All news articles – Page 1463
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News
Drinkaware seeks legal advice on promos
Drinkaware is seeking legal advice on forcing pubs that promote irresponsible drinking to remove any mention of the organisation in their marketing material, writes M&C Report’s sister title The Publican’s Morning Advertiser (PMA)
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Regional restaurants to help meet McDonald’s beef pledge
McDonald’s is asking its restaurants to meet the company’s pledge to purchase sustainable beef by sourcing their own meat and meet goals relevant to local markets
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Fuller's to hold cooking competition for chef 'scholars'
Fuller’s, the London-based brewer and pub operator, is to hold a head to head cooking skills competition today under its Chef Scholarship, which it launched last year
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Millie’s eyes c-store sector
Millie’s Cookies, the SSP-owned brand, has revealed plans to launch standalone units in convenience stores
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Welsh cob named Perfect Pub Pie
The Chestnut Horse in Yorkshire has won a national award for its Welsh cob pie after Olive magazine named it the nation’s perfect pub pie in a contest judged by high profile chef Tom Kerridge
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US restaurant concept launches fundraising bid
A new American restaurant concept whose directors include chef Steve Durham, who has worked with the likes of Sat Bains and Raymond Blanc, is looking to raise £150,000 on Crowdcube to expand to eight UK sites before examining overseas opportunities
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FreeFrom awards to coincide with mandatory allergen labelling
FreeFrom Food is launching a new award category for the eating out sector to recognise the growing demand for allergen-free choices to be available on menus and the forthcoming legislation to display allergen information
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NewsChimichanga to make Scotland debut
Chimichanga, the Prezzo-owned Mexican brand, will open its first restaurant in Scotland next Monday (2 June)
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AG Barr chair to retire; revenues grow 5.2%
AG Barr, the soft drinks company, has reported a 5.2% rise in revenue for the 15 weeks to 11 May and announced that its chairman Ronnie Hanna will retire from the board on 31 December 2014
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NewsPunch proposes debt-for-equity swap
Punch Taverns has this morning published details of revised restructuring terms, including a debt for equity swap that would see bondholders take an 85% equity stake in the company
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Heartstone back in profit
Heartstone Inns, the Enterprise Investment Scheme (EIS)-backed freehold pub operator, turned around a pre-tax loss of £685,328 to report a pre-tax profit of £116,918 in what it called a “year of significant progress” in 2013
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NewsCote secures Cattle Grid Battersea site
Cote, the French brasserie chain, is set to further strengthen its presence in London, after acquiring the Cattle Grid site in Battersea Rise
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NewsLfls up 10% at Draft House
Draft House has reported a 17% rise in like-for-like sales in May and said it hoped to have new site news shortly
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City Pub Co EBITDA nears £1m in 'transformational' year
The operator has reported EBITDA of £912,166 in the “transformational” year to 29 December, and expects it to reach as high as £8m by 2017 as the company grows to c30 sites, chief executive Clive Watson has told M&C Report
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Hawthorn being offered “lots of pubs”
Hawthorn Leisure, the new pub group, is being offered “lots of pubs” and hasn’t ruled out buying managed sites
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NewsFive Guys UK reports £3.89m loss
Five Guys UK has reported a loss of £3.89m in the period to 29 December 2013, as the cost of launching in the country saw administrative expenses reach £4.58m.
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NewsGreene King pulls out of Orchid sale process
Greene King has announced it has pulled out the sale process for Orchid Group, with the latest round of bids for the 225-strong Rufus Hall-led company thought to be due in today
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NewsM&C20 climbs back from leisure sector fall
The leisure sector has partially recovered following last week’s crash climbing 3.4% and gaining £58m across the portfolio of 21 companies, while the FTSE All Share Index remained relatively static
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NewsCoffee#1 up to 40
Coffee#1, the SA Brains-owned brand, will open its 40th site an first in Berkshire, next week
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NewsLas Iguanas secures Leamington Spa site
Las Iguanas, the Bowmark Capital-backed chain, which is assessing its options, has secured a site in Leamington Spa, for an opening later this year