All news articles – Page 230
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NewsFuller’s: ‘Compared to being closed, we’re in a really strong position’
CEO Simon Emeny told the Pub Conference that Fuller’s and other pub operators had learned to be adaptable and agile in the face of storms
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NewsTurtle Bay reports record sales
The Piper-backed Caribbean restaurant group reported sales of £85.4m for the year ended 27 March 2022, with trading in the first 13 weeks of the year still strong.
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NewsNew minister to oversee hospitality
Loughborough MP Jane Hunt will replace Paul Scully as parliamentary under-secretary of state at the Department for Business, Energy, and Industrial Strategy (BEIS)
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NewsTRG acquires Barburrito for £7m
The Restaurant Group sees potential to double the Mexican fast-casual brand’s 16-strong estate in the next four years, particularly in the South of England
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NewsJW Lees returns to profit
The North West pub company and brewer warned older customers were still proving reluctant to return to traditional wet-led pubs
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NewsMowgli is surpassing pre-Covid numbers
Founder and CEO Nisha Katona said the performance of the Indian street food restaurant was being boosted by its strong brand presence in the north
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NewsLicensing systems remains 'flawed'
Little progress has been made in addressing the lack of coordination between licensing and planning, according to a report from the House of Lords.
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NewsHostmore lfls in line with expectations
In an update on trading for the 26 weeks ended 3 July 2022, the group, which operates Fridays and 63rd+1st said guidance for the full year remained unchanged
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NewsDomino’s appoints new CFO
Edward Jamieson is expected to join the pizza delivery company and its board of directors in October 2022, replacing current interim CFO David Surdeau
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NewsPub sector shifts towards data-led approach
Punch Pubs & Co has gone from being a 25% data-led business to 75%, delegates heard in a panel session at MCA’s Pub Conference on the changes in operators’ approach to tech
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NewsWetherspoons to provide update on post-pandemic bounceback
Analysts are watching closely to determine to what extent the cost of living crisis has affected the pub chain, Mail on Sunday reports
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NewsCompanies forced to find ways around energy price crisis
Installing solar panels is one of the creative solutions that businesses are turning to to reduce energy costs, the Sunday Times reports
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NewsCapco chiefs set for bonanza in Shaftesbury tie-up
Senior executives at Capco will receive shares worth £7.4m following the merger with Shaftesbury, the Sunday Times reports
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NewsZume: The robot pizza maker turned box pioneer
California startup Zume has built a compostable packaging platform to help businesses become more sustainable, the Sunday Times reports
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NewsUK companies brace for recession as spending slows and costs soar
Retail, leisure and travel groups expected to be hardest hit after summer, the Financial Times reports
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NewsOakman Group looks to leverage staycation trends
With trading up 11% in June, the company is optimistic about staycations, executive chairman Peter Borg-Neal told MCA
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NewsShaftesbury: Hospitality sales ahead of pre-pandemic
The landlord, which is merging with Capco, said footfall remains good, thanks to domestic visitors, residents and local workers, and growing international tourists
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NewsBurger & Sauce looking to reach 25 sites in 2023
The new QSR concept is looking to open another six to eight restaurants this year, before doubling its estate next year, franchise director Anthony Round told MCA.
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NewsOpenings of the week
MCA rounds up this week’s biggest opening announcements, featuring BrewDog, Barrafina, Myungrang Hot Dog, and more
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NewsOakman considering selling minority stake to private equity
Executive chairman Peter Borg-Neal told MCA’s Pub Conference with the current economic uncertainty in the world, operators needed to be “well capitalised or sell their business”