All news articles – Page 1296
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NewsAnalyst corner: Rollo on Enterprise Inns
Leading analyst Jamie Rollo at Morgan Stanley is forecasting like-for-like net income growth of 0.5% when Enterprise Inns gives its Q1 update next month
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NewsIberica looks to Leeds
Iberica, the Spanish restaurant group, is in talks to open a restaurant in Leeds, following its first site outside of London that is opening at Manchester’s Spinningfields in March
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NewsBusaba Eathai confirms Shoreditch flagship site
Busaba Eathai, the casual-dining Thai restaurant group, is opening in London’s Shoreditch while exiting its Bicester site in favour of a pop-up in the Oxfordshire village, chief executive Jason Myers told M&C Report
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BBPA rallies support for beer duty cut
The British Beer and Pub Association is calling for greater support for a cut in beer duty in the 2015 Budget.
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NewsBatram: JDW all eyes on the margin
Leading analyst Nick Batram at Peel Hunt has said that he expects JD Wetherspoon to report a healthy top line when it gives its Q2 update later this month
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Portman Group rules on alcohol responsibility breaches
The Portman Group has ruled that two producers of high-strength beer have breached alcohol responsibility rules.
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Oakman Inns lfls up 2.4% for FY14
Oakman Inns and Restaurants has reported like-for-like sales up 2.4% for the year to 6 April 2014 but made a £806,000 EBITDA loss.
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NewsIRC execs take stakes in fledgling businesses
Steven Walker and Vernon Lord of Individual Restaurant Company (IRC), have taken stakes in the fledging operations run by Roy Ellis and Des McDonald
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NewsRecord month for MeatLiquor
MEATliquor reported gross turnover of c£1.2m across its six sites in December, which included a record month for its original site
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NewsYau hints at Babaji Pide rollout
Alan Yau, the founder of Wagamama, has hinted that expansion is on the cards for his new Turkish pizza concept Babaji Pide
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Campbell: Valuations are becoming unrealistic
Leading sector investor Paul Campbell has said that valuations of businesses are becoming unrealistic
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Essenden FD to step down
Essenden, the tenpin bowling operator, has announced its financial director Richard Darwin has given notice of his intention to leave the company
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The Smoke Haus to reach four in 2015
Fledgling American diner concept The Smoke Haus, is opening its third and fourth sites this year in Bristol and Birmingham, M&C Report has learnt
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NewsOperators sign up for Bromley extension
A handful of leading operators have already signed up to open in the Queens Gardens extension to the Intu Bromley scheme
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Marco Pierre White Steakhouse to open at Threadneedles
Marco Pierre White Steakhouse Bar & Grill, one of the restaurant brands created by the high-profile chef, is opening at Threadneedles Hotel under a franchise agreement with Black & White which owns the franchise
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TRG appoints non-exec director
The Restaurant Group (TRG) has appointed Debbie Hewitt as an independent non-executive director to the board with effect from 1 May 2015
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Joe’s sets out growth plans
Joe’s Southern Kitchen & Bar is to launch a second restaurant in London this spring as it forges ahead with plans to open up to four restaurants by 2018
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L’Entrecote eyes Soho site
Le Relais de Venise L’Entrecote, the French brasserie chain, is understood to be close to securing a fourth site in London, in Soho
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Supermarket price wars threaten suppliers
A price war between supermarkets could force more than 100 food suppliers to go out of business according to business recovery specialist Begbies Traynor which warned that while most UK supermarkets reported strong festive sales the ongoing price war is forcing small suppliers and high street grocers to the limit
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Viner takes helm at Feng Sushi
Paul Viner, the former chief financial officer at Giraffe, has become chief executive of Feng Sushi