All news articles – Page 131
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Hostmore CFO steps down
Alan Clark leaves following a difficult financial period for the TGI Fridays operator, where it posted losses of £91m and announced a series of cost reduction measures
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TRG chairman Ken Hanna to step down
Hanna, who will not seek re-election in 2024 due to personal reasons, has become the focus of criticism from activist investors such as Irenic
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Oakberry sees ‘big potential’ in UK market
The Brazilian-inspired açai berry concept, which has sites in Brighton and Belfast, will open two sites in London this year, co-founder Angela Bernandes tells MCA
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Openings of the week
MCA rounds up this week’s biggest openings stories, including Mowgli, Searcys, Roxy Leisure, The Comptoir Group and more
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Starbucks makes ‘good progress’ on 100 new UK stores target
The coffee company has maintained strong double digit growth in recent months, as it marks its 25th anniversary in the UK with a drive-thru site in Oldham
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Greene King announces enhanced flexible working policy
The pubco has introduced improved policies for paternity leave, adoptive leave, compassionate leave, and emergency leave for dependents
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Big Fang Collective to launch karaoke venue
The Imbiba-backed experiential group will launch Big Fang Karaoke in collaboration with Asahi on Liverpool’s Parliament Street later this month
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Boojum actively seeking sites in GB
The fast casual Mexican-inspired chain, which was acquired by Azzurri Group earlier this summer, is on the lookout for sites in Great Britain as it opens its 15th store in Ireland
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Tom Kidd leaves Nightcap
The Adventure Bar Group co-founder leaves the listed late-night operator two years after it acquired his business
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Restaurant Show makes Hospitality Action pledge
The William Reed exhibition will donate £10 for every chef that attends the show in their chef uniform
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Honest Burgers seeks investment for QSR spin-off
Off the back of its smashed burger product, Honest is tapping up customers for funds on Crowdcube, in the hope of taking on bigger burger brands
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The Restaurant Group deliver strong sales growth
The group said it has made “significant progress” in the first eight months of the year, delivering strong like-for-like sales growth despite the consumer backdrop
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Hospitality students must prepare for new challenges
As increased costs put pressure on the sector, there have been consequences for specialised masters in hospitality business and management
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Hospitality businesses back UKH demands to Ofgem
More than 350 businesses have responded to UKHospitality’s consultation after it called on the sector to support its demand for Ofgem to rapidly implement the recommendations of its energy market review
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Wetherspoons to slash prices in VAT campaign
Chairman Tim Martin argues pubs are subsidising supermarket’s cheap alcohol prices due to the unfair burden of VAT
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BrewDog appoints COO
James Arrow is currently MD at Boots Opticians and and before that spent a decade at Dixons Carphone
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Ofgem must act fast to avoid winter crisis
Energy costs still pose a serious threat to pubs, with 15% citing risk of failure in the next 12 months and 95% of those flagging energy as a significant contributor
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Bill’s delivers highest ever lfl sales
The group has reported half-year results for the six months ended 30 June, delivering its highest ever like-for-like sales of £45.3m at current trading sites
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Mission Mars strengthens marketing team
The Rudy’s Pizza and Albert’s Schloss operator has appointed James Newman as sales & marketing director
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Jeremy King to reopen legendary Le Caprice restaurant
The veteran restaurateur collected the keys to the property behind the Ritz hotel in St James’s and plans to bring it back to life in the new year