All news articles – Page 747
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NewsDeltic sets out Revolution merger terms
Deltic has set out the terms of its proposed merger with Revolution Bars Group.
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NewsMyers to step down as Busaba CEO
Jason Myers is to step down as chief executive of Busaba Eathai, the Phoenix Equity Partners-backed group
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Osmond: Mid-market units could become unviable
Hugh Osmond, the sector investor, has said that combination of issues including increases in minimum wages, rates and food costs, will make many mid-market units unviable
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Lfls up c7% at Banana Tree
South-east Asian restaurant group Banana Tree saw its like-for-like sales increase by c7% in the five months from May to September. The company, which opened its ninth site last week in Chelmsford, saw like-for-like sales rise 10% in September alone. “With a backdrop of rather depressing hospitality news, we are ...
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Swingers set for Oxford Circus opening
The Institute of Competitive Socialising will confirm later today that it has secured a second site for its Swingers concept Oxford Circus
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Bacaro heading to Oxford
Bacaro, the Southampton based Venetian restaurant, is opening a second site in Summertown Oxford, MCA understands.
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Chatime lines up three more sites
Chatime, the bubble tea franchise, has three more store lined up for this year which will take it up to 25, MCA has learnt.
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JW Lees confirms FY revenue up 5.6%
JW Lees managing director William Lees-Jones has said the 2017 financial year laid the foundations for the next chapter of the family business.
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Vianet acquires Vendman Systems for £4.25m
Vianet, the draught beer quality and data insight specialist, has acquired Vendman Systems for £4.25m.
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Mowgli eyes Oxford opening
Mowgli, the Indian street food restaurant concept backed by the Foresight Group, is in talks to open in Oxford
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NWTC to open 20th site
New World Trading Company, the Graphite-backed pub group, is to open its 20th site this week.
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Bistrot Pierre to strengthen coastal presence
Bistrot Pierre is to further strengthen its presence in UK coastal towns, with an opening in Worthing, West Sussex.
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Analysts corner: Jack on Domino’s
Leading analyst Douglas Jack, of Peel Hunt, has said he believes Domino’s like-for-like sales should be starting to strengthen.
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Greggs launches trial with UberEats
Greggs has said its U-turn on home delivery was prompted by consumer demand but stressed there are no plans to extend its partnership with UberEats beyond its current trial in Newcastle.
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NewsBlagden steps down as CEO of Jamie Oliver’s restaurants
Simon Blagden has stepped down as chief executive of Jamie Oliver’s restaurant empire.
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NewsMeyer launches private equity fund
New York restaurateur Danny Meyer has entered the private-equity world, raising $220m in a fund that is investing in companies that share his “employee-centric focus”.
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NewsEntrepreneur sees great growth potential in Claw
Phil Cameron, the former theatre producer, airport lounge entrepreneur and backer of Claw, has told MCA sees great growth potential in the concept.
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NewsThird Veggie Pret to open in Exmouth Market
Pret A Manger has announced its third vegetarian-only shop will open on Exmouth Market in Clerkenwell next Wednesday.
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NewsNo1 Lounges seeks new PE backing to double in size
Phil Cameron has told MCA he is assessing his options for No1 Lounges and hopes to bring in a new private equity investment to double the size of the group.