1998, and a further two restaurants in Sep 1998. The acquisitions should be good long-term investments, but there is concern that United Kingdom consumption is slowing. Belgo argues that its restaurants are likely to be able to perform well in a recession because they are not expensive, but this view may be optimistic, since consumers may avoid even medium-priced restaurants in times of recession.
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Article Abstract:
Celebrated is a restaurant company which was floated in 1995. The company's stock price has since fallen and its themes have tended to lack continuity, and have included family restaurants and pasta outlets. The company aims to focus on the Chili's Texas Grill and Bar restaurants, having acquired franchise rights for the United Kingdom. The managment has also been restructured and Celebrated aims to attract investors. The company has already set up two Chili restaurants.
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Article Abstract:
Groupe Chez Gerard co-founder and chairman Neville Abraham is confident about the restaurant group's future despite the economic downturn. Abraham believes it is now time 'to put our house in order', and he is determined the firm will overcome recent problems.
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