All news articles – Page 1422
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News
'Active dining' concept Aveqia launches fundraising bid
Aveqia, the concept from Michelin Star chef David Berggren that involves groups of customers preparing and eating a meal for themselves, has launched a fundraising bid on Crowdcube to raise £300,000 by selling 10% of the business in order to expand
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SSP names new North America CEO
SSP, the travel concessions operator, has announced the appointment of Michael Svagdis of Compass Group to the role of chief executive of its North American division
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Brasserie Bar Co begins pubs expansion
The White Brasserie Company has secured three more sites for openings before the end of the year and appointed a new operations director to aid its expansion drive
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Max Property Group to sell property portfolio
Max Property Group, the property vehicle of Nick Leslau and Mike Brown that owns a number of pubs, is to sell its entire property business to Marina Topco (Jersey) Limited, a company controlled by real estate firm Blackstone
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Esquires co-founder to head UK arm
Doug Williamson, co-founder of international franchise coffee shop operator Esquires, has returned to head the UK arm of the business as it looks to accelerate expansion over the coming years, M&C Report has learnt
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Boost co-founder: juice bars 'not just a craze'
Boost Juice Bars UK co-founder Richard O’Sullivan told M&C Report that he rejects claims the juice bar market is a passing craze, as the company reports a 15% rise in like-for-like sales across its estate in the first half of 2014
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Jack reduces Enterprise TP
Leading analyst Douglas Jack has reduced his Target Price for Enterprise Inns to 125p and “advised caution” on the business
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Bella Italia to rollout Gelato Carts
Tragus, the Apollo Global Management-backed group, is to rollout “Gelato Carts” into all of its c90-strong Bella Italia restaurants as part of the new look for the brand
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Boost Juice Bars operator eyes new F&B launch
TD4 Brands, operator of the Boost Juice Bars brand, plans to launch a new F&B concept into the UK market in the next 12 to 18 months, M&C Report has learnt
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Domino's set for growth, 'jury out' on new management
Leading analyst Sahill Shan has reiterated his Hold recommendation for Domino’s Pizza ahead of its H1 results next Tuesday, saying that he expects to see “robust” growth in the half year but the “jury is out” on the new management team
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Hygiene tops poll of food concerns for diners
Food hygiene is the greatest food safety concern for people when eating out according to a survey by the Food Standards Agency (FSA)
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Essenden to increase customer spend on food
Essenden, the tenpin bowling operator, is looking to increase the average customer spend on food with a range of sharing platters and snacks as well as introducing an alley-side ordering tool to make it more convenient for customers to order drinks and food, M&C Report has learnt
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Oakman 'cautiously optimistic' for growth
Oakman Inns and Restaurants, the pub operator led by Peter Borg-Neal, saw like-for-like sales growth of 11.1% for Q1 of 2014/15 to 6 July as it negotiates on two new sites
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Ca’puccino joins Westfield fashion event
Ca’puccino, the Italian coffee concept, has been named the exclusive food and drink partner at the Italian Trade Agency’s (ITA) weeklong fashion event at Westfield Shopping Centre that celebrates an Italian fashion exhibition at the Victoria and Albert Museum
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All Our Bars is “retrenching”
All Our Bars, the Kent-based multiple pub operator led by Paul Wigham, is looking to tighten up its existing estate and improve its food offering before looking to acquire any new pubs, M&C Report has learnt
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M&B to extend Americana-style pop up rollout
Mitchells & Butlers (M&B) is expanding the roll out of Ruby Jean’s Diner, its Americana-influenced pop-up menu
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Club with 3am licence placed on market
The lease on a nightclub with a 3am licence in London’s Kensington High Street has been placed on the market with a premium of c£1.5m
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REL Leisure opens Norwich club, lines up Surrey site
REL Leisure, the late night bar operator that operates No 1 in London’s Leicester Square, has opened a nightclub in Norwich and is set to open a further venue in Surrey, according to the Eastern Daily Press
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La Bottega disposes of site to Abokado
La Bottega, the Italian deli and café concept, which is backed by Pembroke VCT, has sold its site in London’s Berners Street to Abokado
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New Mediterranean concept opens in Hampshire
The operators of Thyme & Tides, the deli, bistro and fishmonger concept in Stockbridge, Hampshire, have opened a Mediterranean-themed restaurant called Woodfire in the town