All news articles – Page 1562
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NewsBill’s grows pipeline
Bill’s Restaurants has further strengthened its openings pipeline, including its first site in the North West, as it gears up to open its 30th restaurant next week
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Lfls up in excess of 8.5% at Rex Restaurants
Rex Restaurants, the company led by Jeremy King and Chris Corbin, saw like-for-like sales increase in excess of 8.5% in the nine months to December 2013, driven by a combination of increases in covers and average spend
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Griffiths defends industry over 'undue influence' claim
High-profile pro-beer MP Andrew Griffiths has defended the industry against accusations that it had an undue influence on the Government over minimum pricing
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NewsFive Guys ramps up South East presence
Five Guys, the popular US burger chain, has ramped up its presence in the South East, after securing new openings in Guildford and Kingston
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NewsFestive trading update part 2
La Tasca, ETM Group and Tortilla are the latest companies to talk to M&C Report about their performance over the festive season.
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Butcombe PBT falls 58.5%
Butcombe Brewery has reported a sharp fall in full-year profits and says it’s taking action against its legal advisors in relation to costs incurred to enact a break clause on a pub lease
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La Tagliatella in UK debut talks
La Tagliatella, the Italian restaurant brand owned by AmRest, the largest independent restaurant operator in Central and Eastern Europe with 700 sites, is believed to be in talks on its first site in the UK
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NewsJDW and coffee shops benefit from Woolworths demise
JD Wetherspoon and coffee shops were amongst the beneficiaries of the collapse of retailer Woolworths, according to carried out by Gateshead-based retail consultancy CannyInsights.com
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Taxpayers 'subsidising unfair practices of pubcos'
Taxpayers will subsidise the “unfair” practices of tenanted pub companies to the tune of c£33m - or potentially more than £100m - per year unless the Government presses ahead with plans to reform the tenanted model, a political think tank has told the Government
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Panino Giusto eyes rollout
Panino Giusto, the Italian restaurant chain, is in talks to add two further sites in central London to its UK estate
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Pickled Inns emerges from Flying Kiwi Inns
A new Norfolk-based company Pickled Inns has been a launched after the acquisition of two pubs from Flying Kiwi Inns, the group led by Kiwi chef Chris Coubrough and his wife Jo.
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NewsLoungers promotes Collins to COO
Loungers has promoted current finance director Nick Collins to chief operating officer (COO) to support its push through the 50-site barrier and beyond to its 2017 target of 90 sites
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NewsCote secures Bury St Edmunds site
Cote Restaurants, the CBPE-backed group, is set to open its first site in Suffolk, after exchanging on a unit in Bury St Edmunds.
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Nero appoints new head of business development
Caffè Nero, the Gerry Ford-led Italian coffee chain, has appointed Simon Thomas as its new head of business development
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Jack: Spirit’s outperformance to have continued
A leading analyst has said that he expects Spirit Pub Company’s outperformance against the sector to have continued over the last 12 weeks
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NewsSpice 2 Go eyes expansion
Spice 2 Go, the Indian takeaway chain, is targeting two city centre openings this year, M&C Report has learnt
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Tynemill reports steep fall in FY profits
Tynemill, the East Midlands brewer and pub operator that trades as Castle Rock Brewery, saw pre-tax profits fall from £314,700 to £75,000 in the year to 31 March, a period the group called “particularly challenging”.
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Jack upgrades Domino's UK forecast, expects German losses to mount
Leading analyst Douglas Jack has upgrading his UK forecast for Domino’s Pizza after the company reported a 10.9% rise in like-for-like sales in the country in Q4, although he increased his 2013 losses forecast for Germany from £6m to £7.8m
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NewsDomino's UK lfls grow 10.9%
Domino’s Pizza has reported a 10.9% rise in like-for-like system sales in UK mature stores on the 13 weeks to 29 December - “partly driven by increased digital marketing activity and more favourable timing of the Christmas break compared to last year” - and said it will transfer 13 of its 15 corporate stores in Germany to franchises
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Chinese group secures Ram Brewery
Chinese group Greenland has made its first investment in the UK after securing the Ram Brewery in Wandsworth from Minerva for a total investment of £600m