All news articles – Page 1483
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Ed’s Easy Diner to explore options
Ed’s Easy Diner is thought to have carried out a beauty parade of advisors as it considers a number of strategic options to aid the next stage of its development
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Vital appoints advisors as it considers funding options
Vital Ingredient, the London-based tossed salad-to-go concept, has appointed advisors as it seeks to secure private equity funding to aid its next stage of development
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Europe drives Q1 BK sales growth
A strong performance across Europe, helped Burger King report a 2% increase in comparable sales for the first quarter of the year
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Pitt Cue Co in talks on second site
Pitt Cue Co, the American-style BBQ concept, is believed to be in talks on opening a second site in London, in Old Street.
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Britvic launches new dispense solutions into on-trade
Britvic is launching a range of new carbonate draught dispense solutions into the on-trade to help pubs deliver “the perfect serve every time”
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Simit Sarayi targets UK
Turkey-based bagel operator Simit Sarayi, one of the biggest eating-out chains in the country, is targeting a launch in the UK
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KTT agrees tie-in with fellow Thai brand
Koh Thai Tapas (KTT), the Thai tapas restaurant group, has entered a “brand tie-up” to begin the process of becoming incorporated with Mango Thai Tapas, a Southampton-based tapas bar that has been trading since 2007
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Amber nears 100-site milestone
Amber Taverns, the operator of wet-led community pubs, has continued its expansion with the acquisition of a former Bramwell Pub Company site in Derbyshire, and is in the process of adding a further four, M&C Report has learnt
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LV to dispose of Red Door site
Living Ventures, the Tim Bacon-led group, is to dispose of its Red Door bar and lounge site in West Kirby
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Operators secure Brunswick openings
A number of operators, including Itsu, have secured units at the Brunswick shopping centre in Bloomsbury
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Detox Kitchen opens first standalone site
Detox Kitchen, the grocery and deli concept, has opened its first standalone deli site in London’s Soho
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Wraith Trading acquires two pubs
Wraith Trading, the pub group led by John Wraith, has secured a pub in London and one in Surrey as it targets expansion in the capital and the Home Counties
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Porky’s looks ahead to third site
Porky’s, the London-based American BBQ restaurant concept, is looking to acquire a third site in the capital following the opening of its second eatery in Bankside in June
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La Patisserie des Reves secures second UK site
La Patisserie des Reves, the Parisian boutique patisserie concept, has secured its second site in the UK, in London’s South Kensington
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Greenwich Tavern owners take Camino site
The brothers behind The Greenwich Tavern are set to open a new venture on the site of the former Camino unit in Canary Wharf
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Analyst corner
Three leading analysts look ahead to Whitbread’s full-year results on Tuesday 29 April. Tim Barrett at Nomura has issued a Buy recommendation, while JP Morgan Cazenoze has an Overweight rating for Whitbread, and Geof Collyer at Deutsche Bank issued a Hold rating
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M&C20 stocks stay flat against rising market
Leisure company shares were flat this week as the M&C20 index increased a mere 3 points to 1,253, missing out on wider stock market gains. The All Share Index rose 16 points to 1,043
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Cloverleaf founders form joint venture with Holts
Joseph Holt, the Manchester-based brewer and pub operator, has entered a joint venture with Cloverleaf Restaurants founders John Winder and Gary Douglas to acquire and develop sites for a number of new-build pub restaurant concepts, M&C Report has learnt
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Starbucks reports strong UK improvement
Starbucks has said that is has seen a strong improvement in the performance of its UK operation since the start of the year, aided by its enhanced breakfast offer, healthier options and an “improved economic environment”
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Starbucks reports first drop in UK sales
Starbucks suffered its first ever drop in UK sales last year, a period in which the company became the subject of criticism over its tax affairs