All news articles – Page 59
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NewsFootfall plummeted across the UK in the week marred by far-right riots
Data shows that when the rioting began on Tuesday, footfall was down “comprehensively” across all regions and nations
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NewsOptimum Group sourcing new Costa sites
The Costa, Kaspa’s, and I am Doner franchisee is planning further openings for its coffee and doner businesses
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NewsDomino’s like-for-likes forecast to move into positive territory
This is expected to be driven by the collaboration with Uber Eats, the £4 lunch menu, faster deliveries, and growth in active app users, according to Peel Hunt
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NewsThe Breakfast Club: ‘Performance bodes well for future expansion’
The group reported £17.8m revenue for FY24, with four new openings and double-digit like-for-like growth in central London
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NewsKFC UK reports sales drop
Parent company Yum! Brands recorded a 3% decline in system sales growth for KFC UK in Q2 2024
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NewsTortilla launches first ever app
Burrito Society will allow customers to collect stamps, unlock rewards, and order ahead at all company-owned sites
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NewsRoxy Leisure rebrands to Professionals at Play
The experiential operator has brought together its concepts under one brand, while also announcing a management restructure and new concept Star Pins
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NewsFuller’s acquires Lovely Pubs for £22.5m
The seven-strong Warickshire pub collection is described as highly complementary and generated EBITDA of £3.1m in the last financial year
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NewsNigel Sherwood swaps Waga for Whitbread
The experienced restaurant operator joins in Novembver as MD of Whitbread’s branded restaurant division, following plans to exit 126 restaurants and convert 112 into hotel rooms
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NewsTGI Fridays to transition to full franchised model
Hostmore is planning to transition into an “asset light” model with no corporate stores following the reserve takeover of the American TGI Fridays business
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NewsUKHospitality publishes support hub for businesses impacted by riots
Pasture in Bristol was among the businesses impacted by the disorder, while a video shows rioters in Hull trying to smash their way into a Greggs bakery store
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NewsRedCat completes £61m refinance
The Rooney Anand-chaired pub company has secured a deal which comprises debt funding from Barclays and further equity from the investors, including funds managed by Oaktree Capital Management
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NewsDomino’s 1.8% sales dip offset by Shorecal acquisition
The pizza group has sold 305 London stores sold to five different franchise partners for £35.1m, and has entered the second stage of its loyalty scheme trial
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NewsPortobello Pub Co sees ‘clear opportunity’ ahead
The 27-strong premium pub group looks to maintain its current rate of growth, following the recent acquisition of Darwin & Wallace
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NewsClays secures new investment
The Imbiba-backed virtual shooting concept has completed a £6m fundraise and will make its regional debut in Birmingham this year
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NewsWingstop UK initiates sale process
Sky News reports that Goldman Sachs is understood to have begun issuing information about Wingstop UK to third parties in past weeks
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NewsJulian Metcalfe joins Knoops board
The Itsu and Pret founder joins as a non-executive director alongside Alice Avis, as the chocolate specialist also secures EIS approval for a £5m fundraise
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NewsContinued strong performance for Liberation Group
The premium pub operator and brewer saw a like-for-like sales uplift of 6.4% in H1, with growth driven by its food offer, breakfast and brunch trade, and strong occupancy
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NewsRestaurant manager stole £21k after staff tips cut
The former boss, who fraudulently exploited Piccolino’s loyalty scheme, claims he shared nearly £11,000 with colleagues
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NewsKrispy Kreme unveils new store design on Oxford Street
Innovative use of circular profile rings highlights the function and design of the space while creating a strong brand identity