All news articles – Page 1448
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NewsAnalysts upbeat on M&B’s Orchid acquisition
Analysts have given a generally positive response to Mitchells & Butlers’ acquisition of the majority of the Orchid estate
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NewsSSP confirms IPO move
SSP, the travel concessions operator, has confirmed reports that it plans to proceed with an initial public offering and float on the London Stock Exchange, raising primary proceeds of c£500m through the offer of new shares
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West End 'superclub' to open after £14m investment
A £14m “superclub” at a former car park is to open in London’s West End, according to the Evening Standard
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Beannchor's Little Wing targets student towns
Little Wing Pizzeria, the Belfast-based neopolitan pizza restaurant concept, is looking for sites in student towns in Ireland and Britain, M&C Report has learnt
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NewsCote completes Muswell Hill deal
Cote, the French brasserie chain, has completed on a further site in London, in Muswell Hill
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NewsEnterprise Inns offers funding for community projects at pubs
Enterprise Inns is offering its publicans the opportunity to apply for up to £10,000 of funding to invest in a project to “boost community spirit”
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NewsWhitbread Q1 lfls grow 6.9%
Whitbread, the leisure group, has reported a 6.9% rise in like-for-like sales in the 13 weeks to 29 May, led by Premier Inn (+9.5%) and Hotels and Restaurants (+7.6%), while Costa and the Restaurants divisions were up by 4.5% and 4.4% respectively
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NewsStarbucks offers to part-fund online degree course
Starbucks has announced it is rolling out a programme that would allow its workers to earn an online college degree at Arizona State University at a discounted rate
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River Cottage launches fundraising
River Cottage Canteen has issuing a £1m mini-bond through crowd-funding website Crowdcube as it looks to expand to large footfall sites in prime locations
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Commercial sector boosts Majestic
An increase in sales direct to pubs, bars and other commercial businesses helped Majestic Wines grow total sales 1.4% to £278m in the year to 31 March 2014
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NewsWahaca confirms Cardiff move
Wahaca, the Mexican street food restaurant concept led by Thomasina Miers and Mark Selby, has confirmed that it will make its regional debut in Cardiff this autumn
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NewsM&B's Orchid acquisition 'a good deal' but has 'execution risk'
Mitchells & Butlers’ (M&B) acquisition of 173 Orchid sites is a “good deal”, although it could disrupt M&B’s cultural reengineering programme and will increase the size of its bottom end by c23%, according to leading analyst Geof Collyer
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NewsM&B completes £266m Orchid acquisition
Mitchells & Butlers (M&B) has announced that it has acquired the majority of Orchid’s estate, consiting of 173 sites, in addition to Orchid’s head office, for £266m
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Kintan secures first UK site
Tomoyoshi Nishiyama, the founder of the c1,220-strong Gyukaku Group, has secured a first UK site for his Japanese barbeque concept Kintan
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Enrique Tomas to make UK debut
Enrique Tomas, the Spanish suppliers of high-quality Iberian ham, will open its first UK deli in the heart of London’s Soho this September
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NewsMetcalfe and Wolsey become OBEs
Julian Metcalfe, the co-founder of sandwich chain Pret A Manger, and Bill Wolsey, managing director of Northern Ireland-based hospitality firm Beannchor, have become OBEs in the Queen’s Birthday Honours
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NewsRossopomodoro eyes more John Lewis opportunties
Rossopomodoro, the Italian restaurant chain backed by Change Capital, would consider other openings within John Lewis stores in the future and hopes to use the debut of sister brand Ham Holy Burger at the retailer’s Oxford Street shop to open more UK outlets under that concept, M&C Report has learnt
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NewsEvolved Philpotts to launch in Birmingham
Philpotts, the artisan sandwich chain owned by Patisserie Holdings, is to open an evolved, less formal version of the concept in Birmingham called Café Philpotts
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NewsEnterprise Inns 'requires cultural change'
Enterprise Inns needs to undergo “cultural change” in the way it treats its tenants, the company’s commercial director Ed Cottrell told the Tenanted Pub Company summit
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NewsLoungers' Cosy Club could exceed 70 sites
Loungers, the Piper-backed cafe bar operator, sees scope to grow to at least 70 Cosy Club sites alongside a minimum of 350 for its primary growth concept Lounge, managing director Alex Reilley has told M&C Report