All news articles – Page 101
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Unruly Pig named top gastropub
The Suffolk pub triumphed at the Estrella Damm Top 50 Gastropubs yesterday
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Marston’s reports strong Christmas trading
The pub operator saw like-for-like sales growth of 8.1% for the 16-week period to 20 January, amid an improving outlook with inflationary headwinds abating
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Anne Chow to step down as Banana Tree MD
She is stepping down after a “whirlwind 18 months” since the brand’s acquisitoin by Big Table Group, and will be replaced by Kate Wilton, formerly of Stonegate, Spirit and Whitbread
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Rockfish gears up for £3m fundraise
The South West seafood restaurant group is gearing up to resume new openings after a pause last year
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Compass Group in “advanced talks” to buy rival CH&Co
The £475m deal would see the global catering business take over its rival, which operates at landmark venues including Kew Gardens and the Royal Opera House
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IHOP and Applebee owner eyes UK debut
Dine Brands International is showcasing its dual-branded restaurant concept to potential area developers and master franchisees for the UK market
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Patty & Bun continues to look for growth opportunities
Following a CVA approved in October 2023, the burger brand’s neighbourhood sites and delivery sales continue to perform strongly, according to founder Joe Grossmann
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Arkell’s increases sales by over 20%
The pub operator and family brewer saw buoyant sales in the year to March 2023, but described the period as ”very challenging” for the pub sector.
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LNER train drivers to strike for five more days
Train drivers’ union Aslef has announced five consecutive days of strikes on LNER services in addition to wider industrial action
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Europe’s food delivery apps are beginning to serve up a profit
The companies can point to 2023 as proof that their concept works and can assume further growth in the future
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Sunak’s migration clampdown risks shortage of hospitality workers
Since Brexit made it harder for Europeans to work in the UK, British pubs and restaurants have come to rely on labour from further-flung parts of the world
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Spaghetti House to roll out new concept
The Italian restaurant group has created a modern trattoria-style spin off of the existing Spaghetti House
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Heartwood Collection increases turnover in “difficult market”
The pub and brasserie brand reported turnover of £60.3m in the year to June 2023, with considerable focus on preparing for expansion
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Deliveroo reports ‘stabilisation’ of consumer behaviour
The UK & Ireland saw year-on-year growth of 7% in gross transaction value, while growth in orders stood at 1% as consumer behaviour stabilised
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Openings of the week
MCA rounds up this week’s biggest openings stories, including Chopstix, Bubbleology, Loungers, Taco Bell, YiQi and more
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Cornish Bakery plans to ‘double or triple in size’
The 60-strong bakery brand continues to seek rapid expansion after a “game-changing” rebrand, and is hiring a new managing director to achieve these ambitions.
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North Brewing ‘seeking investment’ to stave off administration threat
The Leeds-based brewer and bar operator is working with advisors and has commenced a process to seek additional investment, after filing a notice of intent to appoint administrators
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Megan’s reports most successful Christmas to date
The all-day restaurant group reported 19.3% like-for-like sales growth and has lined up four openings for this year, remaining on track to deliver £30m in revenue
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Ian McHoul steps down from Young’s
McHoul will step down as non-executive director when his second three-year term expires on 23 January, with Aisling Meany taking over as chair of the audit committee
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'Endless' business cost increases risk inflationary spike
With hospitality among the highest contributor to the growth in inflation rate in December, continued business cost rises could reverse a downward inflationary trend in recent months