All news articles – Page 50
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NewsOle & Steen: ‘The focus is to be a whole lot better’
Chairman David Campbell said the bakery chain will prioritise its hub-and-spoke model, as well as travel hubs, upon its return to the expansion trail - but will first maximise existing stores
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NewsCaffè Nero hails ‘hugely successful’ Q1
UK sales grew by 12.5% driven by strong demand for cold drinks and its summer sweet range, including its viral maritozzi breakfast brioche cream buns
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NewsPho sales top £70m
The TriSpan-backed Vietnamese restaurant group achieved like-for-like sales growth of 5.2% in FY24, with two openings in the pipeline
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring Urban Pubs & Bars, Pasta Evangelists, Popeyes, PizzaExpress, and more
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NewsPure to expand reach through retail, catering and wholesale
CEO Spencer Craig said the healthy food-to-go chain is unlikely to go for national expansion through bricks-and-mortar, instead growing the other aspects of its business
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NewsKaren’s Diner UK arm enters into administration
The Australian restaurant chain, which is famous for staff who are deliberately rude to customers, has reported ‘mounting financial pressure’ resulting in the closure of its UK operations
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NewsChaiiwala signs deal with EG Group
The agreement will see Chaiiwala significantly expand its drive-thru estate over the next three years, as the Indian street food concept looks to pass the 400-site mark
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NewsSigh of relief over resolution of rail dispute
Members of the Aslef train drivers union have backed a pay deal drawing a line under strike action that is estimated to have cost hospitality businesses £3.5bn in lost sales
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NewsChipotle focusing growth on greater London
The fast-casual Mexican brand opened its 20th UK restaurant this month and has increased its UK footprint by nearly 82% over the past 18 months, Jacob Sumner, director, European operations at Chipotle tells MCA
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NewsTikTok to share recipe for standout social content at Hostech
Rameez Al Aghbar,QSR lead at the rapidly growing social media platform, will share his thoughts on how marketers can win on social at the conference next month
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NewsHostmore files for administration and suspends listing
The TGI Fridays operator said a sales process for its corporate stores remains ongoing, but Hostmore is unlikely to recover any value for its ownership
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NewsGreene King to launch new experience-led dining destination
HighTales will open in Stoke-on-Trent following a multimillion-pound refurbishment to create ‘experience-led’ zones, including cinemas and pop-up food trucks
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NewsWells & Co COO to depart amid restructure
Shirley Couchman’s departure is a “joint decision that comes as part of restructuring efforts to align the business with the current market landscape,” CEO Peter Wells tells MCA
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NewsChopstix to make European debut
The QSR operator is to open a Chozen Noodle unit on the ground floor of the food court at Romania’s Bucharest Henri Coandă International Airport later this month.
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NewsDomino’s announces hiring spree
The London-listed pizza group is looking to on-board 5,000 new drivers, in-store staff and pizza makers ahead of its peak trading period
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NewsThe tools for omnichannel success
PizzaExpress and Wasabi Sushi & Bento will share their expertise on the tech that can help make sense of data and build loyalty at MCA’s Hostech Conference next month
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NewsMarket Place to launch first central London location
The food hall concept plans to open near St Paul’s by Q2 next year, in a bid to reach 20 sites in the coming years, managing director Blake Henderson tells MCA
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NewsComptoir delivers strong revenue growth
The operator of Comptoir Libanais and Shawa achieved a 7.4% increase in group revenue for the six months ended 30 June 2024, to £15.9m, but saw an overall loss before tax for the year of £2.2m.
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NewsAdministrators ‘on standby’ at Hostmore
Restructuring experts at Teneo have been tasked with leading the search for potential buyers of TGI Fridays UK restaurants, The Telegraph reports
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NewsPret shareholders raise £250m of new capital
News of the raise, which will serve to reduce certain banking facilities and improve liquidity, comes as Pret reports strong sales growth of 10% for the six months to 30 June 2024, driven by global expansion.