All news articles – Page 253
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Heineken and Carlsberg exit Russia
The global brewing groups said offloading their operations in Russia would lead to a “substantial” impairment charge to their businesses.
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Benugo to open trio of sites in Glasgow
The Burrell Restaurant, The Burrell Coffee Shop and an Espresso Bar will open at the A-listed home of The Burrell Collection in Pollok Country Park
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Lockdown bakery opens prime site
Buns from Home, which was founded in a domestic kitchen as a lockdown project, is opening its fourth site, in The Yards, Covent Garden
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Brasserie Bar Co’s Mark Derry: ‘I’ve never known a more difficult time to be a restaurant operator’
The group’s executive chairman said the increase of VAT to 20% would result in ”a big bucket of cash coming out of our business”
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Drake & Morgan sees strong return to trading
The bar and restaurant group has seen a strong return to trading levels since the removal of Plan B restrictions at the end of January, as it recovers from a tough FY21 financial year.
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Starbucks planning 140 new UK sites
Following a return to profit, the coffee chain is looking to push ahead with its growth plans, with half of the 140 new UK sites this year expected to be drive-thrus
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Brighton Pier Group reports ‘very strong’ H1 performance
The family entertainment group’s bar division traded ahead of expectations, achieving revenue of £6m, vs. £0.7m in 2020
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Domino’s names new non-exec
Domino’s Pizza Group has appointed Tracy Corrigan as an independent non-executive director, with effect from 5 May 2022.
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Burger King UK opens 10 new sites
It comes as the Bridgepoint-backed business plans a reported £600m listing on the London Stock Exchange
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Rural pubs handed lifeline
Three endangered community pubs have been given money from the government’s levelling up fund
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More work needed on tracking food waste
Only one fifth of operators currently track where their food waste comes from, according to a new survey by the Sustainable Restaurant Association and software provider Fourth.
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Spending exceeds pre-pandemic levels
Transaction volumes last weekend saw a significant rise as compared to the same weekends in 2019 and 2020, according to Barclaycard Payments
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Coco di Mama to make travel hub debut
The trial with Roadchef marks the next step in an evolution for the brand, which has diversified into new sales channels during the pandemic
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Honest Burgers amps up sustainability credentials
Co-founder Tom Barton discusses the brand’s recently launched plant-based spinoff V Honest, an effort to cut the brand’s reliance on meat products
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Bundobust eye more restaurants with breweries
Ahead of a planned York opening, Bundobust co-founders Mayur Patel and Marko Husak spoke about their ambitions for the brand at the R200 Conference last week
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In pictures: Retailers’ Retailer Awards 2022
MCA welcomed senior leaders of the eating and drinking out sector to The Guildhall on Wednesday to celebrate its success stories. Karen Jones won the award for overall leader of the year, while Roger Whiteside was recognised for his lifetime achievement
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Pandemic helped demonstrate strength of Greggs
Chief executive Roger Whiteside said the crisis had proved the resilience of its business model and that it was well placed to grow in the recovery phase
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Pubs Code changes coming in April
Changes to the Pubs Code, including to time limits for Market Rent Only negotiation and arbitration, will take effect from 1 April 2022, the government has said.
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Spring statement: Little meaningful support
The much hoped for extension of a lower rate of VAT for hospitality business failed to materialise in the Chancellor’s spring statement, with industry describing the decision as a “missed opportunity”
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Stonegate to press ahead with capex programme
Chief executive Simon Longbottom said the group is “in great shape” and that its conversions to its managed estate are delivering promising results