All news articles – Page 460
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Nando’s lines up Nino express format in Clapham
Nando’s is to launch a third London site under its Nando’s Nino express format, aimed at takeaway and delivery, MCA’s sister title Big Hospitality reports.
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Johnson revives sale plan for Gail’s
Entrepreneur Luke Johnson is reviving plans for a sale of Gail’s Bakery, Sky News reports.
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Fazenda turnover up but profits down after two new openings
City District, the operator of premium Brazilian steakhouse Fazenda, has increased its turnover but narrowed profits after opened two new restaurants last year.
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Hedge funds circle Pizza Express
Hedge fund CarVal is one of a number of money managers that has bought into Pizza Express’s heavily discounted corporate bonds, The Daily Telegraph reports.
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Just Eat reports 25% revenue growth in Q3
Just Eat has reported revenue growth up 25% to £247.5m in Q3 2019.
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Chick-fil-A to leave the UK
Chick-fil-A is to exit the UK once its six-month lease expires. The US chicken shop opened its doors last weekend but was dogged by negative publicity around suggestions it’s anti-LGBTQ. The long running controversy is the result of comments made by COO Dan Cathy in 2012 in favour ...
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Rare Restaurants appoints new group CFO
Rare Restaurants, the operator of Gaucho and M Restaurants, has appointed Rob Dawson as group chief financial officer, MCA understands.
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Analysts’ verdict: Goodbody on Domino’s
Domino’s decision to exit its international markets should be well received by investors, according to Rachel Fox, gaming and leisure analyst at Goodbody.
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Winnow secures £15m to tackle food waste
Winnow, the artificial intelligence platform for cutting food waste, has completed a series B round of funding worth £9.3m.
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Tortilla teams up with SSP
Tortilla has signed a development agreement with SSP Group, which will see the Mexican fast-casual brand open five travel hub sites within the next year.
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Byron brews up partnership with Paddy & Scott’s
Byron has teamed up with Paddy and Scott’s to boost its coffee offer. The roll out will begin in their new look branded site High Street Kensington in November. The coffee will be on offer alongside Byron’s new brunch menu. It will then roll out across the Byron estate. “We are delighted to introduce Paddy and Scott’s into Byron,” said Byron CEO Simon Wilkinson.
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Domino’s delivers ‘solid’ performance
Domino’s has hailed a “solid” performance as it released a Q3 trading update for the 13 weeks to 29 September 2019.
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A culinary postcard from Jordan
One of the greatest attributes of the UK casual dining scene is its sheer diversity and multi-cultural richness. It has been supported by a long history of international migration and more recently, by assorted entrepreneurs looking to bring a taste of their childhood to their relocated adulthood (for example, Tony Kitous at Comptoir Libanais and Nisha Katona at Mowgli) and by inspired travellers looking to replicate assorted food and beverage delights on their return home (not least Mark Lilley at Abokado and Stephen and Juliette Wall at Pho).
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Bills posts £9.1m loss for 2018; lfls boost following refurb programme
Bills Restaurants made a £9.11m loss last year – but has retuned to above market like-for-like sales growth across its estate following a major refurbishment programme, MCA can reveal.
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CMA will continue to investigate Deliveroo and Amazon deal
The CMA has launched an official Phase 1 investigation into Amazon’s deal with Deliveroo. The investigation will try to establish whether the deal would create a lessening of competition in the UK food delivery market. If the CMA does reach that conclusion, Amazon and Deliveroo could offer compromises in order to appease the CMA’s concerns. If it can’t, a Phase 2 investigation could start and potentially block the deal altogether.
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Megan’s lines up seventh site
All-day brunch restaurant Megan’s, backed by Tossed founder Vincent McKevitt, is to open its seventh London site in January 2020.
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Twitter founder launches POS for restaurants
Square, the payments provider from Twitter founder Jack Dorsey, has launched a point of sale (POS) platform for restaurants.
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Döner Haus takes former Byron unit in Manchester Corn Exchange
Berlin inspired kebab concept Döner Haus has taken Byron’s former unit in the Corn Exchange Manchester.
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Market Halls Oxford Street line-up revealed
Market Halls’ forthcoming Oxford Street opening will see Pastaio, Roti King, Breddo Tacos and BaoziInn join the line-up, Time Out reports.
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The Botanist and Mowgli sign for St George’s in Preston.
The Botanist and Mowgli have been signed for St George’s Shopping Centre in Preston.