All news articles – Page 1633
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NewsClink secures third site; reaffirms expansion plan
The Clink, the charity that operates restaurants staffed by prison inmates to help with their rehabilitation, is to open its third site at HMP Brixton in South London, M&C Report has learnt
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New coffee bar/restaurant set for Covent Garden
A new coffee bar/restaurant concept featuring a takeaway called Proper is set to open in London’s Covent Garden
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AG Barr half-year volumes grow 4.2%
AG Barr, the soft drinks company, has reported a 12.3% rise in pre-tax profits to £16.6m in the six months to 28 July as it grew volumes sales by 4.2% over the period
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NewsLeon to ramp up expansion plans
Leon, the healthy fast food chain, plans to open a further four sites by the end of the year, and up to a further eight in 2014, including more in transport hubs
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Ignite Group appoints Leon FD as CFO
Ignite Group, the owner of the Bumpkin, Eclipse and Boujis chains, has appointed Matt Jones, formerly of Leon, as its new chief financial officer
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NewsTesco begins Decks rollout
Tesco is to begin the rollout of its new casual dining format, Decks, with the opening of a second site at its Extra store in Broadstairs, Kent
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NewsPresse Cafe 'interested in UK'
Les Cafes VP, the Canadian operator of the Presse Cafe concept, is interested in launching in the UK, a spokeswoman has told M&C Report
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Clevely: new concept could suit high streets
Greenwell & Tipple, the new venture from Geronimo Inns founders Rupert and Jo Clevely, could target high-street sites for further expansion and will focus solely on the upcoming Refreshment Rooms brand, M&C Report has learnt
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Welcome Break CEO McKie becomes Tossed chair
Rod McKie, the chief executive of Welcome Break, has become chairman of Tossed, the London-based salad bar concept led by Vincent McKevitt, as it gears up to open four sites in the next two months
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NewsM&C20 underperforms against FTSE
The M&C20 underperformed against the FTSE All Share this week despite a strong performance from Punch Taverns
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Steakout eyes franchise expansion
Steakout, the three-strong London-based halal steak chain, has announced plans to expand across the UK under franchise
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Red Mist launch pub & grill format
Red Mist Leisure, the Surrey-based multiple pub operator, will open its fifth site and the first under a new pub & grill format in Farnham, this November.
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NewsJust Falafel considers IPO
Just Falafel, the UAE-based fast-food chain, which made its debut under franchise in the UK last year, is considering an initial public offering (IPO)
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Pubs of Distinction eyes next stage of growth
Pubs of Distinction, the London-focused multiple operator, has secured its third site in the capital, in the City, and is understood to be close to acquiring a fourth unit near Holborn
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NewsWagamama gets green light for Chichester
Wagamama, the Duke Street-backed chain, has finally received planning permission to open a unit in Chichester
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Analyst corner
Wayne Brown of Canaccord Genuity says his confidence in The Restaurant Group’s (TRG) outlook and market positioning has been “significantly enhanced” after a site visit to TRG’s Coast to Coast and Frankie & Benny restaurants in Brighton
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Sector second most affected by rate swaps
The pub, restaurant and hotel sector is the industry second most affected by costly interest rate swaps, according to campaign group Bully-Banks
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NewsFY EBITDA stable at Gaucho
Gaucho, the Argentinean steakhouse concept led by Zeev Godik, reported flat EBITDA growth in its last financial year, as interest payments and the closure of its Beirut site impacted turnover
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Vince Power sells North London bar
Vince Power, the music entrepreneur who founded the Mean Fiddler live music venue group, has sold a north London bar for £1m to the operators of the former Wax Jambu bar in Islington
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NewsRusso's eyes UK launch
Russo’s New York Pizzeria, the c30-strong American restaurant chain, is looking to enter the UK under franchise and hopes to open up to 15 sites here, M&C Report has learnt