All news articles – Page 3
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Burger & Lobster names new CEO as group posts resilient FY results
The 12-strong restaurant chain has appointed Dino Sura as global CEO, as founder Misha Zelman steps back into a non-executive director role
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Evolv Collection to launch new chop house concept
Liverpool St. Chop House & Tavern will launch on 17 September, with the concept also being rolled out to two of its existing sites – Butler’s Wharf and Paternoster – “marking a pivotal moment in the group’s evolution”
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Tube strike will cost hospitality sector up to £110m
Members of the Rail, Maritime and Transport Union are staging a five-day walkout, which began on Sunday 7 September, and will run until Thursday 11 September
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Pret CEO: ‘We could reach 1,500 UK sites’
Pret has reported worldwide sales of £1.2bn for the year ended 2 January 2025, up 10% on 2023, as it sets out plans to double the size of its UK estate and sharpen its focus on value and innovation
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Cornish Bakery achieves record summer
The independent bakery chain has delivered 24% total sales growth year-on-year, along with 8% like-for-like growth as it continues to grow its pipeline
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De Nadas appoints non-exec director
The grab and go Argentinian empanada business has appointed former Temper and Gaucho ops director Michael Di Palma, as it looks to expand to 20 sites within the next five years.
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Wingstop UK makes people director promotion
Faye Ryder-Humphries joined Wingstop in April 2022, as people partner, before being made head of people in December of that year.
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Wetherspoon signs new franchise agreement
As part of the deal, The Papas Group will open 15 new sites, beginning this autumn with a new pub called The Hykeham Manor at Gateway Park, Lincoln
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Wahaca wage bill up by £1.4m
Founder Thomasina Miers said many small businesses are under pressure due to the rise in National Insurance contributions
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Piper: Flat Iron will succeed in UK and internationally
Discussing its investment in the steak restaurant group, Piper said Flat Iron stands out in a challenging market, with double-digit like-for-likes, a guest NPS of 78, and a 50% repeat visits rate
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In pictures: Blank Street rebrands to ‘global lifestyle’ concept
The rebrand signals an evolution from Blank Street’s beginnings as a coffee and matcha chain, and will be rolled out in-store over the coming months
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Domino’s launches new chicken brand
Chick ’N’ Dip is designed to capture a share of the fast-growing chicken market and help drive growth for the core business
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Adnams reduces debt to £11.7m as turnaround progresses
The pub operator and brewer expects debt to fall further to around £8m by the end of September, supported by the disposal of non-trading assets and a small number of pubs
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Hospitality hit hardest as tax rises drive fastest job losses in four years
Hospitality businesses are cutting jobs at the fastest rate since 2021 following the government’s £25bn payroll tax increase, according to new Bank of England data
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BrewDog reports £37m loss as sales stall
The bar and brewer has reported a pre-tax loss of £36.6m for the year, with sales growth slowing to under 1% at £357m, according to a shareholder update
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OakNorth backs Flat Iron expansion with senior debt facility
OakNorth has provided a senior debt facility to support the future growth of steak restaurant Flat Iron, backed by McWin Capital Partners and TriSpan
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Quarter of UK towns now without a nightclub
New figures from the NTIA and CGA by NiQ show that 16% of towns and cities have lost all late-night venues entirely
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Loyalty schemes under pressure as expectations rise
Customer loyalty in hospitality remains highly fragile, with consumers loyal to just 2.1 brands on average, according to new research from Zonal
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Barrafina operator ‘actively exploring’ international expansion
The Spanish restaurant concept will open its first international outpost in Dubai this year, with further expansion on the cards for the Harts Group, MD Anna Watkins tells MCA
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Openings of the week
MCA rounds up this week’s biggest openings stories, featuring Nando’s, Greene King, NEOS Hospitality, and more