All news articles – Page 154
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Yolk seeks £1.75m to fund London expansion
The premium food to go brand is aiming to “disrupt the monotony” of the UK grab-and-go food scene, according to its Growthdeck pitch
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Cooks Coffee counts cost of delayed openings
The Esquires and Triple Two operator saw revenues down 10% amid supply chain disruptions
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Gaucho hails ‘phenomenal’ regional recognition
The steakhouse restaurant group has won over influential customers outside London by supporting local charities and attracting high profile footballers and reality TV stars, CEO Martin Williams tells MCA
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Admiral invests £1m in Proper Pubs
The community pub division, which has more than 170 sites across Britain, has invested the funds in four pubs in Middlesbrough, Harlow, Preston and Wigan
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Issa brothers combine Asda and EG Group
The “transformational combination”, which includes over 1,000 food-to-go locations, will leverage Asda’s loyalty scheme and bring together convenience, fuel, grocery, foodservice and omnichannel retailing
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FinnCap: Activist pressure on TRG likely to continue
Activist pressure will likely remain despite all resolutions passed with the requisite majorities at the AGM, albeit finnCap sees “considerable upside” for the group
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Food inflation falls for first time in two years
Milk, butter and fruit have seen a reduction in inflation – which fell to 15.4% in May, from 15.7% in April, according to the latest figures British Retail Consortium and Nielsen
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Low levels of optimism by hospitality leaders
Less than a third (29%) of hospitality leaders are optimistic about the future of their business over the next 12 months, due to high energy and food costs, a new survey has found.
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Neat Burger valued at $100m
The London-based vegan fast-food chain, backed by Lewis Hamilton, has boosted its valuation in a new funding round aimed at fuelling US expansion
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Whitbread exploring sale of restaurant brands
The FTSE100 business is understood to be exploring the potential sale of its Beefeater chain and its other restaurant brands in order to focus its efforts on its hotel chain Premier Inn.
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Scottish recycling scheme ignites fresh constitutional spat with Westminster
The drinks industry says Edinburgh’s deposit return programme is impractical, The Financial Times reports
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UK mid-market dining chains fight for survival
The Financial Times explores how squeezed consumers and inflation are punishing groups that expanded beyond city centres
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Half-term rail strikes to cost hospitality industry £132m
The May strikes will bring the impact of the year-long dispute to £3.25 billion, according to UKHospitality, The Times reports
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This is the reality of running a small restaurant in Britain right now
Sales may be back to pre-Covid levels, but inflation is eating into profits, restaurant owner Mandy Yin writes for The Guardian
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Asda finalising £10bn merger with EG Group
The billionaire Issa Brothers are planning to combine EG Group with Asda this week, according to Sky News and the Evening Standard
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The Sidemen to open first high street restaurant
The YouTube collective plans to expand their fried chicken brand, Sides, to a further 10 locations this year, the Evening Standard reports
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HGEM acquired by Volaris Group
The guest experience platform will come under the umbrella of catering management company CaterTrax, owned by Toronto-based software group Volaris
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Oodles Chinese to scale to 45 sites
The Indo-Chinese QSR concept has opened its 36th site in Walsall, with plans for a further nine locations underway
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Pret’s Guy Meakin takes on shops and franchise director role
Clare Clough has returned as MD, with Meakin overseeing shops, franchise, and property
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Greggs partners with Sainsbury’s on concession
The two retailers will share space on the forecourt at Sainsbury’s petrol station in Biggleswade, with further openings planned across the UK this year