All news articles – Page 2
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Tortilla revenues drop in H1 amid new strategic vision
The fast-casual Mexican group says it has seen “early signs of progress” against a newly outlined strategy to improve UK profitability and invest in brand growth
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Hospitality to play ‘critical role’ in reducing economic inactivity
UKHospitality has backed government’s plans to reform the employment support system, and get Britain working again
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Krispy Kreme sells majority stake in Insomnia Cookies
Verlinvest and Minstral Equity Partners have taken majority ownership as the dessert concept looks to continue expanding in the UK
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In pictures: Costa unveils refreshed New Oxford Street store
The new design, which has also been rolled out at the brand’s Tooley Street site, offers touch screen ordering and a dedicated collection point to speed up service
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Sector questions PCA ability to enforce code
Attendees at the annual Tied Tenants Survey event questioned why some tenants fall within and others outside the Pubs Code Adjudicator’s remit
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Skills England a ‘positive step’ for sector
The new body aims to bring together the fractured skills landscape, and create a shared national ambition to boost the nation’s workforce
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Jillian MacLean awarded the Freedom of the City of London
The CEO and founder of bar and restaurant group Drake & Morgan was awarded the honour for her leadership and innovation within the the hospitality industry.
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Fuller’s sees inflation easing and margins recovering
The premium pub company has reported continuing trading momentum with strong like for like sales growth of 5.3% for the first 16 weeks of the financial year
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How Taco Bell’s biggest UK franchise collapsed into administration
T Bello Group, which was sold to Karali Group in a pre-pack for £3.5m saving 46 Taco Bell restaurants, suffered “severe liquidity challenges” after a rapid debt-fuelled expansion
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Second Cup seeks to revive UK estate
The Canadian coffee chain, which used to operate 11 sites in the UK, is seeking a master franchise partner to rebuild its presence
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Morgan Davies joins The Padel Group
The Barburrito founder has been appointed as a non-executive director as the Cheshire-based group looks to expand further into padel courts
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JW Lees reports another record year
The brewer and pub operator has announced revenues of £96.8m, with a view to invest in its existing estate while proactively seeking new opportunities
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WH Smith considering hot food offer
The retailer is exploring the rollout of hot food to its travel and hospital stores, as it continues to expand its food and drink offer.
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Puttshack promotes Logan Powell to CEO
Powell had served as global president and chief financial officer since 2019 and is succeeding Joe Vrankin, who was the company’s CEO in the UK
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Boxpark to close inaugural Shoreditch site
After occupying the site for 12 years, the business has reached the expiration of its lease and notice has been served by landlords Bishopsgate Goodsyard
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Arc Inspirations reports bumper sales during Euros
The bar business’ five BOX-branded venues saw sales grow more than 300% during England matches, with group like-for-like sales growth of 79%
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Grind partners with British Airways
A range of speciality coffee will be available to purchase on all short-haul BA flights from London Heathrow and London Gatwick
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Pret ends five-coffees-a-day subscription deal
As part of major changes to its Club Pret loyalty offer, from September Pret will offer 50% off up to five barista made drinks a day for a monthly fee of £10
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Nightcap shareholders approve plan to go private
The bar group believes as a private company it will have access to investors more likely to support its strategy of consolidating the late night sector
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Roadchef returns to profit
The motorway services operator is looking to increase the diversity of its offer and has expanded its partnership with Coco di Mama, while opening new McDonald’s drive-thrus