All news articles – Page 506
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News
Veggie Wraps and Big Macs with Bacon boost McDonald’s sales
Menu innovations have helped to drive growth for McDonald’s UK and Ireland in Q1 of 2019.
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Pubs Code review launched
The Government has launched its promised review of the Pubs Code and the effectiveness of the adjudicator.
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PizzaExpress underlying lfls flat in 2018
PizzaExpress has reported flat like-for-like sales in 2018, with group turnover up 1.6% to £543m.
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Sushi Daily partners with Debenhams
Sushi Daily is to launch a partnership with Debenhams at its Manchester store next month, MCA understands.
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Diageo exploring ‘third space opportunities’
Diageo has detailed plans to grow in ‘third space’ outlets that blend hospitality and retail, as well as food delivery apps.
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Doughnut Time reveals two more additions
Doughnut Time opened its 11th site, in Finsbury Avenue Square, last week, and has a further location lined up to open at 74 Upper Street in Islington this Saturday.
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Bob & Berts to add three to Scottish estate; exploring opps in England
Northern Irish coffee shop chain Bob & Berts is to double its estate in Scotland this year, with the addition of three sites. MCA has also learnt the British Growth Fund-backed business is “exploring the possibility of opening stores in England”, but does not have any proposed sites currently, according to a spokesperson for the company.
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Paul to open second Express site, with plans for more
Paul UK is to open a second Express format site on Tottenham Court Road next month.
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Gladwin Brothers looks set to open fourth London restaurant
Gladwin Brothers is set to open a fourth restaurant, in the former Flavour Bastard site on Frith Street, MCA understands.
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Over Under brings cafe-bar hybrid to Manchester
Over Under Coffee, the specialty operator, is opening its first coffee shop and cocktail bar outside of London, in Manchester.
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Anuj swaps Abokado for Various Eateries
Former Abokado head of marketing Vineeta Anuj has joined Various Eateries, MCA understands.
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7Bone trials craft beer bar Strobelight Honey in Reading
7Bone, the Kings Park Capital-backed burger concept, is trialling a craft beer bar concept at its Reading site, with the possibility of bringing it to further restaurants as a standalone concept, MCA has learnt.
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Coffee out of home worth £3.2bn
Out-of-home coffee is worth £3.2bn, and has grown 6% year on year for the past five years, a study by the British Coffee Association (BCA) and Centre for Economics and Business Research (CEBR) reveals.
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Hickory’s Smokehouse secures site in Poynton
Piper-backed American barbecue restaurant Hickory’s Smokehouse has secured its next site, in Poynton, Cheshire, on the site of the former Vernon Arms pub.
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Equistone invests in CH&Co
Former Gaucho owner Equistone has invested in contract caterer, CH&Co, acquiring the stake previously held by MML Capital Partners.
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Oakman Inns completes acquisition of seven-strong pub freehold package
Oakman Inns has acquired a seven-strong package of its own managed pubs’ freeholds, with combined EBITDA of £2.8m, from funds managed by Downing LLP.
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Whitbread sees dip in lfl accommodation and f&b sales
Whitbread has reported like-for-like (lfl) food & beverage sales down 2% in its full financial year.
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GK FY managed lfls up 2.9%
Greene King has reported like-for-like sales (lfls) in its managed Pub Company arm in the year to 28 April were up 2.9%.
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Hall & Woodhouse announces changes to senior team
Hall & Woodhouse has announced a shake-up of its senior team, with business partnerships director Matt Kearsey promoted to managing director after 10 years with the business.
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Young’s appoints Owen as CFO
Young’s has appointed Mike Owen, of Hall & Woodhouse, as its new chief financial officer.