All news articles – Page 1453
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BrewDog: seven more bars for 2014
BrewDog, the Scottish brewer and pub operator, has confirmed plans to open a further seven bars this year and four more BottleDog off-licences
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Bankers 'working on debt packages for PizzaExpress sale'
Bankers are working on debt financing packages of up to £600m to back a potential sale of PizzaExpress, according to Reuters
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Kua ‘Aina doubles up, eyes more
Kua ‘Aina, the Hawaiian burger and grilled sandwich concept, hopes to open two sites next year as it secures an outlet for its second UK restaurant, co-founder Ed Bardos has told M&C Report
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UK lifts McDonald's in Europe
A “positive” performance in the UK and France helped McDonald’s lift comparable sales in Europe by 0.4% in May, as global comparable sales grew by 0.9%
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Ramsay to expand Bread Street Kitchen
High profile chef Gordon Ramsay is to expand his Bread Street Kitchen concept, having secured a former Living Room site in London’s West End for the brand and also announcing a partnership to open across Asia
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Statutory code affects Vianet’s profit line
Vianet, the beerflow monitoring company formerly known as Brulines, reported revenue of £18.35m, down from £21m, and pre-tax profit of £1.56m across its portfolio of vending monitoring equipment for the year to 31 March 2014
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Companies must change to attract Millennials
Companies must make changes to their organisations now to appeal to ‘Generation Y’ as both potential employees and customers in the future
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Amadeus launches Made café concept
Catering company Amadeus is rolling out a new café concept called Made with its first site due to open in Camden later this month
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Heineken confirms £126m UK investment
Heineken has confirmed plans to spend a total of £126m in its UK business, including £50m on its Manchester brewery and £58m at its Hereford coder plant
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Kamps eyes UK expansion
Kamps, one of the leading bakery and café chains in Germany, plans to reach 10 UK sites over the next three years before a possible expansion outside London, M&C Report’s sister title British Baker reports
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Publicans cool on statutory code plan
Readers of M&C Report’s sister title the Publican’s Morning Advertiser have called for the Government to go further in its plans to regulate the pubco/tenant relationship
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ALMR rebrands
The Association of Multiple Licensed Retailers (ALMR) has launched a rebrand which it claims reflects a “modern, vibrant” sector
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Bitters ’n Twisted FY lfls grow 3%
Bitters ‘n Twisted, the Midland-based pub and restaurant operator, has reported a 12% rise in turnover and growth of 3% in like-for-like sales up to £4.4m, for the year ending 31 August 2013
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Commercial property values continue to rise
The value of commercial property in the UK saw the strongest monthly capital growth of 2014 in May when values increased by 1.3%
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Manchester's Spinningfields FY revenue tops £50m
Turnover at Spinningfields, the business and retail district in Manchester that includes a number of restaurants and bars, has grown to more than £50m for the first time since it opened in 2007, developer Allied London has reported
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Jack raises Fuller's TP after Stable acquisition
Leading analyst Douglas Jack has increased his Target Price for Fuller’s from 1,100p to 1,050p following its acquisition of a 51% stake in cider and pizza restaurant business The Stable
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Customers demand food provenance information
Restaurants and pubs will need better information on the origin of food and ingredients as customers are becoming increasingly concerned about the food in the wake of the horsemeat and Halal chicken scandals
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SSP H1 EBITDA grows 12.6%
SSP Group, the F&B travel concessions operator, has reported a 12.6% rise in EBITDA to £54m in the six months to 31 March, with like-for-like sales up 3.2% over the period
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Suitors eye Strada rump
Suitors bidding for the 56-strong Strada brand, which was put up for sale by Tragus last week, are set to bid on the rump of the group’s estate, with up to 15 individual site sales expected to go through over the next few weeks, M&C Report understands
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Spirit and La Tasca join Eagle Eye
Eagle Eye, the digital loyalty company made its debut as a listed company on AIM in April has announced that Spirit Pub Company and La Tasca are among the new operators to join its service