All news articles – Page 1387
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News
No Saints owed £2.6m at collapse
No Saints, the nightclub group headed by Stephen Thomas, collapsed owing creditors £2.6m, according to a new report from its administrator FRP Advisory
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Dark Star Foundation seeks worthy causes
The Dark Star Brewery, the Sussex brewer is seeking worthy causes to support via its Dark Star Foundation.
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NewsNew Inventive Bar Co relaunches cocktail masterclasses
The New Inventive Bar Company has relaunched its cocktail masterclass programme for its Revolution brand, which the group said currently has annual sales of £3.9m and attracts 150,000 customers a year
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Pint Shop signs up to Tax Equality Day
Pint Shop, the Cambridge-based British meat and beer concept, is the latest operator to sign up to Tax Equality Day on 24 September
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Jack moves Greene King from Buy to Add
Leading analyst Douglas Jack has downgraded his recommendation for Greene King from Buy to Add and cut forecasts by 3% as the brewer reduces its reliance on tenanted pubs in what Jack called a year of “limited growth”
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NewsMP eyes new law on hospitality staff tips
An MP has proposed a change in the law to stop employers reaping the benefits of staff tips in the leisure, hospitality and service sectors
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NewsGaucho lines up Far East opening
Gaucho Holdings will open its first Asian outpost in the heart of Hong Kong in mid-October
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NewsBurger & Lobster to ramp up regional expansion
Burger & Lobster, the London-based group, is to ramp up its regional expansion over the next 12 months, after securing a site in Cardiff
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NewsCosta has "lots to do" to reach openings target
Costa has seen more closures than it expected this year which has left the task to reach 300 net new store openings this year more challenging, said Andy Harrison chief executive at Whitbread
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NewsZonal FY revenue expected to top £50m
Zonal, the electronic point of sale (EPOS) supplier to the hospitality and leisure sector, expects full-year turnover to grow from £41.3m to £52m in the year to 30 June 2014 as the group expands its operations and continues to innovate
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MOJO plans to extend beyond heartland
Three-strong bar group MOJO has announced plans to extend to at least 10 sites with its sights initially set on London after securing £700,000 of funding from HSBC
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NewsBill’s secures Villagio site
Bill’s has secured the Richoux Group’s Villagio site in Berkhamsted, as it closes in on having in excess of 50 sites open by the end of the year
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NewsMcDonald's: UK 'positive' amid global decline
McDonald’s says a “positive” performance in the UK helped to offset weakness in Russia, as comparable sales across Europe fell 0.7% in August
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Liberation Group to develop former hotel
Liberation Group, the Jersey-based pub and drinks business, is to open a new bar and restaurant at a former hotel
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TwoRuba launches at Hilton Tower Bridge
TwoRuba, a new cocktail bar, is opening at Hilton London Tower Bridge this September as a bar and lounge
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Rita's to open cocktail bar
Rita’s Bar and Dining, the highly-regarded pop-up venture, is to open a cocktail bar underneath its first permanent restaurant in London’s Hackney
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CCE FY turnover falls 0.4%
Coca Cola Enterprises (CCE), the soft drinks giant’s UK arm, saw turnover fall 0.4% to £1.79bn in 2013 “as a result of business performance”
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NewsOperators sign up for new Nottingham restaurant quarter
Handmade Burger Co, Coast 2 Coast, Tortilla and Ed’s Easy Diner have all sign up to open in the new £40m restaurant quarter at the intu Victoria Centre in Nottingham
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News
Iso Sushi up to four
Iso Sushi, a Japanese restaurant group, is preparing to open its third and fourth sites in Ealing Broadway and Wolverhampton and eyeing an estate of up to 10 London restaurants, M&C Report has learnt
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NewsEllis raises Whitbread TP
Leading analyst Wyn Ellis has increased his Target Price for Whitbread from £43 to £45 after its “very strong” trading update