All news articles – Page 1477
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Punch sells Hammersmith pub for £2m-plus
Punch Taverns has sold the Old Parr’s Head in Hammersmith, West London for more than £2m after more than 10 offers for the site
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Cabana to open World Cup pop-up
Cabana, the fast growing Brazilian barbecue group led by Jamie Barber and David Ponte, is opening a pop up bar and grill in Covent Garden’s Piazza to celebrate the World Cup
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Square Pie plans dual growth strategy
Square Pie, the gourmet pie shop chain, is looking to strengthen both its restaurant and wholesale pie business as part of a long term growth plan that will see it expand across the country
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NewsSubway secures further petrol station deal
Subway, the global sandwich chain, has signed a further deal, which will see it increase its roadside presence in the UK.
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Whitbread further strengthens pipeline
Whitbread Hotels & Restaurants has further strengthened its openings pipeline after securing planning permission for 520 bedrooms across six locations for its Premier Inn format
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Red Trousers makes first acquisition
Honey & Venom bar in south London has been bought by Red Trousers Entertainment, a new independent operator, which plans a refurbishment prior to opening it as The Imperial Durbar next month
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Jack: Marston’s repositioning to lead to growth
A leading analyst has said that he believes Marston’s repositioning (selling wet-led pubs, recycling capital into food-led new builds and converting the Taverns estate to franchise) should lead to double-digit earnings growth in 2015E and 2016E
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NewsJDW expects “reasonable outcome” for the year
JD Wetherspoon saw like-for-like sales increase by 6.2%, and total sales rise by 10.9% for the 13 weeks to 27 April 2014
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NewsYO! FY EBITDA up 15%, confirms Hall as CEO
YO! Sushi, the Quilvest-backed group, has confirmed that chief operating officer Vanessa Hall has succeeded Robin Rowland as chief executive, with Rowland, who has led the company for 14 years, becoming executive chairman
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Jack: Enterprise fighting hard to stand still
A leading analyst has said that Enterprise Inns is fighting hard to stand still, facing ongoing declines in wet-led pub volumes and an uncertain regulatory backdrop
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NewsJust Eat: current trading in line with expectations
Just Eat, the on-line takeaway platform, has said that its trading is slightly ahead of management expectations in part as a result of the unusually wet winter weather in the UK and Northern Europe
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NewsHall to be confirmed as next YO! CEO
Vanessa Hall, YO! Sushi’s current chief operating officer, is to become its new chief executive, replacing Robin Rowland, who will become the 67-strong brand’s executive chairman, as it gears up for a £120m sale process later this year
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Harviestoun appoints new MD
Harviestoun Brewery has announced the departure of its managing director Chris Miller, with its director of sales Toby Knowles promoted in his place.
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Johnson runs rule over InnBrighton
Luke Johnson, the serial sector investor, is believed to be running the rule over InnBrighton, the Brighton-based multiple pub operator
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Cirrus raises £15m expansion fund
Cirrus Inns, the investment vehicle launched to back a premium estate of freehold pubs with rooms, has raised a further £15m toward its continued expansion
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NewsGreene King to improve daytime trading
Greene King has revealed details of its five-year plans for growth to 2020, which includes the group improving its exposure to daytime trading and reducing its exposure to alcohol & evenings/weekends
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Turtle Bay sets out openings schedule
Turtle Bay, the Piper Private Equity-backed Caribbean restaurant chain, has set out plans to double its estate over the next six months, with seven new openings planned, including two in London
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Tourists to spend £27bn in hospitality sector
Spending in the hospitality sector will rise by 33% by 2017 according to Barclays’ Retail and Hospitality & Leisure banking teams that suggests total spend from overseas visitors will reach more than £27bn
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Hilton steps down from Yalla Yalla
Barry Hilton is to step down as operations director at Yalla Yalla, the Lebanese restaurant concept, to develop his own restaurant concept
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NewsMuzz Buzz nears UK debut
Muzz Buzz, the Australian drive-thru coffee operator, has moved nearer to making its UK debut and believes there is potential to open 200 sites here