Bundobust shares glimpse at new restaurant in one of Manchester’s most majestic buildings – Manchester Evening News

Bundobust has shared a glimpse at its second Manchester restaurant, with the popular Indian street food experts set to take over a space in the St James building.

‘The Cartway’ within the Grade II-listed building on Oxford Street will also be home to the very first Bundobust brewery.

The space was previously an indoor car park, but will soon house a 150-cover restaurant as well as huge brewing tanks for Bundobust’s foray into craft brewing.

In keeping with their first Manchester location, the new restaurant will be topped by a glass ceiling, as well as enhancing the engineering features left behind from the room’s original use as a road for horse-drawn carts.

amazing

Expected to open in May, Bundobust’s new site will be a ‘south of the city Indian street food palace’, serving up their signature vibrant vegetarian menu.

Since opening in Leeds in 2014, Bundobust has earned glowing reviews from both national and local critics – including the M.E.N.

It joins Ditto Coffee and Robert & Victor as the latest independent operator in the remarkable St James Building, which neighbours the Palace Theatre.

The brewery launch – including the head brewer reveal and core list of beers – will be teased over the coming months through collaborations with high-profile international breweries.

Brand

Bundobust recently opened its third site on Bold Street in Liverpool.

Marko Husak, Bundobust co-founder, said: “The Cartway is an amazing space, and it’s the most ambitious and exciting project for Bundobust so far.

“It has so many amazing original features which we’ve retained and restored to incorporate into the new design.

Read More

The latest food and drink news from the M.E.N.

“The similarities to our current Manchester site (the beautiful glazed white brick, and a skylight/atrium) make it feel like it’s a natural sibling – and there will be similar design cues – but this site will have its own unique look and vibe.

“Based on locals’ response to us in the past three years, we feel that Manchester is big enough to warrant two Bundobust sites, and Oxford Street is the perfect place, as a busy link between the student area and the city centre.

“There are plenty of amazing indies already (Gorilla, The Refuge, Leaf, Deaf Institute, Yes), as well as offices, theatres, and hotels in the area.

“We’re excited to be bringing something new to the mix which complements the existing offering, and for this venue to be the birthplace of Bundobust’s brewery.”

Andrea George, director of retail and leisure at Bruntwood, which owns the building, said: “We’re over the moon to be working with Bundobust on this transformation, which will add to the vibrancy of Oxford Road and further enrich the offering at this exciting and constantly evolving quarter of the city.

“We’ve been looking for the right operator for this fantastic space for some time. The character and original features of this building have incredible potential, which we know in Bundobust’s creative hands will be turned into an amazing concept.

“Bundobust’s innovation and imagination will ensure that the transformation is truly magnificent – theirs is a brand that is made for this extraordinary setting.”

Bundobust’s new restaurant in the St James Building on Oxford Road is due to open this May.

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Goldman Sachs is making it easier to plug its services into other tech platforms like Amazon or Apple’s iPhone, and an industry consultant says it shows how the bank is leading a `fundamental change’ in retail banking.

  • Goldman Sachs is in talks with Amazon about providing small-business loans to merchants who sell products on Amazon’s retail platform, according to a person with knowledge of them. The talks were first reported by the Financial Times on Monday. 
  • The partnership would be the second inked by Goldman with a large technology firm that can provide the scale and distribution for Goldman’s products that it can’t get itself. 
  • The partnership, and another one with Apple, is an example of banking-as-a-service, though some insiders have taken to calling it Goldman Sachs-as-a-service. 
  • “If Goldman can pull off an embedded banking deal somewhere else besides Apple Pay … that’s a leading indicator of a fundamental change in retail banking,” according to independent consultant Richard Crone.

Goldman Sachs is close to inking a second high-profile deal to offer banking services in partnership with a large tech company, and it’s a sign of what may be a fundamental change in retail banking. 

Goldman is in talks with Amazon to offer small business loans to merchants who sell products on Amazon, according to a person with knowledge of the discussion. The Financial Times first reported the talks on Monday. Goldman’s small business loans may feature the bank’s name and begin as soon as March, the newspaper said. 

A spokesman for the bank declined to comment. 

If the deal is signed, it would become the second Big Tech partnership for Goldman Sachs after it launched a credit card last year with Apple last year. Goldman CEO David Solomon has called the Apple Card the most successful credit card launch of all time, without providing details to back up the claim. 

But it would also be a sign of something much more ambitious: Goldman Sachs moving quickly and aggressively to leverage those characteristics that make it uniquely a bank, with a license that allows it to offer banking products and a balance sheet where it can fund loans cheaply being just two prominent examples. 

The company has been sinking hundreds of millions of dollars into building out its technology capabilities, including APIs (application programming interfaces), to make it as easy and seamless to plug such services into the technology platforms of others, whether that’s Apple’s mobile devices, as with the Apple Card, or Amazon’s retail platform. 

At an investor day last week, execs referred to it as banking-as-a-service, but some insiders have taken to calling it Goldman Sachs-as-a-service. 

Stephanie Cohen, Goldman’s chief strategy officer, appeared on stage last week at the bank’s investor day alongside Marco Argenti, the co-chief information officer who recently joined the bank after several years as a senior exec at Amazon Web Services.

Cohen said the bank is looking for ways to use technology to embed the types of things that Goldman can do well, such as risk management, or loan underwriting.

Cohen cited the Apple Card, which is a Goldman-designed product delivered on Apple’s devices, as one such example. 

“That last capability is the consumer version of our platform strategy,” Cohen said. “It allows us to take products and services that we build for our own clients and then give it to other clients so that they can embed financial products into their ecosystem. This strategy will drive top-line growth, and it will create scale efficiencies.”

Goldman isn’t the only large bank that’s working with Big Tech companies. In November, Google announced a partnership with Citigroup to provide checking accounts to the tech firm’s customers. 

And yet, Goldman is probably doing it better than anyone because it has developed a suite of APIs that it can take off the shelf and plug into other platforms, according to Richard Crone, an independent consultant. 

“Goldman Sachs, when they write the history books, will be noted as the one who invented or perfected embedded banking, where you embed your financial services through the user interface, or at the edge, of someone else’s network,” Crone said. “If Goldman can get this right with Amazon, I would expect them to go to Facebook next or any other online platform of substance that provides them a large distribution channel.”

Goldman is leaning on many of the lessons it learned in its partnership with Apple, known as an incredibly demanding partner, Crone said. Most notably, the ability to offer instant issuance to a set of customers that have already been pre-validated, multi-factor authenticated, Know-Your-Customer credentialed by the large tech firms. 

“They already know the customer, but they have met the regulatory requirement in advance before they hand it over,” he said. 

The product will likely look similar to what small merchants are getting from Square Cash or PayPal Working Capital. 

Goldman has bigger ambitions. At last week’s investor day, the bank presented a slide that showed a product called Marcus Pay, which talked about point-of-sale solutions for merchants based on its digital consumer bank. 

This is just another example of how embedded banking is here to stay, which can be hard for a lot of bankers to understand because they want to service customers through their own app, Crone said.

But “no financial institution can reach the scale that’s required to compete electronically” with the large platforms if they only do it through their own app, he said.  

“If Goldman can pull off an embedded banking deal somewhere else besides Apple Pay, or if Citigroup can pull off Google Cache, that’s a leading indicator of a fundamental change in retail banking.”

See also: Goldman Sachs just unveiled hundreds of slides laying out the future of the company. Here are the 10 crucial slides that show how it plans to transform into a bank for everyone.

See also: Inside Goldman Sachs’ first investor day, where avocado toast and crab apples were served with tech talk, 3-year plans, and a surprising trading mea culpa

NOW WATCH: WeWork went from a $47 billion valuation to a failed IPO. Here’s how the company makes money.

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20-year-old 400 level student declared missing in Ondo church

13 suspected arsonists remanded in prison custody

Dayo Johnson Akure

A 400 level student of Mountain Top University, Faith Aluko has again been declared missing at another church, Mountain of Fire Miracle Church in Akure, the Ondo state capital.

This is coming as the police in the state arraigned 13 persons alleged to have set ablaze Sotitobire Miracle Centre where the one-year-old boy went missing over a month ago.

Police image-maker in a statement in Akure said “13 Suspects among others still at large, who participated in the wanton destruction of lives and properties including the burning of Sotitobire Church and the  Killing of one of our officers recently, were arraigned this morning.

READ ALSO: Missing boy in Ondo church: Prophet weeps as court remands him, six others in prison

” The court consequently remanded them at the correctional centre Olokuta while the case was adjourned till 3rd January 2020.

“We will ensure that other accomplices at large are arrested and also made to bear the full weight of the law

Meanwhile, Vanguard gathered that the missing 20-year undergraduate went to the Oba ile branch of the church only to disappear hours later.

Sources said that she left their residence with the father for the church and on getting to the church excused herself to buy some things close to the church.

The church security at the gate said Faith told him she wanted to buy a sanitary pad in a retail Shop beside the church when she left the church premises.

He told the patents that Faith did not return until her parents raised alarm.

Faith’s father, Mr. Aluko who confirmed that her daughter had been missing since Sunday said that the incident had since been reported at the Oba-Ile police station.

Aluko said they both left home for church along Airport road until she went missing.

Police image maker Femi Joseph has reassured the People of the State of adequate security during this yuletide and beyond.

“We also want to State that the kidnap incident that happened a few days ago along Owo/Ikare road after a long period of peace and normalcy in that axis of the State, is being tackled head-on by our officers who have been Charged to not only rescue the victims unhurt but also arrest the perpetrators of this wicked act.

READ ALSO: Missing boy: Akure monarch absolves palace of complicity

“People coming home for Christmas and New year celebrations should not entertain any anxiety as we have increased our Manpower deployment across the State and have also directed our intelligence department to up the ante in order to ensure blissful  Christmas and New Year celebrations.

“We also promise to continue to work towards ridding the State of all vestiges of Crimes and criminality.

“We shall also ensure that criminals are not only arrested but are also brought to Justice.

“We urge all law-abiding citizens to go about celebrating peacefully and also be security conscious.

Joseph said “We also enjoin you to always alert the police should there be any suspicion of security threat in any part of the State.

The post 20-year-old 400 level student declared missing in Ondo church appeared first on Vanguard News.

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Hotel Owners Look To Bring In Local Restaurateurs To Boost Revenue

Want to get a jump-start on upcoming deals? Meet the major D.C. players at !

Hotels in D.C. have struggled to increase revenue from rooms as a surge of incoming supply adds competition to the market, and hoteliers are increasingly focusing on opening quality restaurants that appeal to locals as a way to bring in more money. 

GKA’s Sarah Vining Crisafulli, Dream Hotel Group’s Judy Chen, Chef Robert Wiedmaier and Streetsense’s Jay Coldren

“Our food and beverage in most of our properties contributes a bulk of total revenue,” Dream Hotel Group Development Director Judy Chen said Wednesday at Bisnow’s Hotel Leadership Investment & Management Summit in D.C. 

Dream’s Hollywood Hotel, for example, brings in about 75% of its revenue from its restaurants and nightlife offerings, she said. The company does not own a hotel in D.C., but Chen said Dream has been touring the city and is actively seeking to open one.

Chen has spent time visiting D.C. hotels with strong food and beverage components to find out what type of demand exists in the market. She said she was impressed with the crowded food and drink offerings at Adams Morgan’s Line Hotel, and thinks there is room for more similar concepts in the District. 

“There is clearly a demand for something of a certain caliber, and clearly the demand is under-met,” she said. “We love the [D.C.] market, and I think there is a lot of room for opportunities.” 

CSI DMC’s Amberlee Huggins, EDSA’s Ryan Clifton, Forrest Perkins’ Deborah Lloyd Forrest, Trump Hotels’ Kathleen Flores and Papadopoulos Properties’ Tom Papadopoulos

While it has come under scrutiny since its founder became president, The Trump Organization’s Trump International Hotel on Pennsylvania Avenue has also brought in significant revenues from its food and beverage offerings, Trump Hotels Executive Vice President Kathleen Flores said. 

The hotel, a redevelopment of the Old Post Office Building, features a BLT Prime by David Burke, Sushi Nakazawa, Benjamin Bar & Lounge and a Starbucks, all of which Flores said have been successful. 

“Most of what we do maximizes guests experiences and revenues from locals,” Flores said. “The lobby programming is robust, and there is something going on in the lobby every afternoon and every night.”

Flores confirmed last week’s reports that the company is exploring a sale of the hotel, but she did not discuss it in detail. 

Dream Hotel Group’s Judy Chen and Chef Robert Wiedmaier

RW Restaurant Partners Executive Chef Robert Wiedmaier said the D.C. restaurant scene has shifted in recent years to have more high-quality dining options in hotels that bring in customers that are not staying at the property. 

“Now you’re seeing a change that a lot of the good restaurants are in hotels,” Wiedmaier said. “Hotels have spent the money to bring in talent to give their guests, and the outside guests more importantly, a good dining experience.”

Wiedmaier, who has opened several restaurants in D.C.-area hotels, said attracting locals is critical to making them successful. 

“The key is to open restaurants that aren’t considered hotel restaurants and are going to drive people into the hotel,” he said. “If you have to rely on people staying in the hotel to make a restaurant successful, you’re going to lose.” 

Big-name celebrity chefs can add a level of cachet to a hotel, but Wiedmaier said he is seeing a shift toward more local operators. 

“What happens is a lot of times you bring in a celebrity chef and then see them four times; I think that’s going to die out a bit,” he said. “Local chefs from the area that are in hotels will drive more business than bringing somebody from across the water.”

Forrest Perkins’ Deborah Lloyd Forrest, Trump Hotels’ Kathleen Flores and Papadopoulos Properties’ Tom Papadopoulos

Papadopoulos Properties principal Tom Papadopoulos, a broker who has worked on restaurant deals in hotels, also sees the trend toward more local chefs.

“The celebrity chef thing may be coming to an end in some respect,” he said. “Just because somebody puts his name on the door and you don’t see him again, it doesn’t really work out. Here in town some of the hotels with the most successful F&B have well-known local guys.”

Streetsense Managing Director Jay Coldren said hotels are increasingly searching for restaurants that create buzz throughout the city that will keep them crowded. 

“The way to think about it is ‘how do I create a local base of business first, and make amenities for travel guests second,'” Coldren said. 

The retail amenities that can bring money into hotels are not just limited to bars and restaurants, Forrest Perkins founder Deborah Lloyd Forrest said. Retailers like bookstores, such as the one that opened at a Dallas hotel her company designed, can also bring people in and create activity throughout the day. She said hotels are increasingly looking for concepts that can bring in revenue outside of the rooms. 

“The rooms are not secondary, but they are less important in a way,” she said. “You have to sleep, but we want you downstairs spending money.”

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Retail ERP Turned Inventory Replenishment Laid Back

Without maintaining stock, it’s difficult to run your shop in an organized manner. It works on ABC analysis approach by classifying stock into three categories that represent the inventory worths and cost significance. Stock control refers to stock management concerned with reducing the total expense of inventory while taking full advantage of the ability to offer consumers with products without delay. Stock management ERP tracks the amounts of goods in a warehouse and can even track of goods in inventory, across numerous storage facility places. Replenishment of stock stays no more a big deal.

Without maintaining inventory, it’s impossible to run your shop in an arranged manner. How ERP Systems for retail work? Retail.
Every time the client checks out its information are. Consumer can even make an online payment, and
every type of payment. This information is utilized for purchase behavior analyses and.
It works on ABC analysis method by classifying stock into three classifications that represent the inventory worths and cost significance. Inventory control refers to stock management concerned with minimizing the total expense of inventory while taking full advantage of the ability to supply clients with items quickly. Inventory management ERP tracks the amounts of items in a storage facility and can even track of items in inventory, throughout numerous warehouse locations.

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Problems Manual Retail Faces; Solved by Retail ERP

Technology is the name of ease, and same goes for the retail software application. Even if they employ multiple employees still, they are required to keep check ongoing processes. Top retail ERP systems can remain in action 24/ 7 or whenever required. Retail ERP systems can easily comprehend the circumstance and let you relax. Finest ERP for retail will never ever let this occur; whatever will be managed on its own.

Top retail ERP systems can remain in action 24/ 7 or whenever needed. Retail ERP systems can easily understand the situation and let you relax. Finest ERP for retail will never ever let this occur; everything will be handled on its own.

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An Overview to Modern Point of Sale Systems

The point of sale systems for retailers is a vital tool to boost sales. Assists in eliminating stressful routines and relieve the discomfort of paper working every day. At the point of purchase, the retailer computes the quantity owed by the consumer and prepares a billing for the consumers. A point of sales system helps a customer make a payment to the retailer in exchange for items bought. After getting payment, the merchant can release an immediately prepared invoice for the deal or can send it electronically

Back in days to determine the amount owed by a client, the seller used different gadgets such as weighing scales, cash registers and barcode scanners. Old electronic money registers were managed through exclusive software and were restricted in function and interaction capability. These procedures were time-consuming and busy. Many of the time, records were miss computed, or double entries were made by error. Such small errors utilized to lead to enormous catastrophes.

Technology improvement has actually alleviated the way retail company treatments utilized to be. To make a payment nowadays, payment terminals, touch screens, and other hardware and software choices are offered now. Thanks to the ERP pos system, these all-new technologies can be integrated with it, but POS comes up now with numerous modules that get rid of the requirement to buy extra hardware products or numerous software.

The pos system for store
is frequently referred to as the point of service due to the fact that it likewise works as a point
of return or consumer order. POS software application includes functions for extra
performance, such as stock management, CRM, financials, warehousing,
stock counting, supplier purchasing, consumer commitment, and reporting modules. Each
of these modules are interlinked for serving practical function and optimize
their usability. Sometimes purchase buying, barcode producing, accounting,
stock moving, quotation providing, and even accounting capabilities are
consisted of.

These functions add a great deal of convenience in regular working and make a seller’s life simple. He does not need to stress over multiple elements at the exact same time while using a pos system for retail shop. Many of all, mistake possibilities remove as the system is managing every stressful stuff. All a retailer needs to do is relay on the system and develop productive ideas for its company development.

POS systems even removed the need for losing time in making cost tags. When adding the stock, it assists in connecting selling prices to the product code of an item. In this way the cashier barely requires to scan this code to process a sale. This can likewise be rapidly done through the stock window if there is a price change. Other benefits add the ability to carry out various kinds of discount rates, a loyalty plan for clients, and more efficient stock control. These features are available in practically all contemporary POS systems.

Businesses are increasingly embracing POS systems to reduce their work routines. Technology has actually confidently uplifted the way retail systems used to be. Sellers who have actually adopted POS systems are now extremely satisfied and promote its usage due to its high-end advantages in working.

A point of sales system assists a client make a payment to the merchant in exchange for products bought. The pos system for retail shop
He does not have to fret about several elements at the same time while using a pos system for retail store. Companies are significantly embracing POS systems to reduce their work routines. Innovation has actually with confidence boosted the method retail systems utilized to be.

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Miss out on Startup Battlefield? Apply to TC Top Picks at Disrupt Berlin 2019

Did you miss the deadline to apply for Startup Battlefield at Disrupt Berlin 2019? Well don’t despair, founders. There’s more than one way to place your early-stage startup in front of thousands of influential technologists, investors and global media. Apply to be considered for our TC Top Picks program and the opportunity to exhibit in Startup Alley for free.

Deadline alert: You must apply to be a TC Top Pick by 18 October at 12 p.m. (PT). It’s simple to do and it’s free. Don’t let this opportunity slip through your time-strapped fingers.

TC Top Picks is a pre-conference competition. To be considered, your early-stage startup must fall within one of the following categories: AI/Machine Learning, Biotech/Healthtech, Blockchain, Fintech, Mobility, Privacy/Security, Retail/E-commerce, Robotics/IoT/Hardware, CRM/Enterprise and Education.

Our TechCrunch editors — always on the hunt for the best early-stage startups — will vet each application and select up to five startups in each category. If you’re named a TC Top Pick, you’ll receive a free Startup Alley Exhibitor Package and a VIP experience at Disrupt Berlin.

What sort of startup catches TechCrunch’s discerning editorial eyes? Great question. Take a look at the list of TC Top Picks from Disrupt Berlin 2018.

The exclusive TC Top Pick cadre will exhibit in a prime location within Startup Alley and — thanks to plenty of pre-conference marketing — be on the receiving end of intense investor and media interest. One of the best perks is the live Showcase Stage interview. TechCrunch editors interview each Top Pick to showcase their company and product. We record the interview and promote the video across our social media platforms.

If you’re still kicking yourself for missing the Startup Battlefield deadline, here’s more good news. There’s always the possibility that you’ll compete as a Wild Card. Say what, now?

Out of all the startups exhibiting in Startup Alley, TechCrunch editors will choose one — the Wild Card — to compete in the Startup Battlefield. At Disrupt Berlin 2018, TC editors chose Legacy, and the feisty startup went on to win the Startup Battlefield and the $50,000 prize.

Disrupt Berlin 2019 takes place on 11-12 December, and TC Top Picks is your chance to place your extraordinary startup in front of the people who can move your business forward. If you want to exhibit in Startup Alley for free, do not miss this deadline. Apply to be a TC Top Pick before 18 October at 12 p.m. (PT). We’ll see you in Berlin!

Is your company interested in sponsoring or exhibiting at Disrupt Berlin 2019? Contact our sponsorship sales team by filling out this form.

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SoftBank

Fair, the vehicle subscription startup backed by SoftBank, is loading its executive team with veterans in the tech, venture and automotive industries as it seeks to build out its Uber leasing program and expand beyond North America.

Fair.com today announced three key hires to lead the development of its car subscription app, financing department and leasing program with Uber.

Jay Trinidad, a former Google and Discovery Networks executive, is now chief product officer. Trinidad will direct the company’s app development and technology efforts. Former chief accounting officer of TrueCar John Pierantoni has been hired as senior vice president of finance and risk.

Pat Wilkison, general partner of venture firm Exponential Partners — an early investor in Fair — will run the startup’s Uber program.

The three hires are critical additions for the three-year-old startup as it tries to convince consumers to try its car-as-a-service platform over buying or leasing a vehicle from a traditional dealership or other online sales upstarts. The advantage for Fair, aside from the $1.5 billion treasure chest it has amassed — is the platform itself.

The company was founded by automotive, retail and banking executives, including Scott Painter, former founder and CEO of TrueCar, on the premise that today’s consumers, including those in the gig economy, want flexibility.

Fair has tweaked the traditional lease to give consumers more options. Users can subscribe to the program and switch vehicles through the term of their “lease.”

It’s a capital-intensive business model that requires the kind of experience that Painter believes these three executives can deliver.

The hires will help drive Fair’s aggressive efforts around payment, infrastructure and financial planning as it scales its flexible car ownership model internationally and tries to make a name for itself on the global stage.

“A critical part of our transformation effort is deepening our bench of talented executives to set us up for success now and into the future,” Painter said.

The three hires come on the heels of rapid growth, a critical acquisition and huge Series B funding round of $385 million led by SoftBank, with participation from Exponential Ventures, Munich Re Venture’s ERGO Fund, G Squared and CreditEase.

“After closing $385M in our Series B, it’s time to put that capital to work for us to buy cars and propel growth—with this new executive team providing us with important insights and leadership.” Painter said in a statement. “Jay will eliminate execution risk and bring in operational and strategic expertise, Pat is an investor-turned-employee crusader, while John is a world-class financial and accounting expert around whom we can build a sound subscription business and strong auto insurance division.”

Fair acquired in January 2018 the active leasing portfolio of Xchange Leasing, a service Uber first established in 2015 to lease new and nearly new vehicles to drivers who did not come to the service with their own cars.

That acquisition laid the foundation for what has become a big piece of Fair’s business today. Some 45% of Fair’s cars are used by Uber drivers today.

Fair also has aspirations to expand beyond the U.S., Trinidad told TechCrunch in a recent interview. The company hasn’t publicly disclosed which countries it might go to first. Europe and Asia, particularly considering Trinidad’s long background in the region, would be the most likely markets for Fair.

In the next year, the company hopes to move into international markets and grow its workforce, which will likely mean moving into a bigger office, Trinidad said.

“I really think in a year’s time, at least in the markets we’re targeting such as Los Angeles and San Francisco, you’ll start to hear ‘Why not Fair a car instead of buying or leasing one?’ It will be a third option people consider.”

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