All news articles – Page 193
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Sapient appoints Steven Kenee as director
The corporate finance advistory firm has appointed the former Oakman chief investment officer as a director
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ThinCats backs ETM Group in £11m deal
Alternative lender ThinCats has provided over £11m in funding to ETM Group to refinance its loans and provide capital for organic growth
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Stange & Co reports recovering sales
The 10-strong pub operator announced sales were on their way to recovering to pre-pandemic levels, with a turnover of £10.7m
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Pubs could see £155m World Cup boost
The boost could give pubs a much needed lift amid a time of rising costs threatening their survival, according to small business insurance provider Simply Business
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Long-term sustainability more important than ever amid short-term crises
Sector leaders came together at a Zero Carbon Forum roundtable event to discuss the importance of more sustainable practices
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TRG partners with Jones the Grocer
The Dubai-based artisan cafe, bakery and deli concept is opening a food hall style “culinary theatre” at Heathrow Airport Terminal 2
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I am Döner secures franchise agreement with Optimum Group
The kebab concept will open in Liverpool as part of a multisite franchise agreement with Costa Coffee franchisee Optimum Group
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Trade bodies warn of closures following rail strikes
Trade associations have written an open letter to negotiating parties, warning some businesses will close their doors for the last time if strikes go ahead
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Azzurri recovers strongly in 2022
The ASK Italian and Zizzi operator posted revenues of £235.9m, an increase of £119m on last year, while EBITDA increased to £25m
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Loungers 'significantly outperforms market'
The all-day operator reported increased revenue and like-for-like sales growth, but EBITDA and profits were hit by cost pressures
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Rod McKie joins New World
The former Welcome Break and Sticks ‘n’ Sushi CEO is joining the operator as executive chairman
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White Rabbit secures backing from McWin
The specialist hospitality incubator behind Island Poke and Kricket has raised an undisclosed, multimillion pound investment from the backer of Gail’s Bakery
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Nominations open for Sustainability and Rising Star awards
MCA’s annual Retailers’ Retailer Awards return on 14 March 2023, with nominations for 11 categories now open
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Little Caesars to make UK return
The Detroit-founded pizza brand will open its first store in Derby in December, followed by two stores in London and a store in Liverpool early next year
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England vs USA game sees 32.7% increase in pub sales
The World Cup match on 25 November saw 13.1 million pints sold across the UK, alongside a rise in average dwell time and spend per head
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West End sees ‘rapid rebound’ in 2022
Shaftesbury has reported a sustained recovery in confidence and activity, driving growing footfall and spending ahead of 2019 levels.
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EG Group foodservice profits on the rise
Gross profit in its foodservice operations increased by 21% to $207m year on year for Q3 FY22, driven by acquisitions and new openings
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Greene King opens 25th Hive Pub
The Rose & Thistle in Reading opened following Greene King Pub Partners’ investment of £500,000
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Cooks Coffee Co reports strong rise in revenue
The cafe chain has announced its H1 FY23 results, with sales in its Esquires outlets up 20% and sales in Triple Two outlets 60% ahead of H1 FY22
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Marston’s reports encouraging trading
Since October, the pub operator announced like-for-like sales in managed and franchised pubs were up by 6.85% vs 2021 and 5% vs FY2019