All news articles – Page 69
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NewsPing Pong maintains profitability
The dim sum restaurant chain, which was bought out of pre-pack administration in 2022, is exploring low capital investment growth opportunities
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NewsTories commit to night time licensing review
A review of licensing laws and planning rules to boost pubs, clubs and music venues will be launched in the first 100 days of a new Conservative government, the party has promised
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NewsThai Leisure Group reports ‘solid and stable’ sales
The casual dining operator credits “adept marketing and refined brand positioning” for ensuring its Chaophraya and Thaikhun brands remain relevant and attractive in the current market
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NewsRed Engine to accelerate global expansion
In 2024, the group is opening Electric Shuffle NYC, Electric Shuffle Manchester in Deansgate, Flight Club Liverpool, and Flight Club Oxford in the Westgate development
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NewsStonegate boosts profits in H1
The pub and bar company reported adjusted EBITDA up 7.7% to £196m, driven by its leased & tenanted and Craft Union divisions, while like-for-like sales in its managed estate were flat
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NewsBritvic rebuffs Carlberg £3.1bn takeover bid
The Britvic board and its advisers “carefully considered the proposal”, and concluded that it “significantly undervalues Britvic, and its current and future prospects”
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NewsCaravan attains B Corp certification
The founders credited sustainable coffee sourcing programmes, energy-efficient roasting, and charity partnerships as important factors behind its strong scores
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NewsAdnams secures interest from multiple parties
The Suffolk brewer has made progress in its review of options to fund future growth plans, and continues to outperform the market in beer volumes and sales
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NewsPopeyes celebrates 50-site milestone
The chain has announced its 50th UK opening on Glasgow’s Sauchiehall Street, and remains on track to double its estate this year
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NewsNoble Hospitality appoints new culinary director
The Alley Cats Pizza and Angus Steakhouse operator welcomes Jeremy Brown, who previously held the position of group executive chef at Gordon Ramsay Restaurants
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, including Inception Group, Cocotte, Be At One and more
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NewsDrop in inflation ‘strongest signal yet’ to cut interest rates
Trade bodies have renewed calls for any incoming government to prioritise reducing the cost burden on the hospitality sector
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NewsDaniel Thwaites achieves 6% growth
The pub operator credited the positioning of its managed properties towards more premium segments, as well as the resilience of its tenanted community pubs
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NewsIn pictures: GDK’s ‘Doner Worthy of the Daylight’ campaign
The campaign looks to transform the perception of kebabs as a late night snack or guilty pleasure
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NewsMcDonald’s ends AI drive-thru trial after order mishaps
The fast food chain’s AI ordering system, developed by IBM, uses voice recognition to process orders and has been rolled out at more than 100 McDonald’s locations in the US since 2021
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NewsCosta unveils new store design
Reopened after a major refurbishment, the coffee giant’s Tooley Street site now features touchscreen ordering systems, a modern seating area, multiple charging points, and a refreshed counter space
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NewsNew takeaways banned from most of Newcastle
The city council will stop new food outlets to opening near schools where more than 10% of Year 6 pupils were obese - covering most areas of the city
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NewsYoung’s delivers industry-leading profitability
The pub operator has reported a revenue increase of 7.4% to £388.8m, while like-for-like revenue grew by 3.4% in the last financial year
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NewsPure launches new business catering service
The new B2B offering will provide catering for meetings and events, a range of workplace feeding options and a new, wholesale range of longer-life Pure products
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NewsInflation rising at slowest pace since 2021
Inflation has come down to the UK’s 2% target, however one of the largest upward contributions to the CPIH rate in May came from restaurants and hotels at 5.8%