All news articles – Page 231
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Burger & 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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Openings of the week
MCA rounds up this week’s biggest opening announcements, featuring BrewDog, Barrafina, Myungrang Hot Dog, and more
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Oakman 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”
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Wasabi founder: ‘It’s the worst time to do fried chicken’
As he launches Pelicana Korean fried chicken and Myungrang Hot Dog in Angel Central, Dong Hyun Kim tells MCA why he will prioritise rolling out the latter
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McDonald’s, Costa and Roadchef in recycling scheme
The partnership will co-fund 65 recycling points across 30 Roadchef sites to increase cup recycling on the go
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I am Döner signs franchise deal for Northwest
The multi-site deal with Optimum Group will take the brand to Merseyside and the Isle of Man, with first site opening in Liverpool this summer
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Liberation accommodation sales quadruple
The Channel Islands and South West pub operator and brewer is capitalising on a rise in staycations, CEO Jonathan Lawson told MCA’s Pub Conference
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Absurd Bird enters administration
Five physical restaurants have closed, but the brand will still be available for delivery at its virtual restaurants
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NWTC CEO steps down
Jesper Friis is returning to Denmark, with CFO Jim Pickworth, COO Natasha Waterfield and property director Tim McCormac managing the business for the time being
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Ten Entertainment sees sales +50%
The bowling and family entertainment centre group achieved a 52.6% increase in total sales for the 26 weeks to 26 June 2022, compared to 2019 figures
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Marston’s marketing 50 non-core pubs
Marston’s has placed a package of around 50 non-core pubs on the market which no longer satisfy its pub strategy.
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Greggs launches first Eco-Shop
The new format in Northampton will serve as a test bed to trial sustainability solutions and initiatives
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McDonald’s warns customers about product shortages
Posters have been put up in the windows of a number of its UK restaurants stating that some ingredients may be temporarily unavailable due to issues with its supply chain
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Brasserie Bar Co names new ops directors
Brasserie Bar Co has promoted both Tom Palfreeman and Sam Wood from his roles as regional directors at the pub and restaurant group
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R&D spend in hospitality falls by 21%
Spend on innovation in the hospitality sector fell by more than fifth in Q1 2022, illustrating the cost pressures on the sector, according to funding specialist Catax
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UKHospitality: lack of support will lead to further pub closures
The trade body called on the government to help the industry following research showing 7,000 pubs have closed over the past decade
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Night-time operators ‘barely breaking even’
An NTIA survey found 44.7% are unsure if their business will survive the next 12 months
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Pret calls for resolution to end strike action
The sandwich and coffee operator reported sales had fallen sharply during RMT strikes in June
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RedCat expands Coaching Inn estate
The investment vehicle acquired the Forest Park Country Hotel and Inn, the eleventh acquisition by the Coaching Inn Group under RedCat ownership
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Oakman trading up 11% in June
However as a result of challenges with staffing and restricted trading, the pub group estimates it has lost around a further 2-3% of growth