All news articles – Page 1361
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News
Caffe Nero FY lfls up 2.7%
Caffé Nero has reported rise of 8.8% in revenue to £222.4m with like-for-like sales up 2.7% for the year ending 31 May 2014, as it eyes a UK estate of 750
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Booker H1 lfls up 2.4%
Booker saw total sales for the 24 weeks to 12 September climb 1.9% to £2.3bn, while like-for-like sales (excluding Makro) increased 2.4%
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Caring to launch Ivy Market Grill
Richard Caring will open the first site under a new all-day dining format, the Ivy Market Grill, in London’s Covent Garden, in December.
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NewsLaine Pub Co adds south London site
Laine Pub Company, the pub operator backed by Luke Johnson and led by Gavin George, has secured its eighth site in London
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McDonald’s crowd-sourced burgers go on sale
McDonald’s UK has introduced five new crowd-sourced burgers to its menu to celebrate the winners of its My Burger competition
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Whitbread extends bank facilities
Whitbread has extended the maturity of its bank facilities until November 2019
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Eataly set for Selfridges and stock market
Upmarket Italian food group Eataly is opening in Selfridges food hall in September 2016 and has intensions to be listed on the stock market in 2017
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Steak of the Art doubles up
Steak of the Art, a restaurant and art gallery concept, is opening its second site in Cardiff in early 2015
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Anglian Country Inns expands coffee bar
Hermitage Rd Coffee Bar & Restaurant, the Anglian Country Inns coffee shop brand at Hitchin, Hertfordshire, is expanding to include additional seating and a range of bagels
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NewsYoung’s in talks to acquire 580 Group
Young’s is believed to be in advanced talks to acquire the 580 Group, the four-strong, London-based pub operator, in a deal valued at c£11m
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NewsWahaca lines up Manchester opening
Wahaca is to become the latest London-based operator to make its debut in Manchester
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NewsLosses widen at Apostrophe
Apostrophe, the London-based café operator, saw losses widen in the year ending 31 March 2014 while turnover was £0.5m higher than the previous period at £7.2m
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Analyst Corner: Mark Brumby - Pub Costs in 60 Seconds
Mark Brumby at Langton Capital says that excluding the national minimum wage (rising at 3%), the cost environment is better than it has been for years
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NewsPubs to face £350 business rates hike unless multiplier is frozen
The British Beer & Pub Association (BBPA) has warned that each pub could face a £350 hike in its business rates bill if the Government does not announce a freeze in the tax multiplier in December’s Autumn Statement
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Cubbit House founders plan Italian restaurant launch
The co-founders of Cubitt House are planning to launch a new Italian restaurant in London’s Marylebone
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Chicago Rock to roll-out all-day format
Chicago Leisure, the operator of Chicago Rock bars that was formed out of the administration of Atmosphere Bars in November 2013, will begin growing its estate from next year and adapting its model to a seven-day format, M&C Report has learnt
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NewsTown & Country in £6.9m sale & leaseback deal
Town & Country Inns has sold a trio of leisure investments in the West Midlands to Kames Capital for £6.9m
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NewsJarrow Brewery appoints new chairman to head up expansion
Jarrow Brewery in South Tyneside has appointed Tim Cottier as chairman of the board to expand the brewery and acquire local craft producers
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Fourth payroll system awarded industry prize
Fourth, the hospitality software company, has been awarded Payroll Software Product of the Year, at the Chartered Institute of Payroll Professionals’ (CIPP) annual awards ceremony for its People System
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NewsFarrer swaps PizzaExpress for SSP
Rebecca Farrer has stepped down as brand director at PizzaExpress to join SSP as its new international head of brands