All news articles – Page 64
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Wagamama launches first ever loyalty scheme
The ‘soul club’ app provides a platform for members to redeem free menu items, exclusive content and engage with a new line up of ambassadors
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Hospitality inflation remains stubbornly high
Hotels provided a large contribution to the sector’s 6.3% figure, partially offset by the price of restaurants and cafes which saw a monthly rise of 0.3%
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Old Spike Roastery promotes Mathew Heather to MD
Heather joined the coffee roastery and cafe business in 2021 as group operations director, having previously held roles at Mitchells & Butler, Pho and Wahaca
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Oodles lines up new openings
The QSR business plans to open in Milton Keynes, Burton, Bolton, and two stores in London this year, and will soon make its Welsh debut in Swansea
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Cineworld opens talks with landlords amid closure plans
Property owners Landsec and Legal & General are said to be in active discussions with the company about a restructuring plan, Sky News reports
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Greggs unveils plans for new distribution centre
The initiative is part of Greggs’ strategic growth plan, which set out ambitious expansion targets requiring investment in supply chain capacity
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Wetherspoon hits back against TUC claims
Chairman Tim Martin defended the company against allegations of ’low-paid, insecure’ employment from Trades Union Congress chief Paul Nowak
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Brewhouse & Kitchen prepares for further growth
The brewpub operator has completed a rights issue to fund its next stage of growth, and reported £16.7m in turnover for FY23 despite ‘mixed progress’ during the year
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Auntie Anne’s makes progress towards 100-site target
The pretzel specialist announced two new openings and two remodels, part of plans to open 100 new sites across the UK and Ireland
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New FD at Black Sheep Coffee
Thomas Colebourn joins the coffee shop operator as it looks to enter the drive-thru market following the recent opening of its 100th site
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Spaghetti House reports ‘difficult’ year
The group achieved £10m turnover in the year to 31 March 2024 but achieved its best ever gross profit margin of 77%
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Pizza Hut undergoes brand reset
The chain has launched a new Handcrafted range with sourdough-style bases and new toppings, designed to appeal to a new generation of customers
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Farmer J appoints new people and culture director
Lucy Craig joins the healthy food-to-go brand, having previously held positions at Lionhearth Group, Bill’s Restaurants and Grind & Co
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Loungers: ‘We’d love to open more sites in coastal areas’
The business is keen to operate in a diverse mix of geographies, but is more rigorous in its selection after occasionally “rushing into a site”
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The Coconut Tree enters into CVA process
The Sri Lankan restaurant and bar group has eight sites across the West of England with annual sales of £6.7m
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Openings of the week
MCA rounds up this week’s biggest openings stories, featuring Wagamama, Pizza Pilgrims, JKS, Sticks ‘n’ Sushi and more
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Gen Z and millennials value restaurant loyalty schemes the most
Gen Z and millennial consumers are more likely to choose a quick service outlet such as Pret and McDonalds if they offer a loyalty scheme
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Market Taverns plans further acquisitions
The London pub business continued to rebuild trade after the pandemic with record turnover in 2023, and is actively looking for new sites to add to its estate
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Hub Box sold in pre-pack to founder
The future of the South West-based burger chain and its 10 restaurants has been secured after administrators sold the business to a new company led by founder Richard Boon
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Moto to invest in 33 new units
The motorway service area operator reported turnover of £1.07bn in 2023, as it continues to invest in the ’transformation of the UK rest stop experience’