All news articles – Page 1482
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Grind in discussions for future sites
Grind, the independent London-based espresso bar, is actively looking for more sites for its coffee bar concept following the upcoming opening of a second site in Soho, M&C Report has learnt
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Soho House confirms White City plans
Soho House has confirmed it has signed a deal with Stanhope, the property developer, to operate a club at the former BBC Television Centre in White City in west London
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Ex-Convivial brewer sets up brewpub
Conor Donoghue, the former master brewer at Convivial pub group, has set up a microbrewery in a London pub to serve craft beers alongside beer-inspired British food
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NewsBaskin-Robbins signs new Cineworld deal; eyes expansion
Baskin-Robbins hopes to secure a further 80 high street locations across the country over the next five years, M&C Report has learnt, as the ice cream shop operator announces an extension to its deal to operate at Cineworld cinemas
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Locals Club acquires first pub
New pub company Locals Club has acquired its first pub in London and plans to open three to four more pubs in the next five years, M&C Report has learnt
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SMEs support transparency in lending
Fleximize, an alternative finance company, has published research stating that 65% of SMEs believe banks should be forced to provide details of SMEs they have rejected for funding to alternative lenders
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NewsDunkin’ Donuts builds UK pipeline
Dunkin’ Donuts, the doughnut retailer and cafe chain, has signed up a third franchisee who will open 25 sites over the next five years as has secured several new outlets for openings over the coming months, M&C Report has learnt
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Market Place owners secure second site
The owners of the long-running Market Place Italian restaurant in Chelsea have acquired the lease of a restaurant in South Kensington to open a sister to the original site
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Scottish leisure veteran acquires Beanscene chain
Stuart McKenzie, the Scottish leisure entrepreneur, has acquired the 10-strong Beanscene coffee chain and the Fifi and Aly cafe businesses from Fiona Hamilton
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MWB removes foie gras from menus
MWB Holdings, the owner of Hotel du Vin and Malmaison, has become the latest UK operator to remove foie gras from the menus at its 28 hotels and restaurants nationwide following a campaign by animal rights charity PETA
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NewsBrewDog attacks Portman
BrewDog, the Scottish brewer and pub operator, has attacked Portman Group after the company’s Dead Pony Club brand was blacklisted by Portman’s Independent Complaints Panel
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City of London moves closer to late-night levy
The City of London Corporation’s licensing committee has unanimously agreed to introduce a late-night levy, after the authority consulted on the fee for the second time in five months
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BBQ gastro-pub concept secures first site
Smoke and Grills, a gastro-pub barbeque concept, has secured its first site in Surrey and plans to acquire an additional five sites across the rural London area in the next three years
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NewsDrinks firms on track to remove one billion alcohol units
The drinks industry is on track to meet its target of removing one billion units of alcohol by 2015, having reached 25% of the target in the first year (2011-2012), a new report shows
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NewsKFC sets out UK expansion plans
KFC is planning to create up to 6,500 new jobs with the opening of 150 additional outlets in the UK and Ireland over the next five years
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FY EBITDA up 14.9% at Richoux
Richoux Group has this morning reported a 14.9% rise in EBITDA for the year to 29 December 2013.
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NewsPub sector 'in best shape for three decades'
The pub sector is in the best shape its been for three decades and it has plenty of scope to grow and take market share as the economy improves, according to leasing analyst Geof Collyer in an extensive report on the UK’s pub and restaurant industries
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NewsCollyer raises TP for major pub groups
Leading analyst Geof Collyer of Deutsche Bank gives a generally upbeat assessment of six major listed pub companies. He raised his Target Price for all but Enterprise and upgraded Mitchells & Butlers (M&B) from Hold to Buy
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NewsCollyer issues Hold for TRG
Leading analyst Geof Collyer has initiated his coverage of The Restaurant Group (TRG) by issuing a Hold recommendation and 700p Target Price, saying the Frankie & Benny’s and Chiquito operator is “well established” to retain its strong performance over the past decade
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NewsApollo acquires Tragus, Derkach to step down as CEO
John Derkach is to step down as chief executive of Tragus after Apollo Global Management, which already held the majority of the group’s debt, acquired the business from Blackstone. Steve Richards has been appointed as the c300-strong group’s new chief executive