All news articles – Page 255
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NewsBritish Land and Landsec eye shopping centres swap
The landlords have held talks over an £800m asset swap involving Meadowhall shopping centre, the Sunday Times reports
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NewsTim Martin: Post-lockdown boom hasn’t materialised
Despite a return to more normal trading patterns, the Wetherspoon chairman told MCA sales have been slow to recover
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NewsCubbitt House plots ‘aggressive plan of growth’
The London-based pub and hotel group will open sites in Chelsea, Notting Hill, Mayfair and Clerkenwell this year, with another three in the pipeline for 2023
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NewsNightcap: ‘The window of opportunity is still open’
The bar group is continuing to see favourable rents and landlord incentives and hopes to open five or six sites for each of its core brands per year
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NewsBurger King operator refuses to close Russia estate
Restaurant Brands International (RBI) said it was unable to enforce a suspenion of the 800-strong joint venture over Putin’s invasion of Ukraine
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NewsPret launches refugee job scheme
The programme will help fast-track Ukrainians who want to come to the UK and are seeking work, and will cover a variety of in-shop roles, including chefs and baristas
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NewsWetherspoon reports ‘more normal trading patterns’
Chairman Tim Martin said after a traumatic two years, sales had improved in recent weeks, and were down just 2.6% in the three-week period to 13 March 2022 compared to 2019
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NewsYolk plans three sites in London this year
Founder Nick Philpot speaks to MCA about the gourmet food-to-go brand’s plans to expand across the capital
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NewsLost Boys Chicken launches two new concepts
Founder Tom Samandi is launching Chick Chick Crew in London in Market Halls, and Lost Boys Land, a “nostalgic KFC disrupter”, in Brighton
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NewsKnoops planning ‘massive’ investment in people
The boutique chocolate concept’s products are so personalised that investment in staff training and development is essential, says head of people and culture Morven West
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NewsGiggling Squid debuts Welsh site
The new 3,000 sq ft site will open in Cardiff’s St David’s dining quarter on the Hayes, later this year, and forms part of the BGF-backed Thai restaurant group’s expansion plans
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NewsNeat Burger expands tech ahead of retail move
The SoftBank-backed vegan burger brand plans to roll out products to retail and direct-to-consumer and establish innovation centres in Chelsea and Manhatten
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NewsBob & Berts to accelerate expansion in England
The BGF-backed coffee shop operator is focusing on the north of England before moving further south as it plans to double its estate
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NewsMinor International prepares action against Jeremy King
Sky News reports Thai-based Minor is bringing two legal cases in the battle for control over Corbin & King
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NewsSoho House accelerates expansion
Founder Nick Jones said “unprecedented demand” had given the group confidence to increase its openings to eight-ten new sites per year
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NewsDeliveroo aims for positive EBITDA by 2026
The company posted a loss before income tax of £298m in 2021, compared to £213m loss in 2020
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NewsSimon Dodd to take over as CEO of Young’s
Patrick Dardis, who has been with the pub company for 20 years, will step down at this year’s AGM on 5 July 2022
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NewsSupport needed to avoid menu price rises
While 85% of consumers are expecting prices in pubs and restaurants to rise, government support could help avoid operators’ extra costs being passed on, the latest Future Shock report suggests
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NewsRed Oak has ‘significant capital’ following recapitalisation
The business completed five portfolio acquisitions in 2021, with the refinancing enabling it to enter the next stage of its acquisition programme
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NewsTRG making ‘good progress’ against strategic objectives
Its Wagamama and Pubs divisions have continued to outperform the market since the year end, with a strong pipeline of openings for both businesses, TRG said in its full year results to 2 January 2022