All news articles – Page 279
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Yo! explores private takeover
Snowfox Group is reported to have asked advisers to canvas interest from bidders following a number of takeover approaches
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Revolution's new brands are 'definitely scalable’
Revolution believes its two new concepts have legs to grow as the bar group hits “the sweet spot” in terms of its offering, CEO Rob Pitcher told MCA.
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Clean Kitchen Club raises £1.4m
The vegan QSR brand aims to open up to 40 new sites across the UK in the next few years, beginning with a larger flagship restaurant in Soho that will launch early next year
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McDonald’s pilots new store format
The new ‘Convenience of the Future’ model features a second entrance for delivery drivers, where couriers will wait in a separate area from customers
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Mother Clucker rolled out to Byron estate
The fried chicken brand will be available from 18 locations England and Scotland from tomorrow via Deliveroo
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Yum! grows partnership with EG Group
The franchise partnership will begin with eight pilot Pizza Hut stores serving pizza by the slice and whole pizzas from petrol forecourts
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Warning over ‘devastating blow’ of vaccine passports
Scotland’s hospitality trade bodies have issued a dire warning about the impact on the sector should vaccine passports be extended
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Growing Portobello Brewery strengthens management team
Sharon Heywood, a former director of finance and operations of Ytl Hotels, joins the expanding pub platform as CFO
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Revolution to launch fourth brand
The news came with the announcement for annual pre-tax loss of £26.3m compared with a loss last time of £31.7m in the 53 weeks to 3 July.
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Blacklock ‘bubbling with excitement’ over growth
The London chop specialist will launch beneath Bedford Street in February 2022, on the former King’s Coachmakers site
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Flesh & Buns goes back to ‘raucous roots’
The brand is opening a new site in Kensington, on Bill Wyman’s former Sticky Fingers diner, which has closed after 32 years
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Domino’s appoints interim CFO
The pizza group has appointed David Surdeau as interim chief financial officer with effect from 17 November 2021
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TRG increases forecasts
The revision comes off the back of “market outperformance” in like-for-like sales in recent months at Wagamama, and its pubs and leisure businesses
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Inflation fears hit business confidence
Record-high inflation expectations have dealt a blow to business confidence, the latest Accenture/HIS Markit UK Business Outlook has revealed.
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Nightcap ‘really pleased’ with post lockdown performance
Nightcap has seen record trading in recent weeks, with the bar group looking to accelerate its pipeline despite deepening pre-tax losses.
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Uptick in companies paying ‘real’ living wage
More than half of the companies in the FTSE 100 have now committed to pay the rate – which has just increased to £11.05 per hour in London and £9.90 in the rest of the UK.
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Bars were standout sales performers in October
Bar groups saw sales up 13% on 2019 levels last month as the recovery of the late-night sector continued, according to the latest Coffer CGA Business Tracker.
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Waiting staff accuse restaurants of cutting their tips to pay chefs
Restaurant owners in the UK are being accused by waiting staff of unfairly distributing tips to boost the salaries of chefs and managers as the industry battles severe shortages of skilled labour.
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Claridge’s chef Daniel Humm to leave role over his demand for ‘fully plant-based menu’
The five-star London hotel says Daniel Humm’s desire to ditch meat from the menu of its restaurant Davies and Brook “is not the path we wish to follow at the moment”