All news articles – Page 683
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News
Gusto promotes Snell to MD
Gusto Restaurants, the Palatine Private Equity-backed chain, has appointed Matt Snell as its new managing director, MCA has learnt.
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Turner joins Ole & Steen board
Graham Turner, the former chief executive of Tragus, has joined the board of Danish bakery and café chain Ole & Steen, MCA understands.
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Splendid lines up fourth Jack & Alice
Splendid Restaurants has lined up a fourth opening under its fledgling wine bar & pantry concept, Jack & Alice.
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Imbiba closes £50m Growth Fund
Imbiba has closed its £50m Growth Fund, including £30m investment provided by the British Business Bank.
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Lilley: Prices still have a long way to fall
Abokado chief executive Mark Lilley has told MCA that there has been a shift in landlords’ attitudes towards operators but further flexibility is desperately needed.
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Analysts corner: Barnfather on Ei Group
Leading analyst Anna Barnfather, of Liberum, has given her view on the recent trading update by Ei Group, stressing that she sees the 0.5% growth in like-for-like net income growth as disappointing given the relative out-performance of the wet-led market.
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Five Points Brewery acquires Hackney pub
The Five Points Brewing Company has acquired Hackney pub the Pembury Tavern.
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Sector ‘needs more clarity’ on Good Work Plan
The Association of Licensed Multiple Retailers has welcomed the steps to address illegal use of unpaid interns as part of the Good Work plan but called on the Government to provide additional clarity for businesses.
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Jamie’s Italian creditors approve CVA
Jamie Oliver Restaurant Group has confirmed that creditors have overwhelmingly supported the group’s Company Voluntary Arrangement plan, which is likely to see at least 12 restaurants close.
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Harris + Hoole to open three more sites by summer
Caffe Nero plans to open three Harris + Hoole (H+H) coffee shops in the UK, in the next four months, Nero founder Gerry Ford told delegates at the MCA Food to Go conference.
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Caffe Nero to open hubs of 100 sites in US
Caffe Nero founder Gerry Ford said the coffee chain plans to open hubs of 100 stores in US states, rather than try and saturate the market.
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Honest Burgers goes West
Honest Burgers, the Active Partners-backed group, is to make its debut in the South West, in Bristol, MCA has learnt.
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TGI updates on pipeline
TGI Friday’s has updated on its pipeline for 2018, and reiterated that it is focussed on growth rather than disposals.
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Goose Island rebrands UK site, eyes more
AB InBev has rebranded its debut UK Goose Island bar after adapting the format to suit British tastes.
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El Pastor to double up
El Pastor, the Mexican taqueria from Barrafina founders Sam and James Hart and Crispin Somerville, is to open its second site, Tortilleria El Pastor at 106 Druid Street, Bermodsey, in late March 2018.
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Parched extends veg offer
Parched London, the London based pub and bar operator, has extended its fully vegan and vegetarian offer at its latest opening Wildflower after unexpected levels demand, MCA has learnt.
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Hej Coffee to double up
Hej Coffee, the speciality coffee shop operator and consultancy, have opened a second store, in Somerset House.
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Bodean's eyes train station concessions
Bodean’s BBQ, the London smokehouse restaurant group, is looking at train station concessions as a potential low capex route to growth.
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Bookatable Diner Awards revealed
Online restaurant booking service, Bookatable has named Aqua Shard as ‘Best Restaurant in London 2018’ its Diner Awards.
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Tenpin operator acquires two new sites
Ten Entertainment Group, the Tenpin operator, has acquired two new bowling alleys, taking its estate to 42.