All news articles – Page 547
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News
Young’s acquires Wildwood site
Young’s has acquired the Wildwood restaurant in Cobham, MCA understands.
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Red Mist acquires Brasserie Blanc site
Red Mist Leisure has acquired its 10th pub, talking on the Brasserie Blanc site in Farnham, Surrey.
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Loungers to open 25 sites this year
Loungers is set to open seven new sites before its year-end in April, with 25 openings planned in total for 2019.
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Boo Burger eyes two more in 2019
Boo Burger, the Leicester fast food concept, is looking to open two further restaurant sites this year after trialling its offer with Deliveroo.
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Freehold pub prices up 6.9% in 2018
The latest survey of pub prices by Fleurets has shown freehold prices growing 6.9% in 2018 to an average of £445,537.
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Greggs managed lfls up 5.2% in Q4
Greggs saw like-for-like sales (lfls) grow 2.9% at its company-managed stores in the year to 29 December with total sales growing 7.2%.
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SEV eyes Shoreditch site for Hijingo
Social Entertainment Ventures (SEV), the operator of Bounce and Puttshack, has lined up a site in Shoreditch for its Hijingo Bingo concept.
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Livelyhood Pubs acquires sixth London site
Livelyhood Pub Group has secured a sixth site in south London.
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Radix joins Petersham Nurseries
Bharti Radix, formerly of Draft House and Jamie Oliver Restaurant Group, has joined Petersham Nurseries as finance director, MCA understands.
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Uber Eats trials variable delivery charge
Uber Eats is trialling a variable delivery charge that depends on how far the consumer lives from the restaurant.
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Canteen at Royal Festival Hall replaced by Spiritland
Spiritland, the music-led concept, has replaced its Canteen diner concept at Royal Festival Hall with a theatre-inspired 180-cover, late night restaurant.
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Starbucks scales back speciality ambitions
Starbucks chief executive Kevin Johnson has scaled down his predecessor’s aspirations to open 1,000 of its speciality-style Reserve format coffee shops.
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200 Degrees secures Lincoln site
200 Degrees, the Foresight-backed speciality coffee shop operator and wholesaler, is set to open in Lincoln for its eight site.
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Christmas trading update, part 2
With January now in full swing, and many more operators having crunched the numbers, MCA takes another look at how the festive trading faired for the sector, with strong like-for-like growth reported by many. Featuring Brasserie Bar Co, Crussh, Arc inspirations and Dirty Martini
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Tossed sees strong lfls on back of tough trading year
Healthy-eating chain Tossed has seen strong like-for-like (lfl) sales growth for the year to date, following a tough trading period in the financial year ended 31 March 2018.
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Discount app Dinabite looks to roll out across capital
Restaurant discount app Dinabite is looking to expand its reach across the capital. The East London start-up has just launched its new app and are working to cover the whole of London by the end of the year.
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Young’s to launch The Depot in Greenwich in April
Young’s has announced the opening date and name for its long-awaited site in the Kidbrooke development in Greenwich.
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Analysts corner: Peel Hunt on Greene King
Leading analysts Douglas Jack and Ivor Jones, of Peel Hunt, have given their view on this morning’s year-to-date trading statement from Greene King, saying it represents a “very strong start to statement season”.
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Three Joes exceeds 80% of £400k crowdfund goal in 24 hours
Three Joes, the pizza concept from POD co-founders Tim Hall and Emma Blackmore, and former Byron operations director, Peter Bruton, has raised more than 80% of its £400,000 crowdfunding target with 24 hours of its launch on Crowdcube.
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GK YTD managed lfls up 3.2%
Greene King has this morning updated on trading in the 36 weeks to 6 January, in which its managed Pub Company arm grew like-for-like sales by 3.2%.