All news articles – Page 591
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Analysts corner: Greene King
We round-up the views of analysts at Hargreaves Lansdown, JP Morgan, Goodbody, and Citi – with more than one believing the company’s shares are undervalued.
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Under-performance of new openings impacts GBK
The under-performance of a number of new openings and its Deliveroo Editions have played a significant role in the struggles faced by GBK, MCA understands.
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Pho parts company with MD Smith
Pho, the Vietnamese restaurant group, has parted company with its managing director Mark Smith. Smith, who joined the company as finance director in 2015, has now departed the business and Stephen Wall, co-founder, has assumed the role of chief executive.
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Kames Capital acquires Home Counties investment portfolio
Kames Capital, the UK-based investment management business, has acquired a portfolio of eight prime public house, restaurant and retail investment properties, located in the Home Counties, for an undisclosed sum, MCA has learnt.
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Mayfair Capital acquires drive-thru portfolio
Mayfair Capital, the investment firm, has acquired a portfolio of five prime ‘drive thru’ investments, in a deal valued at £6.5m, MCA understands.
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Thali Café acquired out of administration
Thali Café, the Bristol-based, Indian restaurant group, has been acquired out of administration by a new private company called Jugaard Ltd, MCA has learnt.
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Tossed consolidates Vital estate
Tossed, the healthy eating group led by Vincent McKivett, has consolidated the Vital Ingredient estate it acquired earlier this year, with the closure of two of its 13 sites.
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TRG appoints new CIO
The Restaurant Group (TRG) has appointed Edgardo Savoy as its new chief information officer.
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Bill’s appoints interim HR director
Bill’s, the Richard Caring-backed restaurant chain, has appointed Bridget Hutchinson, formerly of Whitbread and Prezzo, as its interim HR director.
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Warrens Bakery continues growth in London
Warren’s Bakery has opened a new site on Northcote Road in Battersea, as it looks to expand its presence in the capital.
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Daylesford Organic to open café in Brompton Cross
Daylesford Organic is to open a new café and farmshop on Sloane Avenue in Brompton Cross, London, in October.
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GK managed lfls up 2.8% in Q1
Greene King has reported like-for-like sales (lfls) in its managed Pub Company estate up 2.8% for the first 18 weeks of the year, to 2 September.
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EiG grows tenanted & leased lfls 1.3% in year to date
Ei Group, the UK’s largest pub operator, has updated on trading in its year to date showing like-for-like net income in its tenanted and leased estate up 1.3% in the 47 weeks to 25 August.
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Charles Wells launches new training scheme
Charles Wells has launched its Rising Stars programme aimed at fast-tracking the careers of promising pub staff.
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The York Roast Co eyes new locations in 2019 and beyond
The York Roast Co is eyeing possible expansion after mainstream success of its trademarked YorkyPud Wrap.
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Junkyard Golf to open in Liverpool ONE
Junkyard Golf Club, the experiential bar and mini-golf concept, is to open in the Liverpool ONE scheme in early 2019.
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Cocktail and wing concept Bunk to open fourth site
Cocktails and wings concept Bunk is to open a fourth outlet, on Wollaton Street in Nottingham.
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Bar + Block poised for Edinburgh
Whitbread is looking to open a Bar + Block alongside an extended Premier Inn in Edinburgh city.
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Heavenly Desserts looking to open a further four in 2018
Heavenly Desserts is looking to open another four sites before the end of the year, MCA has learnt.
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Grind secures Jamie’s Italian Greenwich site
Artisan coffee house, restaurant and bar group Grind is to open its largest ever site, in the former Jamie’s Italian site in Greenwich.