All news articles – Page 107
-
NewsAnglian Country Inns reports strong revenue growth
The pub operator has revealed a 25.8% uptick in revenue, driven by price increases to offset inflationary costs alongside a rise in footfall.
-
NewsNWTC sees record weeks of sales
New World Trading Company has hailed an “exceptional” period of peak Christmas trading, generating double-digit LFL sales in its first uninterrupted December since 2019
-
NewsHospitality ‘not feeling the benefit’ of inflation drop
The financial burden on pubs and restaurants remains a challenge for many, despite inflation hitting its lowest level in over two years as it falls to 3.9% in November
-
NewsStonegate completes £638m refinance
The pub company has completed the refinancing of a 1,034-strong pub portfolio, with debt provided by US private equity firm Apollo Global Management
-
NewsMCA Hospitality Awards 2024 - just a few days left to cast your vote
Ten hotly contested categories are up for voting - choose your top concepts, leaders and openings here
-
NewsWingstop UK sees 49% LFL growth in 2023
Master franchise Lemon Pepper Holdings has been able to maintain profitable growth across its estate, with plans to reach 50 sites by end of 2024
-
NewsDomino’s NED steps down
Stella David, who is also a dirctor at Barcardi and Vue International, is leaving to focus on an interim CEO role at gambling and betting company Entain
-
NewsBrewDog toasts ‘busiest ever week’ with £3.54m bar sales
CEO James Watt revealed that the craft brewer has welcomed 16.7m customers to BrewDog bars in 2023.
-
NewsKFC franchisee Soul Foods reaches 400 site mark
The family-owned business, which operates KFC, Starbucks and Taco Bell franchises, has opened eight new stores in the last quarter.
-
NewsGiggling Squid sales ahead of pre-pandemic levels
Turnover for the Thai restaurant group increased by 11.3% to £73.3m in the year to 2 April 2023 (FY23), up from £65.9m the year before.
-
NewsTortilla adapts to changing market
The company’s performance is expected to be slightly behind previous forecasts due to “subdued consumer confidence” impacting demand across the eating out market, in particular during Q4
-
NewsRedemption Roasters hits £1.2m crowdfund target
The coffee company which supports prisoners into employment will use the funds to scale its impact, expand sales channels, enhance e-commerce, and improve its operational efficiency and profit margin
-
NewsNico Simeone to launch three new venues
The founder of Six by Nico is investing £3m in the new sites in Glasgow, including new cocktail tasting experience Somehwere by Nico
-
NewsHospitality inflation remains stagnant
ONS data shows inflation continues to soften across the wider economy, however in the restaurant and hotel sector it remained at 7.5% this month
-
NewsIndustry leaders express ‘extreme disappointment’ over Scottish budget
Mainland Scotland’s hospitality businesses will get no business rates relief, whereas In England and Wales, businesses enjoy a 75% and 40% relief respectively
-
NewsFailure to designate spiking as distinct crime ‘disheartening’
Michael Kill, CEO of the Night Time Industries Association, is urging the government to reconsider its stance on the laws related to drink spiking
-
NewsIn Pictures: Rosa’s Thai White City
Designed by Quadrant, the space has been transformed into a warm, Thai-inspired restaurant conveying Rosa’s brand and story
-
NewsWells & Co adds two French sites
It marks the Bedford-based brewery’s first purchase in France since 2019 with the addition of two pubs, the House of Parliament and HMS Victory in Bordeaux
-
NewsSquare Mile set for flurry of new pubs as City footfall rises
Transport for London (TfL) figures show the Underground reached 4m journeys in a single day, with overall journeys close to pre-pandemic levels
-
NewsFinalists revealed for judged awards
The shortlists for the Diversity Leadership Programme, Sustainability and Rising Star categories at the MCA Hospitality Awards are revealed today, with judging to commence in the new year