All news articles – Page 186
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Coffee#1 to debut inside M25
The coffee chain has announced three new openings to extend its presence in the Southeast and Midlands, with its first launch inside the M25
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RedCat: ‘Headwinds will create opportunities for us to grow’
The pub investment company, led by Rooney Anand, achieved adjusted group EBITDA of £7.2m, with a net loss after tax of £5.4m in its first full financial year
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Mission Mars continues strong momentum
The Albert’s Schloss and Rudy’s Pizza operator has reported a 26% rise in like-for-like sales over the Christmas period, attributed to record sales in both brands
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Punch Pubs looks to capitalise on post-pandemic bounceback
The pub operator has rebounded strongly and is looking to maximise profitability and pursue strategic acquisitions
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Easterbrook banned over ‘false statements’
The former McDonald’s CEO was fined $400,000 and agreed to a five-year directorship ban after misleading investors over inappropriate personal relationships with staff
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Dame Karen Jones appointed as Whitbread non-exec
Winner of MCA’s Retailers’ Retailer of the Year in 2022, Jones joins Whitbread’s board and remuneration committee
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New energy scheme will see £4.5bn bills hike
The £5.5bn scheme has no sector-specific help, and the lower level of support will be unsustainable for many hospitality businesses, UKHospitality has warned
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Glendola Leisure: ‘We are in good shape’
The 17-strong operator has worked to rationalise its business and is now ready to take advantage of growth opportunities, MD Alex Salussolia tells MCA
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Fridays revamps loyalty scheme
Customers can now win ‘stripes’ on all menu items, which they can then redeem on food and drink, in a bid to reward customer behaviour rather than simply spend.
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Profits up at Laine Pub Co
The Fortress-backed operator delivered a solid performance in 2022, despite challenges with Omicron in Decemeber 2021
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Robert B. Cook steps down from Hostmore
Julie McEwan, currently chief operating officer of Fridays, has been appointed interim CEO while a permanant replacment is sought
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Scoffs Group appoints group operations director
The largest franchisee of Costa Coffee in the UK has appointed Luke Daines as group operations director
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Punch Pubs revenue recovers
The pub operator has reported a revenue of £284.4m and a loss after tax of £3.1m for the year ended 14 August 2022
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Tortilla stays resilient through 2022
Tortilla has reported group revenue of £57.7m for FY22, with Q4 like-for-like revenue growth 16% up vs FY19 despite challenging trading conditions
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Beer vouchers and half-price tickets help firms beat the blues
Firms are trying new ways to persuade consumers to keep splashing out, The Sunday Times reports
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Britain proves its supersize appetite for American fast food
State-side brands are seizing on Five Guys’ success to break UK market, The Telegraph reports
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Crippling train strikes force London hotels and bars to put staff on zero hours
Hotels in the Square Mile say occupancy rates have been hit by this week’s strikes, the Evening Standard reports
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Train strikes revealed to have cost London £180 million in a single week
London will have been hit far harder than other regions, the Evening Standard reports
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Famed A-list haunt Julie’s closes its doors after 53 years
One of London’s celebrity dining destinations has closed, with Savills appointed to sell the Holland Park institution, the Evening Standard reports
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Brewhouse sees festive like-for-like sales up 15%
The brewpub group attributed to the growth, not just to it being the first Covid restriction free Christmas since 2019, but also the strength of its festive offer and hard work of its teams.