All news articles – Page 162
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NewsEG Group: Foodservice represents significant growth opportunity
The group’s foodservice gross profit increased by 24% to £174.1m in Q3 2023, boosted by improved margins across the UK and Ireland
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NewsPizza Punks targets nationwide rollout
The eight-strong pizza concept plans to expand into Edinburgh, Manchester, Cardiff and Birmingham next year, with four sites in major university cities to follow
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NewsFoodservice price inflation drops for fifth month in a row
Foodservice price inflation has dipped to 16.7% - its lowest since August 2022, according to the CGA Prestige Foodservice Price Index
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NewsKricket secures funding ahead of fourth site launch
The modern Indian concept will launch in Canary Wharf, having secured a new round of funding from White Rabbit Projects alongside additional funds from the founders
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NewsCarl Traill steps down from Miss Millie’s
Traill steps down as CEO after five years with the fried chicken concept, which is targeting 100 stores in the next five years
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NewsKFC opens first little drive-thru in UK
Opening in Stafford, the new model is designed to plug the gap in smaller trade zones and for tight sites
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NewsGong cha appoints UK&I development director
Justin Goes, who spent two decades with Subway, will help drive the bubble tea concept’s UK expansion as it aims for a global estate of 10,000
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NewsDomino’s UK opens 50 stores this year
The pizza chain says it is on track to open a total of 60 stores before the end of the year, double the number opened in FY22
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NewsKnoops aims for 200 following £8.3m fundraise
The fundraising, led by a £5.5m investment from Morley Stores, will see the chocolate drink specialist debt-free press ahead with plans for 200 stores in the UK
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NewsLoungers CFO to step down
Gregor Grant, who has been part of the leadership team since 2018, will leave the company in July 2024
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NewsTRG shareholders approve sale to Apollo
In total, 93.53% TRG shareholders voted to approve the deal, which will see the Wagamama and Brunning & Price operator taken private
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NewsBerenjak goes international with Dubai location
JKS Restaurants has identified growth opportunites in the Middle East, after the group’s Sri Lankan restaurant brand Hoppers launched its first international outpost in Doha last year
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NewsClub Pret launches in France
Following its UK launch in April, the subscription service has expanded to France, while launching its first shop in Northern Ireland next month.
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NewsLoungers: Not all doom and gloom in the hospitality sector
The cafe-bar group is “living proof” that strong businesses are still capable of thriving, as it reports half year revenue up 22% to £150m
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NewsJoe & the Juice surpasses £45m turnover
Revenue for 2022 grew 66% compared to £27m the prior year, and is expected to grow by another 20-30% in 2023
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NewsNew non-executive director at Marston’s
Rachel Osborne will replace Matthew Roberts as non-executive director and chair of the audit committee, with effect from 23 January
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NewsPho continues expansion amid sales growth
The Vietnamese restaurant group reported turnover of £58.3m for the year ended February 2023, with an “extensive pipeline” of new sites being progressed
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NewsBurger King announces new chair
Lance Batchelor will join the Burger King UK board and be appointed chair from 1 December
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News‘The coolest man in food’: Remembering Russell Norman
Restautaurs and writers have paid tribute to the Polpo and Brutto founder, who has died aged 56. Described as witty, energetic, charming and stylish, he left an indelible mark on London’s restaurant scene, popularising Italian small plates and the negroni
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NewsNightclub operator swaps discos for bars as students stay in
The Danish owners of Rekom, operator of the Pryzm, Fiction and Eden brands, have hired AlixPartners to help pivot the business towards bars and away from nightclubs, The Sunday Times reports