All news articles – Page 124
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NewsGreene King: We want to create a stable workforce
Harnessing the power of technology is key to creating and sustaining a stable workforce, according to Greene King’s director of deployment Andy Incles
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NewsBowland Inns secures £25m loan
A £25m loan from neobank OakNorth will be usd to refinance the pub and hotel operator’s existing portfolio of properties and complete the acquisition of one new property
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NewsClimate crisis will make beer more expensive
Agricultural droughts in Europe are expected to directly impact the amount of hops grown and the quality, expects warn
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NewsIncipio reports record year
Sales were up 38% to £20.65m in 2022, with investments totalling £5m made during the period across three new sites
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NewsMolson Coors to pump £10m into Tadcaster brewery expansion
The investment would take place over a two-year period and increase production capacity as well as reducing carbon emissions
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NewsTRG to be taken private in £506m deal
The Restaurant Group has reached an agreement with Apollo Global Management for an all cash acquisition, representing an EBITDA multiple of x9
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NewsMarston’s reports strong momentum
The 1,145-strong pub operator reported like-for-like sales up 10.1% vs FY2022, with strong sales across food and drink as momentum continues into the new financial year
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NewsHonest Burgers closes crowdfunding after raising close to £3m
The crowdfund will accelerate the chain’s ambitions to build its presence in regional cities, as well as launch new QSR format Honest Smashed.
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NewsGreggs opens first standalone café in Sainsburys supermarket
The retail partnership forms part of the food-to-go brand’s expansion plans, targeting supermarkets alongside other locations
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NewsAuntie Anne’s reports robust sales and unveils rebrand
The 38-strong bakery chain reported a 10% sales increase year-on-year, and will target 12 new openings in the next 12 months
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NewsFormer Patisserie Valerie CFO denies fraud charges
Christopher Marsh was previously charged with fraud alongside three others, in connection with their role in the collapse of the cafe chain in 2018
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NewsM&B to launch new smokehouse concept
Orleans Smokehouse will be inspired by the “flavours of New Orleans” and will open its first site in Birmingham early next year
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NewsZoe Bowley joins Greene King
Greene King has appointed former PizzaExpress MD Zoe Bowley on a nine-month contract to oversee the Metropolitan Pub Company, as current MD Michael Horan steps down
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NewsYard Sale Pizza sees scope for 150 sites
The London-based neighbourhood pizza chain is seeing year-to-date like-for-like sales growth at over 15%, according to CEO Johnnie Tate
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NewsJoseph Holt sees strong recovery
The Manchester-based brewer, which operates c125 pubs, reported turnover of £70m for the 2022 financial year
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NewsArcade Food Hall appoints FD
Alan Wong, formerly of Caprice Holdings and Hakkasan Group, has been appointed finance director for the food hall concept
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NewsHop Vietnamese: ‘The city is starting to see some great growth’
The Vietnamese-inspired QSR brand is seeing central London trading return to growth as it ramps up expansion across the capital
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NewsSt Peter’s Brewery acquires Curious Brewery
One of the UK’s oldest craft brewers has acquired Kent-based Curious Brewery for an undisclosed sum
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NewsCaprice Holdings announces return to profit
The Richard Caring-led restaurant group has reported financial results for the year to 1 January 2023, with a 71% increase in turnover to £74m
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NewsBill’s Restaurants in ‘better long-term position’
The all-day dining chain reported turnover of £104m in the year to January 2023, as a result of the strategy to focus on its core profitable sites