All news articles – Page 103
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Noble Hospitality unveils expansion roadmap
The group behind Angus Steakhouse, Chotto Matte, Steak and Company, and Alley Cats Pizza has appointed Paul Sarlas as CEO
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Laine Pub Company delivers ‘credible’ performance
Despite the impact of challenging trading conditions, the 56-strong pub operator reported a rise in revenue to £52.7m in the year to August 2023
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Cooks Coffee reports robust sales growth
The Esquires operator saw UK store sales grow 18.6% to £17.5m in 2023 (2022: £14.7m)
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Richard Ferrier promoted to CEO at Heartwood Collection
Heartwood Collection, which is backed by Alchemy Partners, is up for Best Pub/Bar Company at the MCA Hospitality Awards coming up in March
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Prezzo plans takeaway pasta brand
The Cain International-backed chain wants to launch a new premium food to go brand in travel hubs, The Telegraph reports
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Gentleman Baristas enters administration
The speciality coffee business, which opened a new roastery in Stratford last year, has appointed Parker Getty as administrator
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Issa brothers introduce four-day week at Asda
The billionaire owners are seeking to stamp out a revolt among disgruntled store managers, The Telegraph reports
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Thousands of restaurants and pubs closing across UK blame soaring bills
The Independent reports on the pressures facing hospitlaity businesses, with energy bills, the cost of living crisis, as well as after-effects of Covid and Brexit
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‘Restaurateurs use tips as an excuse for poor pay’
The Sunday Times publishes letters to the editor amid reports of soaring services charges
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Home Office visa plans could be ‘nail in the coffin’ for hospitality
Many in the sector feel that new government policies to cut migration prioritise political calculation over economic realism, The Guardian reports
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Marlowe’s Burger makes MD appointment
The five-strong burger takeaway chain has appointed Carl Traill, formerly of Miss Millie’s, Burger King UK, and Punch Taverns, as MD
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Boxpark reports its best ever December
The group reported an 108% increase in corporate bookings, while like-for-like sales were ahead 22% and beat revenue from football screenings in December 2022
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TDR Capital takes control of Popeyes
The investor, which also backs Stonegate Group and EG Group, has increased its shareholding of Popeyes UK, taking over from Ring International Holdings, which is now a minority investor
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David Read joins Workshop Coffee as chairman
The supply chain expert, best known as founder and chairman of Prestige Purchasing, joins as the premium coffee company continues to scale in 2024
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D&D London: Diverse portfolio shows ‘remarkable resilience’
Compared to the 2022 festive season, the group experienced “healthy growth” in overall revenue and EBITDA, both of which exceeded the prior year and budget
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Pret warehouse suppliers accept 6.6% pay rise
The GMB union have reached an agreement on a pay raise for warehouse and delivery staff employed by Best Foods under its Pret A Manger contract.
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Openings of the week
MCA rounds up this week’s biggest openings stories, including Franco Manca, J D Wetherspoon, Shake Shack, The Breakfast Club and more
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Innovation drives success for The Alchemist
The bar operator reported £59.4m in revenue as it continues to focus on new openings in the UK and overseas, while expanding further in the retail space
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Arc Inspirations toasts record December
The premium bar operator reported like-for-like sales in December 2023 were up 19.9% compared to 2022, as it prepares to debut in Edinburgh while eyeing launches in London, Cardiff, and Liverpool this year
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Whitbread F&B sales up 6%
Total F&B sales stood at £582.9m in the year to date for the Beefeater operator, with like-for-likes up 6% as the category continues to “perform well”