All news articles – Page 1164
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NewsItsu to ramp up regional expansion
Itsu is to ramp up its regional expansion with the company targeting opening another 10 to 15 sites outside of London over the next year
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Wasabi to make Midlands debut
Wasabi is to make its debut in the Midlands, after securing a site in Birmingham
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Intu selects Colliers for Chapelfield
Intu has appointed Colliers International, as sole catering and leisure agent for its Chapelfield shopping centre in Norwich
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NewsCraft Beer Co secures debut City site
The Craft Beer Co is set to make its debut in the City of London, after securing the leasehold of the former Trident Bar and Restaurant
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NewsPizza Hut EBITDA up 5% to £15.73m
Pizza Hut UK, the Rutland Capital backed restaurant group, has announced profits of £3.34m for the year to 30 November 2014 - up from £1.69m in 2013
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Greggs H1 lfls up 5.9%
Greggs has reported own shop like-for-like sales up 5.9% for the 26 weeks to 4 July with total sales up 6.4% to £398m. The company recorded a pre-tax profit of £25.6m for the period, in which 118 refits and 12 café conversions completed Chief executive Roger Whiteside said: “We have ...
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Compass reports strong UK performance in Q3
Contract caterer Compass has reported organic revenue in its European arm up 1.2% for the nine months to 30 June, driven by improving performances in the UK and Spain.
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NewsM&B Q3 lfls up 1.3%
Mitchells & Butlers has reported like-for-like sales growth of 1.3% for the 43 weeks to 25 July, and said it is “assessing a wide range of options” to mitigate the effects of the National Living Wage.
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M&B’s HQ acquired in c£70m deal
Legal & General Property has acquired the property housing Mitchells & Butlers’ headquarters and associated hotel for £69.5m
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NewsHeartstone Inns secures £8m of new funding
Heartstone Inns has secured a new £8m refinancing deal with HSBC which provides the company with £5m of development finance
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NewsRosa’s to consider options
Rosa’s, the London-based Thai cafe concept, is set to review its future funding options near the end of this year
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Collyer: Eating out sector in ‘sweet spot’ for growth
Pubs and restaurants are in the “sweet spot” for future growth, with value conscious consumers increasingly favouring affordable treats, according to Deutsche Bank analyst Geof Collyer.
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NewsDeliveroo raises further £45m
Deliveroo, the online food delivery platform, has raised a further $70m (£45m) of new funding to accelerate expansion
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NewsRobinsons sees uptake in new tenancy agreements
William Robinson, the joint-managing director of Robinsons, has told M&C the company’s new-style tenancy agreements have been now been taken up by almost a quarter of its tenants.
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SIBA to launch first food safety and quality programme
The Society of Independent Brewers (SIBA) is introducing a new food safety and quality management programme for its members
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The Alchemist to double up in Leeds
The Alchemist, the four-strong cocktail bar and restaurant concept founded by Living Ventures, is set to double its presence in Leeds
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Half Full Beer co acquires Ilkley Brewery
Yorkshire brewery Half Full Beer Co has acquired Ilkley Brewery in West Yorkshire for an undisclosed sum
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Joule’s free house arm buys second pub
Stone Property Ltd, the sister company of Shropshire brewer and pub operator Joule’s, has taken on its second free house.
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Suffolk swaps Le Pain for Azzurri
Ben Suffolk has stepped down as head of property at Le Pain Quotidien to join the Azzurri Group, as its new acquisitions manager
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Williams swaps Paul UK for T2 tea
Darren Williams, who stepped down as commercial director of Paul UK, has joined tea retailer T2 tea as its new international retail director