All news articles – Page 67
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Campaign for Pubs publishes demands for incoming government
The Manifesto for Pubs asks for an energy cap for businesses, an overhaul of the business rates system, and other key policy changes to support publicans and brewers
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Ole & Steen pauses expansion amid losses
Danish bakery and café chain Lagkagehuset is focusing on organic growth in its international business to improve profitability, after posting a £20.6m loss for 2023
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Nero Group posts record sales
The coffee shop operator reported sales of £544m in its 2024 financial year, with like-for-like sales growth of 8.4%
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Hawksmoor explores potential sale
As the steak restaurant group looks to grow internationally, investment bank Stephens has been hired to run a sales process and is speaking to potential buyers in a deal that could value the business at £100m
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Itsu looks to double estate
The Julian Metcalfe-led group is looking to strengthen its foothold in London, as well as grow its presence in new locations across the country with its ‘temple’ flagship stores
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Greene King invests £23m in new depot
The pub company and brewer has signed a 15-year long lease on a food and drink depot in Middleton, in partnership with logistics company GXO
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James Williams to launch new London restaurant
The former head of finance at Tortilla will relaunch his modern izakaya concept, Apothecary East, next year
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Bistrot Pierre invests in ‘brighter future’
The French casual dining group has undertaken a brand review while rolling out a new concept, significantly improving future EBITDA
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Chestnut Group acquires wine specialist Bijou
This acquisition marks a step forward for the East Anglia-based operator and allows Chestnut to cater for much of region’s independent wine demand
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In pictures: Wingstop UK’s largest site to date
The wing concept has opened a 5,000 sq ft restaurant at London’s Westfield Stratford City, marking a key milestone as it looks to open its 50th site this summer
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Punch Pubs looks to grow operator-managed estate
CEO Clive Chesser discussed the evolving landscape of pub partnerships at MCA’s Pub Conference, highlighting the benefits of delivering a centralised offer in an entrepreneurial, localised format
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Buzzworks: ‘Scope to reach 50+ sites in Scotland’
A continued focus on interesting buildings in unusual locations could see Buzzworks Holdings reach more than 50 sites, MD Kenny Blair told MCA’s Pub Conference
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EURO 2024 helps pubs & bars return to growth
Pubs and bars (unbranded) saw like-for-like sales growth of 9.9% during England and Scotland games, HDI data shows
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Taro ventures outside London
The Japanese restaurant group has opened its seventh site in Brentwood as well as its eighth site in Catford
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Wingstop UK named fastest growing restaurant group
The wing brand was placed in The Sunday Times 100 fastest growing companies, alongside Jeremy Clarkson’s Hawkstone brewery, Wafflemeister and Emerald Hospitality
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San Carlo continues to grow
The premium Italian restaurant group is relocating Cicchetti Piccadilly while refurbishing and reopening the Flying Pizza in Leeds, which celebrates its 50th anniversary in 2024
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Des Gunewardena to open £10m restaurant at Olympia
The former D&D London boss is planning a new restaurant, bar and events space at the London exhibition venue, The Times reports
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Wimbledon serves up luxury hospitality deal with Le Gavroche revival
Sporting events increasingly focus on premium packages for wealthy individuals as corporate clients cut back
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Admiral Taverns: ‘It’s fantastic to be in the right place, at the right time’
CEO Chris Jowsey is pleased to see community, wet-led businesses in the ascendancy, and reports more applications to run a pub than ever before, noticing a younger, and more female profile amongst Proper Pub applicants
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Openings of the week
MCA rounds up this week’s biggest openings stories, featuring Wingstop, Slim Chickens, Market Halls and Burger Drop