All news articles – Page 247
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NewsGusto Italian appoints new COO
Scott Grimbleby is joining the premium casual dining restaurant from Living Ventures, replacing Tim Selby, and will be tasked with driving forward its expansion plans
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NewsVictor Lugger: Digital payment boosts productivity and revenue
Speaking at MCA’s Hostech Conference, the co-founder and CEO of Big Mamma Group and the Sunday payment app reported a 20% increase in revenue after launching the solution
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NewsF&B sales at Whitbread ‘slow to recover’
The Beefeater and Brewers Fayre operator hopes the rollout of new menus and targeted marketing initiatives will drive an improvement in sales
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NewsPret Express goes live in three locations
The self-serve coffee stations, a partnership with JDE Peet’s, has gone live in two sites in Glasgow and one in Barking
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NewsBurger King UK trials reusable packaging
The company is targeting of a 41% reduction in value chain carbon emissions per restaurant by 2030, and 0% single-use plastic by 2025
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NewsRoger Wade to step down from Boxpark
The founder is handing over to MD Simon Champion and COO Ben McLaughlin, and will stay on as a brand consultant and NED
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NewsEaster sales slowdown for Pret
Sales in Pret’s West End sites were down 12% to 86% of pre-pandemic levels in the week to 21 April, with airport sales hit by fight cancellations, according to Bloomberg’s latest Pret Index
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NewsGreggs makes new board appointment
Lynne Weedall will join the board as an independent non-executive director, with effect from 17 May 2022, and will become chair of the remuneration committee in 2023
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NewsCity Pub targeting 65-70 pubs by end of 2023
Reporting its full year results for 2021, the group said its balance sheet was stronger than it had ever been and that it was well placed to take advantage of opportunities in the property market
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NewsBuzzworks acquires Herringbone
The three-strong acquisition will take Buzzworks’ portfolio up to 17 sites, with five venues now on the east coast of Scotland
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NewsPeach lines up Leamington Spa pub
MD Hamish Stoddart told MCA the gastropub operator was seeing like-for-like sales growth of 12-13% on 2019
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NewsLoungers delivers records sales
The 164-strong cafe-bar operator continues to “significantly outperform” the market, with like-for-like sales up 17.7% in the 40 weeks to 20 February
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NewsCosta recovery boosts Coca-Cola
Net revenue within the group’s global ventures division, which includes Costa, rose by 28% to $729m
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NewsJDW pushing coffee and breakfasts to boost sales
Chairman Tim Martin told MCA the pub company was looking to boost breakfast sales with its coffee offer, which includes refills and is priced lower than the average pre-pandemic price
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NewsBlack Sheep to double estate this year
The coffee shop operator has 51 sites in the pipeline which were agreed pre-pandemic, with around half to go to franchisees
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NewsAdventure Bar Group hits targets ‘well ahead of time’
The strong performance means owner Nightcap will issue an additional 7.1m in earn out shares to the founding management team of the business
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NewsCat Rock urges votes against Just Eat board
Alex Captain, founder and managing partner at the activist investor, said JET shareholders had been “punished” by a -75% stock price decline in less than two years
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NewsGreene King makes carbon zero pledge
The pub company and brewer has committed to become a net zero carbon business by 2040, and is targeting a 50% reduction in greenhouse gas emissions by 2030
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NewsGravity to open £10m Liverpool One experience
Grosvenor – co-owner and asset manager of Liverpool One – and Gravity Active Entertainment have announced plans for a 100,000 sq ft space at the retail and leisure destination
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NewsBurger King UK sees lfls up 46%
The fast food chain said strong sales and profit had been driven by continued restaurant expansion and franchise acquisitions, alongside the digital transformation of the business, with a further 200 restaurant openings targeted by 2026