All news articles – Page 1506
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News
Punch invests £1.1m in Sheffield pubs
Punch Taverns, the tenanted and leased pub company, says it has invested £1.1m in its pubs in Sheffield in the past year
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Bill’s secures Nottingham site
Bill’s Restaurants, the Richard Caring-backed chain, has secured a site in Nottingham for an opening this summer
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Camille’s eyes UK debut
Camille’s, the American ice cream bar operator, is planning to make inroads into the UK market this year, M&C Report has learnt
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Grillstock begins rollout
Grillstock, the fledgling barbecue concept, has secured its second site in the South West, in Bath
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FY PBT up at Adnams
Adnams, the Suffolk-based brewer, pub operator and distiller, has reported a rise in pre-tax profit from £3.2m to £4.1m for the year to the end of 2013, while turnover increased 6.3% to £60.5m.
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Eclectic EBITDA grows 13%; acquires food-led bar brand
Eclectic, the bar group led by Reuben Harley, has reported a 13% rise in pre-adjusted EBITDA to £1.7m in the six months to December 2013, and also announced the acquisition the Lowlander Bar and Brasserie in London’s Covent Garden, together with the Lowlander brand, which it hopes to rollout nationally
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Tesco invests in new deli-diner concept
Tesco has made a further foray into the UK’s eating-out sector, investing in a new deli-diner concept called Fred’s Food Construction, which has been developed by Paul Goodale, former director of restaurants at Harrod’s, and Daniel Gestetner, founder of global frozen yoghurt brand Yoomoo
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Orchid leasehold package placed on market
Leaseholds of 10 pubs run by Orchid Pub Company have been placed on the market with Fleurets, M&C Report has learnt
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Investec initiates TRG coverage with at a Buy
James Hollins, leading analyst at Investec, has initiated his coverage of The Restaurant Group (TRG) at a Buy with a 755p target price
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Tossed in Welcome Break link up
Tossed, the London-based salad bar concept led by Vincent McKevitt, is to link up with Welcome Break, Britain’s biggest motorway services operator
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Wahaca closes in on Cardiff site
Wahaca has moved closer to making its regional debut, after applying for a licence to open a site in Cardiff
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Soho House gearing up for Chicken Shop rollout
Soho House is gearing up to launch multiple sites under its Chicken Shop and Dirty Burger brands and is starting to look at possible opportunities for both concepts outside London
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Busaba Eathai seeks new MD
Alan Yau’s casual-dining Thai chain Busaba Eathai is seeking a new managing director, after Jale Erentok stepped down from the role she has held for the last two years
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Stonegate steps up Bramwell conversions
Stonegate expects to have converted or begun converting six of the 78 pubs that it bought from Bramwell Pub Company by the end of this month, M&C Report has learnt
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H+H seeks new FD
Harris + Hoole is in the process of recruiting a new finance director, after the promotion of Eleni Savva to the role of programme director for casual dining at Tesco Family Dining
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Fine & Country targets expansion
Fine & Country Inns, the new venture headed by Gary Hunt, previously chief operating officer of nightclub group G4 Leisure (formerly Brook Leisure), hopes to expand by one or two sites per year for the foreseeable future, M&C Report has learnt
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City Pub Co buys flagship London sites, extends banking facilities
City Pub Company, the Enterprise Investment Scheme (EIS)-funded pub operator, has secured two flagship central London sites and an extra £7m in banking facilities as it looks to exceed its 2014 rollout target
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Carmichael named Springboard’s FutureChef winner
Anna Carmichael, a 15-year-old from Bellerive FCJ Catholic College, Liverpool, yesterday held off the challenge of 11 other budding chefs to be named FutureChef 2014
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Brooke to open third Red Dog site
Tom Berk, who previously worked as a restaurant and events manager at companies, including Conran Restaurants and Carluccio’s, is to open a third site in London under his Red Dog brand
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Bank funding underpins Comptoir expansion
Levant Restaurants Group has expanded into Kent and Surrey with Comptoir Libanais, its Lebanese fast-casual concept, thanks to a £1.6m loan from NatWest