All news articles – Page 464
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News
Continued focus on Revolution as improvements start to pay off
Revolution Bar Group is to focus its site investment programme on Revolution in a bid to “revitalise” the brand, with 12 of its 15 upcoming refurbishment projects to be carried out at these sites, chief executive Rob Pitcher told MCA.
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Burger King ‘milkshake’ tweet branded irresponsible
The ASA has said a tweet by Burger King was irresponsible and warned it must ensure its ”future marketing communications did not condone or encourage anti-social behaviour.” On 18 May 2019 Burger King sent a tweet which read: “Dear people of Scotland. We’re selling milkshakes all weekend. Have fun. Love BK. #justsaying”.
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Ossett Brewery appoints new MD for brewing arm
Ossett Brewery has appointed Alex Minett as managing director of its brewing company, as it gears up for the next stage of growth.
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Bolton Inns takes on third Star site as it looks to reach 15
West Midlands pub operator Bolton Inns has taken on its third site with Star Pubs & Bars as it looks to expand its footprint with five additional pubs in the next two to three years.
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Tim Hortons enters delivery with Just Eat
Canadian coffee import Tim Hortons has become the latest high street name to enter the delivery space.
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Pret rolls out coffee cup recycling scheme to majority of shops
Pret has expanded its coffee cup recycling scheme to more than 350 UK shops – almost 90% of its estate – following successful trials in London, Leeds and Glasgow.
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Pizza Hut Delivery launches two versions of new fast casual concept
Pizza Hut Delivery has begun a national rollout of its ‘fast casual’ stores with the launch of two different formats.
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BrewDog Dalston goes fully vegan
BrewDog’s Dalston bar is going fully vegan as part of a partnership with Biff’s Jack Shack.
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Erpingham House hits 50% of £250k crowdfund
Erpingham House, the UK’s biggest vegan restaurant, has secured 50% of its crowdfunding target ahead of its public launch later this week.
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More growth for Greggs
Greggs has revealed 7.4% increase in like for like sales for the 13 weeks to September 28, 2019. Total sales were up 13.9% and the business opened a net total of 56 shops. Greggs said the business “continued to trade very strongly in the third quarter. As expected, the rate of year-on-year sales growth moderated as we came up against stronger comparative sales from the previous year, but sales were still up strongly, driven predominantly by growth in customer numbers.”
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Upping the NLW threatens “double whammy” for the industry
Sayid Javid has announced plans to raise the National Living Wage from its current rate of £8.21 to £10.50 inside five years. Speaking at the Conservative Party Conference, the chancellor also revealed plans to lower the age threshold in order for employees to qualify for the NLW from 25 to 21, saying the move would “help the next generation of go-getters to get ahead”. But UKHospitality CEO Kate Nicholls said the announcement ”threatens a double whammy
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Delivery versus in-house: What’s the difference in price?
I had a Deliveroo from Pho the other day. As nice as the Vietnamese curry always is, I was charged £11.25 for a dish that costs £10.50 in their Guildford restaurant. This started a small chain reaction of looking at other Pho price differentials, and then a few other restaurant chains. At Pho, the use of higher prices on Deliveroo was pretty much universal. Starter prices were typically 20p-30p dearer on dishes that mainly range between £4.95-£6.95, equating to a 4-6% premium on delivery.
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Creams appoints new execs in readiness for growth
Dessert café Creams has made several new appointments to its executive leadership team as it readies itself for the next stage of growth.
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Caring appoints Robinson CFO as Lawrence departs
Richard Caring has appointed Chris Robinson, formerly of Berry Bros. & Rudd wine merchants and Tesco, as chief financial officer across his main restaurant businesses, MCA can reveal.
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Jamie’s profits plunge following restaurant collapse
Jamie Oliver has revealed the scale of the impact the collapse of his restaurant group had on his overall business interests. Pre-tax profits at his businesses, made up of Jamie Oliver Holdings, Jamie Oliver Licensing and Jamie’s Italian International, almost halved by 46%, from £14.4m to £7.8m. The business said its profits were “impacted by exceptional costs of £9.9m in the year related to the restaurant group.”
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Revolution reveals drop in profits as it builds for the future
Revolution Bars has revealed a fall in profits for the 52 weeks ended 29 June 2019, after exceptional items of £7.1m and bar opening costs of £1.5 million delivered a pre-tax loss of £5.6m. Like for like sales were also down 3.5%, but the business said they had improved over the period, from a 4% drop in H1, to a 2.9% drop in H2 and down 1.8% in Q4.
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BBPA appoints new chief executive
The British Beer and Pub Association (BBPA) has appointed Emma McClarkin as its new chief executive, replacing Brigid Simmonds who steps down on 11 October.
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Chapel Down loses £1.7m amid investment drive
Chapel Down Group has reported year on year combined sales up 21% to £6.744m, for the six months to 30 June.
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Spragg: ‘If you get your proposition right, you are going to win’
Despite the struggling seen in the casual dining sector, “if you get your proposition right, you are going to win”, believes James Spragg, chief executive, Casual Dining Group.
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Phillimore to step down from Wells & Co
Wells & Co has announced CEO Justin Phillimore is stepping down at the end of the year after 13 years with the business.