All news articles – Page 1006
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Wimbledon O’Neill’s freehold investment sold
A private investor has acquired the freehold interest of the O’Neill’s in Wimbledon, for £1.915m, reflecting a net initial yield of 3.49%
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Consumer spending continues to be weak
Consumer spending suffered a second successive weak month of growth in April, rising just 1.9% year-on-year as economic headwinds
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Wrapchic to make international debut
Wrapchic, the Indian burrito concept, is to make its international debut later this month, after signing a franchise deal to launch in the Middle East
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Newby to introduce conflict of interest policy
Paul Newby, the pubs code adjudicator, has defended his suitability for the role in the face of continuing opposition from pubco reform campaigners.
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C&C Group says UK remains ‘challenging market’
C&C Group has said the beer and cider markets in the UK remain “challenging” but insists it is beginning to win the battle of the brands.
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Buckle swaps TRG for Living Ventures
Jonny Buckle has stepped down as head of acquisitions at The Restaurant Group (TRG) to become acquisitions director at Living Ventures
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Bruce: Renegade will eventually outsell WBB range
David Bruce, chairman of West Berkshire Brewery, has told MCA that the group’s Renegade craft beer range is likely to eventually outsell its core range.
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Charles Wells appoints new marketing director
Charles Wells has appointed Jason Wills, formerly of Merlin Entertainments and Cineworld, as its new marketing director
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Star: Growth; operator agreements and MRO
Lawson Mounstevens, who was appointed managing director of Star Pubs & Bars at the start of this year, talks to MCA about plans to extend the group’s experiment with operator agreements, return to the acquisition trail and why MRO cannot be allowed to stall the company’s momentum.
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Contactless ‘tap and go’ card payments soar across Europe
Some three billion contactless card transactions have been made across Europe in the last 12 months
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Fourth & HospitalityGEM unite to deliver insight ‘holy grail’
Fourth and HospitalityGEM have announced a new business intelligence partnership
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Aubaine founder to launch chicken concept
Hani Nakkash, the founder of Aubaine, is to launch a new fast-casual concept in London’s Baker Street, called Chickens & Foxes
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Diageo announces changes to executive committee
Diageo has announced that after 27 years with the company Nick Blazquez, the president of its African and Asia Pacific division, is stepping down and that his role will not be replaced.
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Gaucho returns to the expansion trail
Gaucho is to return to the expansion trail in the UK after a gap of six years, after securing a site in Birmingham
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Porky’s to treble in size in three years
Porky’s, the Memphis barbecue concept, is aiming to treble its estate in the next three years as it launches a crowdfunding campaign valuing the business at £8m.
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Faucet Inn sees FY rise in sales and profits
Faucet Inn saw pre-tax profits more than double in the year to 25 July 2015, with turnover rising from £9m to £10.3m.
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Vintage Fish eyes franchise rollout
Blackheath-based fish and chips shop The Vintage Fish, is to invest £1m in a franchise rollout, with four additional sites scheduled to open by 2017.
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Robinsons launches its own buying club
Robinsons Brewery has launched its own Buying Club to help licensees save money on utility bills.
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Locke: Nightclub closures aiding expansion
Steve Locke, chief executive of Be At One, has said that the group’s expansion is being underpinned by the continued closure of nightclubs across the UK.
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ACI awarded SRA 3 stars
Anglian Country Inns has been awarded a 3 Star Food Made Good rating across its six sites by the Sustainable Restaurant Association (SRA).