All news articles – Page 121
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Boxpark grows sales by 35%
The dining, leisure and retail concept posted revenues of £20.5m and EBITDA of £5m in the year to April 2023
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Heineken: Inflationary pricing is weakening demand
CEO Dolf van den Brink says though pricing is tapering, the Dutch brewer is observing a slowdown of consumer demand in various markets
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Pizza Express makes approach for TRG
The Restaurant Group has confirmed Pizza Express has made a request for information to evaluate a possible rival offer for the company
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Wimpy sees improved sales
Famous Brands has announced interim results for H1 FY24, with an 18% year-on-year rise in revenue for burger chain Wimpy
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BrewDog launches half-price offering for under-25s
The Under-25 Club offers 18-25 year olds a 50% discount across beer, cocktails, spirits, food, and BrewDog hotel stays
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Vapiano appoints director of operations
Steve Collard, who joins from Gourmet Burger Kitchen, has been appointed director of operations (UK) for the Germany-based Italian cuisine chain
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New people & culture director at Arc Inspirations
Arc Inspirations has appointed Lee Woolley as people & culture director, supporting the premium bar operator’s commitment to driving a people-first culture
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Cooks Coffee appoints administrators for Triple Two business
The operator has appointed RSM UK Restructuring Advisory LLP, citing a loss of momentum for its Triple Two coffee brand
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Gusto posts £24.2m sales
The 14-strong premium Italian restaurant operator made EBITDA of £0.9m in 2022, and is currently trading “ahead of expectations”
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Red Oak acquires 17 pubs from St Austell
The 212-strong pub operator has announced it will complete the purchase from St Austell Brewery’s leased and tenanted estate next week, including sites across Cornwall, Devon, and Somerset
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Jurassic Grill up for sale
The four-strong dinosaur-themed restaurant chain is being marketed with a guide price of £1.3m, offering “amazing potenital” for the buyer
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Wagamama appoints people & culture director
Vicky Hall, previously head of people at Wagamama, replaces Matt Hudson
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Patty & Bun closes Old Compton Street
The closure, which leaves the burger brand with eight restaurants and two concessions, comes after it approves a CVA
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Hall & Woodhouse offloads Rio
Irn Bru maker A.G. Barr has aquired the tropical drink brand for £12.3m
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Sector stars join Restaurant Conference line-up
Caravan chair Jane O’ Riordan and Fulham Shore founder David Page will deliver keynote sessions at this year’s Restaurant Conference in just over two weeks’ time
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Fuller’s: Pub closures will increase tenfold without business rates relief
Pub and restaurant closures will continue to rise without business rates relief, says Simon Emeny, chief executive of Fuller’s
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Pret accelerates US expansion with Dallas International
The joint venture with the existing franchisee is part of a plan to triple the size of its US business over the next five years
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Caffè Nero reports strong first quarter
Q1 sales were 13.5% higher year-on-year in the UK and 19% at group level between June and August, driving a strong start to the financial year
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Autumn Statement a ‘make or break’ moment for nation’s pubs
The chancellor should cut duty on beer and cider, help with business rates and deliver a fair deal on energy to savegaurd the nation’s pubs, according to CAMRA
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Three Joes revenues rise to £16m
Three Joes and The Stable operator Sourdough South opened new sites in Cambriidge and Chichester earlier this year