All news articles – Page 454
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Chilango in restructuring talks with RSM
Burrito brand Chilango is in talks with RSM over a potential restructuring, City A.M. reports.
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Fuller’s warns over beer co transition costs
Fuller’s has warned that the transition costs of selling its beer business to Asahi have been “materially higher” than expected and will have a short-term impact on the group’s financial performance.
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Hackney opening on the cards for Franco Manca
Franco Manca has lined up an opening in Hackney as it expands its presence in east London, MCA understands.
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All I want for Christmas is … more consumer confidence?!
“The end of consumers’ resilience?” was the rather sobering question raised by Deloitte with their recent Q3 2019 Consumer Tracker. Deloitte concluded that weakening confidence was now finally impacting consumer spending. This article reviews the Deloitte tracker in a little more detail, compares the key trends with the other leading consumer confidence tracking provided by GfK, and draws upon MCA’s Eating Out Panel research to capture more segmental insights and share prospects for the UK Eating Out market next year.
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H1 was ‘game of two halves’ for Young’s
Young’s & Co has reported a total revenue increase of 7.3% for the 26 weeks to 30 September 2019, in a period it described as a ‘game of two halves’.
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Takeaway.com forced to clarify comments on Just Eat bid
Takeaway.com has been forced to clarify comments made by its chief executive Jitse Groen, in which he reportedly told a press conference in Barcelona that he had no plans to improve the offer for Just Eat.
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Deliveroo reveals its trend predictions for 2020
Grazing, primitive cooking methods and new-wave salads will be among the top food trends in 2020, as predicted by Deliveroo.
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Warne, Turner and Imbiba team up for Sessions food hall venture
Former Deliveroo UK general manager Dan Warne is launching a food hall business backed by Imbiba, with a debut site secured for Brighton seafront.
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Why online delivery should be your first concern
Over the last 10 years, changes in social trends and economics have led to a shift in the way we consume food. Longer working hours, people remaining single for longer, the economic crisis and the growth in technology platforms has resulted in people choosing more frequently to ‘dine-in’ rather than dining out.
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Thwaites achieves strong first half performance
Thwaites has achieved a 7% increase in turnover, from £49.9m to £53.4m, for the six months to 30 September 2019.
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Wetherspoon sales up 5.6%
Wetherspoons has reported a sales uplift for the 13 weeks to 27 October 2019. Like-for-like sales increased by 5.3% and total sales by 5.6%. Wetherspoons has opened one new pub since the start of the financial year and has disposed of four.
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Camerons Brewery acquire Bar Soba group
Camerons Brewery has announced the acquisition of the Bar Soba group in a deal that will see the brewer and pub operator grow its retail managed estate to 34 sites.
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Puttshack announces new senior appointments
Puttshack has appointed Paul Hunter as operations director and Chris Lincoln as head of learning and development as the mini golf experience prepares for further expansion.
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Tallboy made group CIO of TRG
Wagamama chief information officer Richard Tallboy has been promoted to group CIO of parent company The Restaurant Group, MCA understands.
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Domino’s appoints NED in hunt for chairman
Domino’s Pizza Group has appointed Usman Nabi to the board as non-executive director and a member of the nomination committee.
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BigDish appoints Sumner CEO
BigDish, the yield management platform for restaurants, has appointed Tom Sumner, formerly of Gourmet Society and Tastecard, as its new CEO.
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BBPA publishes new accessibility guidance
BBPA has published new guidance to help licensees make their venues as welcoming as possible for those with access needs.
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Rice Guys line up first permanent site
Rice Guys has lined up its first permanent standalone site on London Wall, MCA understands.
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Chestnut to launch further fundraise; undergoing rebrand
Chestnut Group is about to launch another fundraise as it looks make acquisitions in the next six to 12 months that could boost its revenues by 35-40%, MCA can reveal.
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Charcoal Concepts lines up new concept
Indian foodservice corporation K Hospitality is launching a new fast-casual concept, Tamarind Tiger, on Baker Street, MCA understands.