All news articles – Page 276
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EG Group delivers uplift in foodservice profit
The Issa brothers-led business, which acquired Leon in April this year, said that its foodservice operations showed “significant strength”, with gross profit up 36% on a like-for-like basis
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Pret signs up two further UK franchisees
Dallas Holdings and K&Z Group are to join Pret’s growing base of franchise partners as it looks to double the size of the business over the next five years.
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Loungers sees lfls up +23% since May reopening
Revenue has almost doubled in the 24 weeks to 3 October 2021, to £102.4m, compared to 2020 figures, with Loungers continuing to outperform the market.
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Paul Campbell: ‘Plenty of room for specialty coffee expansion’
Speaking to MCA after joining 200 Degrees as chairman, he said there was scope to improve the coffee offering across the country
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Pret pilots Perks loyalty scheme
The scheme will be rolled out in phases, with Pret coffee subscribers getting early access to the programme as part of its beta testing
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Who is your Hero of the Year? Get your nominations in now
The Hero of the Year Award is back for MCA’s Retailers’ Retailer Awards 2022, with the nominations process now open.
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Shaftesbury hails ‘remarkable bounce back’
The West End landlord reported a sustained recovery in central London footfall, with weekends currently back to 2019 levels, and weekdays at c.80%
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Development programme for Craft Union
The regional manager programme is part of Stonegate’s award-winning ‘Albert’s Theory of Progression’
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Marston’s: ‘The worst is behind us’
The pub company reported improved trading post lockdown, with like-for-like sales since restrictions lifted in July 102% of 2019
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Punch explores £1bn sale
Fortress Investment Group, the US-based investor owned by SoftBank, is reported to be in talks to buy Punch Pubs & Co
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Itsu partners with Autogrill for Brussels opening
The new restaurant, which opens today, will be the first to be located in an international travel hub in mainland Europe
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Wetherspoon and Budweiser in new 20-year deal
It follows a 41-year association between Wetherspoon and Heineken as well as its predecessor, Scottish and Newcastle
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Pret announces Middle East partnership
One PM Franchising is a subsidiary of One Franchising Holding, a regional food and beverage operator with a presence across eight countries
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Liberation among pubs forced to swap expensive ingredients
Hake and sirloin steak are among the ingredients seeing such large inflationary price increases that menu swaps are on the cards
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Gail’s sees turnover drop, but expansion continues
Gail’s saw turnover decline from £61m in 2020 to £57m for the 52 weeks to 28 February 2021, despite opening five new retail bakeries over the course of the year.
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Big Smoke expands Punch partnership
Big Smoke Brew Co has grown its joint venture with Punch Pubs & Co to eight sites and hinted that further venues could be in the pipeline for 2022.
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NTIA: ‘The late-night sector is still extremely fragile’
The Night Time Industries Association welcomed the government’s decision not to impose additional restrictions on hospitality settings in the wake of the new Omicron variant.
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Cain signs new sustainable concept
Fast-food concept Sproot has opened its first site in Islington Square with ambitions to expand into central London
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MCA’s December edition is available to read now
The latest issue features an in-depth look at the trading and consumer landscape of Birmingham, extensive coverage of MCA’s Restaurant Conference and analysis on Frankie & Benny’s.
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SSP names new group CEO
SSP has appointed current Greencore chief executive Patrick Coveney, as group CEO.