All news articles – Page 1140
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News
TRG to generate best organic growth in the sector
The Restaurant Group (TRG) will generate the best organic growth in the quoted pub and restaurant sector over the next five years
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H1 PBT up 36% at Tasty
Tasty, the operator of the Wildwood and Dim T brands, has reported a 36% increase in pre-tax profit to £1.33m in 26 weeks ended 28 June 2015
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Schofield to take reins at Ed’s Easy Diner
Ivan Schofield, who has been managing director of KFC Western Europe since 2011, is to become the new chief executive of Ed’s Easy Diner
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All work and no play for 80% of licensees
Publicans are increasingly worried about the pressures of the job, with almost 80% reporting that they are ‘concerned’ at the shortage of free time they have
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City Pub Co turnover up 42%
City Pub Co has increased its turnover by 42% to £9m, up from £6.35m in 2014, for the six months to 30 June 2015 as it presses on with its growing London and regional estate
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Punch agrees sale of Matthew Clark stake to Conviviality
Punch Taverns has agreed to sell its 50% shareholding in drinks supplier Matthew Clark to Conviviality Brands, the Bargain Booze operator, for £100.7m
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LHG eyes managed pub estate
The Lifestyle Hospitality Group (LHG), which operates multiple restaurant brands under franchise, is planning to build a managed pub estate following the launch of its first pub
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Significant growth for LHG brands
Lifestyle Hospitality Group (LHG) is planning to open 10 – 12 UK venues this year focusing on Tiger Bills and Burgerfest - its newest brand, M&C learnt
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Turtle Bay confirmed for Brixton
Turtle Bay, the fast-growing, Piper-backed brand, will open in Brixton next month
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Loungers creates head of food role
Loungers, the Piper Private Equity-backed café/bar group, has created a new food position as it continues to grow both the Loungers and Cosy Club brands
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Viet Eat founder to launch two Vietnamese concepts
The team behind Holborn’s Viet Eat restaurant are to launch two new Vietnamese street food concepts in the next two years
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Charles Wells seeks sites for pizza concept
Charles Wells, the Bedford-based brewer and pub operator, is looking for individual and group acquisitions to grow its Pizza, Pots and Pints concept
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Boston Tea Party to double up in Bath
Boston Tea Party, the coffee shop group founded in Bristol, is set to open its second site in Bath
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Apostrophe adds third managed site
Apostrophe, the managed pubs division of Charles Wells, has added a third site – the final Lazy Cow site from Ross Sanders’ restaurant group
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Batemans adds second managed house
Lincolnshire-based family brewer Batemans has acquired the Olive Bar & Grill in Barnby Dun, Doncaster, following investment in excess of £900k
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Sally White Food Lover to double up
Sally White Food Lover is to open its second outlet, having signed to take a 330sq ft unit just off London’s Regent Street
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Household expenditure further increases in August
UK households reported a further increase in expenditure in August
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Zomato to create subscription based apps for restaurants
Zomato has launched a Whitelabel platform to help restaurants create their own mobile apps
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Top line-up revealed for this month’s MA300 event in Newcastle
The latest MA300 event takes place on 24 September in Newcastle and features a raft of top speakers designed to provide inspiration for multi-site pub operators
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Costa total worldwide sales up 16.7%
Costa outperformed other Whitbread brands, with total worldwide sales up 16.7% for the period and UK like for like sales up by 4.6% for the 24 weeks to 13 August