All news articles – Page 531
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News
Greggs’ vegan sausage roll drives New Year sales lift
Greggs has said the publicity around its vegan sausage roll launch helped drive like-for-like sales (lfls) growth of 9.6% in its company-owned stores in the seven weeks to 16 February.
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Former DM Group founders to open new Fulham pub
Mark Dyer and Eamonn Manson, founders of DM Group, are to open a new brasserie-style restaurant next month – Brook House on Fulham Broadway, MCA has learnt.
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Junkyard Golf lines up further London site
Junkyard Golf has lined up a further site in central London, MCA understands.
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Ei Group agrees corporate partnership with charity The Clink
Ei Group has embarked on a corporate partnership with charity The Clink, as part of efforts to strengthen the work it does around social responsibility.
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Just Eat delivers 500 millionth UK order
Just Eat has announced that it has achieved its 500 millionth UK order.
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Carluccio’s to trial ‘formal’ evening service
Carluccio’s is to use its Richmond restaurant as a test-bed for its £10m Fresca refurbishment, chief executive Mark Jones has told MCA’s sister title, Big Hospitality.
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Baker & Spice sold to DoCASA
Patisserie Holdings has sold four Baker & Spice outlets to the Department of Coffee & Social Affairs (DoCASA) for £2.5m.
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Bar 6 Group confirms third Near & Far
Bar 6 Group, the company behind Magic Roundabout and The Good Mixer, has confirmed it is to open its third Near & Far site, in Camden.
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Ole & Steen to open 10th site in Belgravia
Ole & Steen is due to open a 10th London site, in Belgravia, as part of mixed-use development Eccleston Yards, MCA has learnt.
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Patisserie Holdings sale confirmed for £13m
Patisserie Holdings has confirmed the sale of Patisserie Valerie, to Dublin-based Causeway Capital, and its sandwich shop business Philpotts to retail, wholesale and distribution firm A.F Blakemore, for £13m.
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NewsCauseway Capital "acquires Pat Val"
The Daily Telegraph is reporting that Patisserie Valerie has been bought by Irish private equity firm Causeway Capital Partners. The paper reports that almost all of Patisserie Valerie’s 120 remaining branches are to be saved - preserving up to 2,000 jobs after a deal was struck at 3am this morning. ...
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EiG to focus on regions for Managed Expert expansion
Ei Group’s focus for its Managed Investments business going forward is to bolster its partnerships outside of London, while acquisitions will now be considered as a way to grow the businesses under this umbrella.
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McVeigh: Don’t write off Luke Johnson
Draft House founder Charlie McVeigh has given a spirited defence of his former investor, Luke Johnson, and insisted he should not be written off despite the damage the Patisserie Holdings saga has done to his reputation.
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Whitbread outlines UK and international ambitions
Whitbread has used its Capital Markets Day to reiterate its belief in its “unique, vertically-integrated model” as a lever for growth and value creation.
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Loungers to open two more in Somerset
Loungers has applied to open two new sites in Somerset, in Street and Wells.
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P Franco team take Legs site
The team behind P Franco in Clapton is opening a new Japanese drinking food restaurant in Hackney.
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Five Guys to replace Côte in Camden
Five Guys has lined up a further opening at 32 Parkway in Camden – currently home to Côte Brasserie, according to Camden New Journal.
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Vita Mojo promotes Bowry
Vita Mojo has promoted Sanjay Bowry, formerly of Black Sheep Coffee, to head of operations, MCA understands.
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NewsMission Mars secures Liverpool site from Bistro Qui?
Manchester-based operator Mission Mars has acquired the Hub Alehouse & Kitchen in Liverpool City Centre on a leasehold basis, from Bistro Qui?
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TRG CEO McCue to step down
The Restaurant Group chief executive Andy McCue is to leave the company “due to extenuating personal circumstances”.