All news articles – Page 1627
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News
McDonald’s US trials electronic loyalty card
McDonald’s is rolling out an electronic loyalty program in about 570 US locations as it seeks to attract younger customers
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Jack: Domino's lfls ahead of expectations
Leading analyst Douglas Jack of Numis has issued a Buy recommendation for Domino’s after its trading update this morning, saying that its Q3 like-for-likes were ahead of his expectations
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Domino’s to open student union site
Domino’s Pizza Group is set to launch a trial site in Newcastle University’s student union, as it continues to explore opportunities in non-traditional trading areas, M&C Report understands
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NewsLfls up 4% at Domino’s
Domino’s Pizza Group has this morning reported a 4% increase in like-for-like sales for the 13 weeks to 29 September 2013 (2012: +3.7%), with like-for-like sales for the year to date up by 5.6% (2012: 5.1%), despite the impact of “an extended period of unusually warm weather”
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Charles Wells plans 13 brewery redundancies
Charles Wells, the Bedfordshire brewer and pub operator, has announced plans to restructure its brewing arm Wells & Young’s in a move that could see up to 13 jobs lost in its production department
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Investors circle Yalla Yalla
A number of private equity groups are currently engaged in talks to invest in Yalla Yalla, the Lebanese restaurant concept
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NewsPunch helps tenants lift food profits
Punch Taverns has announced a partnership with CaterCost, a web-based software system, to help tenants design their own menus and increase food profits
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FY sales at ETM forecast to top £30m
ETM Group, the London-based operator led by Tom and Ed Martin, expects its full-year turnover to pass the £30m mark next year as it looks to open two further sites in the capital
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NewsFurther departures at Novus
Karen Davies and Paul Glenn, human resources director and head of recruitment respectively, have become the latest departures from Novus Leisure, the LGV Capital and Hutton Collins-backed operator of premium bars and restaurants
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NewsJack cuts Marston’s forecast
A leading analyst has cut his 2013E forecast for Marston’s by 3% following Mitchells & Butlers’ (M&B) poor September update and the pick-up in disposal activity
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Cinnamon Kitchen to launch mobile unit
Cinnamon Kitchen, the City-based restaurant, is to launch a mobile Indian street kitchen concept called ‘Joho Soho’ at festivals next year
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Momo Leisure folds
Momo Leisure, the bar operator that runs a number of Jongleurs comedy venues, has folded, according to the publication for the comedy industry Chortle
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NewsCollyer: M&B needs to deliver on its business re-engineering
A leading analyst has said there is now now a lot riding on the Mitchells & Butlers (M&B) chief executive Alastair Darby’s commitment at the company’s final results in November to some harder targets now that he has been in situ for over a year
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ASK raises £250k for charity
ASK Italian has completed its nationwide charity tour, which is set to raise £250k for Great Ormond Street Hospital Children’s Charity
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William Grant turnover grows 1.4%
William Grant & Sons, the premium spirits producer, saw turnover grow 1.4% to £1.06bn in 2012, although operating profit fell from £126.3m to £124.8m
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Innis & Gunn FY turnover grows 23%
Innis & Gunn, the Scottish brewer, has reported a 23% rise in turnover to £9.1m in 2012 as UK volumes grew 10%
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Rollo upgrades Enterprise Inns
A leading analyst has upgraded his price target for Enterprise Inns from 140p to 200p and said he thought there was a good chance that the group’s like-for-like sales will be positive in H1 2014 and sees its 19 November final results as a key catalyst
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Laventure leaves Budweiser Budvar UK
Budweiser Budvar UK has announced the departure of Joe Laventure as sales director
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NewsLe Bistrot Pierre secures expansion fund
Le Bistrot Pierre, the highly-rated French restaurant chain, has secured a new multi-million pound financing deal that will see the 10-strong group double the number of its outlets over the next four years
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Theobroma to make UK dedut
Theobroma, the Australian chocolate café brand, has chosen Touchwood Solihull for its first site in the UK this autumn