All news articles – Page 497
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News
Warning that council funding shortfalls could hit hospitality
UKHospitality has warned that local authorities suffering from a lack of funds could have a negative effect on the hospitality sector.
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GBK hit by landlords exercising break clauses
A further eight landlords have exercised break clauses in the past week on Gourmet Burger Kitchen (GBK) restaurants included in the Company Voluntary Arrangement (CVA) launched last October.
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Inglenook builds freehold estate with additional four pubs
Inglenook Inns and Taverns has boosted its freehold estate with the acquisition of four further pubs last month, taking its total to 12, MCA has learnt.
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TRG confirms Hornby will join as CEO in August
The Restaurant Group (TRG) has confirmed that new chief executive, Andy Hornby, will join the company on 1 August.
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Peabodys looking to build collection of high street coffee shops
Peabodys Group is looking to build a collection of high street coffee shops, after opening its first at Holborn Viaduct, earlier this month, MCA has learnt.
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Greene King and Pret among operators working with increasing number of offenders
Greene King and Pret A Manger are hundreds of businesses that could see more opportunities open up to employ offenders, as part of efforts to rehabilitate them pre-release.
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Gordon Ramsay Restaurants returns to profit
Gordon Ramsay’s restaurant group has posted a pre-tax profit of £0.5m for the year to August 2018, according to The Guardian.
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Urban Village Pub Co negotiates on further funding for growth
Urban Village Pub Company is negotiating further funding that could see it raise at least £5m to help it towards its 15-20 pub goal within the next two to three years, MCA has learnt.
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Evans swaps Be At One for Puttshack
Sophie Evans has left Be At One to join Puttshack as marketing director, MCA understands.
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Report urges councils to approach Tourist Tax with caution
A cross-party group of MPs has called on councils to proceed with caution if considering introducing a Tourist Tax.
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Soho House appoints Carnie as first CCO
Soho House has appointed Andrew Carnie as its first chief commercial officer.
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Crussh extends Sodexo partnership out of London
Crussh, the healthy food and juice brand, has extended its Sodexo partnership outside of London, with its first healthcare site.
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GBK FY lfls down 4.2% - but up 8.1% YTD
GBK saw like-for-like sales (lfls) fall 4.2% in the year to 24 February but in the 12 weeks following rallied to an 8.1% increase.
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Penta Foodservice ceases trading after second administration
Penta Foodservice, the Farnborough-based restaurant wholesale supplier, has collapsed into administration after haemorrhaging customers following a previous rescue.
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May 2019
This month’s print edition of MCA examines the challenges associated with the proposed increase in the minimum wage. We hear from senior sector figures that the Government needs to propose a joined-up solution to ensuring fair pay for all. We also speak to the chief executive and chairman of Loungers about their IPO and why they are certain it will not change the company culture. We are also profiling Taco Bell as the US giant makes it second time lucky in its bid to expand across the UK. Established operator YO! Sushi, meanwhile, is reinventing itself to appeal to an evolving consumer basis, chief executive Richard Hodgson tells us. Plus, we kick off our series of features with the winners of the 2019 Retailers’ Retailer of the Year Awards by interviewing the founders of Caravan.
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Real Eating Co acquires EAT site
Real Eating Company, the South East-based restaurant café group, has taken on the EAT site in Chichester.
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Carluccio’s to roll out Fresca menu across estate
Carluccio’s will kick of this autumn with a menu alignment that will meld the old with the new as part of its £10m Fresca renewal programme designed to breathe new life into the brand.
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Wadworth to sell 24 pubs
Wadworth, the Wiltshire-based brewer and pub operator, has put 24 sites up for sale following a review of the estate.
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NewRiver to double capex as it eyes further growth
NewRiver, owner of more than 670 pubs, has revealed ambitions to double capital expenditure this year to £5.6m in its pub estate as it eyes “a number of sellers of assets” to drive its growth.
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YO! launches sauce range with Tesco
YO! has broadened its retail offer with the introduction of a rage of sauces with supermarket chain, Tesco.