All news articles – Page 327
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NewsThe Alchemist refinances loans
The Alchemist has received a new injection of capital after completing a refinancing of its banking facilities and shareholder loans.
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NewsFive Guys: ‘Delivery is here to stay’
Future demand for delivery may be hard to predict but the market is not going to go away, Five Guys UK chief executive John Eckert has told MCA.
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NewsCrowley joins Popeyes as UK CEO
US fried chicken brand Popeyes has announced the appointment of Tom Crowley as its UK chief executive.
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NewsIssas buy up Nero debt
The new owners of Leon are close to taking control of Caffe Nero after buying up the coffee chain’s debts, The Telegraph reports.
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NewsEG Group acquires Leon
EG Group, the forecourt retailer and fast-food operator, has acquired Leon Restaurants.
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NewsDeliveroo must prove itself to the market, says Shu
Deliveroo’s founder and chief executive Will Shu has said his message to shareholders and the wider investor community is “it is on me to prove the long-term value of this company”.
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NewsDelivery and takeaway sales up more than 300%
Sales from delivery and takeaway were 346% higher in March this year than the same month in 2019, according to CGA’s latest Hospitality at Home Tracker.
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NewsSector hits back at ventilation claims
Pub and restaurant operators have fought back against claims from the British Medical Association (BMA) that the hospitality sector needs to do more to improve the ventilation in their venues in order to reduce the airborne risk of Covid-19 transmission.
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NewsPub sector rebuffs calorie labelling proposals
The pub sector has challenged the logic of introducing calorie labelling for on-trade drinks at a time when many operators in the hospitality industry are battling for survival.
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NewsEx Eat director plots QSR return
Former Eat director Aunaud Kaziewicz is launching a new concept which he is pitching as the Cote Brasserie of QSR.
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NewsPayment app raises $20m
A hospitality payment app, created by the founders of Big Mamma Group, has raised €20m (£17.3m) in a seed-funding round.
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NewsDeliveroo takes ‘prudent’ approach
Deliveroo has reported first quarter orders were up by 114% year-on-year to 71m.
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NewsUK coffee shop market contracts
The UK branded coffee shop market contracted 1.9% to 9,159 outlets in 2020, Allegra’s World Coffee Portal reveals.
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NewsRosa’s Thai plans five to six per year
Trispan-backed Rosa’s Thai has said it expects to open five to six new sites each year, while also pursuing opportunities to operate delivery-only cloud kitchens as it continues with its expansion plans.
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NewsOlder customers face discrimination due to apps
Older drinkers are at risk of being discriminated against in pubs because many do not have smartphones on which to order food and drinks, the Telegraph has reported.
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NewsHawthorn eyes standalone status with IPO
Community pub company Hawthorn has announced plans to list on the stock market and will explore the potential for an IPO following a strategic review.
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NewsAdmiral Taverns sees profits down by a third
Admiral Taverns has achieved an underlying operating profit of £11.1m, down from £17.2m in 2019, for the 52 weeks to 30 May 2020.
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NewsSessions secures new investment
Sessions Market has appointed Sourced Market founder Ben O’Brien as chief operations officer and secured a new round of investment from Perscitus.
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NewsRevolution planning to double brand portfolio
Revolution Bars Group is looking to expand its portfolio of brands from two to four, in order to capitalise on property opportunities post-pandemic, chief executive Rob Pitcher has told MCA.
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NewsYO! in food to go trial with WH Smith
YO! has signed an agreement to supply select products from its food to go range to WH Smith, in a trial partnership with the retailer.