All news articles – Page 133
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Bumpy ride for billionaire brothers who banked on Asda’s success
The Guardian follows Moshin and Zuber Issa’s journey with Asda as the pandemic grocery boom gave way to surging inflation, rising interest rates and a cost of living crisis.
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Pret bets work from home trend to stay
The food to go brand is doubling down on the strategic shift which has seen it expanding more into market towns, airports and motorway service stations
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UK consumer confidence starts to recover
Confidence in the general economic situation for the next 12 months increased by three points to minus 30 in August, an increase of 30 points compared to the same month last year
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Mercato Metropolitano reveals new venue
MMY Elephant Park, which has been designed to offer a quieter and more residential space for visitors than traditional food markets, officially open today
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SushiDog: We want to replicate the formula
The sushi roll brand’s strategic growth plan will see it expand its presence in central London, and replicate existing formats in shopping centres and densely populated office areas
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Breal Capital acquires Brew By Numbers
The pre-pack acquisition of the craft brewery and bar operator is the latest deal for the private equity firm, which has also snapped up Vinoteca, Black Sheep Brewery and Brick Brewery
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Subway reaches £7.6bn deal with Roark Capital
The agreement, which ends the founding families control of the sandwich giant, includes debt and is subject to financial performance milestones
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Tortilla appoints NED
Keith Down has held finance director positons at Wetherspoons, Go-Ahead, Dunelm and Selfridges
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Club Pret doubles discount ahead of international launch
The food-to-go brand is expanding its loyalty scheme subscriber discount from 10% to 20%
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Vinoteca acquired by Breal Capital
The wine bar group was bought in a pre-pack sale after struggling with Covid, train strikes, and a poorly performing site in Birmingham
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Waitrose launches £5 lunchtime meal deal
The food-to-go offer, which will include a main, side and drink for, is set to roll out in stores from 30 August
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Delivery and takeaway sales grow 4%
Delivery and takeaway and click and collect sales at the UK’s top restaurant groups were ahead by 6% and 2% respectively in July, however order volumes fell by 4% and 2%
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Coffee#1 reports ‘excellent’ sales growth
The Nero-owned coffee shop business reported Q4 like-for-like sales up 117% versus pre-pandemic levels
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Smoky Boys to move deeper into central London
The Halal BBQ and grill haus brand is rolling out a new more colourful brand identity to appeal to a wider consumer as it expands to higher footfall areas
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Gong Cha makes two senior appointments
The bubble tea brand has appointed a new chief people officer and global marketing director, as it looks to double its footprint in the UK.
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Costa appoints UK&I MD
Nick Orrin has been appointed to the role following a period as interim managing director
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BrewDog launches warm weather discount in bars
The BrewDog ‘Beerometer’ will use Met Office data to set the price of its Cold Beer lager in its bars, bringing down the price by 25p per celsius increase.
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Call for licensing change after world cup sales boost
Early indications from pub businesses across the country show trading increases of between 14% and 28% during Sunday’s World Cup Final
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Cost increases boost turnover at Pret franchise
Chesterford Group’s pre-tax profits fell in 2022 due to the costs of setting up the Pret franchise business subsidary, Joy Brands
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Allesch-Taylor launches crypto coffee platform
The entrepreneur behind Coffeesmiths Collective has returned to the coffee space after the collapse of the speciality operator in 2020