All news articles – Page 169
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Danieli Group outlines expansion plans
The north east leisure operator has plans to expand its Stack food hall and live music concept to more than 10 sites over the next five years, following a strong sales performance
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Stonegate delivers ‘creditable’ performance
Britain’s biggest pub and bar group grew revenues to £1.6bn in the full year to September 2022, with adjusted profit before tax of £66m. The business said disposals of non-core pubs was a strategic option to drive value
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Gong cha strengthens senior team amid expansion push
The bubble tea concept has made three senior appointments as it plans to double its UK estate to 21 stores this year
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Small Batch Coffee closes three sites
The Stefan Allesch-Taylor-backed brand has faced increased competition in Brighton & Hove from Flour Pot Bakery, Trading Post Coffee and Wolfox
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RMT votes to accept Network Rail pay offer
The breakthrough is likely to end the most disruptive strike action, although RMT members at 14 train operators will still strike on 30 March and 1 April
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Next chapter for Starbucks as new CEO steps up
Laxman Narasimhan has officially started his new role after an intensive five-month immersion into the company, succeeding company founder and now former CEO, Howard Schultz
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Turtle Bay to open largest location to date
The 500-cover restaurant on 245 Hammersmith Road will be the Caribbean-inspired group’s 48th venue in the UK
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Vagabond appoints new ops director
The experiential wine bar operator has appointed former Megan’s operations director Christobell Giles
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Dimbleby resigns as government food tsar
The co-founder of Leon has quit his role at Defra, criticising the government for its “insane” inaction on the nation’s obesity crisis.
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Government criticised for omitting hospitality workers from shortage occupation list
UKHospitality said the decision not to include overseas restaurant and bar workers in its shortage occupation list was “disappointing”
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Grind completes £15m investment round
The coffee business, which also completed on the acquisition of ready-to-drink coffee company Bottleshot, will use some of the funds to expand its coffee shop estate
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Silicon Valley Bank’s collapse shows going public was right move, says Deliveroo boss
CEO Will Shu has warned the SVB collapse threatens the tech cash crunch, The Telegraph reports
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Microbes on the farm: a solution for climate change?
Evolving technology is enhancing soil’s ability to store carbon and mitigate the environmental effects of industrialised farming, the Financial Times reports
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Scotland’s overseas food and drink exports reach record high of £8.1bn
Rural Affairs Secretary Mairi Gougeon welcomed the positive figures amid the cost-of-living crisis, the Evening Standard reports
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Openings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from Gaucho, Dishoom, The Botanist, and more
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Chick-fil-A looks to make UK return
The Atlanta-based chicken chain is planning to launch in five international markets by 2026, following its first attempt to debut in the UK in 2019
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Spring Budget tackles labour shortages and alcohol duty
Trade bodies have welcomed the extension of draught duty relief but condemned the lack of further support for the sector
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Deliveroo reports progress towards profitability
The delivery company has reported preliminary FY22 results, with gross profit up 30%, revenue up 14%, and gross transaction value up 9% year-on-year
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In pictures: Retailers’ Retailer Awards
The very best of the hospitality sector gathered at The Roundhouse on Wednesday to celebrate the industry’s success stories, with Jane O’Riordan winning the ultimate accolade
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Beer duty freeze welcomed
While the draught duty relief has been lauded by the sector, wine and spirits are still set to see a duty rise