All news articles – Page 68
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NewsHeavitree grows sales despite wet weather
The Devon pub company and brewer increased turnover by 2.1% to £3.3m in the first half of the year, despite cold condiitons and an early Easter
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NewsTasty forecasts uplift in profitability
As part of a restructuring plan, the group renegotiated seven rent agreements and exited 19 loss-making sites sites
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NewsGordon Ramsay to enter India
The chef’s restaurant group is parterning with Travel Food Services on a three-year programme to open six restaurants under Street Pizza, Street Burger, and Gordon Ramsay Plane Food To-Go brands at airport terminals across India
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NewsInvestor revolt at Adnams
The chairman and director of the underperforming Suffolk brewer and pub company saw more than a third of shareholders vote against their re-election
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NewsKarali Group acquires 46-strong Taco Bell portfolio
The sites were acquired as part of a pre-pack administration deal from Caskade Group. It follows news that 40 branches of KFC have been acquired by Adil Group from Caskade
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NewsNightcap to go private
The bar group believes it will have better access to supportive investors as a private company, and will be able to pursue its strategy at a faster pace, at a lower cost and potentially with less shareholder dilution
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NewsMarket Taverns further strengthens board
Nigel Parson, currently consultant analyst at Cavendish, has been appointed as a director for the pub group, following the recent appointment of Suzanne Baker
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NewsIsland Poke sold in pre-pack administration
The chain’s trading performance undermined the viability of the CVA put forth to creditors, resulting in a sale, according to Begbies Traynor
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NewsBusiness leaders back Labour plans to overhaul Apprenticeship Levy
Signatories include the chief executives of hospitality groups such as Fuller’s, Stonegate, Revolution Bars, KFC and UKHospitality
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NewsDoordash approaches Deliveroo for takeover
Reuters reports the San Francisco-based food delivery group flagged an interest in a takeover, but talks ended after disagreement on valuation
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NewsHawksmoor unveils new Chicago restaurant
The opening this week is a key step in the steak restaurant group’s international expansion plans, as it remains on target to clear £100m in sales this year
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NewsBone Daddies actively seeking new sites
The group is looking to expand its existing concepts - Bone Daddies, Flesh & Buns, and Shack-fuyu - and has entered a joint venture for a fourth brand
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NewsComptoir Group announces board changes
Ali Aneizi of Tamweel Capital has been appointed non-executive director, while Jean-Michel Orieux succeeds Dr Beatrice Lafon as chair of the board
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NewsTortilla acquires Fresh Burritos
The €3.95m (£3.34m) acquisition of Europe’s second largest fast casual Mexican restaurant group marks the latest step forward in Tortilla’s growth strategy, which includes developing the brand internationally and doubling down on franchising
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NewsGusto Italian launches menu of ‘comeback dishes’ using customer insights
A new three-course menu comes after a recent survey asked diners to nominate their favourite Gusto dishes
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NewsEl Mexicana seeks new investment
The owners of the brand, who have plans to open four new sites, have appointed FRP Corporate Finance to explore options for potential buyers or investors
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NewsSbarro to open first dedicated pizza drive-thru
The 750 sq ft site in Cleckheaton, operated by EG on the Move, will offer XL slices of Sbarro’s New York-style pizza
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NewsC&C Group urged to explore sale by activist investor
New York-based Engine Capital has said that the drinks manufacturer is a “perennial underperformer as a result of structural and self-inflicted problems”, urging it to undertake a strategic review process
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NewsCamile Thai appoints new CEO
Daniel Greene takes over from founder Brody Sweeney and will focus on growing the brand’s franchise network across Ireland, Northern Ireland and the UK.
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NewsStonegate appoints Mark Davies as NED
The former CEO of Hawthorn Community Pub Company, which was sold to Admiral Taverns in 2021, adds a “real sense of momentum” to the Stonegate board