All news articles – Page 296
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Lumina: dine-in represents more than two thirds of reopening sales
Data from Lumina Intelligence shows that, following the lifting of restrictions on dine in occasions, more than two thirds of purchases within hospitality are now ordered and consumed on premise.
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August bank holiday leads to strong drink sales
Drink sales surpassed pre-Covid levels for the first time in 2021 during the week ending 4 September according to data from CGA.
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BrewDog appoints former Asda CEO as chair
BrewDog has appointed former Asda CEO Allan Leighton to its board as independent non-executive chairman.
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CGA: August sales up 5% versus 2019
A strong trading performance during August resulted in total sales being 5% ahead of August 2019, according to CGA’s Business Tracker.
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McDonald’s UK&I to trial The McPlant vegan burger
McDonald’s UK&I has announced that The McPlant burger will be trialled in 10 restaurants in Coventry from 29 September, then a further 250+ from 13 October with a view to rolling out nationwide in 2022.
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Deliveroo to grow Editions with new property director
Deliveroo has appointed a new global property director for its Editions kitchens, as it looks to accelerate the expansion of the delivery-only model.
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Scotland approves Covid pass scheme
The Scottish Parliament has approved a plan for proof of vaccine to be required in order to gain entry nightclubs and many large events from 1 October.
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Black Sheep Coffee accelerates expansion
Black Sheep Coffee opened a new outlet in Paddington, London this week, as the chain’s investor report for the period ending 30 June 2021 highlights the coffee chain’s increased expansion plans for 2021, supported by over £4m in additional funding. The document also focuses on the chain achieving - for the first time - positive EBITDA, and the increased diversification of its offer.
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Costa increases pay and recruits 2,000 staff
Costa Coffee has announced a 5% payrise for staff at its 1,500 UK company owned outlets and an intention to recruit an additional 2,000 staff. On average, store team members will take home £500-£900 more per year.
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Leon owner mulls sale
EG group, the petrol station and convenience-store chain which recently bought Leon, may put itself up for sale with a price tag of $15bn.
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Tortilla to open more travel hub sites with SSP
Tortilla is opening two more travel hub sites in partnership with SSP. Yesterday it opened an airside site at Gatwick Airport, and will open an additional site at Leeds Skelton Lake Services on 6 October 2021.
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Fulham Shore trading revenue increases by a quarter
In the three weeks to September 5, Fulham Shore has seen revenues increase by 27% compared to 2019, the company announced in a trading update. This represents an acceleration from the +8% average increase for the eight weeks ended 15 August 2021 that were announced in the Group’s Final Results.
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‘Missed opportunity’ to crack down on rent enforcement loophole
The government missed an opportunity to crack down on the use of County court Judgements by landlords to chase commercial rent debts, UKHospitality has said.
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Stonegate reports ‘small uplift’ in city sites
Stonegate has reported a small, encouraging uplift in sales as workers return to offices, but has warned uncertainty over Covid passports could yet hamper the recovery of the late-night sector it operates in.
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Flat Iron: trading since reopening ‘above expectations’
Flat Iron, the eight-strong steak concept backed by Piper, has stated that trading since the reopening of indoor dining on 17 May has been “above expectations.” Earlier in 2021, the company refinanced £3.2m of its existing facilities into new CBILS facilities to secure additional liquidity.
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Changes likely to testing process to help ease driver shortage
With supply chain issues still causing major issues for the hospitality sector, the Government is set to announce changes to the HGV driver testing process in an attempt to alleviate high levels of driver vacancies.
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Hospitality tops environmental sustainability poll
Hospitality and leisure tops the list of industries most concerned about the importance of environmental sustainability according to latest research from Barclays, with 70% of hospitality and leisure respondents rated it as ‘extremely important’. The sector is said to be “achieving a strong balance between investing in environmental sustainability while continuing to maximise financial performance.”
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Hawksmoor: ‘Opening a restaurant in New York is the dream’
Steakhouse group Hawksmoor has made its long-awaited debut in New York. The international outpost is some seven years in the making, and follows one aborted attempt in the new World Trade Centre. The current location was originally set to launch in early 2020, but was delayed extensively as a result ...
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Gordon Ramsay reveals plans to expand Bread Street Kitchen across the UK
Gordon Ramsay Restaurants has reported a loss of £5.1m for 2020, but remains committed to its growth strategy.
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Liberation achieves strong like-for-like UK sales growth
Liberation Group, which operates more than 120 managed and tenanted pubs and inns in the UK and the Channel Islands, has reported that it has “traded extremely strongly” across all channels to market and all geographies over the 13 weeks to 28 August, with like-for-like managed sales in the UK up +26%.