Casual dining proposition looks like a winner
Thursday 04 Jul 2019 Author: Martin Gamble
In our view there are two key things which stand-out about newly-listed casual dining outfit Loungers ( LGRS:AIM ) which make it an interesting investment proposition. First, because each Lounge is a hybrid format, it doesn’t compete directly with restaurants, coffee shops and bars in a local area, so it has no direct competitor. This means that Loungers is uniquely positioned to benefit from ever changing consumer trends. For...