All news articles – Page 1590
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News
Cineworld to anchor intu Potteries
Intu has announced Cineworld as the anchor tenant for the new leisure extension at intu Potteries, its Stoke-on-Trent based shopping centre
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Rents stable on new pub leases
The average annual pub rent for new leases in England and Wales stayed stable at £24,939 during the third quarter of 2013
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Mahiki founder eyes more sites for US concept
Nick House, the co-founder of popular late-night venues Mahiki and Whisky Mist, would like to duplicate his new Steam & Rye concept in “venues dotted over London”, the Evening Standard reports
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NewsH1 volume sales up 5% at Miller Brands UK
SABMiller has announced that its UK subsidiary, Miller Brands UK (MBUK), grew domestic lager volume sales by 5% in the six months to 30 September 2013
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Smashburger CEO steps down
Smashburger, the US better-burger chain, which has declared an interest in launching in the UK, announced yesterday that its chief executive Dave Prokupek had stepped down and has been replaced by its president Scott Crane
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McDonald’s trials custom-made burgers
McDonald’s is trialling custom-made burgers in selected stores in California and Illinois, which allows diners to make selections on an iPad
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Cineworld CEO to step down
Steve Wiener, chief executive and founder of Cineworld, is to step down next year after 18 years with the business
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Iberica sets out expansion plans
Ibérica Restaurants, the Spanish group led by two-Michelin-starred chef Nacho Manzano, is actively looking to expand outside of London with plans for up to 10 UK sites in the next five years
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NewsEnd of the road for Tuk Cho
Mitchells & Butlers (M&B) has agreed to sell its Tuk Cho branded site in Ealing Broadway to Bill’s, the Richard Caring-backed group, M&C Report understands
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NewsEclectic raises £15m on proposed AIM admission
Eclectic, the Avanti Capital-backed bar and club operator led by Reuben Harley, has successfully raised £15m through its proposed admission to trading on AIM on 28 November
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PBR Leisure in administration
PBR Leisure (PBRL), the bar and restaurant operator, has been placed into administration, M&C Report has learnt
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NewsEnterprise eyes managed move
Enterprise Inns is considering a move to directly manage its better pubs, and also to introduce turnover-related rents, chief operating officer Simon Townsend has told analysts
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Trade welcomes alcohol-related stats move
The pub trade has broadly welcomed a move by Public Health England to alter the way it reports alcohol-related hospital admission statistics
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Palmers launches Academy of Beer
Palmers, the Dorset brewer and pub operator, has launched an Academy of Beer to help its tenants serve beer better
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Coffer: 2013 busiest for M&A in six years
Coffer Corporate Leisure, which provides M&A advice to the leisure sector, says this year has been its busiest period since 2007, having advised on over £200m of leisure investment transactions in 2013
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NewsPing Pong secures Stratford site
Ping Pong, the dim sum chain led by Art Sagiryan, has secured its 10th site in the UK, after taking a site at Westfield Stratford for an opening early next year, M&C Report understands
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Ex-Wabi London site on market
A lease on the site of the former Wabi restaurant in London’s Kingsway, which closed earlier this year after parent company Wabi London was placed in administration, is on the market
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Eastwood joins Inventive
Kate Eastwood, former head of sales and marketing at Bramwell Pub Company, has joined Inventive Leisure as it new director of business development, M&C Report understands
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TCG extends cask loyalty scheme
TCG, the managed operator, is to extend its cask ale loyalty scheme into 2014 after seeing sales grow 30% during its latest Proud of Our Ale festival
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Rileys to operate Sports Café site
Rileys is to take over the running of the high-profile Sports Cafe site in Haymarket, central London, M&C Report understands