All news articles – Page 74
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Wagamama to launch in India
The brand has partnered with Travel Food Services to open in Mumbai Airport - its 19th market - with the ambition for expansion in transport hubs across the country
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Robinson’s increases pub partner investment
The Stockport-based family brewer spent £2.3m on its pub partner estate, including three managed investments and an average of just under £200,000 per pub
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200 Degrees introduces automated coffee units
The Midlands-based operator has entered the market for premium automated coffee machines with the installation of its first Coffee 2GO unit in Nottingham
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Pret A Manger signs ten-year deal for Canada expansion
The UK-based food-to-go business has signed a developement agreement with restaurant chain A&W, following a two-year trial period
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Kaspa’s Desserts continues expansion with new UK flagship
The dessert brand is opening a new site in Southport, alongside its first branch in Marrakesh, Morocco, and two more sites to open in Rabat and Casablanca by the end of 2024
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Revolution shareholders urged to back fundraising plan
The pub and bar group warned without £12.5m equity fundraising, shareholders risk losing all their investment in the company
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Admiral Taverns acquires 37 pubs from Fuller’s
The portfolio of freehold, community, wet-led sites from Fuller’s Tenanted estate span London, Surrey, Sussex and Hampshire, and were sold for £18.3m
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Greene King delivers growth across divisions
Greene King has reported a 9% increase in group revenue to £2,375m in 2023, as the pubco continues to invest in strengthening its brands and building a stronger, more sustainable business
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Revolutions Bars rejects proposal from Nightcap
The group confirmed it had received a proposal on 17 May, which it concluded was incapable of being delivered due to material delivery risk
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Bear launches crowdfunding campaign
The Midlands-based coffee and lifestyle brand is targeting £2 million to support its national expansion after securing investment from Clark Group last year
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Costa to launch robotic coffee kiosk
The UK-based brand will partner with US hospitality group Delaware North to launch its new Costa Coffee Creations concept at Austin-Bergstrom International Airport in Texas
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Tory and Labour make pitches to hospitality sector
Hospitality minister Kevin Hollinrake MP and shadow minister for science Chi Onwurah MP seperately addressed business leaders about how they would support the sector in government
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Island Poké set to file for CVA
The food to go chain has called on insolvency and recovery firm Begbies Traynor to to submit a CVA applicaiton to the High Court, City AM reports
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Openings of the week
MCA rounds up this week’s biggest openings stories, including a new concept from EL&N, Alex Xu’s Kung Fu Burger, Zambrero and more
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Slug & Lettuce new summer menu drives value image
The cocktail bar chain is looking to broaden its appeal with a range of dining options, including a dinner date offer for £23pp and a Bottomless Brunch menu available into the evening
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Megan’s revenues reach £29.9m
The all-day restaurant group’s 20th site in Twickenham is exceeding expectations, with upcoming openings to include Farnham, Crouch End, and Henley
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Moto owners prepare to put company up for sale
Joint owners CVC Capital Partners and the Universities Superannuation Scheme have hired Rothschild to oversee an auction of the motorway services business which could value it by as much as £3bn, Sky News reports
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Shaftesbury Capital reports high footfall across West End
The landlord further reported strong retail and hospitality leasing demand across its portfolio, with 23 new brands introduced
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Riders and shareholders to challenge Deliveroo over pay dispute
The Deliveroo board will face questions over low pay, poor working conditions, and job security during its AGM in London today
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Hospitality calls on government to unlock sector potential
Trade bodies have called on all parties to uphold political stability and acknowledge the strategic importance of the sector, ahead of the general election in July