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[Food] Pizza Express on the brink?



Palacefinder General

Well-known member
Apr 5, 2019
2,594
My kids like it for a treat but really overpriced. I can make pizza at home now I have a pizza steel for about a quid, just as good

100%, if I can’t be arsed making the dough, Sainsbury’s pizza base mix (65p) is the business, 30p can of chopped tomatoes, mozzarella and whatever else you like.
 






Pavilionaire

Well-known member
Jul 7, 2003
31,277
I'm going to buck the trend and say the last meal I had at Pizza Express (Gloucester Road, Kensington) was very nice and the service was good.

That said, who'd be a restaurant owner now? If the likes of Jamie Oliver and Gordon Ramsey can't make it work it what hope has anybody else got?

I echo the comments about better choice of products from supermarkets and Deliveroo bringing food to your door is a big factor but - let's face it - most people in restaurant are on their phones and when you get to that point the writing's on the wall.
 


brakespear

Doctor Worm
Feb 24, 2009
12,326
Sleeping on the roof
100%, if I can’t be arsed making the dough, Sainsbury’s pizza base mix (65p) is the business, 30p can of chopped tomatoes, mozzarella and whatever else you like.

Sainsburys do (or at least did last time I bought it) pre-rolled pizza dough for pretty cheap as well.

edit: I also have to admit that I quite like the food at Pizza Express :thumbsup:
 


Boys 9d

Well-known member
Jan 3, 2012
1,855
Lancing
If this is the case, I fear for my favourite Jazz Club.
 




Knocky's Nose

Mon nez est retiré.
May 7, 2017
4,190
Eastbourne
I was a regular at the Eastbourne store for almost 20 years. We used to go there as a family when the kids were growing up pretty much once a week..

I'm loathe to admit it, but it was that little bit more expensive than Deep Pan Pizza / Pizza Hut etc. so your snotty nosed screaming kids and shell-suit wearing mouth-breather parents shouting and swearing at each other wasn't a thing. It was civilised, clean, tidy - and the food was good.

Then came the 2 for 1 offers, Tastecards and so on. It then becomes reasonably cheap - and in flood the herberts who want to maximise their value and order tap water with their food, don't have a coffee - and so on.

To counter this, Pizza Express then ramp up the price of their food to ludicrous amounts which scares off anyone who doesn't have the 2 for 1 cards. Then starts the downward spiral.
 


BLOCK F

Well-known member
Feb 26, 2009
6,723
Same old, same old.
Too many mediocre restaurant chains churning out mediocre food and having to rely on 'voucher discount' business to get the punters in and hence reducing profit margin.
Vastly over expanded and often paying ludicrous rents.
Add in dodgy 'financial engineering', short termism, lack of investment and you are looking at an eventual shite storm.
 


blue-shifted

Banned
Feb 20, 2004
7,645
a galaxy far far away
It is crazy when you look at it per outlet. Maximising debt into the business reduces taxable profits. Effectively the owners make their money through financing rather than successful business and dividends. That's never going to be sustainable in the long term.

Remember being taken to one of the original central London ones as a kid in the early 80s as a treat.

I suppose a discussion of total redesign of how businesses pay tax should be for a different thread
 




Pavilionaire

Well-known member
Jul 7, 2003
31,277
I suppose a discussion of total redesign of how businesses pay tax should be for a different thread

I'm with you on the tax thing, and red tape in general.

Why open a High Street restaurant when you have to contend with business rates, health and safety rules, recruiting then rostering a flexible workforce, dealing with taxation of tips, Deliveroo, supermarkets, more pubs offering decent food, pop-up food kiosks, increasing price of food, weak pound and increasingly high expectations from punters?

Those in prime locations will be fine but your average Joe high street restaurant faces extinction.
 


Lower West Stander

Well-known member
Mar 25, 2012
4,753
Back in Sussex
Nailed on CVA at best. Combo of obsolete business model (all about home delivery and street food now), too much debt after going private and onerous leases. Its bust in its current form in all but name.

Unsecured bonds trading in the mid 20s which tells you all you need to know.
 






Barham's tash

Well-known member
Jun 8, 2013
3,730
Rayners Lane
I'm going to buck the trend and say the last meal I had at Pizza Express (Gloucester Road, Kensington) was very nice and the service was good.

That said, who'd be a restaurant owner now? If the likes of Jamie Oliver and Gordon Ramsey can't make it work it what hope has anybody else got?

I echo the comments about better choice of products from supermarkets and Deliveroo bringing food to your door is a big factor but - let's face it - most people in restaurant are on their phones and when you get to that point the writing's on the wall.

The trend towards Deliveroo/Uber/JustEat etc really really worries me. Last Friday we wanted fish and chips from our preferred outlet but you have to order in advance such is the popularity and in the aim of convenience and not being able to physically get on a phone to order I looked to see if they accepted online orders. They did but only if you also had it delivered by Deliveroo. Large cod - £7.00 in the shop - £8.95 on Deliveroo, Chips £2.20 in the shop - £3.70 on Deliveroo, plus delivery fee of £3.50 AND a service fee of 50p.

Why do people have money to throw away like this AND not go out and socialise with one another/other people, or for a couple of drinks before etc? We as a race are marching towards being wholly representative of the 'humans' in Wall-E. It's frightening.

Then of course the younger among us will moan that we can't afford to buy a house or saving up for a deposit is impossible yet happily never cook at home and overspend by roughly £10 a meal for two people three or four times a week out of convenience. We're literally ****ed.
 


Fungus

Well-known member
NSC Patron
May 21, 2004
7,160
Truro
Doing my best to support my local Italian, Piero's, rather than a chain.
 


Springal

Well-known member
Feb 12, 2005
24,785
GOSBTS
Shame for those with Gluten intolerances - Pizza Express catered very well for Coeliacs
 






Pickles

Well-known member
May 5, 2014
1,320
Not really surprised, dreadful service in there.

I ordered a thin & crusty supreme there once, and they brought me Diana Ross.
 








mikeyjh

Well-known member
Dec 17, 2008
4,607
Llanymawddwy
I'm going to buck the trend and say the last meal I had at Pizza Express (Gloucester Road, Kensington) was very nice and the service was good.

100% - It's uber trendy to knock a chain but there are many many worse pizzas out there in independents and chains, I like a Pizza Express and will miss them if they go...
 


clapham_gull

Legacy Fan
Aug 20, 2003
25,878
I have one near me, been once.

The reality is that there are loads of smaller independent ones which are much much better.

Pizza is so simple, you've really got to be offering something amazing to get people into a high rent large restaurant.

To be honest (excluding the utter trash ones), once a pizza is put on a cardboard box to steam on the back of a bike there isn't much to differentiate them.
 


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