All news articles – Page 559
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CDG wins tender to open airport Warrens Bakery
Casual Dining Group (CDG) has won the tender to open a Warrens Bakery franchise store at Bristol Airport – a move which sees CDG enter the grab-and-go market.
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Swingers secures backing from Cain International
Competitive Socialising, the group behind crazy golf concept Swingers, has attracted investment thought to be c£28m, from investment firm Cain International.
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ETM reports FY turnover up 34.7%
ETM, the 14-strong bar and restaurant group, saw turnover grow 34.7% to £27m in the year to 29 February 2018.
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Lfls up 6% at Loungers; evaluates IPO potential
Loungers, the Lounge and Cosy Club concepts operator, has reported a 6% increase in like-for-like sales for the year to 22 April, with revenue growth of 31.9% to £121.1m, as talk of a potential IPO for the business resurfaces.
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La Casita to open fifth tapas restaurant; plans for more
The La Casita tapas restaurant chain is to open a fifth site, in Skipton, North Yorkshire, and has plans for further openings in 2019.
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Entourage Group looks to bring Toni Loco pizza concept to UK
Dutch hospitality group, The Entourage Group is looking to bring its new pizza concept, Toni Loco to the UK, in addition to its the Butcher burger concept announced earlier this year.
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Benihana confirms Glasgow
Benihana, the global Japanese teppanyaki concept, has confirmed its first UK site in eight years will open in Glasgow.
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Teixeira joins Gourmet Gulf as CEO
Joe Teixeira, the former Boparan Restaurants chief executive and Loch Fyne managing director, has joined Dubai-based Gourmet Gulf.
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Heartstone Inns acquires first Channel Islands pub
Heartstone Inns has acquired its first site in the Channel Islands – former Liberation Group bar and restaurant, The Auberge, in St Martins, Guernsey, MCA has learnt.
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Leon confirms first Ireland site, to open Q4 2019
Leon has confirmed its first site in Ireland, with an opening in the Dundrum Town Centre in Dublin at the end of 2019.
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MEATliquor debut site to close
MEATliquor is offering a £20,000 finders fee to anyone who finds a nearby replacement to its debut restaurant in Marylebone’s Welbeck Street.
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Gordon steps down from Ole & Steen
Alastair Gordon has left his role as operations director for Danish bakery concept Ole & Steen.
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Tasty directors inject cash as part of refinance
Tasty, the Wildwood operator, has revised its £7m loan facility with Barclays.
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M&B: JVs, virtual brands and surge pricing
Following yesterday’s full-year results announcement, MCA talks to Mitchells & Butlers chief executive Phil Urban. He discusses performance across its suite of brands, and why he sees joint ventures as the smartest form of M&A. He also says developing a virtual brand is on the company’s road map, talks about the rollout of order at table technology and the company’s work on flexing price during busy periods.
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Mango Tree appoints Vickers to roll out new Kitchen format
Mango Tree, the international Thai restaurant group, has appointed Alison Vickers to spearhead its expansion in the UK and Europe under new format Mango Tree Kitchen.
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Fuller’s H1 managed lfls up 4.1%
Fuller’s has reported like-for-like sales (lfls) in its managed portfolio up 4.1% in the six months to 29 September.
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Eclectic to unveil experiential-focussed revamp of Fez
The Luke Johnson-chaired Eclectic Bars, is to reluanch its Fez venue in Putney under an evolved, experiential-focussed model, Le Fez.
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Grant Thornton faces probe over Pat Val audit role
Patisserie Holdings’ auditor, Grant Thornton, is being investigated by the Financial Reporting Council (FRC).
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Taylor St Baristas completes journey to vertically integrated coffee company
Taylor St Baristas co-founder Nick Tolley has told MCA how his company has pivoted from a speciality coffee shop operator into a vertically integrated coffee group, exemplified by its partnership with Sodexo.
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Hawthorn model could be rolled out across NewRiver’s retail portfolio
Mark Davies, the executive chairman of the 616-strong Hawthorn Leisure pub company, has told MCA that its management skills are already being integrated into the shopping centre portfolio of parent company NewRiver.