All news articles – Page 1396
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NewsFive Guys expansion to gather pace
Five Guys, the popular US burger chain, is to ramp up its expansion plans in the run up to the end of the year, after securing a further site in Scotland
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Caracoli seeks new MD
Caracoli, a foodstore and coffee shop group based in Hampshire, is seeking a new MD as it prepares for its next stage of growth
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NewsSpirit to 'lose trading momentum' in Q4
Trading momentum for Spirit Pub Company could “lose pace” in the fourth quarter of 2014, although full-year like-for-like sales growth should be “upbeat”, according to a leading analyst
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New leisure co opens first nightclub
Nightlife North East, a new leisure company set up by Lorraine Griffiths, has taken over Sunderland nightclub Union Bar which closed closed six weeks ago
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NewsSnug Bars appoints head of people
Snug Bars has appointed Chris Moores, former head of HR at Bramwell Pub Company, as its new head of people
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NewsTesco to reduce capex
Tesco has announced that capital expenditure for its current financial year is to be lower than initially planned, with a total spend expected to be £2.1bn, c£400m lower than anticipated and c£600m below last year
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NewsBrewDog to offer student discounts at bars
BrewDog, the Scottish brewer and pub operator, is offering a 15% discount to students at all its 17 UK bars between midday and 5pm on weekdays
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NewsHummus Bros reports 15%lfl growth in record breaking summer
Hummus Bros, the London-based concept by Christian Mouysset and Ronen Givon, has reported record sales across its restaurants for July that were 17% higher than the previous highest month as it looks for new stores and is considering franchise opportunities
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NewsCollyer cuts JDW TP
Leading analyst Geof Collyer has reduced his Target Price for JD Wetherspoon from 785p to 745p ahead of its full-year results on 12 September, predicting “good top line growth” for the managed operator but an erosion of margin for the fifth straight year
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NewsChipotle CEO predicts demise of ‘irrelevant’ fast food chains
Monty Moran, the chief executive of Chipotle, has said that “traditional” fast food restaurants will soon become be a thing of the past
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NewsCosta signs up for Simply Cups recycling initiative
Costa Coffee has signed up to the ‘Simply Cups’ paper cup recovery and recycling initiative
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Thurlby Group changes name to Knead
Thurlby Group, the four-strong pub operator founded by Michael Thurlby, has announced that it is to change its name to Knead
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NewsTRG H1 lfls up 2.5%
The Restaurant Group (TRG) saw like-for-like sales grow 2.5% for the 26 weeks to 29 June and said it remained on track to double in size over the next eight to ten years
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SMEs unprepared for pension regulations
Companies are not leaving enough time to arrange staff enrolment to workplace pension schemes and could find themselves subject to fines or legal action if applications delayed by a processing backlog
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Admiral introduces compliance workshop for tenants
Admiral Taverns has launched a workshop to help its licensees keep up to speed with red tape
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NewsFuller’s agrees new £180m bank facility
Fuller’s, the London brewer and pub operator, has announced that it has successfully arranged new £180m bank loan facilities
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NewsGiggling Squid to double borrowing capacity
Giggling Squid, the fast-growing Thai restaurant group, has moved its banking to Barclays to increase its borrowing facility to £2m
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NewsGastro Pubs secures Strada site
Gastro Pubs is to launch the fourth site under its Middleton Steakhouse & Grill concept later this year after securing the Strada unit in Colchester
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Balfour-Lynn secures Kent pub
Richard Balfour-Lynn has secured the first pub site outside of London, for his fledgling pub venture - The Cunning Plan Pub Company
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NewsRegional rents on the rise
Bidding wars between restaurant operators are driving up rents on former retail units in the centre of Leeds