All news articles – Page 1538
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Marston’s sold pubs to minimise regulatory risk
Marston’s disposed of more than 200 pubs to a property investor in November in part to reduce its “exposure to the potential effects of government intervention”, according to chief executive Ralph Findlay
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Shep Neame launches branded coffee concept
Kent brewer and pub operator Shepherd Neame has launched a branded coffee concept to raise its tenants’ revenues.
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Searcys 'likely to be sold in entirety'
Searcys has moved to dismiss speculation that the group is likely to be split up as part of the sales process for the upmarket restaurant, bar and catering company
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L’Escargot gets new owners
L’Escargot, the landmark restaurant in London’s Soho, has been acquired by a new group led by Brian Clivaz, chief executive of Langan’s Restaurant and Groupe Chez Gerard co-founder Laurence Issacson
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Balfour-Lynn secures third pub
Richard Balfour-Lynn, the founder of MWB Group Holdings, the former owner of the Hotel du Vin and Malmaison chains, has secured his third pub in London, after acquiring the Distillers in Smithfield
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MTY targets other F&B concepts for UK
MTY Food Group, the Canadian quick service restaurant operator, has had interest from potential UK franchisees for two other F&B concepts as the company eyes expansion of its Mexican brand Mucho Burrito in Britain, M&C Report has learnt
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M&C20 delivers flat performance
The M&C20 Index was flat this week, as growth for the two biggest companies was mitigated by share price dips for seven of the top 10 firms. The Index underperformed the FTSE All Share Index, which was up by 0.8%
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D’Acampo secures Lakeside site
My Pasta Bar, the new fast-casual Italian restaurant fronted by TV chef Gino D’Acampo, has secured its second site at the Lakeside shopping scheme in Essex
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Byron launches loyalty scheme
Byron, the Hutton Collins-owned burger chain, has launched a new loyalty scheme under the banner the Byron Burger Club
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Former EAT FD joins D&D
Mark Hulley, formerly of EAT, the sandwich shop chain, has joined D&D London, the international restaurant group formerly known as Conran Restaurants, as its new finance director
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Dorbiere expansion continues
Dorbiere Pub Group, the operator of freehold pubs across northern England and the Midlands, has bought a further two pubs and hopes to add another five to 10 this year, managing director Ebrahim Mukadam has told M&C Report
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Co-operative makes renewed bid for Gay Hussar
Goulash Co-operative, which was set up to prevent the disappearance of the Gay Hussar, the Soho-based restaurant, has made a renewed bid to acquire the famous celebrity hangout
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Little Gems eyes acquisitions
Little Gems Country Dining, the pub operator owned by Steve Wilkins, is on the verge of acquiring its fourth site and is looking to grow to five by the end of the year
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La Sala fundraising reaches £3.2m
James Horler, current interim chief executive of Red Hot World Buffet, has already raised £3.2m towards the launch and roll out in the UK of La Sala, the famous Spanish restaurant
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Marston's adds five sites
Marston’s, the brewer and pub operator, is adding five new sites to its estate worth a total of £20m
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Loungers FY sales to top £33m
Sales at Loungers, the Piper-backed cafe bar operator, for the year to the end of April are projected to be in excess of £33m, over 50% up on the previous 12 months, M&C Report has learnt
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Abokado plans 10 in 2014
Abokado, the London-based chain of healthy food bars led by Mark Lilley, plans to open 10 new sites in the capital this year
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London and south drive Enterprise growth
Enterprise Inns’ like-for-like net income growth was significantly higher in London than elsewhere in Q1 2014, with a flat performance in the Midlands despite growth of 1% overall
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Late Knights targets pub acquisitions
Late Knights, the south east London-based brewery set up by former Fuller’s manager Steve Keegan, could grow its pub portfolio from one to seven by the end of the year, M&C Report has learnt
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Zoopla founder acquires Harry Morgan brand
Alex Chesterman, the founder of Zoopla and investor in businesses such as Ceviche and Bounce, has acquired the Harry Morgan brand from the First Restaurant Group (FRG)