All news articles – Page 41
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Unions urged to abandon London Underground strikes
Kate Nicholls told union leaders that businesses which were banking on Christmas income will risk “closing down, shedding jobs”
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Caffè Nero acquires 200 Degrees
The Nero Group aims to expand the Nottingham- based 200 Degrees brand as part of its growth strategy in the UK
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Tortilla to expand SSP partnership
The five-year plan sets the stage for the burrito brand to grow from six to 18 travel hub sites with the global concessions operator
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Flat Iron reports record sales
The Piper-backed affordable steakhouse chain, which has appointed advisors to assess its options, reported sales up 38% to a record £49.6m this year
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Treasury considering how to expand access to pubs for small brewers
The government wants to give pubs “greater flexibility to buy beer from local small breweries to help bring in more footfall, expand choice for drinkers and support local breweries” The Guardian reports
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Time Out Market confirms London talks
The media and hospitality group is reported to be negotiating over a 28,000 sq ft space at 10 Piccadilly and 55 Regent Street with the Crown Estate
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Martin Williams leaves Rare Restaurants
He departs after six years, having assumed leadership of the steakhouse chain Gaucho after it was acquired out of administration in 2018
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Stonegate appoints new chief marketing officer
Kay Bartlett is currently CMO at Wagamama and will officially join Stonegate in February
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Pizza Pilgrims appoints advisors to assess strategic options
The Neapolitan-inspired pizzeria brand has had unsolicited conversations with trade operators, international hospitality partners, global food service providers and financial institutions about its next steps
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Beds and Bars announces management changes
Luke Knowles is to replace CEO Keith Knowles, who will step up to executive chairman as managing director Murray Roberts retires after three decades with the pub, bar, and hostel operator
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Mark McQuater joins Social Pantry as chairman
The former Revolution Bars Group CEO also chairs Parogon Group, Deckhouse and Professional at Play
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Punch acquisitions to boost profits
The pub group expects to realise an additional £8.5m in EBITDA following the acquisition of 34 pubs
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In pictures: Hostech 2024
MCA’s Hostech conference featured speakers from itsu, Popeyes, Caffe Nero UK, PizzaExpress, Big Table Group, KFC, Papa Johns, The Restaurant Group, M&S Cafes, TikTok and many more
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Costa reaches £1.2bn revenue
The 2023 figure represented an increase of £105m (9%) from £1.1bn in 2022, with the coffee business continuing to invest in new stores, renewing existing sites, and proposition development
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Openings of the week
MCA rounds up this week’s biggest openings stories, featuring Shake Shack, King Pins, Jamie Oliver Group, Bun House Disco, and more
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House of Lords report calls for ‘complete ban’ on junk food advertising
A 10-month inquiry has recommended measures such as taxes on junk food and a new law requiring large food companies to reduce the salt, sugar, and calories in their products
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Wimpy UK revenue drops 17%
The sharp drop was caused by a decline in footfall, along with economic uncertainty, parent company Famous Brands reported in its interim results
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Stonegate invests £1m into launching new beer hall concept
Rita’s Beerhall and Ballroom will open in Leeds city centre before Christmas, offering live music, entertainment, and all-day dancing seven days a week
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Knoops designed to ‘scale in parallel’ across markets
CEO William Gordon-Harris reflected on Knoops’ fundraise on CrowdCube, which closed 480% above its £1m target and will support the chocolate specialist in establishing an international presence
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Dishoom’s Brian Trollip promoted to CEO
Having joined the group in 2010 and serving as MD since 2020, Trollip will now overlook all aspects of the business, with co-founders Shamil and Kavi Thakrar continuing in their roles