All news articles – Page 62
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NewsRoasting Plant Coffee raises $10m to accelerate outlet growth
The specialty coffee roaster and café chain plans to open new sites in strategic locations, including London, Washington DC, New York, and Chicago
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NewsNTIA demands action to save Boxpark Shoreditch
The advocacy group said Hackney Council’s failure to protect the food and entertainment space from closure would be a ”glaring oversight”
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NewsOpenings of the week
MCA rounds up this week’s biggest opening stories, including Farmer J, Kanada-Ya, Popeyes and more
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NewsM&B sees inflation continuing to ease
The managed pub and bar company has reported trading ahead of the market, with total sales in the year to date up 7.3%
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NewsGreene King targets ten Nest Pubs this year
Greene King Pub Partners has opened its sixth Nest Pub – The Marquis of Lorne in Stevenage, following a £260,000 investment
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NewsTrust Inns posts ‘satisfactory’ performance in challenging market
The 340-strong tenanted pub company, controlled by the family trust of late billionaire Trevor Hemmings, has grown sales in 2024 but saw a squeeze on profits
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NewsMcDonald’s promotes Daniel Smith to VP Operations
Smith has spent nearly 14 years at the fast food business, most recently as delivery director for McDonald’s UK & Ireland
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NewsProper Slice BYGB lands in London
As another New York-style pizza concept tries its hand in the capital, MCA looks at Gibran Baydoun’s latest venture, which brings its cult-like status from Brooklyn via Singapore
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NewsStonegate nears debt refinancing with new funds from PE backer
TDR Capital is set to inject around £200m into the pub and bar group, while £2.2bn of bonds are set to be refinanced with a longer maturity and a higher coupon, Bloomberg reports
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NewsYoung’s sales up 26%
Outgoing chairman Stephen Goodyear, who addresses Youngs’ AGM for for the final time today, says the premium pub company’s strategy is delivering “industry leading results”
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NewsHeineken UK partners with Net Zero Now
The pub and brewing business will become an industry partner of The Net Zero Pubs and Bars Initiative, supporting climate action across the hospitality industry
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NewsSwingers launches new carnival experience
Inspired by the grandeur of the Belle Époque period, Swingers Carnival promises a lively atmosphere of vintage décor, sparkling lights, and carnival games
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NewsMarston’s disposal of Carlsberg JV a ‘transformational transaction’
In a trading update, CEO Justin Platt said selling its 40% stake in Carlsberg Marston’s Brewing Company marks a pivotal step to become a focused, pure-play pub company
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NewsTortilla revenues drop in H1 amid new strategic vision
The fast-casual Mexican group says it has seen “early signs of progress” against a newly outlined strategy to improve UK profitability and invest in brand growth
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NewsHospitality to play ‘critical role’ in reducing economic inactivity
UKHospitality has backed government’s plans to reform the employment support system, and get Britain working again
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NewsKrispy Kreme sells majority stake in Insomnia Cookies
Verlinvest and Minstral Equity Partners have taken majority ownership as the dessert concept looks to continue expanding in the UK
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NewsIn pictures: Costa unveils refreshed New Oxford Street store
The new design, which has also been rolled out at the brand’s Tooley Street site, offers touch screen ordering and a dedicated collection point to speed up service
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NewsSector questions PCA ability to enforce code
Attendees at the annual Tied Tenants Survey event questioned why some tenants fall within and others outside the Pubs Code Adjudicator’s remit
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NewsSkills England a ‘positive step’ for sector
The new body aims to bring together the fractured skills landscape, and create a shared national ambition to boost the nation’s workforce
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NewsJillian MacLean awarded the Freedom of the City of London
The CEO and founder of bar and restaurant group Drake & Morgan was awarded the honour for her leadership and innovation within the the hospitality industry.