All Finance articles – Page 16
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Analysis & InsightFestive cheer or fear – how is the hospitality industry feeling about 2025?
Many hospitality businesses are trying their best not to put price increases on the customer, but for some this will be inevitable, writes Benjamin Wiles, managing director at Kroll financial advisory
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NewsUpham Group exploring funding options
The pub group is “optimitistic” it will secure the funding needed to complete on several acquisitions early in the New Year, director David Butcher tells MCA
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NewsCoffi Lab receives £1.5m funding boost
The Wales-based dog-friendly coffee shop concept has received the investment from the Development Bank of Wales to scale its store network
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NewsGail’s plans 30-40 sites in 2025
The bakery chain is targeting sales of £300m next year, as it reportedly gears up for a sale
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NewsOakman ends strategic review process
Announcing the sale of two of its high value premium pubs to McMullen’s, Oakman Group said it will now focus on investing in its existing sites and paying down debt, CEO Peter Borg-Neal tells MCA
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NewsNero Group acquires FCB Coffee
The acquisition bolsters Nero’s travel and transport business, and means it now has more than 50 locations in train and underground transport hubs in the UK
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NewsPizzaExpress gears up to refinance bonds
The restaurant group is set to to appoint investment bank PJT Partners to refinance a £335m bond, Sky News reports
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NewsBoojum founder joins Imbiba
The specialist investor has appointed three new operating partners following the close of its second investment fund at the hard-cap target of £90m.
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Analysis & Insight‘Still lots of whitespace for Loungers’
Despite continuing to expand at pace – with 17 new sites opened in the 24 weeks to 6 October – analyst Berenberg is confident it still has “significant amounts of white space in which to roll out sites”
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NewsCaviar House & Prunier closes four Heathrow sites
The upmarket restaurant, bar and retail concept has been acquired out of administration, saving a further three airport locations
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Analysis & InsightFriends reunited at Amber Taverns
Bill Priestly, whose firm Epiris has acquired Amber Taverns, previously backed a management buyout of the James Baer-led community pub company in 2010 as part of LGV, when it had just 56 pubs
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NewsAmber Taverns acquired by Epiris
CEO James Baer said the undisclosed investment would enable the community pub operator to enter its next growth phase and support its ambitious expansion plans
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NewsFarmer J looking to accelerate expansion next year
The business is looking to capitalise on the +20% like-for-like growth it has achieved so far this year, with six to eight London openings planned in 2025, founder Jonathan Recanati tells MCA
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NewsPunch acquires 14 pubs from Aprirose
This deal for the Milton 1 & 2 portfolio takes Punch’s total acquisitions in the last 12 months to more than 50 pubs
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Newsitsu: pipeline of big sites ‘reflects our confidence’
The healthy eating brand is increasingly bullish about opening prominent city centre sites, and is currently on-site in four or five, CFO Greg Thorp and CMO Neil Miller tell MCA
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NewsYoung’s sales up 26%
Outgoing chairman Stephen Goodyear, who addresses Youngs’ AGM for for the final time today, says the premium pub company’s strategy is delivering “industry leading results”
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Weekend PressHow the billionaire Issas bit off more than they could chew at Asda
Mohsin and Zuber Issa’s lofty ambitions for the supermarket chain have been stymied in a brutally competitive market. Now the pair are going their separate ways, The Sunday Times reports
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NewsCooks Coffee targets 300 stores
The 75-strong coffee shop operator behind Esquires hopes to reach the target within the next ten years, with nearly 28 planned this financial year
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NewsRed Oak acquires 19 pubs from Marston’s
The tied tenanted pub package is the third transaction between the two companies in the last 15 months
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Analysis & InsightOakNorth ‘cautiously optimistic’ about market
With inflation falling, wage increases holding up, and around 27m people seeing their national insurance contributions cut, this has put up to £450 back into consumers’ pockets, according to the sector lender