All news articles – Page 47
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NewsJames Croft joins Punch Pubs
The co-founder of Valiant Pub Company, who also spent 18 years with Ei Group, has joined Punch as group strategy & commercial director
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NewsBurger King UK partners with Uber Direct
The exclusive partnership will allow customers to order direct from the Burger King app with rewards such as delivery deals and loyalty points
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NewsFarmer J looking to accelerate expansion next year
The business is looking to capitalise on the +20% like-for-like growth it has achieved so far this year, with six to eight London openings planned in 2025, founder Jonathan Recanati tells MCA
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NewsChopstix acquired by QSRP
The aquisition by the leading European quick-service restaurant platform will allow Chopstix to accelerate growth across the UK and Europe
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NewsTurnover surges at Blank Street
The New York-founded coffee shop chain, which launched in the UK in 2022, has reported a 517% turnover uplift to £11.4m in 2023
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NewsOle & Steen delivers 25% rise in turnover
The bakery chain, which operates c26 stores in the UK, reported £34.8m in turnover in 2023, attributed to both new stores and organic growth from the existing portfolio
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NewsGreggs continues to extend reach
The retailer continues to expand its estate, with growth supported by menu development, investment into supply chain capacity, and extended trading hours and new digital channels
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NewsPermanently Unique announces next phase of growth
The TATTU operator will debut its Fenix and Louis brands in London along with its first international location in Dubai, with a new £15m credit facility secured to fund expansion
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NewsBurger & Lobster achieves sales uplift
The London-based restaurant group’s nine-strong portfolio has delivered 4% sales growth in 2023, with the refurbishment programme driving results
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NewsFoodservice inflation continues to see year-on-year decline
Inflation stood at 2.8% in August, according to the latest Foodservice Price Index from Prestige Purchasing and CGA by NIQ, although certain categories are still seeing stubbornly high inflation
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NewsThe future of digital in hospitality
Hear from the likes of Five Guys and Papa John’s during a ‘blue sky’ panel at MCA’s Hostech Conference later this month on how operators are embracing a digital future
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NewsSt Austell enters low-alcohol beer market
The brewery and pub operator will launch Proper Job 0.5% – its first new category launch since entering the lager market in 2010 – in a bid to capitalise on the growing trend for low- and no-alcohol drinks
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NewsNon-exec steps down at Cooks Coffee
Paul Elliot has stepped down as non-executive director, with immediate effect, with Gordon Robinson, UK based independent director, assuming Elliot’s previous role of chair of the audit committee.
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NewsIncipio Group achieved record sales in 2023
The London-based bar group saw a 32% improvement in sales performance, with revenue of £25.9m for the full year to 31 December and record adjusted EBITDA of £2.5m.
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NewsTasty improves profitability despite revenue drop
The operator of Wildwood and Dim T restaurants achieved revenue of £19.1m for the half year to 30 June 2024 – a decline of 12%, however operating profit improved over the period, from a loss in 2023.
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NewsLeon achieves strong lfls but losses widen
The Asda-owned brand achieved like-for-like sales growth of 17.5% at its company-owned sites, during the 52 weeks to 31 December 2023, however operating loss was £12.6m for the period.
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NewsLumina to reveal latest insight at MCA’s Restaurant Conference
Insight lead Katie Gallagher will take to the stage at the conference on 7 November to share an exclusive preview of Lumina Intelligence’s brand-new Restaurant Market Report.
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NewsFormer ‘rudest restaurant in London’ fined after mice found in kitchen
Chinatown’s renowned Wong Kei has been prosecuted for food hygiene offences and fined more than £40,000
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NewsLabour set to water down Tory ‘green’ tax on packaging
At a time of rising costs for hospitality, a double penalty of being incorrectly levied a EPR fee and paying for commercial waste disposal is the last thing the sector needs, according to Kate Nicholls
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NewsMinisters look to lift alcohol ban in football stadiums
George Adam, the minister for parliamentary business, has joined calls for the restrictions to be relaxed as ‘things have moved on’