All news articles – Page 544
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News
Darwin & Wallace in positive territory despite £500k loss last year
Darwin & Wallace founder Mel Marriott has told MCA that business performance is in “firmly positive territory” despite a near £500k loss posted in its latest accounts for the year to 27 May 2018.
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BigDish launches in second location
BigDish, the yield management platform provider, has successfully launched in Bournemouth and completed the BigDish app beta testing period.
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Skinny Kitchen estate yo-yos in size
The Skinny Kitchen has closed several of its sites, but opened a further London location leaving it with two UK sites and one in Ibiza.
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City Pub Group FY lfls up 1.6%
City Pub Group grew like-for-like sales (lfls) 1.6% in the year to 30 December, with festive lfls up 7%.
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GK announces Rooney Anand’s successor
Nick Mackenzie, of Merlin Entertainments, is to succeed Rooney Anand as chief executive of Greene King.
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Söderberg takes Vital Ingredient site
Söderberg, the Swedish-inspired, Edinburgh based café-bakery group, is opening its debut London site in Soho.
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Olvin secures £1.5 seed investment round
Olvin, an analytics platform for bar operators and the wider drinks trade, has secured £1.55m seed round of investment led by Brainchild Ventures and Novator Partners.
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Crosstown launches Hammersmith, eyes travel hub opportunities
Crosstown, the artisan doughnut and coffee shop concept, has opened a new small footprint unit at Hammersmith Broadway station, which could lead to further travel hub sites, MCA understands.
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Clayton's Kitchen to double up
Robert Clayton, the former Bath Priory chef, is opening a second restaurant under his Clayton’s Kitchen concept, at the Potters Heron hotel in Hampshire, MCA understands.
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Heaney expands in Cardiff
Chef Tommy Heaney is opening a coffee-wine bar next door to his eponymous restaurant in Cardiff.
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Rockfish reveals £1.5m investment
Rockfish founder Mitch Tonks has told MCA new £1.5m minority investment from Gresham House Ventures will allow his seafood restaurant group to continue its strategy of cautiously expanding along the south coast.
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The Smoke Haus down to two sites
The Smoke Haus has closed its Birmingham restaurant, taking its estate down to two sites.
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Analysts corner: Berenberg on pubs
On the back of varied performance by the multiple pub operators last year, Berenberg lays out its key areas of focus in the sector this year and looks at how the pub chains might fare.
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Chestnut Group acquires two new sites
The Chestnut Group has acquired two new sites – The Eight Bells in Saffron Walden, and The Weeping Willow near Bury St Edmonds – taking its estate to nine.
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Oakman achieves 8.5% rise in YTD lfls
Oakman Inns has achieved an 8.5% increase in like-for-like sales during the 40 weeks to 6 January, including an 8.5% rise over the five-week festive period.
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Spencer departs JW Lees
JW Lees has announced that Tony Spencer, operations director for its Hotels & Inns division, will retire in the summer.
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Be At One MD Stones to depart
Stonegate has confirmed that Be At One managing director Andrew Stones will leave the business at the end of April.
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Young’s, Brasserie Bar Co and Oakman pledge to support EU staff
Further operators have joined Carluccio’s in supporting its non-British EU employees to apply for settled status.
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AB InBev to open second Beer Hawk
AB InBev is to open a second bricks and mortar iteration of its online beer shop, Beer Hawk, MCA understands.
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José Pizarro to launch Surrey pub
Jose Pizarro, the co-founder of Brindisa restaurants, is to open a pub in Surrey, MCA understands.