All news articles – Page 241
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NewsAzzurri recovers strongly in 2022
The ASK Italian and Zizzi operator posted revenues of £235.9m, an increase of £119m on last year, while EBITDA increased to £25m
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NewsLoungers 'significantly outperforms market'
The all-day operator reported increased revenue and like-for-like sales growth, but EBITDA and profits were hit by cost pressures
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NewsRod McKie joins New World
The former Welcome Break and Sticks ‘n’ Sushi CEO is joining the operator as executive chairman
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NewsWhite Rabbit secures backing from McWin
The specialist hospitality incubator behind Island Poke and Kricket has raised an undisclosed, multimillion pound investment from the backer of Gail’s Bakery
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NewsNominations open for Sustainability and Rising Star awards
MCA’s annual Retailers’ Retailer Awards return on 14 March 2023, with nominations for 11 categories now open
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NewsLittle Caesars to make UK return
The Detroit-founded pizza brand will open its first store in Derby in December, followed by two stores in London and a store in Liverpool early next year
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NewsEngland vs USA game sees 32.7% increase in pub sales
The World Cup match on 25 November saw 13.1 million pints sold across the UK, alongside a rise in average dwell time and spend per head
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NewsWest End sees ‘rapid rebound’ in 2022
Shaftesbury has reported a sustained recovery in confidence and activity, driving growing footfall and spending ahead of 2019 levels.
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NewsEG Group foodservice profits on the rise
Gross profit in its foodservice operations increased by 21% to $207m year on year for Q3 FY22, driven by acquisitions and new openings
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NewsGreene King opens 25th Hive Pub
The Rose & Thistle in Reading opened following Greene King Pub Partners’ investment of £500,000
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NewsCooks Coffee Co reports strong rise in revenue
The cafe chain has announced its H1 FY23 results, with sales in its Esquires outlets up 20% and sales in Triple Two outlets 60% ahead of H1 FY22
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NewsMarston’s reports encouraging trading
Since October, the pub operator announced like-for-like sales in managed and franchised pubs were up by 6.85% vs 2021 and 5% vs FY2019
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NewsTreasury accused of blocking pay rise for rail staff
The Treasury is said to have blocked a pay deal that would have prevented strikes over the holiday period
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NewsBarkby Group looks to dispose of pub estate
In a trading and strategy update, the group announced it is looking to dispose of its nine pubs
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Just Eat to reorganise customer service operations
The delivery company is to close a customer service centre in Hertfordshire to help it towards profitability
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News‘We are not even full for Christmas’ – England’s restaurants count their lost bookings
The cost of living crisis has deterred customers just as cost of food ingredients, energy, rent and wages surge, The Guardian reports
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NewsNando’s cuts losses but recovery slowed by inflation and supply chain pressure
Chief executive Rob Papps said the chain expects 2023 to be ‘another volatile year’, the Evening Standard reports
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NewsOaktree Capital injects additional funding into Redcat Pubs Company
Oaktree Capital has injected additional funding into RedCat Pubs Company, founded by Rooney Anand, Sky News reports
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NewsElias Diaz Sese wants Domino’s to have large slice of takeaway market during World Cup
Interim CEO Elias Diaz Sese is hoping that demand during the World Cup will break records, the Daily Mail reports
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NewsSalad days are over as farmers can’t afford to grow veg
Shortages of British crops including cucumbers, peppers, and tomatoes are expected in the coming months, the Sunday Times reports