All news articles – Page 696
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NewsBTP ops director departs
Duncan Zvonek-Little has stepped down from his role as operations director at Boston Tea Party after 18 months with the company, MCA understands.
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NewsPatty & Bun confirms Brighton site
Patty & Bun has confirmed its first regional site in Brighton, as flagged up by MCA in August 2017.
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NewsBrewDog extends fundraise
BrewDog is extending the deadline for its Equity for Punks crowdfunding programme citing an “incredible groundswell of demand” to invest.
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NewsUK coffee shop market to grow by 5.3%
The total UK coffee shop market is set to exceed 31,400 outlets by 2022, with a turnover of £13bn, Allegra World Coffee Portal has forecast.
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NewsHouse of Song to open second live music venue
The House of Song is to open its second live music venue, Studio 88, off Leicester Square, later this month.
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Steamin’ Billy eyes growth to 20
Steamin’ Billy, the Leicester-based pub group, is eyeing growth to 20 sites and is targeting small group acquisitions.
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Ivy Collection confirmed for Glasgow
The Ivy Collection, the Richard Caring-backed operator of the Ivy Market Grill and Ivy Café formats, has been granted planning permission to open in Glasgow’s Buchanan Street.
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Smith acquires Marston’s pub for fourth site
Derbyshire-based multiple pub operator Jonathan Smith has acquired the Red Lion in Shirland from Marston’s.
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EiG partners with Yext
Ei Group has partnered with Yext, the global digital knowledge management provider, to improve customer experience and drive footfall to its websites.
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Distil Q3 revenue up 19%
Distil, the producer of premium drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, Blavod Black Vodka, Jago’s Cream Liqueur and Diva vodka, has reported third quarter revenues and volumes climbed by 19% to December.
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Savills announces succession plan
The board of Savills has announced that Jeremy Helsby will retire as group chief executive at the end of 2018 after 39 years with the company.
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Greggs FY lfls up 3.7%
Greggs has reported like-for-like sales in its company-managed stores up 3.7% for the year to 30 December.
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NewsJanuary 2018
The January 2018 digital edition of the MCA journal is now available, including a special report on the landscape of discounts and promotions, which swept across the sector in the last quarter of 2017 and into the New Year. It also features profiles of leading operators including Burning Night Group, POD, Neil Rankin, Sticks n Sushi and Yard Sale Pizza.
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Restaurants ‘can do more on beer/food pairings’
Tim Clay, the new managing director of Asahi UK, has said there are still significant opportunities for restaurant operators to tap into the demand for beer and food matching.
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NewsB&K exceeds £7m fundraising target
Brewhouse & Kitchen is preparing to close its £7.7m equity raise after hitting its extended target within three weeks.
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Inn Collection lfls up 13% in 2017
North east-based pub group, the Inn Collection, has reported a rise in like-for-like sales of 7.5% in the five weeks to January 6.
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NewsJamie’s confirms it is exploring restructure
The Jamie Oliver Restaurant Group has confirmed that it is exploring plans to restructure its Jamie’s Italian restaurant estate in the UK.
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Analysts corner: Jack on M&B
Leading analyst, Douglas Jack, of Peel Hunt, gives his view on Mitchells & Butlers, saying that with like-for-like sales momentum starting to build, “the long-awaited positive catalyst is emerging”.
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B&K grows December lfls 5.25%
Brewhouse & Kitchen saw like-for-like sales increase by 5.25% in December.
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Kanada-Ya eyes two more in 2018
Kanada-Ya, the ramen concept, is eyeing two more UK sites in 2018, MCA’s sister title BigHospitality reports.