All news articles – Page 1335
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Jack: M&B in need of a spark
Leading analyst Douglas Jack at Numis says Mitchells & Butlers (M&B) needs to clarify how it is going to generate LFL sales and margin growth
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Tortilla secures new £11m banking facility
Tortilla, the fast-casual Mexican restaurant group, has secured just over £11m in new bank financing from Santander Corporate Banking, which will allow it to open a further 25 sites
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New awards to celebrate the best in beer marketing
A new set of awards has been launched to recognise the very best in beer marketing
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Pesto secures lease on Marston’s pub in Lancashire
Pesto Restaurants has secured the lease of a Marston’s pub to open its first site in Lancashire.
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Slug & Lettuce rolling out updated brunch menu
Slug & Lettuce has updated its brunch menu and has begun rolling it out across all of its sites as part of its evolution of the brand.
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TRG: trading, expansion; pub investment
M&C Report talks to The Restaurant Group’s (TRG) chief executive Danny Breithaupt about the group’s recent slowdown in sales and ramping up its expansion plans
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Chop House team plans expansion
The team behind the Manchester-based Chop House concept is looking to expand further across the north west
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Fine Burger sells catering arm
Magicgoal Ltd, the operator of Fine Burger Co and the Fine Food Company, has sold its event catering division, to the newly formed Fine Event Co
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Inception Group: Strive for originality
Original concepts and staff are important for success, according to the Inception Group.
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Pubs are adapting for Generation Y
Pubs are turning into casual dining venues in a bid to appeal to Generation Y, according to Geronimo Inns.
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Leisure sector underperforms wider market
The M&C20 slightly underperformed the market, in what was one of the less eventful weeks in the leisure sector for some time. The M&C20 was down 0.2% over the week to 1,222 points while the Allshare was up 0.4% to 1,031 points
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Lack of debt funding is biggest barrier to growth, says Evan-Evans’ Buckley
Simon Buckley, chief executive of Evan-Evans, said the biggest challenge for small pub companies in growing their estate was the difficulty of securing debt funding.
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Sales of premium Prosecco soar 150% year on year
Premium Prosecco has seen a 150% hike in on-trade sales over the past year, according to Bibendum Wine Ltd.
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Bath Ales to open Beerd pop-up at ice rink
Bath Ales will open a pop-up of its craft beer format, Beerd, at the Clifton on Ice experience in Bristol on Thursday 27 November.
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Marston’s eyeing investment opportunities in casual dining
Marston’s chief executive Ralph Findlay has said the company is considering investing in small casual dining operators.
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New smokehouse concept to drive St Austell national growth
St Austell managing director, James Staughton, has told M&C Report that its new smokehouse and craft beer concept could be the vehicle to drive its growth across the UK.
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Abokado grows London pipeline
Abokado, the London-based chain of healthy food bars run by Mark Lilley, has lined up a pipeline of sites to reach 30 by spring 2015 before looking to expand nationwide in the next 18 months, M&C Report has learnt.
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Pubs need to tackle food waste
Geronimo Inns says pubs could save £8,000 per year by their reducing food waste.
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Oka secures Kingly Court site
Oka, the pan-Asian concept, has secured the final available site in Soho’s Kingly Court
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Pizza Hut scoops double awards
Pizza Hut has been named the Pizza Restaurant Chain of The Year for the second year running and Pizza Delivery Chain of the Year at the at the Pizza, Pasta & Italian Food (PAPA) Industry Awards