All news articles – Page 650
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News
Chapel Down FY sales up 15%
Chapel Down saw sales rise 15% to £11.8m in the year to 31 December, with beer and cider sales growing 7% t0 £3.7m.
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NewsComptoir FY revenue up 38%
Comptoir Group, the Lebanese and Middle Eastern restaurant operator, has announced revenue for the year to 31 December 2017 up 38% to £29.6m but EBITDA down 58% to £1.1m.
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NewsYO! acquires leading sushi brand Taiko
YO! Sushi has further underlined its plan to create a global multi-format and multi-brand sushi business, with the acquisition of Taiko Foods
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News
Turning Facebook likes into customers
Twisted London founder Jamie Bolding discusses the challenges of converting a social media audience into physical customers for his start-up delivery-only kitchen
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NewsM&B predicts cost headwinds of £50-60m per year
Mitchells & Butlers (M&B) is anticipating cost headwinds of £50-60m per year, on a like-for-like basis, said Tim Jones, chief financial officer.
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NewsPizza Hut Restaurants completes management buy-out
Pizza Hut Restaurant’s senior leadership team has completed a management buy-out (MBO) of the UK chain from its private equity backer Rutland Partners.
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NewsHolder steps down as Jamie’s CFO
Crispin Holder has stepped down as chief financial officer of Jamie Oliver Restaurant Group just six months after joining and two months after its Company Voluntary Arrangement (CVA) process, MCA has learnt.
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NewsPizza Hut Restaurants closing in on management buyout
Pizza Hut Restaurants, the 260-strong business led by Jens Hofma, is set to confirm over the next few days that it has completed a management buyout.
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NewsNWTC secures Watford site for third Florist
New World Trading Company has secured the third site for its Florist concept, with an opening at Intu Watford.
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NewsLoungers appoints interim FD
Loungers, the Lion Capital-backed café bar operator, has appointed Chris Gadsby, formerly of All Leisure Group and Thomas Cook, as its interim finance director, MCA has learnt.
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News
Steward replaces Hebblethwaite at GK
Greene King has appointed Belinda Steward as a new business unit director, responsible for Old English Inns, Eating Inn and its fledgling Goodwins model, MCA understands.
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News
The Alchemist makes 'big strides' at breakfast
The Alchemist, the Simon Potts-led cocktail and restaurant concept, is looking to develop the breakfast daypart to maximise value from expensive sites.
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NewsHeineken mulls brand-led bars
Star Pubs & Bars managing director, Lawson Mountstevens, has told MCA that the now 2,900-strong group plans to develop bars centred around some of its key drinks brands.
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News
Yumpingo secures £750k in new funding round
Yumpingo, the food intelligence platform, has secured £750,000 in a new round of investment, taking its total amount raised to £1.3m.
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NewsStar sees “soft” trading in Q1
Star Pubs & Bars has seen a “soft” start to 2018 as poor weather hit sales, but saw trade pick up over Easter, managing director Lawson Mountstevens has told MCA.
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NewsVapiano partners with HMSHost
Vapiano is to launch sites at airports, train stations and outlet centres across the UK and Europe, in partnership with HMSHost.
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NewsRevolution announces CEO start date
Revolution Bars has announced that incoming chief executive, Rob Pitcher, will join the group from Mitchells & Butlers on 25 June.
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NewsDeltic Group secures new £20m debt package
Deltic Group has secured a new £20m debt facility with HSBC.
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News
S Group to launch several new concepts in 2018
S Group is to launch several new concepts this year as it looks to expand its reach in the kosher dining market, with modern Middle Eastern cuisine, as well as explore new areas, MCA has learnt.
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News
Social media decision 'unlikely to hit JDW’s bottom line'
Ditching social media should have little impact on JD Wetherspoon’s bottom line in the long run, according to Stephan Shakespeare, co-founder of YouGov.