All news articles – Page 130
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YO! returns to profit
The sushi restaurant and supermarket kiosk operator saw a strong rebound in footfall post-pandemic, with adjusted EBITDA increasing to £7.4m
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Carlsberg Marston’s to close Wychwood Brewery
The CEO of the brewery JV cited the “incredibly competitive” UK ale market and “turbulent economic outlook” for creating a challenging environment to navigate
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Tony Blair: Tax fast food to improve health
The former prime minister, who is advising Labour leader Kier Starmer, said there should be higher taxes and tougher advertising restrictions on foods high in fat, sugar and salt
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Blacklock awarded B Corp status
The London based chophouse steak chain has announced its certification by non-profit global organisation, B Lab
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Chick-fil-A announces UK return
The fried chicken chain will relaunch in 2025 with an initial five sites, following its departure in 2019 amid LGBT protests
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Amber Taverns plans 14-16 new openings this year
The community wet-led pub operator reported a 70% increase in revenue to £95.7m in FY2023
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Former Patisserie Valerie CFO charged with fraud
Christopher Marsh has been charged alongside his wife, accountant Louise Marsh, financial controller Pritesh Mistry and financial consultant Nileshkumar Lad over their roles in the collapse of the chain
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Stonegate receives backlash for dynamic pricing move
CAMRA chief executive Tom Stainer called the move ‘troubling’, while Loungers chairman Alex Reilley said the pubco was being criticised for its transparency
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Wendy’s confirms six more openings
The Ohio-based QSR chain will open in Derby, Leeds, Peterborough, Guildford, Cambridge, and Middlesborough as part of its nationwide expansion
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Big Table Group appoints head of concept development
Johanna Selin, previously of M&S, Wagamama, and Pret, has been appointed to the role as the group takes on TRG’s Leisure brands
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Pizza Hut partners with Greens Retail
Greens has become the first convenience retailer to operate a Pizza Hut franchise in the UK, with an opening in Fife and more planned across Scotland
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92 Degrees seeking £3m investment to fuel growth
The funding will support the specialty coffee shop and roaster’s expansion plans, which includes new stores in Liverpool, London and Manchester
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Relaxed rules on takeaway pints extended
The move will allow pubs to diversify when customers want to make the most of parks and other public spaces, according to the BBPA
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Stonegate introduces dynamic pricing during peak trading
Customers are being charged 20p more for a pint of beer over the weekend, to cover the costs of washing glasses, staff, plastic cups and door staff
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Various Eateries CEO steps down
Yishay Malkov will step down from his role as director and CEO with immediate effect, while executive chairman Andy Bassadone will continue to lead the group
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St Austell Brewery acquires Bath Pub Company
The deal will see St Austell take over the operation of four pubs in Bath and further grow its 184-strong West Country pub estate
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TRG announces sale of Leisure business to Big Table Group
The Big Table Group will take over the division, principally consisting of the Frankie & Benny’s and Chiquito brands, in a deal expected to complete in October - with TRG paying a cash contribution of £7.5m as part of the transaction
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Retailers warn against £400m business rates hike
A group of 44 high street firms has written to Chancellor Jeremy Hunt to warn against an inflation-based increase to business rates bills
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Dunkin’ aims to double UK estate in two years
The 30-strong coffee chain’s imminent expansion will see it open a string of new stores in the capital, starting with a flagship store on Wardour Street in September
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Strong sales unable to keep up with inflation
Despite a 6.7% irise in turnover to £137bn, sales remain nearly 20% behind in real terms, according to the latest UKHospitality Quarterly Sales Tracker