All news articles – Page 1624
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Wellington PBT falls 27.2%
Wellington Pub Company, the free-of-tie leased pub operator, has reported a 27.2% fall in pre-tax profits to £6.7m in the year to 31 March 2013
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Market-restaurant hybrid trend on the rise
In response to retail chains acquiring restaurants, restaurant groups will start buying markets, as we move towards a new hybrid offer “the markaurant”, according to Chris Muller, the leading academic expert in the field of chain restaurant
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Whitbread tweaks Brewers Fayre offer
Whitbread is trialling a new food concept in three of its Brewers Fayre sites, which if successful could be rolled out to other parts of its c150-strong estate, M&C Report understands
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Byron set for Shoreditch
Byron, the Gondola-owned gourmet burger chain, has secured a further site in London, after taking a unit at the Avant Garde development in Shoreditch, M&C Report has learnt.
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Chopstix makes motorway bow
Noodle Oodle Group is to take the rollout of its Chopstix brand into the motorway sector, with the opening of units at Extra service stations
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BYOC eyes expansion
BYOC, operator of the eponymous cocktail bar concept where customers bring their own alcohol, plans to expand across the UK as it prepares to open its second site in Brighton, M&C Report has learnt
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Johnson: On verge of revival in IPO market
If the revival of the IPO market continues, the sector could see up to 10 restaurant companies go public over the coming 18 months, according to serial investor Luke Johnson
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Tapas Revolution lines up third site
Spanish chef Omar Allibhoy is understood to be lining up a third site for his Tapas Revolution concept
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Moo Grill secures third site
Moo Grill, the Argentinian café and wine bar concept backed by Alberto Abbate, has secured its third site in London, in Pimlico. The group has secured the former Pride of Pimlico site on Vauxhall Bridge Road for an opening before the end of the year. Abbate, the restaurateur behind restaurants ...
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Think tank urges new ideas on hazardous drinking
New and different approaches are needed to enable off-trade retailers to prevent hazardous drinking, according to a political think tank which is conducting research into the problem
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Five Guys closes in on Lakeside
Five Guys is understood to have secured its second site outside of London, after agreeing to take a unit at Lakeside Shopping Centre’s new £9m foodcourt in Essex
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Analyst corner
Simon French, analyst at Panmure Gordon, looks ahead to Marstons’ pre-close interim management statement next Wednesday (9 October)
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Pickles 'won't stop rates revaluation delay'
Communities secretary Eric Pickles has indicated that he won’t reverse the delay in the business rates revaluation, in an interview with Estates Gazette
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Hix takes chicken and steak to the City
Chef, restaurateur and food writer Mark Hix is doubling up on the success of Tramshed, having acquired the now-defunct Sushinho site in London’s Devonshire Square to open another restaurant under the chicken and steak concept
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M&C20 suffers third consecutive decline
The M&C20 suffered its third consecutive decline this week, down 2.3% to 1,122 - a fall that wiped £240m off the value of the 20 companies represented in the index
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Champagne & tapas concept acquires final Chez Gerard
Brasserie Bar Co, the Mark Derry-led group, has sold its remaining Chez Gérard site in Bishopsgate, after receiving “an offer we could not refuse” from a new Champagne and tapas concept
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FY EBITDA doubles at Leon
Leon has reported that EBITDA for the year to the end of 2012 more than doubled from £442k to £920.5k, in a period in which it opened two new stores
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Barburrito closes in on second London site
Barburrito is close to securing its second site in London’s Farringdon, one of two it hopes to add in the capital by the end of the yea
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Gala Coral 'eyes bingo club sale'
Gala Coral Group is due to put its 140-strong chain of bingo clubs up for sale for between £250m and £300m, according to The Times
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Chaophraya strengthens pipeline
Chaophraya has secured the first two sites for new street food concept, Thai Pad, and is closing on a restaurant in Nottingham for its core eponymous brand