All news articles – Page 1472
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NewsEnterprise Inns: Managed move, Beacon update, disposals, trading formats
M&C Report takes a closer look at this morning’s update from Enterprise Inns and talks to chief executive Simon Townsend and finance director Neil Smith about the group’s move into the managed arena, the promising progress of Project Beacon, innovation across its agreements, its disposal plan and investments
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NewsEAT secures £40m refinancing
EAT, the Lyceum Capital-backed group, has secured a £40m refinancing, which includes a £12.5m capital expenditure tranche which will be used to fund plans for further store openings
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NewsZonal collects family business of the year award
Zonal Retail Data Systems, the Edinburgh-based leading EPoS provider to the hospitality industry, won Family Business of the Year at this year’s Scottish Business Awards
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Leisure complex opening at Liverpool’s historic docks
The Titanic Hotel in Liverpool is opening in June on the site of the North Warehouse in the docklands following a £36m transformation that will include the Rum Warehouse events and exhibition centre
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Compass: Conditions improving in Europe
Compass Group, the global contract caterer, has said that it is starting to see an improvement in economic conditions and new business growth in Europe
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BII Licensee of the Year named
BII Licensee of the Year was awarded to Lee Price of The Royal Pier in Aberysthwyth, Wales, at the British Institute of Innkeeping annual lunch yesterday
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Poppleston Allen launches licencing app
Poppleston Allen, the leisure industry legal service provider, has launched an app called MyLicence to provide easily an accessible comprehensive guide to licensing and gambling laws along with regulation and enforcement in England and Wales
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ALMR sees 30% growth in operator membership
The ALMR has announced that operator membership grew by over 30% in 2013, for the second successive year, with supplier membership increasing by over 18%
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Enterprise and Brakes partnership to put food first
Pub operator Enterprise Inns has entered a partnership with Brakes to launch Food Club to provide support for publicans by helping them to ensure they have the best menu for their customers, while providing deals, discounts and promotions to members
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NewsPatisserie Holdings valued at £170m
Patisserie Holdings has been valued at £170m on its conditional admission to AIM this morning, placing it at the lower end of its predicted range
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NewsYO! reassess US expansion plans
YO! Sushi, the Quilvest-backed group, has reassessed its US expansion plans, which has led to the closure of its first site in the country in Washington DC’s Union Street train station
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Honest Burger eyes Tooting opening
Honest Burgers, the London-based concept led by ex-Bill’s operations director Dorian Waite, is set to open its seventh site, after securing a site in Tooting
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Collyer upbeat on Enterprise
Leading analyst Geof Collyer has said he’s “very confident” of his full-year forecast for Enterprise Inns following its H1 results this morning, with the possibility that the company could report EPS growth for 2014
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UK employment prospects rising
UK employers are hiring staff at the fastest rate since before the financial crisis, with hotels, catering and leisure leading the private sector services, according to a report by the Chartered Institute of Personnel Development (CIPD).
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NewsCarluccio’s builds pipeline
Carluccio’s, the all-day Italian café chain led by Simon Kossoff, has continued to strengthen its pipeline of openings in the UK
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Minimum pricing would have 'little impact' on moderate drinkers
A minimum unit price of 45p would reduce alcohol consumption for harmfully heavy drinkers on low incomes by nearly 300 units annually, but have little impact on moderate drinkers
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Tesco strengthens Decks pipeline
Tesco has strengthened the pipeline for its casual dining format, Decks, with a further seven sites set to come on line over the coming few months
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Essenden undertakes debt for equity swap
Creditors of Essenden, the Nick Basing-led operator of the Tenpin bowling brand, have voted overwhelmingly in favour of its plan to undertake a debt for equity swap to prepare the business for acquisitions
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NWTC closes in on first London site
The New World Trading Company (NWTC) is understood to have taken a step closer to securing its first London site, which will operate under the name The Trading House
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Caffeina Co makes UK debut
Caffeina Company, the operator of two ‘neighbourhood’ coffee shops in Rome, has opened its first site in London