All news articles – Page 1608
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News
H1 lfls up 8.5% as Las Iguanas
Las Iguanas, the Bowmark Capital-backed chain, has reported an 8.5% increase in like-for-like sales for the six months to the end of September and reiterated plans to expand internationally next year
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Half of high street restaurants commit to cut salt
The Department of Health has denied reports that it has dropped a salt reduction pledge from the Responsibility Deal, and said that half of all high street restaurants have committed to cutting salt in their products
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NewsBill’s secures Borough Market site
Bill’s Restaurants has secured it 14th site in London and its 29th in total, after taking the Caffe Fratelli site near Borough Market, M&C Report has learnt
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POD ready for next stage of growth
POD is ready to return to the expansion trail after 12 months of consolidation and strengthening its head office, which includes the appointment of Anton Read as operations director, M&C Report has learnt
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MTY Food Group to make UK debut with burrito concept
MTY Food Group, the Canadian quick service restaurant operator, is to make its UK debut with the launch of its Mucho Burrito Mexican brand in Brighton later this year
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NewsSmall cap gains boost M&C20
A second consecutive week of share price gains for leisure sector PLCs helped push the M&C20 index up 1.0% to 1,164. But it wasn’t enough to outperform the FTSE all-share, which grew 1.7% to a new high of 1,041
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Operators sign up for Newport scheme
Operators including Cosmo and Prezzo have signed up to take units at the Friars Walk development in Newport, which due to open in November 2015
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Leon secures Holborn site
Leon has secured a site in London’s Holborn for an opening before the end of the year, as part of plans to double the size of its 12-strong estate
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Oakman Inns recognised for sustainability credentials
Oakman Inns & Restaurants, the Peter Borg-Neal-led group, has announced that all of its eight sites have been recognised by the SRA star scheme
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New World Co secures Living Room site
New World Trading Company has secured the Living Room site in Chester, for what will become its fifth pub site next March and has a further two sites in the pipeline
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NewsCarluccio's reveals Ireland targets
Carluccio’s chief executive Simon Kossoff has revealed its target locations in Ireland following the restaurant operator’s acquisition of the brand’s franchisee in the country
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Whiting & Hammond launches loyalty card with Zonal
Whiting & Hammond, the south east-based multiple operator, has launched a customer loyalty card across its seven sites
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Operators sign up for Buckingham Gate
All Bar One, Leon, Benugo and Curzon Cinema have become the latest operators to sign up for space at Land Securities redevelopment of Buckingham Gate in London’s Victoria, M&C Report understands
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New pizza concept acquires Morgan M site
Morgan M, the award-winning fine dining restaurant based in London’s Smithfield Market overseen by Morgan Meunier, is to close after being acquired by Italian company Elite Pizza
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Krispy Kreme UK reports FY loss
Krispy Kreme UK, the Alcuin Capital Partners-backed doughnut retailer, reported a pre-tax loss of £2.8m for the year to 31 January 2013 against a £1.3m profit in 2011
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Springboard names awards shortlists
Springboard has announced the shortlist of entries of its for Springboard Awards for Excellence 2013
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ETM wins ‘London Hospitality Group of the Year’ award
ETM Group, the restaurant/bar and gastro pub operator led by Tim and Ed Martin, won the ‘London Hospitality Group of the Year’ award at the fourth annual London Lifestyle Awards
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NewsAnalyst corner
Sahill Shan at N+1 Singer looks at Greene King and says that he sees 2014 being a busy year strategically for the brewer and pub operator, as it builds on the underlying trading momentum across its key managed pub formats
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Field open for TRG to accelerate expansion
A leading analyst has suggested that The Restaurant Group (TRG) can take advantage of issues surrounding its peers to follow through with an accelerated openings programme and double the size of its estate over the next eight years
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Papa John's GB FY turnover grows 23.9%
Papa John’s GB, the fast-growing pizza delivery chain, saw turnover rise 23.9% to £28.4m in 2012 as its estate increased from 176 to 212 outlets