All news articles – Page 126
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I am Döner to debut in London in new franchise deal
The Think Hospitality-backed kebab brand has signed a new franchise deal for a site in Camden, where it will make its London debut
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Burger King continues operating in Russia despite pledge
Restaurant Brands International, which owns 15% of the company’s franchise business in Russia, pledged in March 2022 to begin exiting the country
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Harris + Hoole has ‘robust pipeline’ as Tesco partnership ends
The Nero Group-owned coffee chain will close 26 of its 41 sites following the end of its partnership with Tesco
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Chaiiwala targets 500 sites
The Indian QSR brand plans to accelerate its domestic and international expansion, following a partnership with investment company Lote Global
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Greggs: ‘We continue to grow our market share’
The bakery chain will continue to target “convenient locations” across the UK, and is rolling out a new partnership with Uber Eats “at pace”, according to CEO Roisin Currie
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Wagamama showcases new Korean-inspired menu
The pan-Asian restaurant brand has launched a campaign that showcases its new menu of “nourishing bowls”, alongside new Korean street food favourites
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Eataly faces cost pressures
The Italian food hall and restaurant operator has provided a financial update for 2022, with revenue of £25m and loss for the year of £1.3m
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Greggs continues robust trading
The retailer’s Q3 update saw like-for-like sales rise 14.2% for company-managed shops, with evening trade, the app, and the loyalty programme all bolstering sales
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Tortilla demonstrates resilience
The fast casual Mexican cuisine specialist saw revenue growth of 22% to £32.7m in H1 FY23, along with like-for-like growth of 5%
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Burger & Lobster sees full sales recovery
Turnover grew 47% to £36.5m in 2022, with the nine-strong London restaurant group showing a ‘strong start’ to 2023
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Community pub numbers grow dramatically
There has been a 62.6% jump in community-owned pubs over the past five years, according to figures from the trade body Co-operatives UK
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Hospitality leaders plead for no Christmas train strikes
Companies including Wasabi, Greene King, Fuller’s, and Mitchells & Butlers have signed an open letter to the Transport Secretary, RMT, ASLEF and Rail Delivery Group
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City Pub Group completes further acquisitions
The 52-strong premium pub operator has acquired two pubs in Oxford and London’s Soho, and continues to consider acquisitions in areas where it already has a presence
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Brakspear appoints Honeycomb Houses operations manager
Rawling joins the group within its 10-strong managed pubs division, after 19 years at Fuller’s
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Slug & Lettuce reveals brand repositioning
The Stonegate-owned cocktail bar chain has reopened its flagship venue in Deansgate, Manchester, the first of its sites to experience a redesign aligned with an “evolved brand vision”
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Openings of the week
MCA rounds up this week’s biggest openings stories, including Arc Inspirations, Miss Millie’s, Joe & The Juice and more
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Diageo ‘well-positioned’ to deliver despite uncertainty
The global drinks brand will continue to invest in marketing and innovation, CEO Debra Crew has said
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Five Guys eyes transport hubs for expansion
CEO John Eckbert says that the burger chain could grow by 150 sites in the coming years, and is “desperate” to open a restaurant at Heathrow
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Hostmore reports progress on cost reductions
The TGI Fridays UK operator reported revenue of £93.6m for H1 2023, with cost reductions alongside operational and portfolio management reducing losses
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Red Engine doubles turnover
The Flight Club operator reported record revenues of £53.8m in 2022 - year-on-year growth of 118% - and gross profit of £32.9m