All news articles – Page 1491
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News
Hospitality colleges benefit from People 1st scheme
Hospitality colleges that have enrolled on the skills development charity People 1st’s accreditation scheme, in association with the Hospitality Guild, have seen increased revenue and higher quality of applicants to the courses, the group has said
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Didix acquires two UK dining gift card companies
Didix, Netherland-based gift card and leisure promotion company, has acquired UK Gourmet Society, a subscription based dining club, and Restaurant Choice, the restaurant gift voucher scheme provider
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TGI unveils step-change menu
TGI Friday’s, the Karen Forrester-led restaurant group, has unveiled its new menu choices that demonstrate a step-change in its offerings
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Fuller's buys two London riverside sites
Fuller’s, the London brewer and pub operator, says it continues to seek new acquisition opportunities after buying two freehold sites on the bank of the River Thames
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NewsZolfo Cooper Profit Tracker - the results
M&C Report, in partnership with Zolfo Cooper, the leading financial advisory firm, has created the Profit Tracker to chart the growth of the most successful privately-owned operators within the vibrant pub, restaurant and quick-service sector
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NewsCharterhouse targets expansion as FY EBITDA grows 13.2%
Charterhouse Leisure, operator of the Coal Grill & Bar brand, has reported a 13.2% rise in company EBITDA to £727,000 for the year to the end of February and said it plans to grow from six to about 24 sites over the next three years
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NewsTGI Friday’s UK FY lfls rise 3.6%
TGI Friday’s UK has reported a 3.6% rise in like-for-like sales in the 52 weeks to 29 December 2013 and said its most recent openings are performing “in excess of expectations”
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West Cornwall Pasty Company sold in pre-pack deal
More than 200 jobs have been saved after Enact, the £7.5m SME fund launched by private equity house Endless, agreed to acquire 35 West Cornwall Pasty Company outlets and stores, together with the brand
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NewsM&C20 suffers record fall as leisure stocks slide
The M&C20 suffered the biggest fall of its 11 month history, as shares in leisure sector stocks plunged 3.6% this week
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Tesco developing food-to-go format
Tesco is understood to be developing a high street ‘Tesco Express food-to-go’ store format as it looks to compete with the likes of Pret A Manger and EAT across the lucrative lunchtime market
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NewsPizzaExpress secures prime Manchester site
PizzaExpress has secured the former Le Relais de Venise L’Entrecote site in Manchester for an opening later this year
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NewsGiggling Squid grows pipeline
Giggling Squid is in talks to secure a further five sites, as it gears up to open three new units over the next three months
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SSP opens new US diner concept at Newcastle airport
SSP has opened two new concepts at the new £14m development at Newcastle International Airport’s departure lounge, including an American-style diner called The Flying Hippo and another of its Beer House outlets
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Drinks Group eyes further Chilli White openings
The Drinks Group, a vehicle formed out of remains of the former Yellowhammer estate, is looking to add further sites under its Chilli White restaurant and bar brand
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NewsJDW negotiates for UK’s biggest pub
JD Wetherspoon is in negotiations with Ramsgate council to acquire the Royal Victoria Pavilion, which could be the UK’s biggest pub
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Restaurant delivery service Meals.co.uk comes to London
Meals.co.uk, the restaurant food delivery start-up company, is launching its service in London following a one-year trial in Bristol and Bath
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NewsMan’oushe Street eyes 200 UK and Ireland sites
Man’oushe Street, the Dubai-based Arabic street food concept, is looking to build a significant presence in the UK and Ireland, with at least 200 sites targeted over 10 years, founder and chief executive Jihad El Eit has told M&C Report
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Masala World confirms Chutney Mary relocation
MW Eat (Masala World) has confirmed that it will relocate its Chutney Mary site to the original Wheeler’s of St James’s restaurant and bar in London’s Mayfair
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Pita Pit secures new franchisees
Pita Pit, the North American-based healthy fast food concept has secured two further franchisees as it looks to expand in Leeds and London
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Hakkasan brings Chrysan to the market
Hakkasan has placed Chrysan, its fine dining Japanese restaurant in the City, on the market, a year after it closed the site