All news articles – Page 1413
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Market-wide losses hit M&C20
The M&C20 suffered a sharp fall this week as shares in the leisure sector slid by 22 points (1.9%) to 1,152 after a fortnight of growth
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Analyst corner: Jamie Rollo at Morgan Stanley
Jamie Rollo at Morgan Stanley comments that tenanted pub operators are seeing their sales performance gap close with their managed counterparts
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Rollo: Trading across Spirit Leased to be solid
A leading analyst has said that expects Q4 trading at Spirit to have slowed across its managed pubs in-line with other operators
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New allergen rules will carry unlimited fines
Businesses that fail to warn customers about any possible allergens in their food could face an unlimited fine, under new EU rules
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Friska to begin nationwide roll-out
Friska, the Bristol-based healthy fast-casual restaurant group, is opening another two stores in Bristol this year before looking to open a cluster of restaurants in Birmingham followed by Manchester, M&C Report has learnt
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Manchester's Neighbourhood set for Liverpool
The couple behind Neighbourhood restaurant in Manchester is opening a new concept in Hale, Cheshire and a second Neighbourhood in Liverpool as part of plans to reach 10 sites within 10 years, M&C Report has learnt
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London duo eye cafe expansion
The team behind Balham’s M1LK is opening a second café called Fields that is due to open in late August on Clapham Common and plans to expand further, M&C Report has learnt
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Brewhouse & Kitchen in talks on Bristol opening
Brewhouse & Kitchen is understood to be in talks to secure a third site for an opening later this year in Bristol
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Nando’s takes Love’s Pasta site
Nando’s, the Capricorn Ventures-backed group, has secured the Love’s Fresh Pasta site in London’s St James Street
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Piccola Cucina closes in on second UK site
Piccola Cucina, the New York-based Italian restaurant group, is thought to have already agreed to take a second site in Marylebone
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Westbury Street Holdings buys Searcys
Searcys, the upmarket restaurant and bar operator and caterer, has been sold to Westbury Street Holdings (WSH), the hospitality and catering company that owns Benugo, in its entirety for an undisclosed sum
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Itsu sees turnover reach £60m mark
Itsu, which will open its 50 small format store tomorrow in Richmond, has said it turned over £60m and made profits of £6m EBITA in the last year
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West Berks Brewery eyes £5m EIS
West Berkshire Brewery, the brewery chaired by industry veteran David Bruce, is to launch a new Enterprise Investment Scheme (EIS) fundraising drive to raise £5m to relocate to a bigger production site, M&C Report has learnt
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Frizzenti to rollout wine bars
Prosecco and sparkling wine supplier Frizzenti is to open a series of permanent and semi-permanent wine bars, with plans to open 10 within 12 months of an initial launch in October, M&C Report has learnt
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Ping Pong appoints new head of operations
Ping Pong has appointed Mike Pearson, formerly of Genting Casinos and InterContinental Hotels, as its new head of operations
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Kout in Subway tie-in
Kout Food Group (KFG) is believed to have signed a deal with Subway, which will see the sandwich brand open up a number of units at roadside locations next to or inside Little Chefs
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BYOC up to three, targets expansion
BYOC, operator of the eponymous cocktail bar concept where customers bring their own alcohol, is to open its third site in Camden, north London, by mid-September as it targets four openings over the next year or so, M&C Report has learnt
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Rola Wala eyes first permanent site
Rola Wala, the Indian street food operator, is understood to be set to open its first permanent site in Leeds
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Roka taps into quick dining market
Roka, Rainer Becker’s contemporary Japanese robatayaki restaurant brand, is entering the casual dining market with a new concept called Shochu Kanteen housed in the basement of its Charlotte Street restaurant
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Pay rises for Young's directors as bonus package doubles
Senior directors of Young’s, the London-based pub operator, saw substantial uplifts in their remuneration packages in 2013/2014 after total bonuses paid almost doubled from £506,323 to just over £1m