All news articles – Page 235
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Late night sector significantly impact by strikes
This weeks’ rail strikes have had a “devasting effect” with trade up to 40%, according to the Night Time Industries Association
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Record staff shortages causing hospitality to lose £21bn in trade
The staffing crisis is causing a £21bn loss in revenue and an estimated £5bn loss in tax for the Exchequer, according to a new survey
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Openings of the week
D&D London, JD Wetherspoon and Tim Hortons feature in MCA’s roundup of the latest openings news this week
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V Honest reverts back to meaty Honest
The brand’s vegan spin-off in Leicester Square will go back to its core concept in July, just six months after launching
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Admiral sells pub package
The seven-strong disposal to FB Taverns is part of requirements from the CMA following the pub company’s acquisition of Hawthorn
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Star Pubs & Bars announces energy deal to aid licensees
The scheme will bulk buy energy for licensees when the market is at its lowest, helping them navigating rising energy costs
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Costa franchisee acquires 17 sites
Altrincham-based Sim Trava, which now has 57 Costa sites, made the additions to its portfolio with the support of a £7m funding package from HSBC
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Various Eateries reports ‘resilient trading’
The Coppa Club operator reported half year group revenue of £17.8m, with a loss after tax of £2.6m
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Scottish bar group enters liquidation
Macmerry300, which had been accused of “systematic mistreatment” of staff, has ceased trading with 11 venues closed
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Black Sheep Coffee to open 68 sites within 10 months
The specialty coffee concept will also expand to drive-thru formats, co-founder Gabriel Shohet told MCA
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Inflation hits 9.1% in May
The consumer price index rose to a fresh 40-year high of 9.1%, largely driven by food price rises, according to the Office for National Statistics
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Pret sees boost from office workers
Sales in the City and Canary Wharf were at 88% of pre-Covid levels in the week to 16 June – up 14ppts from the previous week, according to the latest Bloomberg Pret Index
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Richard Franks named Hop MD
He will lead the business, alongside founder Paul Hopper, as it looks to open 20 sites across the capital over the next five years, following a £2.25m capital raise
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Strikes will push businesses ‘closer to the edge’
Struggling town and city centre venues will be unable to withstand a further drop in revenue, UKHospitality CEO Kate Nicholls said
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Tasty appoints Harald Samúelsson as exec director
Formerly an independent non-exec director, Samúelsson takes up his new role with immediate effect, with Wendy Dixon appointed as a new independent non-exec director
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Marugame Udon recruits franchising specialist
The udon and tempura brand has appointed Judd Williams to the newly created role of head of franchise for UK & Europe
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KFC teams up with FareShare to redistribute surplus food
The fried chicken chain will redistribute four million meals in an initiative to reduce food waste and combat food insecurity
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The Alchemist doubles up in Edinburgh
Set in a prime location on George Street, the site will be The Alchemist’s third in Scotland, following its debut in the St. James Quarter development, and recently revealed plans to open in Glasgow’s George Square
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Pub Conference 2022: full agenda revealed
Stonegate’s chairman and founder Ian Payne, Fuller’s chief executive Simon Emeny and Shepherd Neame’s chief executive Jonathan Neame are among the highlights on the programme
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Global gastro gaming concept to open in London
The Social Gaming Group is to open its first Oche site in the UK, on The Strand, next month.