Food to Go News – Page 40
-
News
Kings Park takes stake in Fuel Juice Bars
Kings Park Capital, the private equity group that backs Abokado, the chain of healthy food bars, has acquired a majority stake in the Fuel Juice Bars business for an undisclosed sum, M&C Report has learnt.Founded in Reading in 2005 by chief executive Jamie Weston, the group has since expanded its ...
-
News
Wahaca secures two new sites
Wahaca, the Mexican street food restaurant concept owned by Thomasina Miers and Mark Selby, has secured two new sites in London, M&C Report has learnt.The eight-strong group, which saw turnover reach £14.5m in the year to 24 June up from £10.2m, is understood to have secured a site in Upper ...
-
News
Orieux returns as Paul UK CEO
Jean-Michel Orieux, the former managing director of Ping Pong, the dim sum chain, has returned to Paul UK, the 32-strong French café bakery chain, as its new chief executive.Orieux started the roll out of Paul in the UK nine years ago as managing director, before leaving in 2007 to oversee ...
-
News
DP Poland ‘all about the delivery’
A leading analyst has said that the recent £10.5m fundraising by Domino’s Pizza Poland (DPP) should be sufficient to see the group through to profitability, and now it is all about the delivery.Nick Batram at Peel Hunt said that DPP presents investors with a unique opportunity to gain exposure to ...
-
News
Jack optimistic for January trading updates
Leading sector analyst Douglas Jack says he believes forthcoming updates from nine from pub and restaurant operators should be in line or slightly ahead of expectations.It follows figures from the Coffer Peach Tracker that show a 3.4% rise in like-for-like sales in November, said Jack, of Numis Securities. “Strong Christmas ...
-
News
NY fast food employees in pay protest
Employees at a significant number of quick-service restaurants around New York City staged a protest yesterday, calling for higher wages and the ability to unionise.Organizers of the one-day strike — called “Fast Food Forward,” claimed that hundreds of quick-service employees had joined the protest, setting up pickets in front of ...