All news articles – Page 1551
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NewsJack: M&B trading to have picked up
A leading analyst has said that he expects LFL trading to have picked up over the last two months at Mitchells & Butlers (M&B), due to an improved sector backdrop, investment, IT roll out and efforts to improve service standards
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Faucet Inn secures former Bramwell site
Faucet Inn has secured the Oak Tree pub in Kent, a former Bramwell Pub Company site, for an opening next month
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Ed’s and Chopstix open at intu Midsummer Place
Intu has strengthened the catering offer at its Midsummer Place scheme in Milton Keynes with two new openings within the 60,000 q ft Boulevard area, Ed’s Outside and Chopstix
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Byron secures Clapham Common site
Byron, the Hutton Collins-owned burger chain, has secured a further site in London, after finally completing on a unit near Clapham Common tube station
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Forum secures seventh site
Forum Café Bars will open its seventh site this spring, with the launch of a new pub restaurant, the British Oak Ale House
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NewsTGI secures Pesto site
TGI Friday’s has secured its first site in Liverpool after exchanging on the Pesto restaurant site in the Liverpool One scheme
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McDonald’s denies tax avoidance claims
McDonald’s has moved to rebut claims that it was avoiding hundreds of millions of euros in taxes every year in France through an unlawful scam
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Luminar raises £21k for Echo Trust
Luminar, the nightclub operator, has raised more than £21,000 for its nominated charity, the Echo Trust
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Collyer cuts JDW profits and earnings forecast
Leading analyst Geof Collyer has downgraded his profit and earnings expectations for JD Wetherspoon following its Q2 update yesterday, which he described as “the usual curate’s egg”, with improving like-for-likes but warnings of lower margins
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NewsJack: Fuller's has upgrade potential
Leading analyst Douglas Jack has reiterated his Add forecast for Fuller’s ahead of its Q3 interim management statement on Thursday, saying that it has “further upgrade risk”.
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AG Barr forecasts strong Q4
AG Barr, the soft drinks company, says it expects total revenue in Q4 to be c5.5% ahead of the previous year
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Landlords seeing value of small fine-dining venues
The trend for small fine-dining venues looks set to continue in 2014 after a flurry of deals last year
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NewsFormer Loch Fyne MD to lead Tortilla
Tortilla has appointed Richard Morris, former managing director of Loch Fyne Restaurants, as its new managing director to oversee its next stage of growth
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NewsBath Ales signs Russia export deal
Bath Ales, the brewer and pub operator, has signed a deal to export its beers to Russia
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NewsAngelBerry launches fundraising for 'aggressive' expansion
AngelBerry, the Bristol-based frozen yoghurt operator, is bidding to raise £150,000 for an “aggressive” expansion drive over the next three years that would see it grow from six to c100 outlets globally
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TRG’s Page: time to take a step back
Out-going TRG chief executive Andrew Page told M&C Report that he felt the time had come to take step back from the industry and its “relentless” nature
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NewsWhitbread chairman to step down
Whitbread has announced that Anthony Habgood will step down as chairman later this year
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NewsSSP hires Lazard for IPO launch
SSP, the travel concessions operator, has reportedly hired investment firm Lazard to advise on its market debut
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Tesco secures Carluccio’s head of marketing
Tesco has further strengthened its Family Dining division with the appointment of Paschalis Loucaides, formerly of Carluccio’s, as its head of marketing
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NewsSubway to accelerate UK and Ireland expansion
Subway has announced plans to grow to 3,000 UK and Ireland stores by 2020, taking it above rivals including McDonald’s and Greggs