All articles by Finn Scott-Delany – Page 57
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NewsHawthorn Leisure: ‘Plenty more opportunities in pub sector’
Hawthorn Leisure CEO Mark Davies has told MCA he believes there will be plenty more opportunities for acquisitions in the pub market following the bumper M&A year of 2019.
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NewsBar Soba founder to launch Thai bar and brasserie
Bar Soba and Pizza Punks founder Brad Stevens has secured a site in Glasgow for a new South East Asian restaurant concept, MCA understands.
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NewsLondon Steakhouse Co disposes of Chelsea site
London Steakhouse Co, the Marco Pierre White co-founded restaurant group, has disposed of its Chelsea site, MCA understands.
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NewsBath joins Diageo incubator Distill Ventures
Former BrewDog and Chapel Down managing director Gareth Bath has joined the Diageo-backed incubator Distill Ventures as managing director, MCA understands.
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NewsFleurets markets Revolution sites
Fleurets has begun marketing eight current and former Revolution freehold units on behalf of landlord Aprirose.
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NewsRoasting Plant Coffee takes Strand site
Roasting Plant Coffee, the immersive coffee shop and roasting experience, has secured its second UK site on The Strand, MCA understands.
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NewsFever-Tree UK turnover down amid subdued Christmas trading
Fever-Tree, the premium mixer supplier, performed below expectations for the year ended 31 December 2019, primarily reflecting “subdued Christmas trading” in the UK.
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NewsPrices across foodservice at lowest point for seven months
Prices across the foodservice sector dropped to their lowest point for seven months in November 2019, the latest edition of the Foodservice Price Index from CGA and Prestige reveals.
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NewsPub prices up 4% amid M&A activity
Average pub prices are up 4% year on year after the busiest year of transactions in a decade, according to Christie & Co.
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NewsOakman Inns refinances debt with Cynergy Bank
Oakman Inns & Restaurants has partially refinanced its secured debt on The White Hart in Ampthill, Bedfordshire and The Royal Foresters in Ascot, Berkshire through an £11m loan from Cynergy Bank.
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NewsBoparan swaps Ed’s for Slim’s at Bluewater
Boparan Restaurant Group is opening its seventh Slim Chickens in Bluewater shopping centre in Kent next month.
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NewsGreene King: vegan dishes up 265% yoy
Greene King has reported total sales of vegan dishes were up 265% year-on-year.
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NewsRevolution in ‘healthy discussions’ with landlords over rent renegotiation
Revolution Bar Group is continuing to have “healthy discussions” with landlords as it works to improve the profitability of its property portfolio, CEO Rob Pitcher has told MCA.
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News10 Heddon St curators announce spin-off partnership
A new venture which pairs vacant restaurant venues with emerging chefs, restaurateurs and food and drink concepts is launching this month.
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NewsFreehold pub prices hit record high
The average freehold pub price has grown 32% in the last year to a record £589,262, a Fleurets’ survey reveals.
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NewsBoxpark grows profits by 22%
Boxpark has grown profits by 22% to £1.6m in the year to April 2019, MCA can reveal.
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NewsHonest Burgers secures Covent Garden site
Honest Burgers have further strengthened their London estate with a new site in Covent Garden.
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NewsCity Pub Group counts cost of ‘frustrating’ Christmas
The City Pub Group has lamented a number of “frustrating” factors which dampened its festive trading, including the December general election and industrial action on South East trains.
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NewsImbiba backs Wireless Social with £1m
Imbiba, the specialist leisure investor, has backed hospitality tech business Wireless Social with £1m of funding.
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NewsTRG appoints Chambers as leisure brands CEO
The Restaurant Group has appointed Mark Chambers to the new position of CEO of its leisure brands.