All news articles – Page 336
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NewsLast chance to register for Retailer’s Retailer Awards
MCA’s 2021 Retailer’s Retailer Awards will be broadcast live tonight (11 March), so please do you register your interest now in attending this prestigious event.
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NewsRalph Findlay to leave Marston’s
Ralph Findlay has announced he is to step down as CEO of Marston’s after 20 years in the role.
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NewsGovernment launches review into commercial rents
The government has committed to take further steps to help resolve the commercial rent issue after launching a review into tenant and landlord legislation.
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NewsSwingers secures $20m for US expansion
Swingers, the experiential mini-golf concept, has secured $20m (£14.4m) in new investment from existing backer Cain International to fund its expansion into the U.S.
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NewsJust Eat’s UK revenues up 42%
Just Eat Takeaway.com achieved a 42% increase in revenue in its UK business in 2020, from €509m to €725m. Adjusted EBIDTA for the UK was €216m – up 2% on 2019.
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NewsLiberum on Domino’s
For Domino’s to unveil its strategic growth plans before a proposed deal with franchisees has been accepted raises questions, analysts at Liberum have said.
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NewsHonest appoints first CEO in senior reshuffle
Honest Burgers has appointed Frank Hayes, a former director at Spirit Group, as the company’s first CEO.
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NewsAngus Steakhouse on brink of collapse
Angus Steakhouse has hired KMPG to secure a rescue deal for the restaurant chain, which is on the verge of going into administration, The Telegraph has reported.
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NewsTRG revenues down more than 50 percent
The Restaurant Group (TRG) has seen total revenues down 57% to £459.8m, for the 52 weeks ended 27 December 2020.
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NewsTRG announces £175m capital raise
The Restaurant Group (TRG) has announced a proposed capital raise of £175m, by way of a firm placing, and placing and open offer.
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NewsAdam Handling promotes ops director
Adam Handling Restaurant Group has promoted its operations director Nicola Gartenberg to executive director as it gears up for expansion. The role will also see her appointed to the board.
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NewsPunch rolls out dark kitchen brand
Punch Pubs is rolling out its virtual burger brand Bull & Bird across its estate, and has a second virtual brand in development.
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NewsRockfish: Summer could be ‘best ever’
Rockfish is gearing up for a second summer of staycations as it secures its latest restaurant in Devon town Salcombe.
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NewsTurtle Bay closes two sites due to covid
Turtle Bay closed two UK sites at the tail of its estate for the “foreseeable future”, which became inviable due to covid-19.
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NewsDomino’s plans 200 new stores
Domino’s has capitalised on its 20% share of the UK foodservice delivery market with 2020 sales up 11.4% to £1.3bn, and like-for-like sales growth of 10.3%.
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NewsOakman acquires six Seafood Pub Co sites
The Oakman Group has acquired six pubs from the administrators of Seafood Pub Company.
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NewsNarrowing rates relief a ‘sting in the tail’
The business rates relief announced in the Budget is due to expire very close the 21 June reopening date, which could cause problems if there is any slippage to the roadmap, Kate Nicholls has warned.
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NewsDeliveroo confirms float intentions
Deliveroo has confirmed it is “considering an initial public offering” and intends to publish a registration document today (8 March).
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NewsDomino’s to dispose of Swedish business
Domino’s is to dispose of its Swedish business in order to focus on its operations in the UK and Ireland, following the exit from Domino’s Norway last year.
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NewsIsland Poke secures investment from Hero Brands
Island Poke has secured a cash injection from hospitality investor Hero Brands in order to help accelerate its expansion plans, the Press Association has reported.