All news articles – Page 18
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McDonald’s UK turnover dips by £14m
The QSR giant said it has invested in the customer experience across high street stores, drive-thrus, and delivery to mitigate the impact of challenging retail footfall
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Tasty raises £9.25m
Proceeds will be used to invest in the group’s existing restaurants; tech and operations; acquisitions; and provide working capital support to deliver its revised growth strategy
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Buzzworks appoints Robert Cook as non-exec chair
The former chief executive of Hostmore, Malmaison, and Hotel du Vin joins Buzzworks as the Scottish operator looks to expand into accommodation
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Dishoom receives investment from L Catterton
The Indian restaurant group has brought in outside investment for the first time, with the US-headquartered global investment firm set to support Dishoom in exploring international opportunities
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Tasty announces £9.25m fundraising to invest in growth
The casual dining operator has proposed to change its name to Bow Street Group and appoint David Page as executive chairman, with aspirations to deliver four to six acquisitions over the first three years
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Gaucho announces new leadership appointments
Pedro Nunes joins from the Ivy Collection as operations director for London, amid multiple promotions as new CEO Baton Berisha implements his growth strategy
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Openings of the week
MCA rounds up the week’s biggest openings stories, featuring Rudy’s, Arcade Food Hall, Supernova, JUNK, The Salad Project, and more
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Adnams appoints CFO
Andy Driscoll has significant financial leadership experience across logistics and FMCG at the likes of Valeo Snackfoods, Kettle Foods and Constellation Cold Logistics
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TriSpan extends backing of NAYA
The US-based fast-casual concept has scope to scale to c200 sites, with additional funding from Pacific General Equity Partners and Kline Hill Partners
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Co-op launches food-to-go concept
The retailer is launching a chain of mini stores to compete with food-to-go specialists like Greggs and Pret, serving items like smoked salmon, egg and spinach pots; sweet potato bhaji wraps; teriyaki chicken salad bowls; and a range of pizzas
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Punch summer EBITDA ahead of 2024
The pub group also revealed further details of a successful refinancing, which saw it issue £600m in senior secured notes and a £70m revolving credit facility
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Stonegate sales soar 90% for Women’s Euro Final
Smirnoff Red with a mixer was the most popular drink on Sunday, with glasses of Prosecco also featuring in the top drinks sold on Sunday
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Côte Brasserie to roll out exclusively with Deliveroo
Due to be available at 60 restaurants in 31 cites, the French restaurant concept is targeting delivery as a key growth channel.
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Wingstop latest opening shatters global weekly sales record
The UK business is set to complete a record year of expansion, with 20 new openings planned by the end of 2025
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Starbucks sees ‘continued momentum’ in the UK
Comparable sales are in the low single digits, driven by a focus on service, beverage consistency, food innovation and labour investments to support peak operating hours, according to CEO Brian Niccol
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Park Chinois appoints administrators
The high-end Chinese restaurant and club, which was founded by Alan Yau, is part of Sofija Mehta’s Island Hospitality group, which also has outposts in Ibiza
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Greene King invests £42m in H1
The pubco invested in 130 of its pubs and smokehouse restaurants over the first six months of 2025, with a total of 10 Hickory’s restaurants to open this year
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Simmons Bars restructures, closes four sites
The cocktail bars group filed 13 notices of intent to appoint administrators across a number affiliated limited companies
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Continue Arcades targets 80+ venues
The retro gaming concept has signed a deal to open its first 10 franchised units in the South of England
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Starbucks ‘ahead of schedule’ on turnaround plan
The coffee giant reported its sixth consecutive quarter of same-store sales decline, albeit CEO Brian Niccol revealed plans to ”unleash a wave of innovation that fuels growth and elevates customer service”