All news articles – Page 1565
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NewsGaming machine trade body urges machine tie ban
A group representing suppliers of coin-operated gaming machines has reiterated calls for the pubco machine tie to be outlawed
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Bonnie Gull lines up second site
Bonnie Gull, the seafood restaurant concept, has announced plans to open second site in central London
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Greek investor acquires Camden Barfly
A private Greek investor has acquired the freehold of iconic London music venue, the Camden Barfly, from property company Solitaire Group for £3.8m – a 5.5% yield
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Analyst corner
Leading analyst Nicholas Batram of Peel Hunt looks ahead to forthcoming trading updates from Domino’s, The Restaurant Group (TRG), Spirit Pub Company, JD Wetherspoon, Mitchells & Butlers (M&B) and Cineworld
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NewsM&C20 outperforms FTSE as majority provide returns
There was little movement in share prices over the new year across the M&C20 Index as it again outperformed the FTSE All Share Index, though Domino’s staged a mini-recovery (up 3.6% to 514p) and Essenden enjoyed quite a leap (up 9.1% to 36p)
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Gerard to develop site with Charles Wells
Chris Gerard, the founder of pub group Innventure, is to develop and open a venue in partnership with Bedford-based brewer and pub operator Charles Wells under a new venture called Apostrophe Pubs
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NewsFestive trade: how was it for you?
M&C Report speaks to a number of leading operators about how trade fared over the festive break
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OFT warns on pubco intervention
The Office of Fair Trading (OFT) has warned the Government that plans to intervene in the tenanted pub model could lead to higher rent for tenants and higher prices for customers
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New Greek concept secures Ping Pong site
Bakaliko, a new Greek eat-in and grocery concept, is set to open its first site after securing the Ping Pong unit in London’s Paddington Street
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NewsPublic 'will demand intervention on obesity'
It’s “only a matter of time” before people will demand measures such as higher taxes on unhealthy foods and more regulation to influence diets, according to a new report from a think tank
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NewsJack: TRG capable of sustaining double-digit growth
Ahead of its full-year trading update next week (9 January), a leading analyst has said that The Restaurant Group (TRG) should be capable of sustaining double-digit earnings growth over the medium-term, whilst paying off almost all its debt
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NewsMaple Moose targets UK expansion
Maple Moose, the dessert bar concept that launched in Ireland in 2008, has secured outlets for its first two openings in the UK and expects to reach 10 sites here by the end of the year, managing director Hans Parker has told M&C Report
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Palmers PBT falls 19.4%
Palmers, the Dorset-based brewer and pub operator, has reported a drop in profits and turnover in the year to 31 March 2013 as it suffered from poor weather and the Olympic “stay away factor”
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Danciger leaves M&S
Jason Danciger has stepped down as head of hospitality at Marks & Spencer (M&S) to become F&B Director at The Garden Centre Group
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NewsVarsity Bars targets growth
Varsity Bars, a new company that last month secured 18 former Bramwell Pub Company venues, is targeting an estate of 30 sites and will look to diversify the retail offer, operations/area manager Christian Kent has told M&C Report
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Jongleurs to reveal expansion plans
Jongleurs, the comedy club brand, is to make announcements in the new year about its plans for expansion, finance director Marios Lourides has told the comedy industry website Chortle
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Buenos Aires eyes Horsham opening
Buenos Aires Restaurants, the steakhouse chain, is in talks to regarding opening a ninth site in the south east
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Cash sets up consultancy firm
Steve Cash, who stepped down as brand operations director for Mitchells & Butlers (M&B) Harvester and Miller & Carter chains at the end of the last year, has set up his own consultancy firm
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Miller & Carter set for Hereford
Mitchells & Butlers (M&B) is close to securing a further site for its steakhouse concept Miller & Carter (M&C) in Hereford
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Aikens to close Chelsea restaurant
Michelin-starred chef and restaurateur Tom Aikens is to close his eponymous flagship restaurant in Chelsea