All news articles – Page 51
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Cubitt House achieves 22% like-for-like sales growth
The uplift comes as the pub and restaurant operator reported £19.9m in revenue during 2023
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Hospitality faces ‘looming cliff edge’
The end of business rates relief will sting the sector with a £928m bill in April, totalling tens of thousands of pounds per venue, according to UKHospitality
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Arc Inspirations turnover nears £50m
The 21-strong bar group is actively pursuing opportunities in London, Cardiff, and Scotland, with four locations in the pipeline as it endeavours to reach the 50-site mark by 2030
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Knoops plans 'controlled, profitable expansion'
The chocolate drinks retailer, which posted 2024 like-for-like revenue up 29%, is launching a £5m EIS fundraise on Crowdcube to fund upcoming openings in Belfast, York and Newcastle
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How the world’s smelliest fruit is making coffee more expensive
Prices like £5 in London for a cup of coffee may be unthinkable for some - but could soon be a reality thanks to a “perfect storm” of economic and environmental factors
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Scottish hospitality calls for talks over proposals to ban logos on pub glasses
The Scottish health secretary has been urged to consult further about possible curbs on alcohol marketing
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‘Start of the chocolate revolution’: Knoops seeks £5m for global expansion
The chain looks to grow to 300 shops in the UK and then 5,000 stores worldwide as it aims to be the Starbucks of drinking chocolate
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Gavin George to step down as Laine CEO
The Laine Pub Company founder will transition to non-executive director within the wider Punch Pubs group, while Russell Danks will lead the management of the Laine division
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Derwent London launches all-day café concept
DL/ Service will be open to the public across four of Derwent’s buildings in Fitzrovia, Old Street and Whitechapel
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Openings of the week
MCA rounds up this week’s biggest openings stories, featuring Flight Club, Afrikana, Pizza Pilgrims, Lina Stores, and more
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Businesses warned over tips law change
Appointing a troncmaster does not remove the obligation on the employer to ensure that the method of distribution is fair and reasonable, according to accountancy firm Azets
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Azzurri Group and Stonegate to share data vision
Joel Robinson, digital and technology director at Azzurri will share the vision for the group’s innovative new tech start-up Openr, and how it’s working at Stonegate, Coco Di Mama and Dave’s Hot Chicken
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Inn Collection ‘further embraces scalable mindset’
The pub with rooms operator expects to see further growth in sales and EBTIDA, as it reports turnover of £52.6m in 2023
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Harvey’s beats pre-Covid sales records
The Sussex family brewer and pub operator increased turnover by 8.3% to £24.m in 2023, and sees “plenty of investment opportunities ahead”.
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Labour plans radical health measures
Ministers are exploring giving councils enhanced powers to block the development of fast food outlets near schools, and ways of limiting the health toll from alcohol, The Guardian reports
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Itsu to share digital progress at Hostech Conference
MCA is delighted to welcome back itsu’s chief customer officer Neil Miller, who will update delegates on the brand’s transformation journey and development of its CRM, kiosks, loyalty and app
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On-trade remains challenged for Fever-Tree
The drinks supplier’s UK revenue dropped 6% to £50.9m in H1 FY24 against poor weather and a subdued consumer backdrop
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Jonathan Adnams steps down as chairman
Simon Townsend has taken over as interim chairman at the Suffolk-based brewer and operator, with Jonathan Adnams stepping down due to health reasons
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Fat Hippo launches breakfast offering
The 17-strong group says it is the first national casual dining burger brand to offer breakfast outside of an airport setting
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The Tamil Prince team to launch new casual dining concept
Located on Clapham’s Northcote Road and spearheaded by former Roti King executive chef Prince Durairaj, Tamila aims to “redefine the curry house”