All news articles – Page 3
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News
Openings of the week
MCA rounds up this week’s biggest openings stories, including Popeyes, Wingstop, PizzaExpress, Banana Tree, and more
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Pernod Ricard to offload wine portfolio
The owner of Australia’s Accolade Wines will take on brands such as Jacob’s Creek, Campo Viejo and St Hugo, as Pernod focusses on premium spirits and champagne
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Government policies welcomed by sector
The new Labour government unveilled its policy programme via the King’s Speech yesterday, with the Apprenticeship Levy reform, Planning and Infrastructure Bill, Employment Rights Bill and Martyn’s Law all impacting the sector
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Marston’s tops PCA survey for second consecutive year
Tenants were the most satisfied with their relationship with Marston’s, Admiral, and Greene King, whereas Stonegate tenants were the least satisfied
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BrewDog to ‘let carbon negative claim lapse’
New CEO James Arrow said the high cost of purchasing credits and a desire to focus on reducing its own emissions were behind the move
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What to expect for hospitality in the King’s Speech
UKHospitality has analysed the policy commitments most likely to affect the sector, ahead of the State Opening of Parliament today
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Heartstone benefits from ongoing demand for staycations
The South-West business said an increase in revenues to £9.6m in 2023, was testament to the decision to sell smaller pubs and invest in additional guest bedrooms
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Wagamama launches first ever loyalty scheme
The ‘soul club’ app provides a platform for members to redeem free menu items, exclusive content and engage with a new line up of ambassadors
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Hospitality inflation remains stubbornly high
Hotels provided a large contribution to the sector’s 6.3% figure, partially offset by the price of restaurants and cafes which saw a monthly rise of 0.3%
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Old Spike Roastery promotes Mathew Heather to MD
Heather joined the coffee roastery and cafe business in 2021 as group operations director, having previously held roles at Mitchells & Butler, Pho and Wahaca
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Oodles lines up new openings
The QSR business plans to open in Milton Keynes, Burton, Bolton, and two stores in London this year, and will soon make its Welsh debut in Swansea
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Cineworld opens talks with landlords amid closure plans
Property owners Landsec and Legal & General are said to be in active discussions with the company about a restructuring plan, Sky News reports
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Greggs unveils plans for new distribution centre
The initiative is part of Greggs’ strategic growth plan, which set out ambitious expansion targets requiring investment in supply chain capacity
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Wetherspoon hits back against TUC claims
Chairman Tim Martin defended the company against allegations of ’low-paid, insecure’ employment from Trades Union Congress chief Paul Nowak
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Brewhouse & Kitchen prepares for further growth
The brewpub operator has completed a rights issue to fund its next stage of growth, and reported £16.7m in turnover for FY23 despite ‘mixed progress’ during the year
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Auntie Anne’s makes progress towards 100-site target
The pretzel specialist announced two new openings and two remodels, part of plans to open 100 new sites across the UK and Ireland
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New FD at Black Sheep Coffee
Thomas Colebourn joins the coffee shop operator as it looks to enter the drive-thru market following the recent opening of its 100th site
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Spaghetti House reports ‘difficult’ year
The group achieved £10m turnover in the year to 31 March 2024 but achieved its best ever gross profit margin of 77%
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Pizza Hut undergoes brand reset
The chain has launched a new Handcrafted range with sourdough-style bases and new toppings, designed to appeal to a new generation of customers
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Farmer J appoints new people and culture director
Lucy Craig joins the healthy food-to-go brand, having previously held positions at Lionhearth Group, Bill’s Restaurants and Grind & Co