All news articles – Page 160
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Mamma Dough acquired out of administration
Five of the pizza group’s seven sites will continue trading after it was acquired by the owners of The Exhibit bar in Balham
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Hostmore appoints McEwan as permanent CEO
Julie McEwan took up the post of interim CEO on 10 January 2023, after former CEO Robert Cook stepped down from the role.
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Restaurant Group reports ‘encouraging trading’
Like-for-like sales at Wagamama were up 2% for the 13 weeks to 2 April 2023 but down 4% with its Leisure division, with the group to accelerate its previously announced rationalisation programme
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Hush Collection to expand Haché Brasserie concept
The group has sold its Haché Burger site in Clapham to grow the Brasserie concept, with a focus on larger sites and an expanded all-day offer
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Sessions adds Taiwanese concept Baohaus to portfolio
The bao concept, launched by Eddie Huang in NYC, will be rolled out across Sessions’ London and Brighton venues as well as delivery kitchens across the UK
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Liberation Group sees strong start to year
The group reported sales in its UK managed pub estate were up 4.7%, for the 12 weeks to 22 April 2023, with Cirrus Inns now successfully integrated into its Butcombe Pubs and Inns business
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Hostmore reports significant loss for FY22
The group, which operates Fridays, 63rd+1st and Fridays and Go, recorded a loss of £91.9m for the 52 weeks to 1 January 2023, compared to a profit of £11m the prior year.
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Greene King achieves +60% increase in group revenue for FY22
The pub company and brewer reported adjusted operating profit of £192.6m for the 52 weeks to 1 January 2023, compared to £18.6m the prior year, with the new financial year to be one of continued investment
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Heineken to invest £40m in pub upgrades
Around 570 sites in the Star Pubs & Bars estate are due to benefit from investment, with a key focus on its neightbourhood locals as more pubgoers are choosing to visit a pub that is closer to home
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What does the rise in wildfires mean for fine wine?
Smoke taint signals danger for winemakers. California producers are on a crash course in coping strategies — taught by their Australian counterparts, according to the FT
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UK business confidence increases for fifth month in a row, survey shows
Institute of Directors index returns to levels last seen just before Russia’s invasion of Ukraine in 2022, The Guardian reports
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Calls for VAT cut to halt string of nightclub closures
Ten nightclubs are closing every month in Britain as pressures continue to weigh on the sector, The Times reports
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No food and cheap beer fuel pubs chain’s growth
A northern pubs company is bucking a national trend of closures by acquiring locals that are close to calling last orders or are already boarded up, The Times reports
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Jamie Oliver cooks up a new restaurant chain
The celebrity chef is launching a new chain of upmarket restaurants in Britain, only a year after administrators finished winding up Jamie’s Italian, The Times reports
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Openings of the week
MCA rounds up this week’s biggest openings stories, featuring PizzaLuxe, Gail’s and more
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Sector ‘incredibly frustrated’ by timing of new train strike dates
The Aslef union has confirmed three 24-hour strikes will be held on 12 May, 31 May, and 3 June, involving 16 train companies
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Punch partners with Eden Project
The pub company has partnered with the Eden Project as part of a pledge to reduce its carbon footprint and increase biodiversity across its estate by enhancing its pub gardens
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Mowgli enjoys ‘strong year’ with significant revenue rise
The Indian street food restaurant group, founded by Nisha Katona, saw revenue up 214%, to £26.9m, in the full year to 31 July 2022
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First Night Time Economy Advisor appointed for West Midlands
Restauranteur Alex Claridge has been appointed to the role and will act as a champion for the region’s pubs, clubs, bars and restaurants
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Black Sheep Coffee makes MD promotion
The coffee shop business promoted Isobel Childs to the role of managing director, from finance director, earlier this month