All news articles – Page 11
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Burger & Beyond seeks nationwide expansion
The three-strong, London-based burger concept is seeking high-profile sites to expand its presence across major regional cities in the UK
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McDonald’s launches restaurant experience team to strengthen competitive edge
The fast food chain is restructuring its organisation with the introduction of a restaurant experience team, designed to sharpen category leadership
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City Restaurants Group to bring BonBird to UK
The group behind Afrikana, Crave, and Mowchi is to launch chicken concept BonBird in the UK, with an ambition to open 50 sites over the next five years
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New recycling rules could cost pubs £60m a year
The BBPA has warned that new Extended Producer Responsibility rules will force pubs to pay twice for the recycling of glass bottles, adding £60m in extra costs
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Hospitality confidence falls to two-year low
Confidence has dropped to its lowest level since October 2022 as the sector braces for £3.4bn in additional annual costs from April, according to CGA by NIQ
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St Austell Brewery CFO Colin Stratton to step down
The brewery has announced that chief financial officer Colin Stratton will step down from his role at the end of September after nearly three decades with the business
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Domino’s delivery channel returns to growth
The pizza chain recorded a marginal dip in group revenue to £664.5m in FY24, with like-for-like sales growth of 0.7% over the year
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Nightcap promotes Sarah Miller to COO
Miller joined the night time operator as group director of business operations in June 2024, after five years with Stonegate
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Domino’s appoints Ian Bull as chair
Bull first joined the board in 2019 and has deep knowledge of the Domino’s business, as well as experience from his executive career at Greene King among other businesses
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BrewDog appoints new CEO
James Arrow is stepping down for personal reasons, with CFO James Taylor succeeding him, effective immediately
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Ann Elliot joins Prezzo as NED
Elliot brings a wealth of experience in hospitality and casual dining, having held CMO roles at Pizza Hut and Beefeater as well as current NED roles at Gusto, Tossed, and TiPJAR
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Bill’s hails ‘remarkable turnaround’
The Richard Caring-backed all-day casual dining concept has doubled group EBITDA to £11.2m in FY24 from £5.5m in FY2022
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Deliveroo to close unprofitable Hong Kong operation
The delivery company said it would “not serve shareholders’ best interests” to continue to operate in Hong Kong, with some assets being sold to rival foodpanda
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MW Eat: US fast food chains taking over high street
Founder Ranjit Mathrani said bigger groups were better equipped to deal with increased labour costs, as the Indian restaurant group plans to reduce its workforce by 25 roles
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Diageo must tackle ‘inadequate’ production of cash cow Guinness
Cheshire Cat Pubs & Bars owner Tim Bird warned publicans could turn their backs on the stout brand if it did not invest price rises into improved capacity
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XP Factory ‘well positioned to benefit’ from industry consolidation
CEO Richard Harpham said the Escape Hunt and Boom Battle Bar operator will leverage its industry-leading product, unit economics, and scale to take advantage of growth in the experiential leisure market
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Imbiba invests £3m in Openr
The investment firm has committed £3m to the hospitality data platform, alongside majority shareholder Azzurri Group
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Cherry Equity Partners acquires Bistrot Pierre
The transaction will ensure 10 of the French-inspired restaurant group’s sites continue to trade, albeit eight restaurants will close immediately
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Wendy’s unveils next chapter of growth
The American QSR chain looks to add 1,000 net new restaurants globally by 2028, alongside longer-term plans to reach 400 in the UK
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PizzaExpress shareholders to provide £30m cash injection
Bain Capital Special Situations is preparing to inject millions of pounds to help secure a refinancing of the restaurant group’s debt, Sky News reports