All news articles – Page 7
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NewsFarmer J grows revenue by +50%
The field-tray concept, led by Jonathan Recanati, is expecting to open a further six sites in the UK in 2026, as well as a second site in New York.
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NewsThe Wolseley Hospitality Group raises turnover to £64m
The operator of The Delaunay, Colbert, and other London restaurants reported a turnover uplift of 7.85%, with like-for-likes also seeing growth
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NewsHawksmoor achieves strong turnover growth
The premium steak restaurant achieved an 11% increase in turnover, for the year to 31 December 2024, to £100.4m, driven by strong like-for-like sales alongside the opening of its new restaurant in Chicago.
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NewsPopeyes’ revenue growth highlights ‘incredible momentum’
The fast-growing QSR brand reported revenue of £118.9m in 2024 – up from £58.1m the previous year – driven by new site openings.
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NewsTortilla achieves 5% rise in UK like-for-likes; appoints new CFO
Despite strong growth in UK sales, the fast-casual Mexican restaurant’s UK business reported a loss before tax of £2.3m in the 26 weeks to 29 June 2025
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NewsBow Street Group sees £7.5m loss prior to restructure
The operator of Wildwood and dim t restaurants – formerly known as Tasty – saw revenue fall by 21% in the 26 weeks to 30 June 2025, to £15.1m – primarily due to the impact of five site closures last year
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NewsHonest Burgers to acquire 12 GBK sites
The deal will see Honest Burgers’ portfolio expand to more than 50 restaurants. For Boparan, the deal represents a “strategic opportunity” for Gourmet Burger Kitchen to focus on its core growth area of delivery.
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NewsWingstop revenues reach £125m
Both new openings and strong sales from the existing estate contributed to the 2024 numbers, with the QSR chain aiming to reach 200 sites within five years
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NewsJollibee looking to restart UK expansion from 2026
The Filipino fast food chain – which operates 12 restaurants in the UK – has reported a loss after tax of £4.6m in 2024, but is still planning to “significantly increase” its number of UK openings
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NewsLiu Xiaomian to launch residency at London pub The Stranded
The ‘spicy numbing’ noodle concept will now trade from a third London location, and is actively seeking standalone sites to grow its offering and brand
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NewsOne in three pubs risk closure without tax relief, BII warns
Over a third of pub operators could be forced to shut their businesses if the Government fails to ease the sector’s tax burden in the upcoming Autumn Budget, according to the British Institute of Innkeeping
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NewsCooks Coffee: ‘We are ahead of our openings target’
The operator of the Esquires franchise opened 11 sites during the first half of 2025, with enough sites already in the pipeline to “double that again before the end of the financial year”, CEO Aiden Keegan told MCA.
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NewsPret appoints RBI’s Matthew Bresnahan as CMO
Bresnahan, who will join later this year, has spent the past 12 years with Restaurant Brands International, and brings experience across global brand management, regional sales strategy and customer insights
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NewsTonkotsu like-for-likes soar 8%
The ramen specialist achieved £15.4m turnover in 2024, as it prepares to launch new sites in Cardiff and Birmingham while further growing its regional presence
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NewsRedCat reports profit surge after ‘transformational’ year
For the year to 30 March 2025, adjusted EBITDA rose 290% to £8.8m, with site EBITDA up 42% to £18.7m and like-for-like sales increasing 2%
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NewsChicken Shop sees ‘strong growth prospects’
The Sir Charles Dunstone-backed premium QSR concept increased revenue by 26% to £9.4m in 2024, and has opened two sites so far this year
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NewsHonest Burgers CMO steps down
Marcus Denison-Smith has stepped down after three years with the restaurant brand
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NewsGordon Ramsay UK restaurant sales near £100m
The celebrity chef’s group has brought in investment from Lion Capital to help it to open 20 new restaurants in its most recent financial year
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring Velvet Taco, Big Mamma Group, and more
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NewsActivist investor pushing for SSP takeover
Irenic Capital Management has been trying to drum up interest in a take-over deal for the food to go operator, after it increased its stake to around 3%.