All news articles – Page 6
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NewsRedCat reports profit surge after ‘transformational’ year
For the year to 30 March 2025, adjusted EBITDA rose 290% to £8.8m, with site EBITDA up 42% to £18.7m and like-for-like sales increasing 2%
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NewsChicken Shop sees ‘strong growth prospects’
The Sir Charles Dunstone-backed premium QSR concept increased revenue by 26% to £9.4m in 2024, and has opened two sites so far this year
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NewsHonest Burgers CMO steps down
Marcus Denison-Smith has stepped down after three years with the restaurant brand
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NewsGordon Ramsay UK restaurant sales near £100m
The celebrity chef’s group has brought in investment from Lion Capital to help it to open 20 new restaurants in its most recent financial year
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring Velvet Taco, Big Mamma Group, and more
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NewsActivist investor pushing for SSP takeover
Irenic Capital Management has been trying to drum up interest in a take-over deal for the food to go operator, after it increased its stake to around 3%.
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NewsBrasserie Blanc reveals rebrand
The French restaurant group has unveiled a new menu, logo, website, and guest communications, following chairman Mark Derry’s comments the brand has been “a bit neglected” amid a focus on Heartwood Inns
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NewsChaiiwala lines up eight openings in bid to reach 500 sites
The Indian café group, which trades from over 100 UK sites, will open eight stores over the autumn and winter as it looks to reach 500 in 10 years
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NewsLongboys shutters estate
The gourmet doughnut brand from Graham Hornigold has closed all three sites, blaming rising inflation and spiralling costs
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NewsPermanently Unique posts sales uplift
The group is looking to open a flagship London site for Fenix, a Dubai site for Louis, and a second international location for Tattu
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NewsStarbucks: ‘Some’ stores will close in the UK
The US coffee company’s CEO Brian Niccol has announced plans to close stores and cut jobs as part of a $1bn restructuring
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NewsSubway: ‘Even big brands like us have to pivot’
The sandwich giant has noticed the market becoming more saturated, and is seeking to respond to trends and become a challenger brand
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NewsM&B reports ‘robust’ mid-market performance
The pub and restaurant group traded well at mid-market pubs and pub-restaurants, balanced against slightly weaker sales in London and in its more premium brands
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NewsComptoir Group achieves positive like-for-likes
The Comptoir Libanais operator increased group revenue by 0.6% compared to the same period last year, and is actively reviewing opportunities to grow its Shawa concept
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NewsPizza Pilgrims looks to Germany
International expansion is a big opportunity for the group following its acquisition by McWin-backed L’Osteria, according to CEO Gavin Smith
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NewsMowgli renews focus on London
The Indian restaurant group is keen to raise its brand profile in the capital, following upcoming openings in Dublin and Belfast next year
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NewsThe Sushi Co to open seven new sites
The live sushi kitchen brand is to open in Basildon, Sidcup, Worthing, Islington, Hendon, Dalston and Redhill before the year end, reaching 30 UK sites
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NewsPizzaExpress planning 50 more restaurant revamps in 2025
On the back of 74 restaurant refurbishments last year, “our remodel programme is track”, chief executive Paula MacKenzie told MCA, ”and we’ve already opened seven new pizzerias this year, with more to come”.
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NewsPizza Hut launches £5 portion format
The Crafted Flatzz range will be available across Pizza Hut’s restaurants in the UK & Ireland, and features four topping options on top of a lighter, hand-stretched crust.
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NewsInside Greggs' new pub concept The Golden Flake Tavern
The 88-cover pub, developed in partnership with Fenwick, will offer a menu of traditional pub classics with a Greggs spin, including Chicken Bake Parmo and Sausage Roll & Mash