All news articles – Page 5
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NewsBusaba Eathai files notice to appoint administrators
It comes as the Alan Yau-founded restaurant concept closes London restaurants in Bloomsbury and Kingston, leaving it with an estate of six sites
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NewsDeliveroo shareholders agree takeover by DoorDash
The shareholders have voted overwhelmingly in favour of the takeover announced on 6 May
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NewsNew and mature venues drive growth for State of Play
The operator of Bounce, Hijingo, and Flight Club North America reported nearly £50m turnover in its most recent accounts, as it continues rolling out venues around the globe
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NewsCarl’s Jr confirms further six restaurants
The Boparan-operated QSR chain recently launched its ‘most successful European opening to date’ in Cardiff, with Swansea, Manchester, Southampton, Bristol, York, and Leeds to follow
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NewsStonegate confirms central support job losses
The group has reduced the size of its managed estate over the past two years, from around 800 pubs to approximately 500 – necessitating a small central support team, it said.
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NewsF&B inflation rises again in April
Hospitality F&B prices continued their upward trend in April, with costs rising 2.3% YoY and 0.6% month-on-month, according to the latest CGA by NIQ and Prestige Purchasing Foodservice Price Index
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NewsDrinking culture shifts peak karaoke bar bookings
The peak time for bookings at karaoke bar chain Lucky Voice has moved from 10pm, to 8pm, as more young people are choosing not to drink alcohol, its chief executive Charlie Elek said.
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NewsItsu appoints new marketing director
Annabel Mackie has joined the business from her role as managing director at creative agency Five by Five Global, having previously held senior positions at M&C Saatchi London
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NewsTimothy Taylor pub estate sees ‘significant recovery in profitability’
The brewer and pub operator reported an increase in profit before tax, from £0.5m to £2.7m, for the year ended 30 September 2024
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NewsRichard Caring apologises for Ivy’s demand for supplier discount
The restauranteur said the letter, which stated a “mandatory” 2.5% discount on invoices, was “totally incorrect” and had not been approved
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NewsPub sector increases commitment to DEI
Companies including Fuller’s, Greene King, and Punch Pubs have committed to furthering diversity and inclusion in support of the BBPA’s Open To All charter
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NewsUK net migration set to fall, fuelling labour shortage concerns
UK net migration is expected to fall to 200,000 in 2026, raising the risk of labour shortages in key sectors including hospitality, retail and care, according to the government’s independent Migration Advisory Committee
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NewsWagamama launches major new brand campaign
‘Food is Life’ builds on the brand’s belief that food is more than fuel with the new campaign celebrating the everyday moments when food brings people together
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, including Flat Iron, Base Face Pizza, Kapital, and more
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NewsStarbucks exploring China stake sale to fund future growth
Speaking to the FT, global CEO Brian Niccol said the company had seen “a lot of interest” from potential investors, and was now weighing the value of bringing in a partner to support expansion in China
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NewsSpending review offers mixed signals for hospitality
Sector leaders have warned that the Government’s 2025 Spending Review offers only limited immediate support for the UK’s hospitality and night-time economy
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NewsDave’s Hot Chicken to add seven to UK estate
The brand is set to launch in Birmingham and Manchester in the coming weeks, with its London debut continuing to deliver phenomenal volumes six months post-launch
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NewsConsumers shift to earlier dining: ‘6.12pm is the new 8pm’
The average preferred dinner booking time in the UK is now 6.12pm, according to new research from Zonal and CGA by NIQ, highlighting a continued shift towards earlier going-out habits
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NewsSushiDog secures £1.3m investment to drive national rollout
The QSR sushi chain has secured a further £1.3m from long-term backer Middleton Enterprises to accelerate its UK expansion, with a goal of reaching 40 sites over the next five years
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NewsWadworth grows profit and managed pub sales
The brewer and pub operator has reported a 17% increase in EBITDA to £5.4m for the year to 4 January 2025, alongside strong growth in its managed estate and own-brewed beer sales