All news articles – Page 176
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NewsTasty CFO to step down
Mayuri Vachhani is to step down from her role and leave the restaurant group on 31 March 2023 in order to pursue other opportunities, with Ian Davies appointed as her replacement.
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NewsBKUK: ‘We are focused on delivering the next phase of Your Burger King’
Burger King UK’s director of digital Tim Love discussed the brand’s achievements with its loyalty scheme and what its evolution will look like at MCA’s recent Hostech conference
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NewsHedge fund calls on TRG to restore market confidence
The Restaurant Group said it welcomed constructive feedback from all shareholders but disputes claims about performance and the level of Oasis Management Company’s shareholding in the business
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NewsOnline talent platform secures £29m in funding
Brigad raised a Series B round, led by Balderton Capital, in order to accelerate its growth in the hospitality sector across the UK and Continental Europe.
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from Browns Brasserie, Five Guys, Black Sheep Coffee and more
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NewsBill’s exits 12 sites due to under-performance
The business also completed a £38m refinancing of its banking facility with HSBC in March 2023
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NewsCoca-Cola: Tremendous growth opportunity for Costa Coffee
The drinks giant is preparing to ramp up the expansion of the coffee brand after being held back for three years due to the pandemic
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NewsMcDonald’s ups prices, trials saver meals
The fast food brand is increasing the price of five menu items as rising food and energy costs hit, while at the same time introducing a saver meal deal offering in the South East
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NewsRail strikes hit SSP UK trading
Revenues were 83% of 2019 in the four months to 31 January 2023, reflecting the impact of industrial action
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NewsInflation: ‘Venues are squeezing every last drop out of margins’
Price rises continue to significantly hinger hospitality businesses, despite UK inflation falling for the third month in a row
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NewsPopeyes confirms first drive-thru opening
The 17-strong fried chicken giant has confirmed seven new locations, placing it on track to open a total of 20 in 2023, including its first drive-thru in Rotherham
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NewsPasta Evangelists launches ‘headless commerce’ delivery service
The direct-to-consumer brand is serving hot pasta for delivery in partnership with Slerp
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NewsHospitality faces ‘incredibly challenging’ recruitment landscape
Vacancy rates in the sector are still 72% higher than they were pre-pandemic according to the latest data from the ONS
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NewsBAO: ‘Our app is a digital version of our universe’
The Taiwanese restaurant group is hoping to close the data loop in its business with its new app which is designed to gamify the loyalty experience, delegates at Hostech heard.
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NewsSubway explores $10bn sale
The sandwich giant, which has over 37,000 restaurants in more than 100 countries, said same-store sales climbed 9.2% last year
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NewsPret hires 250 Ukrainian refugees
The vast majority of those employed on the programme are women whose partners and families have stayed in Ukraine
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NewsTurtle Bay hosts anti-racist roadshow
It’s All About Race Roadshow (IAAR) was delivered to 47 restaurants to facilitate conversations about privilege, bias, microaggressions and anti-racism
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NewsBoparan: ‘We are looking at new ways to use robots’
The restaurant group currently has robots on trial at two Slim Chickens but is looking at ways it could expand their use to other sites and to carry out a wider range of tasks, Hostech delegates heard
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NewsCity centre footfall bounces back after rail strikes
Footfall in Britain’s city centres came back strongly last week, following several days of rail strikes in the first week of February, new Springboard data has found
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NewsHonest Burgers proposes to scrap paid breaks
The Active Partners-backed business has said it was “frankly a mistake” to introduce paid breaks during Covid – and one it could no longer afford.