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Redemption Roasters closes investment round
The specialty coffee chain plans to open 17 new sites in London by 2026, with revenues forecast to exceed £25m
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Three Joes confirms site closures
The Neapolitan pizza concept said it had struggled to keep some of its venues viable amid the cost of living crisis, albeit three locations remain open and trading
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Pret announces board changes
JAB partner Konrad Meyer has been appointed chairman, succeeding Olivier Goudet, while Pret co-founder Sinclair Beecham rejoins the business
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Tortilla looks ahead to improved consumer outlook
The fast casual Mexican group reported a 14% increase in revenue at 3.6% increase in like-for-like sales in 2023, with consumer demand expected to further recover later this year
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TOCA Social ‘just scratching the surface’ of demand for competitive socialising
The immersive football and dining experience has long-term plans to open venues in every major city across the UK, president Alex Harman tells MCA
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Future growth prospects for foodservice delivery
Market growth in 2024 will be supported by inflation, continued expansion, and innovation that targets increased transaction value and additional missions, according to Lumina Intelligence
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Afrikana lines up six new openings
The African-inspired restaurant group looks towards openings in Ilford, Kingston, Holloway and Hounslow this year, with further sites lined up in Tooting and Reading
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Strong third quarter for Caffè Nero
The coffeehouse chain reported sales growth of 10.5% year-on-year in the UK, with double-digit growth in delivery sales and even stronger growth in the Coffee at Home business
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BrewDog: Attacks have worrying implications for sustainability
CEO James Watt said the company has replaced 30% of the saplings which failed in its restoration project, as he staunchly defended BrewDog’s record on sustainability
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Tipping law will benefit ‘millions’ of workers
The code of practice, which will be implemented three months later than originally planned in October 2024, will put an estimated £2m back into workers’ pockets, with the “fair and transparent” system welcomed by stakeholders