All news articles – Page 562
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NewsOakman Inns set to appoint advisors
Oakman Inns is set to appoint advisors at the start of next year as it looks to take a flexible approach to any eventual exit for its investors, MCA understands.
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Sipsmith to open dedicated gin shop
Sipsmith Gin has signed a deal with the Crown Estate to establish the first new dedicated gin shop in London for 200 years at Princes Arcade in St James’s.
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NewsBon Pan team secures debut Naked Noodle site
The team behind Bon Pan Asian, which currently operates two large buffet restaurants at Intu Potteries in Stoke and at Clayton Square Liverpool, is about to open the first of a new restaurant format which will be called Naked Noodle in Liverpool city centre.
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NewsDeltic to expand Bar & Beyond to Kingston
The Deltic Group is to expand its Bar & Beyond concept to Kingston – the first opening for the brand this year.
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Poppleston Allen tops licensing law firm list
Poppleston Allen has been named in the inaugural The Times Best Law Firms 2019 list, securing the only ranking for licensing and gambling.
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NewsWest End pub let to Shep Neame sells for £3.75m
The freehold investment of The Cheshire Cheese pub in London’s West End has been sold to a pension fund investor for £3.75m.
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NewsCojean builds pipeline
Cojean, the Parisian healthy fast food concept, has launched its third site in London, with another two due to open early in 2019.
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Simmons Bars secures site in Eastcheap
Simmons Bars has lined up a new site in Eastcheap, in the City, for an opening early next year, MCA has learnt.
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NewsMay replaced as Patisserie Valerie CEO
Paul May has stepped down as chief executive of Patisserie Holdings, to be replaced by Stephen Francis, former chief executive of meat producer, Tulip Ltd.
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NewsCedar Dean Group launches investment and development property division
Cedan Dean Group has launched an investment and development division, called Cedar Dean Investments.
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NewsScottish brewer and operator Six Degrees North lines up fifth site
Scottish brewery and taproom operator Six Degrees North is due to open its fifth site in Dundee next month.
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NewsKERB confirms Seven Dials Market opening
KERB has confirmed it will be opening its first indoor food hall, in collaboration with Shaftesbury, in Thomas Neal’s Warehouse in Seven Dials, as reported by MCA earlier this month.
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NewsTossed in Co-op link up
Tossed, the healthy eating grab and go concept, has signed a franchise deal with Mid Counties Co-op, which will begin with a site in Oxford, MCA understands.
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NewsTRG investors savage Wagamama bid
The Restaurant Group’s bid to acquire Wagamama has come under fresh pressure after two investors said the deal would destroy shareholder value.
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NewsArden to open new concept in the City
Christian Arden, the entrepreneur previously behind Chicago Rib Shack and Cavendish Bars, is set to launch a new concept in the City of London, MCA understands.
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NewsBrexit deal ‘seems to address sector concerns’
UKHospitality chief executive Kate Nicholls has said the outline deal between the UK and the European Union on Brexit appears to address the majority of the sector’s concerns.
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NewsCineworld retail income up 7.9%
Cineworld has reported retail income growth of 7.9% in the UK & Ireland in the period 1 January to 11 November.
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NewsYoung’s H1 managed lfls up 5.2%
Young’s has reported a 5.2% rise in like-for-like sales (lfls) in its managed estate for the 26 weeks to 1 October, with total revenue up 8.8% to £156.8m along with a 4.7% increase in adjusted EBITDA to a half-year record of £40.4m.
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NewsTim Hortons to focus on company-managed sites for expansion
Tim Hortons is to focus on expanding through company-managed stores, with the support of sub-franchisees, MCA has learnt.
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NewsDavy’s to counter pressure on margins with additional investment
Davy’s is to continue to invest in its wine bar and restaurant business next year as pressure on margins increases, MCA has learnt. It follows an estimated £1.5m in capex for 2018, with £750k earmarked for 2019.