All news articles – Page 171
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Last chance to secure your place at MCA’s Retailers’ Retailer Awards
Book your tickets today and celebrate with the best of the hospitality sector at MCA’s prestigious annual awards on 14 March
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Tim Hortons planning move into travel hubs
The Canadian QSR brand is looking to expand into transport locations as part of plans to open 25-30 sites this year, with “significant growth” planned thereafter
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EG Group’s foodservice business makes ‘good progress’
The Leon owner said the ongoing growth of its foodservice business was supported by an increase in outlets globally
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The Alchemist makes senior promotions
David Oxtoby has been promoted to director of operations, while Michelle Gandy has been made director of finance, as the business gears up for international expansion
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Wingstop UK targets 50+ estate by end of 2024
The brand, run in the UK by Lemon Pepper Holdings, is aiming for a £100m run rate turnover, co-founder Tom Grogan tells MCA
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Chopstix acquires Chozen Noodle
The Asian QSR brand has acquired competitor Chozen Noodle for an undisclosed sum, including all 27 of its sites in Motorway Service Areas
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WatchHouse coffee has further nine UK sites in the pipeline
Founder Roland Horne told MCA’s Food To Go Conference he was “very bullish” about growth opportunities
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Domino’s gains share of takeaway market
The pizza company hailed the reset of its relationship with franchise partners in 2021 as underpinning a strong performance in 2022
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Consultation on alcohol advertising in Scotland closes today
Pubs and bars are urged to make their voice heard, with the potential for widespread consequences and added costs for the on-trade
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Starbucks boosts sales but sees profits slide
The coffee shop brand saw UK sales exceed pre-pandemic levels, but wage and cost inflation led to a dip in profits
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St Austell appoints new directors
Kate Price will join the company in May as its new people director, while Laura McKay has been promoted internally to the role of marketing and communications director
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Big Mamma announces fifth London restaurant
The Italian-inspired, French-founded restaurant group will open Carlotta in Marylebone Village in May for its “most intimate trattoria yet”
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Marston’s markets 61 freehold pubs
The assets are a selection of non-core properties, include a mix of leased, tenanted, retail and managed pubs
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TRG to offload 35 sites from Leisure division
The Restaurant Group reported a statutory loss before tax of £86.8m, as its leisure division was hit by cost-of-living and inflationary pressures
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Rare Restaurants confirms two closures
The steak restaurant group has confirmed the closure of M in Victoria and Gaucho in Smithfield as it looks to optimise its portfolio, with like-for-like growth at 24%
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Oasis threatens to push for removal of TRG boss
The activist investor has called for the Wagamama owner to reduce debt, reduce interest, and resume dividends as it is rumoured to be weighing up a potential sale of its pubs business
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Tortilla appoints head of IT
Andrew Brook, who has held senior IT positions at Itsu, Pod, and Wholefoods, will be responsible for evolving the fast casual Mexican concept’s IT strategy
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Greggs sees opportunity for more than 3,000 sites
The food-to-go operator has reported robust like-for-like trading, with total sales of £1,513m in 2022, and looks to grow through both new openings and channels
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Revolution Bars faces headwinds
The group announced £76m in sales for H1 FY23, with transport strikes, declining consumer confidence, record hot weather, and cost inflation impacting profitability
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UKHospitality calls for urgent Ofgem intervention
CEO Kate Nicholls has written to Grant Shapps, the secretary of state for energy security and net zero, calling for suppliers to be taken to task for “unscrupulous behaviour towards hospitality”