All news articles – Page 671
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Revolutionary Restaurants to launch 10th site
Revolutionary Restaurants, the nine-strong Northern Irish operator, is opening a new site, Rexy Jacks in Omagh, MCA understands.
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Lahpet to reopen in Shoreditch
Burmese restaurant Lahpet is to reopen at the former Tapas Revolution site at 58, Bethnal Green Road, in Shoreditch, in April.
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NWTC named sector’s fastest growing company
New World Trading Company, the Graphite-backed pub group, has been named the fastest growing company in the UK eating and drinking-out sector over the past year.
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Investors eye Zuma group
Three large global investors are close to buying a minority stake in a group of high-end restaurants which includes Zuma, Roka, Tom’s Kitchen, Coya, and Nusr-Et Steakhouse, the FT reports.
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New tax rule could change landscape for new pub funding
The introduction of the Risk-to-Capital rule could disrupt the future funding landscape for both new and growing pub businesses, a serial sector investor has warned.
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Tossed acquires Vital Ingredient
Tossed, the healthy eating group, has acquired Vital Ingredient for an undisclosed sum.
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Crosstown developing new delivery tech solution
Crosstown Doughnuts is developing an on-demand technology solution which aims to give fledgling brands direct control over their delivery business and associated consumer data, MCA has learnt.
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Neame: ‘We have been adding bedrooms where we can’
Accommodation is likely to be an increasing focus for Shepherd Neame on the back of strong half year results, MCA has learnt.
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Brandwatch: Just Eat
Just Eat may have reported strong order growth in its full year results yesterday – up 19% in the UK, to 105 million – but the market balked at its lower forecasts for growth in 2018, largely down to planned investment in areas like its branded restaurant delivery partnerships, in a bid to fend off increasing competition. MCA explores the potential impact of its plans.
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Island Poke set for Fitzrovia
Island Poke, the White Rabbit Fund-backed concept, has lined up a fourth opening in London, in Fitzrovia
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Greek coffeehouse chain to make UK debut
Mikel, the Greek coffeehouse chain, is to make its debut in the UK, after securing a site in central London
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Itsu appoints new head of property
Itsu has appointed Sean Donnelly, formerly of Pizza Hut and Steak ‘n’ Shake, as its new head of property
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Williams becomes head of operations at Veeno
Veeno has appointed Andy Williams, formerly of Las Iguanas and Potbelly UK, as its new head of operations
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Turtle Bay set for Southend
Turtle Bay, the Caribbean restaurant chain, is to further strengthen its presence in Essex, with an opening in Southend
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Charity Clink to open Manchester café
The Clink Charity is to open a new café in central Manchester, and sees potential to expand the concept if successful.
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Five Points Brewing Co to launch Crowdcube fund
Independent craft brewery The Five Points Brewing Co is to launch its first round of crowdfunding, on Crowdcube, on 9 March.
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Maxwell’s relocated due to rent increases
Maxwell’s Bar & Grill on Covent Garden’s James Street, is relocating to King Street after 25 years due to “unsustainable rent increases”
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Maxxium UK rebrands as Edrington-Beam Suntory UK Distribution
Maxxium UK is to rebrand as Edrington-Beam Suntory UK Distribution Ltd, reflecting the long-term partnership between spirit producers Edrington and Beam Suntory.
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Doughnut Time UK not affected by Australian closures
Doughnut Time, the Australian gourmet brand with three London stores, has been sold with a number of stores closing – though the UK stores are not believed to be affected.
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Stonegate appoints Brown as new ops director
Matt Brown has joined Stonegate Pub Company as an operations director, after 10 years with Greene King