All news articles – Page 1656
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Rileys collapsed owing c£49m
Rileys, the snooker and pool hall operator that was bought out of administration late last year, collapsed owing c£49m to unsecured creditors, including £14.8m to landlords and £3.2m to HM Revenue & Customs, a new report shows
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Parogon to open third site
Parogon Pub Company will open its third site, the Orange Tree Bar & Grill in Trent Vale, next month, after an 18 month-refurbishment programme
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Jones Bar Group lines up new openings
Jones Bar Group, the Leeds-based bar and restaurant operator, has lined up three new openings in the city for the next six months
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Fazenda expands; new funding
The Brazillian ‘rodizio’ restaurant concept is expanding with a second site opening in Liverpool this autumn and more to follow in Manchester and Birmingham, M&C Report’s sister title Big Hospitality reports
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Rocksalt to double up
Rocksalt, the Surrey-based champagne bar concept, is to open its second site in the county next month
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Groupon UK launches Local Hub service
Groupon UK has launched a new online deal search function the UK called Local Hub that enables customers to search for offers in their city via an online map
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Pizza Hut prepares digital push
Pizza Hut is to use social media and mobile marketing to give customers a more personal online experience as part of a wider advertising push to celebrate its 40th anniversary
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High-end dining destination for Manchester
Plans to “evolve” The Avenue, one of Manchester’s most exclusive shopping streets, into a eating and drinking destination have been revealed
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TCG passes charity fundraising halfway point
TCG, the managed pub operator, has passed through the halfway point of £35k in its fundraising for Cancer Research UK
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McLachlan secures deli and cafe
John Paul McLachlan, the chef in charge of the restaurant at the MacDonald Marine Hotel & Spa in North Berwick, has taken over Bunney’s deli and cafe in the town
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Aston Manor reports strong profit and sales growth
Aston Manor Brewery, the Birmingham-based cider maker, saw pre-tax profits rise from £1.6m to £2.7m in 2012 as it reported a sixth successive year of double-digit growth
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40% increase in apprenticeship take up
HTP Training Ltd (HTP) has reported a 40% increase in the number of 16-18 year olds taking part in apprenticeship programmes over the past 12 months
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Jack: TRG will be weaker in H2
Leading analyst Douglas Jack has predicted that H1 results for The Restaurant Group (TRG) will be stronger than in the second half, which would have been hit by the good weather and tough comparatives
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Walsh joins United Spirits
Paul Walsh, the former chief executive of Diageo, has joined the board of Indian drinks group United Spirits, of which Diageo is a major shareholder
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Gatecrasher defends itself over counterfeit alcohol
Gatecrasher, the operator of the iconic nightclub brand, has defended itself over reports of one of its former venues selling counterfeit alcohol
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Cameron cool on sector VAT cut
David Cameron has said the leisure and hospitality industry has made a “very good argument” for a reduction in VAT but was cool on the prospect of such a tax cut occurring
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Yau to open first pub
Alan Yau, one of the UK’s most revered and influential restaurateurs, has been confirmed as the new owner of the Endurance Pub in Soho’s Berwick Street, which he plans to reopen as a Chinese gastro pub, early next year
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Byron secures Hammersmith site
Byron has secured a further site in London, in Hammersmith, which will become its 30th in the capital when it opens in early November
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FY turnover at YO! tops £62m
YO! Sushi, the Quilvest-backed, Robin Rowland-led chain, saw turnover increase by 9% to £62.6m in the year to 25 November 2012, as it opened nine new sites in the UK and a further two overseas, including its first in the US
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Prezzo builds Cleaver pipeline
Prezzo has lined up two further sites for Cleaver, its new chicken, burgers and ribs concept, which is set to become its third growth brand