All news articles – Page 152
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Zia Lucia plans UK rollout
The London-based pizza chain, which operates 10 neighbourhood restaurants, has appointed Savills as it looks to roll out nationally
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Openings of the week
MCA rounds up this week’s biggest openings stories, featuring Brightside, Bancone, Proud Mary and more
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BrewDog bars help drive 20% sales growth in 2022
Its new flagship Waterloo and Las Vegas sites have performed above expectations and offer a clear example of how it sees its bar estate evolving, CEO James Watt said.
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Gusto appoints new CFO following Bandura’s departure
Phil Dearden joins the restaurant group this month following the departure of CFO Frank Bandura, who has joined Impact Food Group
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Deliveroo launches £20m summer savings campaign
From June to September, the food delivery company will introduce a range of offers, that will enable customers to save money on deliveries from local restaurants as well as grocery items.
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Gong cha looking to pick up pace of UK expansion
The global bubble tea brand is looking to pick up the pace of its expansion in the UK and is eyeing 500 stores by the end of the decade.
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Brakspear boosts senior team at Honeycomb Houses
John Gormally, former head of operations at Pitcher & Piano, joins as interim operations director, while Simone Brown has been appointed to the newly-created role of head of people.
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James Watt invests in Clean Kitchen Club
The BrewDog CEO and co-founder has revealed he is an investor in the plant-based QSR concept, which has plans to open several larger format central London sites this year.
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Non-exec departure at The Restaurant Group
Alex Gersh will step down from his role as an independent non-executive director and chair of the audit committee in July
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Sir Ivan Menezes dies
The former Diageo CEO, who passes away following a brief illness, was hailed as “one of the finest leaders of his generation”
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Adnams reports £1.2m operating loss for FY22
Despite significant pressure on its underlying cost base, the business reported a £7m rise in revenue to £64.2m, and a positive EBITDA of £2.7m for the period.
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Comptoir Group: ‘We have an extremely strong base from which to leverage growth’
The Lebanese restaurant group is close to completing on a site in greater London, and is in discussions with new franchise partners to open up access to other travel hub and leisure locations
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Hostmore sees further fall in like-for-likes
In a trading statement to accompany the group’s AGM today, the TGI Fridays operator reported a 3% decline in like-for-like sales for the 22 weeks to 4 June 2023 – down from -1% in the first 16 weeks.
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City Pub achieves 20% sales uplift; secures majority shareholding in Mosaic
The group reported a like-for-like sales increase of 13% for the first 23 weeks ended 4 June 2023, which it said would have been higher had it not been for the impact of the rail strikes.
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Chopstix opens first airport site
The Asian QSR concept has opened at London Luton Airport, marking a strategic step in its expansion plans to strengthen its position in travel hubs
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Papa John’s takes 91 UK sites in-house
Establishing a corporate-owned restaurant portfolio is part of a strategy by the pizza group to reposition its UK portfolio and drive “above average” growth in the market
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Domino’s completes sale of German associate
The pizza group received proceeds of £79.9m, which will be flowed through its capital allocation framework
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Yard Sale Pizza explores options
The brand has appointed Will Baxter and Payam Keyghobadi of Dow Schofield Watts, who advised the transactions of Banana Tree, Rosa’s Thai, Mowgli and Giggling Squid
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Chicken Cottage announces expansion drive
The 51-strong Halal fried chicken brand plans to open 20 new stores over the next two years
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Andrew Walker joins Zambrero
The former Eat CEO has joined the Metric Capital Partners-backed burrito brand as an advisor