All news articles – Page 17
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Liberation Group makes two senior appointments
Jayson Perfect, previously group managing director at the pub operator, has been appointed chief operating officer, whilst Jamie Queen, previously marketing director at Thomas Cook, will join Liberation Group as chief growth officer.
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UKHospitality urges government to cap business rates rises
With the Budget approaching, trade bodies have also urged the Chancellor to reduce VAT, adding the recession is ’hugely concerning’ for businesses and consumer confidence
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Tortilla ends partnership with Deliveroo
Tortilla has confirmed Uber Eats and Just Eat as its partners following a review of the brand’s delivery strategy, as part of a wider initiative to drive EBITDA margin and profitability
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Knoops sees record start to 2024
Store revenue for the chocolate drink specialist increased 23% on a like-for-like basis, with FY24 turnover expected to more than double vs FY23
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Former Wear Inns portfolio brought to market
The pub group’s 25 sites, comprising 21 freeholds and four long leaseholds, are on the market after it entered into administration in November 2023
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Heston Blumenthal calls on Companies House to tackle fraud
The chef has called on the register to protect businesses from fake listings, with his Knightsbridge restaurant one of those targeted
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Megan's sales up 10% in January
The 19-strong all-day neighbourhood operator, which is chaired by Rod McKie, has secured four new sites for 2024
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Costa Coffee named Nation’s Favourite
In the annual Allegra World Coffee Portal survey of more than 5,000 UK consumers, 51.6% named Costa as their favourite chain for the 14th year in a row
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Richard Lewis to step up as RedCat group CEO
The pub investment vehicle has announced Richard Lewis is to become group CEO, following Kevin Charity’s retirement as CEO of the Coaching Inn Group
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Hydes Brewery commences multimillion investment programme
The Salford-based pub operator invested over £4m in its estate in 2023 and has committed to a seven-figure investment programme through 2024
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Apollo ‘in talks’ for Alshaya Starbucks franchise
The private equity firm Apollo Global Management is interested in acquiring a minority stake in the Middle East, North Africa and central Asia Starbucks, according to a Reuters report
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Rhubarb Hospitality Collection reports full recovery
The high-end restaurant company, which operates the F&B offer at venues including Royal Albert Hall and Sky Garden, reported £38.1m in turnover for 2022
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Krispy Kreme faces continued pressure on profitability in UK
CEO Josh Charlesworth said the doughnut chain is taking action to improve profitability as it reports lower volumes in the UK in FY23
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Honest reports double-digit sales growth in December
The strong performance has continued into 2024 with 12% like-for-like growth versus January 2023
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Gabby Logan to host MCA Hospitality Awards
The broadcaster and sports specialist will reveal the best concepts, companies and leaders at The Guildhall on 14 March
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Retail and delivery drive growth for Nero Group
In the UK, the Caffè Nero brand reported £200m in sales, representing overall growth of 10.1% between June to November 2023
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Westmorland boosts turnover and continues inward investment
The business, which operates service stations including Tebay, Gloucester, and Cairn Lodge, invested £6m in its estate in the year to July 2023
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Azzurri Group delivers revenue growth across brands
The ASK Italian and Zizzi operator has seen a 9.3% increase in revenues, and is continuing to invest at record levels with £22.2m of capital investment in 2023
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F1 Arcade: ‘The potential of AI is legitimately exciting’
The competitive socialising concept is trialling the use of artificial intelligence across departments, exploring how it can enhance productivity, operational intelligence, and consumer engagement
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SSP acquires ARE in Australia
Airport Retail Enterprises operates 62 airport outlets in Australia with anualised sales of around £100m