All news articles – Page 1173
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News
Ex-Ivy chef joins Vintage Salt
Brian Mbabazi, a former chef at The Ivy and Bob Bob Richard, has joined Des McDonald’s newly re-branded Vintage Salt restaurant
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Bird adds third site
Bird, the free-range fried chicken restaurant, is preparing to open its third London site in Camden, M&C understands
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Grind: overfunding; apps & ApplePay
Grind & Co, the London based independent coffee shop operator, is developing its own app having exceeded its crowdfunding target in 20 days
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NewsHandmade Burger Co recieves £600k investment
Handmade Burger Co, the Sargeant Partnership-owned group, has secured £600k in investment to open its seventh Midlands site in Birmingham’s Grand Central
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NewsCosta franchisee set to double estate
A Costa franchisee couple has opened their 20th Costa coffee shop after receiving a £2m finance package from HSBC’s franchise unit
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CMA rules supermarket promos are "confusing"
The Competition and Markets Authority (CMA) has called supermarket pricing confusing following a three-month probe launched after a super complaint from Which? consumer watchdog
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NewsTime Out invests £7m in Flypay
Flypay has secured £7m Series A funding from multimedia agency Time Out to accelerate the roll-out of its pay-at-table technology with restaurant operators and customers
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Analysts’ corner: JDW Q4 performance
Analysts give their verdict on JD Wetherspoon’s performance in the final quarter of its financial year, including what impact its pledge to increase starting wages by 8% is likely to have.
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NewRiver making ‘significant progress’ on pub estate
NewRiver Retail, the UK REIT specialising in the food and value sector, has reported “significant progress” across its pub portfolio in the first quarter to 30 June.
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Cider 'must learn lessons of craft beer'
A senior drinks analyst has advised cider makers to learn from the mistakes and triumphs of craft beer.
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NewsCDG in talks to acquire La Tasca
Casual Dining Group (CDG), which recently acquired Las Iguanas, is in advanced talks to acquire La Tasca, the 46-strong Spanish tapas chain, for a sum in excess of £25m, M&C understands.
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Wasabi profits soar 1066%
Wasabi, the London-based sushi and bento chain led by Dong Hyun Kim, has reported turnover up 21% for the 12 months to 27 December to £63,593k
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NewsKFC and Pizza Hut see sales rises in Q2
KFC grew sales in the UK by 6% in the second quarter ending June 13, in line with the global position, the latest results from parent company Yum! Brands has shown.
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M&B sells Cumbria pub to Thwaites
Thwaites has completed the freehold purchase of The Crown Inn, Pooley Bridge, Cumbria, from Mitchells & Butlers.
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Numis downgrades JDW 2016 projections
Leading analyst Douglas Jack, of Numis, has cut pre-tax profit forecasts for JD Wetherspoon after it announced a further 8% increase to staff starting pay.
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NewsPicturehouse opens at Trocadero Centre
Picturehouse is opening a seven screen cinema with a café, bar and restaurant at the refurbished Trocadero centre in London’s Piccadilly
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NewsFrench: Expect further M&A activity after Cote deal
Leading analyst Simon French, of Cenkos, has said he expects further M&A activity in the sector over the coming months, following the acquisition of Cote by BC Partners.
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News
Kensington Wine Rooms operator to open third site
The operator of the Kensington Wine Rooms has secured the former Raoul’s Deli site in Hammersmith for its third site, M&C understands.
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Café Grounded to open brewery
Bristol-based bar and café chain Grounded is set to open its own brewery.
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Epic Pub Company reveals target locations
Epic Pub Company, the Rockpool investments backed gastropub vehicle, has identified its target locations for its first openings.