All news articles – Page 15
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NewsWendy’s: ‘We’ve seen real momentum in the UK’
CEO Kirk Tanner says the fast-food brand’s quality differentiation is resonating with UK consumers, giving him confidence to grow the market and create a springboard into Europe.
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NewsLiberation Group makes two senior appointments
Jayson Perfect, previously group managing director at the pub operator, has been appointed chief operating officer, whilst Jamie Queen, previously marketing director at Thomas Cook, will join Liberation Group as chief growth officer.
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NewsUKHospitality urges government to cap business rates rises
With the Budget approaching, trade bodies have also urged the Chancellor to reduce VAT, adding the recession is ’hugely concerning’ for businesses and consumer confidence
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NewsTortilla ends partnership with Deliveroo
Tortilla has confirmed Uber Eats and Just Eat as its partners following a review of the brand’s delivery strategy, as part of a wider initiative to drive EBITDA margin and profitability
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NewsKnoops sees record start to 2024
Store revenue for the chocolate drink specialist increased 23% on a like-for-like basis, with FY24 turnover expected to more than double vs FY23
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NewsFormer Wear Inns portfolio brought to market
The pub group’s 25 sites, comprising 21 freeholds and four long leaseholds, are on the market after it entered into administration in November 2023
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NewsHeston Blumenthal calls on Companies House to tackle fraud
The chef has called on the register to protect businesses from fake listings, with his Knightsbridge restaurant one of those targeted
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NewsMegan's sales up 10% in January
The 19-strong all-day neighbourhood operator, which is chaired by Rod McKie, has secured four new sites for 2024
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NewsCosta Coffee named Nation’s Favourite
In the annual Allegra World Coffee Portal survey of more than 5,000 UK consumers, 51.6% named Costa as their favourite chain for the 14th year in a row
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NewsRichard Lewis to step up as RedCat group CEO
The pub investment vehicle has announced Richard Lewis is to become group CEO, following Kevin Charity’s retirement as CEO of the Coaching Inn Group
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NewsHydes Brewery commences multimillion investment programme
The Salford-based pub operator invested over £4m in its estate in 2023 and has committed to a seven-figure investment programme through 2024
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NewsApollo ‘in talks’ for Alshaya Starbucks franchise
The private equity firm Apollo Global Management is interested in acquiring a minority stake in the Middle East, North Africa and central Asia Starbucks, according to a Reuters report
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NewsRhubarb Hospitality Collection reports full recovery
The high-end restaurant company, which operates the F&B offer at venues including Royal Albert Hall and Sky Garden, reported £38.1m in turnover for 2022
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NewsKrispy Kreme faces continued pressure on profitability in UK
CEO Josh Charlesworth said the doughnut chain is taking action to improve profitability as it reports lower volumes in the UK in FY23
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NewsHonest reports double-digit sales growth in December
The strong performance has continued into 2024 with 12% like-for-like growth versus January 2023
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NewsGabby Logan to host MCA Hospitality Awards
The broadcaster and sports specialist will reveal the best concepts, companies and leaders at The Guildhall on 14 March
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NewsRetail and delivery drive growth for Nero Group
In the UK, the Caffè Nero brand reported £200m in sales, representing overall growth of 10.1% between June to November 2023
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NewsWestmorland boosts turnover and continues inward investment
The business, which operates service stations including Tebay, Gloucester, and Cairn Lodge, invested £6m in its estate in the year to July 2023
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NewsAzzurri Group delivers revenue growth across brands
The ASK Italian and Zizzi operator has seen a 9.3% increase in revenues, and is continuing to invest at record levels with £22.2m of capital investment in 2023
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NewsF1 Arcade: ‘The potential of AI is legitimately exciting’
The competitive socialising concept is trialling the use of artificial intelligence across departments, exploring how it can enhance productivity, operational intelligence, and consumer engagement