All news articles – Page 200
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Stack & Still eyeing London expansion
Pancake house Stack & Still aims to double in size over the next two years and open at least five to eight restaurants in the Capital, co-founder and CEO Paul Reynolds told MCA
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Pound falls as interest rates rise
With a rate hike of 0.75%, the biggest since 1989, the Bank of England has predicted a two-year recession and doubling of the unemployment rate
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Openings of the week
MCA rounds up this week’s biggest openings stories, featuring new launches from Big Mamma Group, Pacha Group, Loungers, and more
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JDW appoints new nomination committee chair
Ben Thorne joins as chair of the pub company’s nomination committee, taking over from Sir Richard Beckett, who retires from the board on 17 November 2022.
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Star Pubs exploring ‘work from pub’ packages
The Heineken-owned pub company said just over half (55%) of home workers would be open to working from a pub, according to its latest consumer sentiment survey.
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Industry set to lose 1 in 3 nightclubs
The recent crisis could cause nightclub closures to accelerate to 1 in 3 by the end of 2022, according to the Night Time Industries Association
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KFC UK sales continue to decline
Yum! Brands has reported its third quarter results, with KFC system sales in the UK falling by 7% in Q3 and by 3% in the year to date
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Hospitality sales down for second consecutive month
Following a 6.9% drop in sales in September compared to the same period in 2021, October sales were down 7.1% on October 2021
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Cooks Coffee Company appoints non-executive director
The international cafe chain has announced the appointment of Elena Garside as non-executive director
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Arc Inspirations appoints chairman
Mike Tye, currently chairman of the Big Table Group, has become a non-exec director after Steve Richards has decided to step down after five years in the role
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Franco Manca confident retail range will bring incremental value
The restaurant brand’s move into cook-at-home pizzas will help to offer the consumer more choice, rather than cannabilise restaurant sales, Fulham Shore executive chairman David Page told MCA
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Cooks Coffee Company completes dual stock exchange listing
The NZQ-listed company, operating the Esquires and Triple Two Coffee brands, is on track to open 18 sites this financial year
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Notes Coffee acquired by WSH Group
The 11-strong coffee roastery and wine bar concept will continue to operate as “an autonomous business”, WHS Group said, with plans for “ambitious future growth”.
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Young’s makes further acquisitions
Young’s has announced the acquisition of two new pubs: The Griffin Inn in Fletching and The Carpenter’s Arms in Tonbridge
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West End property values fall
The value of commercial property in the West End of London is falling as higher interest rates impact the area’s recovery, however pre-Christmas trading has been strong
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Pret to expand Express format
Pret, which launches its new Christmas menu today, is to roll out its Pret Express format to more than 50 locations across the UK by the end of the year
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Distrkt: ‘London’s property dynamics have changed’
At MCA and BigHospitality’s Generation Next event, co-founder Camilla Topham discussed the post-pandemic property landscape and the property consultancy’s expectations for next year
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TRG names new marketing director
Andreia Harwood will join The Restaurant Group’s Leisure & Concessions division (TRG L&C) from Lemon Pepper Holdings.
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Farm Girl hits crowdfunding goal
Aussie-inspired brunch concept Farm Girl is now overfunding past its target of £400,000 to kickstart expansion plans
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Poke House appoints co-country head
Poke House has appointed Rob Wickenden as its new co-country head for the UK