All news articles – Page 592
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NewsEgo to open first site under M&B JV
3Sixty Restaurants has identified its first conversion of a Mitchells & Butlers pub since announcing a joint venture last month.
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NewsMarston’s appoints new chairman
Marston’s has appointed William Rucker, the UK chief executive of investment bank Lazard, as chairman with effect from 1 October.
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NewsWagamama joins Deliveroo Editions
Wagamama has launched a delivery-only kitchen in Deliveroo’s Battersea Editions site.
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NewsGaucho to be acquired by Investec and SC Lowy
Deloitte, the administrators of Gaucho, have confirmed the sale of the steak restaurant chain to a new vehicle created and owned by the company’s lenders, Investec and SC Lowy.
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NewsNew head of recruitment and retention at ETM Group
ETM Group has appointed Rachel Masing as its new head of recruitment and retention.
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NewsLeon confirms US launch date
Leon, the healthy fast food chain, has confirmed it will open its first US site – in Washington DC’s L Street next week.
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NewsGiggling Squid to replace Gusto in Chislehurst
Giggling Squid, the Business Growth Fund (BGF)-backed group, has further strengthened its openings pipeline, after securing a site in Chislehurst, Kent.
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NewsGaucho set to name new CEO
Deloitte, the administrators of Gaucho, are set to announce later this morning that Oliver Meakin, the steakhouse chain’s chief executive since the start of the year, has left the business, MCA has learnt.
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NewsMenu calorie count plans ‘cause Government rift’
Plans by health officials to force operators to display calorie counts on menus have been challenged by the Treasury, according to reports.
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NewsCaring to launch Caprice Café concept
Richard Caring, the serial sector investor, is set to develop a further concept from his Caprice Holdings stable, with the launch of a Caprice Café next year in London’s Mayfair, MCA has learnt.
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NewsInnovative Bites founders reveal rollout plans for ChipNation
The founders of confectionary importer Innovative Bites are launching a chip shop brand ChipNation, with plans to open 8-10 sites over the next year, MCA has learnt.
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NewsEi Managed Investments partners with Urban Pubs & Bars
Ei Managed Investments is to launch Urban Pubs and Bars Two – a partnership with the founders of Urban Pubs & Bars, Nick Pring and Malcolm Heap.
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NewsLGH Hotels announces new partnership with Marco Pierre White
LGH Hotels Management has announced a new partnership with Marco Pierre White (MPW), with plans to open Marco’s New York Italian restaurants in Holiday Inn Milton Keynes-Central and Holiday Inn Brentwood later this year.
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NewsTough climate stalls growth push from TD4 Brands
Richard O’Sullivan, chief executive of Boost Juice Bars and The Shake Lab has told MCA that the current trading environment is the toughest he has known in his 40 years working in the sector, with rapid expansion off the table as an option.
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NewsEveryman sees F&B spend up 5.3%
Everyman Media Group, the cinema operator, has seen average spend on food and beverage increased by 5.3% per head, to £6.14.
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NewsAnalysts corner: Peel Hunt on TRG
Leading analysts Douglas Jack and Ivor Jones, of Peel Hunt, have given their views on the recent update from The Restaurant Group, saying the return to like-for-like sales (lfls) growth and the expansion of the pub estate are encouraging signs but that further downgrades are likely.
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NewsFuller’s FD to step down
Fuller’s has announced that its finance director James Douglas has decided to step down from his role, and will retire from the board in December 2018.
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NewsPret achieves 13.2% increase in revenue during 2017
Pret A Manger has achieved a 13.2% increase in revenue, to £878.5m, for the 52 weeks to 28 December 2017, with like-for-like sales up 3.2%.
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NewsNew guidance documents on tronc system published
A new practical guidance document for operators on how a tronc should be operated has been published.
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NewsBrewDog’s Equity for Punks raise now on Crowdcube
BrewDog has made its latest crowdfunding drive, Equity for Punks V, available for investment via Crowdcube.