All news articles – Page 116
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NewsPizzaExpress to launch new concept
The first ‘PizzaExpress Pod’ will open at the Tesco Extra store in Bursledon, Southampton, MCA understands
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NewsCineworld considers closing a quarter of estate
The cinema operator is set to close as many as 25 sites and negotiate rent reductions at another 50, as it draws up plans for a restructuring deal
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NewsSlug & Lettuce increases profitability after loss in 2023
The Stonegate-owned bar brand revealed a pre-tax loss of £3.1m, but has since delivered a rise in revenue as it looks to build momentum during a summer of sport
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NewsPizza Union continues search for central London sites
The business reported improved sales trends and a return to profit in 2023, and is currently negotiating on a few new pizza bars
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NewsBenugo achieves highest ever turnover
The operator of café delis and restaurants reported £123.5m in turnover for 2023, the highest in its 25-year history
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NewsKen Lever joins Marston’s as non-exec
Lever was previously non-executive chair of Biffa and RPS Group, and succeeds William Rucker as independent non-executive at the pub company
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NewsIn Pictures: Hijingo unveils next-generation AI show
Drawing from dystopian Tokyo Nights themes, the bingo-inspired concept’s new offering features enhanced visuals, advanced special effects,and a refreshed F&B offer to elevate the customer experience
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NewsDez Amore opens first standalone restaurant
The Italian street food concept which has operated across several market-led destinations such as Camden, Mercato Mayfair, and Boxpark, launches a 1,178 sq ft flagship space on Fulham Road
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NewsCampaign for Pubs publishes demands for incoming government
The Manifesto for Pubs asks for an energy cap for businesses, an overhaul of the business rates system, and other key policy changes to support publicans and brewers
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NewsOle & Steen pauses expansion amid losses
Danish bakery and café chain Lagkagehuset is focusing on organic growth in its international business to improve profitability, after posting a £20.6m loss for 2023
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NewsNero Group posts record sales
The coffee shop operator reported sales of £544m in its 2024 financial year, with like-for-like sales growth of 8.4%
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NewsHawksmoor explores potential sale
As the steak restaurant group looks to grow internationally, investment bank Stephens has been hired to run a sales process and is speaking to potential buyers in a deal that could value the business at £100m
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NewsItsu looks to double estate
The Julian Metcalfe-led group is looking to strengthen its foothold in London, as well as grow its presence in new locations across the country with its ‘temple’ flagship stores
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NewsGreene King invests £23m in new depot
The pub company and brewer has signed a 15-year long lease on a food and drink depot in Middleton, in partnership with logistics company GXO
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NewsJames Williams to launch new London restaurant
The former head of finance at Tortilla will relaunch his modern izakaya concept, Apothecary East, next year
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NewsBistrot Pierre invests in ‘brighter future’
The French casual dining group has undertaken a brand review while rolling out a new concept, significantly improving future EBITDA
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NewsChestnut Group acquires wine specialist Bijou
This acquisition marks a step forward for the East Anglia-based operator and allows Chestnut to cater for much of region’s independent wine demand
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NewsIn pictures: Wingstop UK’s largest site to date
The wing concept has opened a 5,000 sq ft restaurant at London’s Westfield Stratford City, marking a key milestone as it looks to open its 50th site this summer
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NewsPunch Pubs looks to grow operator-managed estate
CEO Clive Chesser discussed the evolving landscape of pub partnerships at MCA’s Pub Conference, highlighting the benefits of delivering a centralised offer in an entrepreneurial, localised format
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NewsBuzzworks: ‘Scope to reach 50+ sites in Scotland’
A continued focus on interesting buildings in unusual locations could see Buzzworks Holdings reach more than 50 sites, MD Kenny Blair told MCA’s Pub Conference