All news articles – Page 105
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Incipio closes Pergola Paddington
The outdoor food and drinks venue will close on 20 January following six and a half years of trading
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Hannah Berry joins MJMK Restaurants
After six months at Azumi Restaurant Group, Berry has been appointed marketing director for the Casa do Frango operator
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London tube strike to go ahead as talks end without breakthrough
The London Underground will come to an effective standstill for most of next week
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Diageo shares hit lowest level in four years amid China trade row
Shares at the Guinness maker are now trading at their lowest level since November 2020 in the face of weakening sales and trouble with Chinese trade
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Mission Mars reports record-breaking festive period
The group is set to open 12 Rudys pizza restaurants over the next year after reporting record festive trading, with revenue up 38% to £10.0m, compared to 2022.
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Revolution Bars Group to close eight sites
Despite record festive trading, the group’s younger customers are still being disproportionately hit by the cost-of-living crisis, leading to the “difficult yet ultimately beneficial” step of closing the unprofitable sites
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Individual Restaurants launches Club IR
The Piccolino and Riva Blu operator promises “real rewards”, including exclusive access to VIP events such as parties, sporting events, tasting and culinary trips
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McDonald’s experiencing ‘meaningful business impact’ due to Middle East conflict
CEO Chris Kempczinski has said that “misinformation” about the fast food giant’s support for Israel is “disheartening and ill-founded”
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Openings of the week
MCA rounds up this week’s biggest openings stories, including Nando’s, Popeyes, Zia Lucia, Rigatoni’s and more.
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Gong cha targets 300 sites in Middle East
The bubble tea concept has signed a master franchise agreement with Shahia Foods Group as the latest step in its international expansion strategy
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Amber Taverns reports strong festive trading
The wet-led pub operator, which is targeting an estate of 185 by the end of the year, has seen like-for-like sales up 20% over the holiday season
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Kings Park Capital backs STACK
Specialist leisure investor Kings Park Capital has invested in the Boxpark-style shipping container concept to help accelerate its growth
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Whitbread sells stake in Pure
The hotel group has exited the London-based food-to-go chain after buying a 49% stake in 2016, saying Pure is no longer a core part of its strategy
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Veganuary menu innovation leans on health-led trends
Brands such as LEON, Costa, Wagamama, and Bill’s have unveiled their Veganuary menus, with many embracing health and wellness through nutritionally focused dishes, gut-friendly ingredients, and innovative meat alternatives
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Trading Post Coffee adds two
The Sussex-based family-run coffee shop chain will add new sites in Brighton and Worthing to its seven-strong estate
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Black Sheep Coffee doubles turnover
The coffee shop chain, which operates more than 70 UK stores, reported turnover of £21.3m as it looks to drive both bricks-and-mortar and ecommerce expansion
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Seoul Bird envisages five to seven London sites
Chef Judy Joo is keen to expand the Korean fried chicken concept’s London estate before taking the brand to other cities in the UK
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Simon Rimmer announces closure of Greens Didsbury
After 33 years in West Didsbury, Manchester, the TV chef revealed that an increase in rent and a rise in prices had made the business “unviable”
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Patty & Bun set for first international outpost
The Joe Grossman-founded burger brand will debut in the Middle East with the opening of a Dubai outpost in the coming months.
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Young people biggest consumers of low- and no-alcohol
Almost half of 18 to 24-year-olds are now occasionally or regularly opting for low- and no-alcohol alternatives