All news articles – Page 148
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NewsHeavitree: Fears over trading have not materialised
Feedback from tenants has been that top line trading has held up well during the first half of the financial year with the Exeter-based brewer and pub operator reporting ”satisfactory numbers”
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NewsBoost Juice hails strong recovery
Parent company TD4 Brands, which operates 33 sites, grew sales by 82% to reach £13.9m in 2022
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NewsWingstop announces five new stores
The fast-casual chain is opening in Islington, Birmingham New Street, Wood Green, Edinburgh and Glasgow putting it on track to reach 40+ location in 2023
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NewsCost of doing business is driving inflation
The government and regulators must intervene in the energy markets if they are serious about halving inflation, UKH has warned
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NewsOakman ‘not convinced’ about running smaller pubs
The group has paused growth of Seafood Pubs to focus on its core Oakman Inns brand, CEO Peter Borg-Neal told MCA’s Pub Conference
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NewsGoodyear to step down from Young’s
The non-executive chairman will step down after the pub company’s AGM in July 2024, and will be suceeded by corporate lawyer Steve Cooke, currently of Slaughter and May
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NewsHydes to invest £3.6m in landmark opening
The North West brewery and pub operator is to open the The Harry Beswick – its first acquisition in more than five years – later in 2023, following extensive restoration and refurbishment
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NewsVarious Eateries sees ‘marginal’ like-for-like rise
The Coppa Club operator reported a 16% increase in group revenue for the 26 weeks to 2 April 2023, to £20.6m, with like-for-like sales “marginally up” versus the prior year.
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NewsIn pictures: MCA’s Pub Conference 2023
JD Wetherspoon’s chairman Tim Martin, Nightcap CEO Sarah Willingham and Oakman Group CEO Peter Borg-Neal were among those who took to the stage at the Pub Conference last week
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NewsMrBeast ‘moving on’ from burger brand
The Youtube star, who has around 56 MrBeast Burger virtual restaurant locations in the UK, said the venture had been “terrible” for his wider brand
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NewsThe Alchemist: Experiential can’t become a throwaway phrase
Speaking after the brand’s launch in Berlin, CEO Simon Potts says it’s critical to nurture a truly experiential business
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NewsSK Group plans 30 Domino's in 2023
The Domino’s franchise business, owned by Surinder Kandola, has opened three stores in the last week and 15 this calender year
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NewsDirty Bones sold in pre-pack deal
Hampered by high interest loans and debts to HMRC, founder Jamie ‘Cokey’ Sulkin has acquired three out of six sites under a new vehicle
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NewsSan Carlo ‘delighted’ with recovery
The premium Italian restaurant operator boosted turnover by 137% to £68.9m in 2022
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NewsShake Shack UK operator sees losses widen
Diverse Dining, which operates the Shake Shack brand in the UK, saw sales up from £34.8m to £44.2m, but reported a loss of £4.6m for the year to 31 December 2022.
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NewsSticks’n’Sushi announces two more
The Danish-founded Japanese-inspired brand is opening in Kingston-upon-Thames in October, followed by Richmond in early 2024
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![Kevin Georgel, Chief Executive[80]](https://d36hgjhwuw81py.cloudfront.net/Pictures/100x67/3/3/9/297339_kevingeorgelchiefexecutive80_668299.jpeg)
NewsSt Austell’s top line ‘in good health’
The group achieved a 34% increase in revenue in 2022, versus 2021, however the bottom line remained a challenge, chief executive Kevin Georgel says
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NewsRekom UK: ‘Our 200-site target might take longer to reach than planned’
The late-night operator is doubling-down on its cluster strategy, which will entail the closure of several single sites in some of the UK’s smaller towns and cities, chairman Peter Marks reveals
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NewsCaring picks up the bill
Red faces at Richard Caring’s Ivy group last week, when the taxman came knocking for an unpaid bill, The Sunday Times reports
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NewsWhy Britain is turning its back on booze
Despite Glastonbury-goers indulging this weekend, figures show the UK may finally be sobering up, The Telegraph reports