All news articles – Page 118
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NewsComptoir Group announces board changes
Ali Aneizi of Tamweel Capital has been appointed non-executive director, while Jean-Michel Orieux succeeds Dr Beatrice Lafon as chair of the board
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NewsTortilla acquires Fresh Burritos
The €3.95m (£3.34m) acquisition of Europe’s second largest fast casual Mexican restaurant group marks the latest step forward in Tortilla’s growth strategy, which includes developing the brand internationally and doubling down on franchising
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NewsGusto Italian launches menu of ‘comeback dishes’ using customer insights
A new three-course menu comes after a recent survey asked diners to nominate their favourite Gusto dishes
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NewsEl Mexicana seeks new investment
The owners of the brand, who have plans to open four new sites, have appointed FRP Corporate Finance to explore options for potential buyers or investors
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NewsSbarro to open first dedicated pizza drive-thru
The 750 sq ft site in Cleckheaton, operated by EG on the Move, will offer XL slices of Sbarro’s New York-style pizza
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NewsC&C Group urged to explore sale by activist investor
New York-based Engine Capital has said that the drinks manufacturer is a “perennial underperformer as a result of structural and self-inflicted problems”, urging it to undertake a strategic review process
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NewsCamile Thai appoints new CEO
Daniel Greene takes over from founder Brody Sweeney and will focus on growing the brand’s franchise network across Ireland, Northern Ireland and the UK.
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NewsStonegate appoints Mark Davies as NED
The former CEO of Hawthorn Community Pub Company, which was sold to Admiral Taverns in 2021, adds a “real sense of momentum” to the Stonegate board
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NewsPing Pong maintains profitability
The dim sum restaurant chain, which was bought out of pre-pack administration in 2022, is exploring low capital investment growth opportunities
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NewsTories commit to night time licensing review
A review of licensing laws and planning rules to boost pubs, clubs and music venues will be launched in the first 100 days of a new Conservative government, the party has promised
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NewsThai Leisure Group reports ‘solid and stable’ sales
The casual dining operator credits “adept marketing and refined brand positioning” for ensuring its Chaophraya and Thaikhun brands remain relevant and attractive in the current market
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NewsRed Engine to accelerate global expansion
In 2024, the group is opening Electric Shuffle NYC, Electric Shuffle Manchester in Deansgate, Flight Club Liverpool, and Flight Club Oxford in the Westgate development
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NewsStonegate boosts profits in H1
The pub and bar company reported adjusted EBITDA up 7.7% to £196m, driven by its leased & tenanted and Craft Union divisions, while like-for-like sales in its managed estate were flat
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NewsBritvic rebuffs Carlberg £3.1bn takeover bid
The Britvic board and its advisers “carefully considered the proposal”, and concluded that it “significantly undervalues Britvic, and its current and future prospects”
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NewsCaravan attains B Corp certification
The founders credited sustainable coffee sourcing programmes, energy-efficient roasting, and charity partnerships as important factors behind its strong scores
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NewsAdnams secures interest from multiple parties
The Suffolk brewer has made progress in its review of options to fund future growth plans, and continues to outperform the market in beer volumes and sales
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NewsPopeyes celebrates 50-site milestone
The chain has announced its 50th UK opening on Glasgow’s Sauchiehall Street, and remains on track to double its estate this year
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NewsNoble Hospitality appoints new culinary director
The Alley Cats Pizza and Angus Steakhouse operator welcomes Jeremy Brown, who previously held the position of group executive chef at Gordon Ramsay Restaurants
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, including Inception Group, Cocotte, Be At One and more
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NewsDrop in inflation ‘strongest signal yet’ to cut interest rates
Trade bodies have renewed calls for any incoming government to prioritise reducing the cost burden on the hospitality sector