All news articles – Page 286
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NewsBlack Sheep eyes 100 sites
Black Sheep Coffee is looking to double its estate of 50 sites by the end of summer 2022.
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News100 MPs call for draught beer duty cut
In a letter to Rishi Sunak, the group of Tory backbenchers urged the chancellor to maintain a freeze on alcohol duties when he delivers his budget on Wednesday.
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NewsPlan B restrictions will 'devastate industry'
Phil Urban, chief executive of Mitchells & Butlers, said ministers had left it too late to address rising case numbers and that any action now could devastate the industry
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NewsLeon appoints new head of acquisitions
Leon has named Beth Emmens as its new head of acquisitions following the departure of Adam Blaker as property director.
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NewsCovid recovery loan scheme to be extended
A six-month extension of Government’s recovery loan scheme is expected to be announced in next week’s Budget.
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NewsUKHospitality: ‘Inflation extremely concerning for the sector’
UKHospitality chief executive Kate Nicholls has warned that rising costs are adding pressure to already beleaguered operators.
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NewsFrankie & Benny’s rebrands
The Italian American restaurant brand from The Restaurant Group has rebranded its Basildon branch to Frankie’s, the first of three major refurbishments this year
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NewsRed Oak secures growth capital
Red Oak Taverns has secured a £15m acquisition facility with OakNorth Bank, which will fund the pub operator’s acquisition of nine pubs from Hall & Woodhouse earlier this year
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NewsSupply chain crisis set to continue until 2023
Ian Wright, chief executive of the Food and Drink Federation told the House of Commons BEIS Committee that inflation in the food and hospitality sector was running at a “terrifying” 14% to 18%.
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NewsOakman sales up 36% versus 2019
The group has just opened its 36th site, The Rose Inn in Wokingham, following a £2.1m restoration and redesign project, with another 11 sites due to open before the end of 2023.
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NewsZero Carbon Forum launches hospitality roadmap
The roadmap includes ambitious net zero targets to eliminate operational emissions by 2030, and for operators to achieve net zero across their supply chains by 2040.
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NewsDeliveroo continues to see strong growth in GTVs
Founder and CEO Will Shu said the business had continued to make good progress executing against its strategy, resulting in a strong performance in Q3.
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NewsLumina: Fewer consumers eating out during September
Growing economic concerns are leading to consumer caution, while drinks-only occasions benefit from a return to the office.
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NewsFull line-up revealed for MCA’s Restaurant Conference
With only two weeks to go until MCA’s annual sell-out conference, now is the time to snap up those few remaining tickets
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NewsFamously Proper appoints new COO
Nicolas Barnoin, who joins from Itsu, will work across Famously Proper’s Byron Burger and Mother Clucker businesses.
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NewsFridays will be on investors’ minds
MCA explores the likely prospects for Hostmore, the company behind the Fridays brand, as it prepares for a public listing
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NewsGiggling Squid still considering IPO
Giggling Squid is to look at its options with regards to a potential flotation early next year, co-founder and chief executive Andy Laurillard has told MCA.
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NewsLumina: Delivery maintains market share
Delivery’s share of hospitality remains above pre-pandemic levels with pub delivery growing in importance.
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NewsProperty market is ‘once in a lifetime opportunity’ for Tortilla
Torilla CEO Richard Morris has told investors the fast-casual brand’s pipeline is as “strong as it’s ever been”, as it capitalises on property costs which are 20%-30% down.
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NewsGerry Ford: Caffe Nero on 'road to recovery'
Caffè Nero said sales have reached 87% of 2019 levels, and expected to reach sales levels of 90% in November.