All news articles – Page 45
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Velvet Taco announces Soho debut in spring 2025
Piccadilly Circus will be the US brand’s first international location, with more sites planned across the UK in the coming years
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Joe & the Juice makes new leadership appointments
Kristina Limbrecht has joined as chief people officer and Nicolai Klinkby as chief legal officer as the brand works towards a 1,000-strong global estate
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UKHospitality calls for ongoing consultation on zero-hours contracts
The trade body has welcomed the recognition of the importance of flexibility in the Employment Rights Bill, but warned that changes are not without cost
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Thornbridge & Co to make London debut
The Wild Swan will open on 99 Fetter Lane in Easter 2025, under the Thornbridge Brewery and Pivovar joint venture
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Lucky Voice launches new ‘inclusive’ drinks offering
The new menu, spearheaded by newly appointed head of operations Steve Little, features 18 new cocktails and mocktails, and has been launched in response to growing demand for low and no-alcohol drink options
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Red Engine introduces reimagined menu
The overhaul at Flight Club and Electric Shuffle venues is a move to offer customers something new, and also to deliver a more cohesive offer that increases the speed of service, aligns with current F&B trends, and reduces wastage
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Richard Franks steps down as HOP Vietnamese MD
Founder Paul Hopper has resumed his role as MD as the business moves into the next phase of its growth strategy
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Pub sector warns of ‘end of affordable pint’
Brewers and pub operators have warned Chancellor Rachel Reeves that increasing tax on alcohol and pubs in this month’s Budget could result in closures as businesses have “nothing left to give”
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XP Factory secures new £10m bank facility
The experiential leisure operator said the new revolving credit facility would give it the flexibility and capacity to grow both its Boom Battle Bar and Escape Hunt estates.
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Marston’s achieves 4.8% rise in like-for-likes
The pub operator reported total retail sales for its managed and franchised pubs of +5.8% for the 52 weeks to 28 September 2024, with food sales particularly encouraging.
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Azumi continues to expand portfolio
The global restaurant group, which operates Roka and Zuma in London, has reported £205m in revenue for 2023, along with new additions to its overseas portfolio
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Uber Eats announces new sustainability initiatives
The investment aims to support Uber in meeting customer needs while making convenience and sustainability a core part of the user experience across the global platform
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CUPP to launch hot food offering
The Taiwanese bubble tea brand will begin rolling out an Asian-inspired hot food menu across its estate later this month
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Cooks Coffee achieves 26% increase in group sales
The Esquires operator, which trades from 83 coffee shops in the UK and Ireland, further reported a 36% uplift in UK store sales to £11.4m in the 26 weeks to 29 September
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KFC UK delivers 4% increase in turnover
Turnover rose to £294m in 2023 as the QSR giant pushes forward with expansion to reach the 1,500-site mark in the UK
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Loungers continues to outperform market
The all-day café/bar/restaurant operator delivered like-for-like sales growth of 4.7% in the 24 weeks ended 6 October, along with £178.3m in revenue
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Popeyes rollout uplifts revenue to £58m
The business increased its number of sites from 17 to 38 in 2023, and aims to reach the 70-site mark by the end of 2024, supported by investment from TDR Capital
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Breal Capital and Calveton acquire TGI Fridays
The deal involves 51 restaurants and will secure the future of more than 2,000 jobs, and will see TGI Fridays continue to operate across the UK, with the group hopeful it may be able to secure further locations following discussions with the landlords
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Mark Loughborough leaves Young’s
The retail director, who has been with Young’s for 14 years, steps down following a review of the operational requirements of the business
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Breal Capital and Calveton close in on TGI Fridays deal
Sky News reports the deal, which could be completed today, is expected to include between 50 and 55 of the chain’s 87 sites and at least 2,000 of its more than 3,000-strong workforce