All news articles – Page 156
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Costa now charging coffee fans £6 per cup
Costa now charging up to £6.65 for their lattes, mochas and cappuccinos, a Sunday Express investigation has found.
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Inflation is on the wane, but a longed-for sharp drop is far from in the bag
Energy bills and a tight labour market continue to cloud predictions of a steep decline by the end of the year, The Observer reports
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New activist calls for break-up of Wagamama owner as pressure builds
The Restaurant Group’s board also faces accusations of mismanagement, The Telegraph reports
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Openings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from Kerb, Perch, Gauthier Group, and more
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Full agenda revealed for MCA Pub Conference
Hear from BrewDog, Punch Pubs & Co, Admiral Taverns, Oakman Group, Rekom UK and many more at the event at the HAC London on 20 June.
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Poke House secures new investment for global expansion
The round was led by Red Circle Investments, led by Renzo Rosso, with a view to strengthening the brand’s international profile
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Liberation Group chair steps down
Richard Grainger has spent seven years with the pub operator and brewer, overseeing several M&A deals
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Fazenda reports record £20m sales
Despite record sales, the South American-inspired operator saw its EBITDA slahed in half due to inflaiton and rising labour costs
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Côte posts £145m turnover
The Partners Group-backed French brasserie brand has embarked on major investment to contemporise the brand and enhance the core estate, while also appointing a new CFO
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Grace Land buys London Fields Brewery site
The London based pub operator will launch new concept taproom and brewery concept Saint Monday at the Hacknew site
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Tension builds ahead of TRG crunch meeting
Oasis expressed its “deep concern regarding the equal treatment of shareholders”, while Royal London Asset Management has backed the TRG management team
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C&C counts £21m cost of software challenges
A system upgrade in the Matthew Clark and Bibendum (MCB) businesses in Britain has been “significantly more challenging and disruptive” than envisaged, with an impact on service and profitability
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Sales boost of £170m to trade up soft drinks
With around one in three adults saying they rarely or never drink alcohol, Britvic says there are opportunities for licensed venues to re-evaluate their approach to soft drinks and alcohol-free options
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Pret launches in Luxembourg
The new opening is another step is Pret’s expansion strategy as the brand builds its presence internationally
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Tasty appoints new FD
Gordon Browne, who has worked as FD at Oakman Group and Chopstix Group, joins the Wildwood and Dim T operator
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PizzaExpress faces opposition to staff changes
Changes to the way working hours and shifts are allocated has led to criticism from staff and the Unite union
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Greggs announces board changes
Following its AGM, Nigel Mills and Mohamed Elsarky have been appointed as non-executive directors
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Adam Handling Group makes bar director promotion
The bar and restaurant group has promoted Josh Linfitt from his role as bar manager to bar director, overseeing its three existing bars and all future openings
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Aqua Restaurants appoints Claire Clarke as new HRD
The former Big Table Group HR director joins the international restaurant and bar group from Flat Iron, where she had worked as interim people director since September
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Fall in vacancy rates is ‘significant’
The number of vacancies in the hospitality sector has fallen by 22% over the past year, according to the latest ONS data – but levels are still 48% higher than pre-Covid