All Loungers articles – Page 22
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NewsLa Tasca secures new funding
La Tasca is understood to have completed a restructure that will see its existing backers invest additional funds to aid further investment in its current c50-strong estate and back an accelerated acquisition programme
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News
Operators sign up to Loughborough leisure scheme
Up to seven restaurants and a Cineworld cinema are expected to operate on a new leisure complex in Loughborough
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NewsLoungers eyes Cosy Club roll out as H1 lfls grow 6%
Loungers, the Piper-backed cafe bar operator, is looking to expand its Cosy Club concept into Manchester, Bristol and Southampton as it reports a 6% rise in like-for-like sales in the 26 weeks to the end of October
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News
Increasing spend on wine reflects growing confidence
Wine spend in restaurants – long seen as a barometer for the premium hospitality sector and key indicator of wider consumer confidence – has stepped up a level in recent months across the UK.
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NewsOperators highlighted in "inspire" list
A number of pub and restaurant groups have been included in a list of 1,000 companies that inspire Britain
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News
Realpubs founders launch new company
Nick Pring and Malcolm Heap, the founders of Realpubs which was acquired by Greene King two year for £53.1m, have named their new company Urban Pubs and Bars and said they hoped to grow an estate of up to 20 sites across London’s “urban villages” over the next four years
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NewsLoungers and JDW sign up for Solihull
Operators including Loungers and JD Wetherspoon have signed up to open at the new Parkgate mixed-use scheme near Solihull
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NewsLoungers reaches 40
Loungers the Piper-backed cafe bar operator, will open its 40th site on 20 November near Liverpool
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NewsLoungers named operator of the year
Loungers was named operator of the year at the R200 Awards last night at Merchants Tavern in London’s Shoreditch, hosted by M&C Report’s sister title Restaurant magazine. Oakman Inns, the Peter Borg-Neal-led company was named pub company of the year
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Analysis & InsightBreak out for Byron
Earlier this month, the Gondola Group’s chief executive Harvey Smyth said that the last 12 months had been a break-out year for the company’s burger brand, Byron. On Friday, those words took on new meaning. A process that had stalled back in June was jump started by an off-market approach by Hutton Collins. But what changed in the last three or so months and what next for both Byron and Gondola?
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NewsLoungers builds pipeline
Loungers the Piper-backed cafe bar operator, is likely to reach 90 sites by 2017, ahead of an earlier target of 70 by that date, as it reveals details of the next handful of acquisitions, including further sites in Brighton
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News
Leisure part of Plymouth-based scheme marketed
The long leasehold interest of a pair of buildings that house the eating and drinking-out part of Plymouth’s Royal William Yard scheme has been placed on the market, with offers of £8m sought, M&C Report has learnt
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NewsLe Bistrot Pierre secures expansion fund
Le Bistrot Pierre, the highly-rated French restaurant chain, has secured a new multi-million pound financing deal that will see the 10-strong group double the number of its outlets over the next four years
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NewsTurtle Bay secures sixth site
Turtle Bay, the five-strong Caribbean restaurant chain led by Aj Jaya-Wickrema, has secured its sixth site in Leamington Spa for an opening next year
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Analysis & InsightFinding life outside the capital
Innovation in the eating out market is just as notable in the regions as it is in London, argues Peter Kemp-Welch, partner at Piper Private Equity, the backers of Loungers, Turtle Bay and Be At One
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Diary
Diary: Loungers, Bill Grimsey, Inventive, Luminar
This week’s Diary includes impressive figures from Loungers, high street recommendations, new concepts in Reading and a German lesson
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NewsLoungers reports 7.9% rise in sales
Loungers, the Piper-backed group led by Alex Reilley, has reported a 7.9% increase in like-for-like sales for the first four months of its new financial year (1 May – 31 August), with total net sales for the same period up 62.5% to £10.15m
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Diary
Diary: Five Guys, Shake Shack, Be At One, Shepherd Neame
This week’s Diary includes a Hollywood star looking at a ping pong rollout, six-figure trading from Five Guys, Shake Shack eyeing options, and intriguing odours at the Great British Beer Festival.Bringing home the BaconIt is fair to say that the popularity of table tennis has taken off over the last ...
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Weekend Press
Weekend press round-up, 27-28 July
Weekend press round-up, 27-28 JulyPubs and barsM&B has found its balance againIt is now almost two years since billionaire Joe Lewis moored his mega-yacht by Tower Bridge and declared he’d like to swallow pub company Mitchells & Butlers in its entirety. Lewis owned 25%, so this was serious. The proposed ...
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NewsLoungers on track to exceed roll out target
Loungers has reiterated that it is on track to exceed its growth target of operating 70 sites by April 2017