All news articles – Page 748
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Butcombe acquires first Dorset site
Butcombe Brewing Company has acquired its first site in Dorset - the Castle Inn, West Lulworth.
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Stonegate strengthens acquisition fund
Stonegate agreed funding for its proposed takeover of Revolution Bars Group earlier this summer through Barclays, MCA understands.
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Shake Shack to open cashless, kiosk-only site
Shake Shack is opening its first-ever cashless kiosk, in New York this month
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Former maître d’ of Isobel to launch debut restaurant
James Gummer, the former Maître d’ of Isobel, is to launch his first restaurant venture after securing the Ripe Tomato site in All Saints Road
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Analysts corner: Jack on Revolution
Leading analyst, Douglas Jack, of Peel Hunt, has said that after a restatement of prior year numbers, Revolution Bars Group should now be seen as having generated “sector-leading growth”.
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Din Tai Fung set for Centre Point
Din Tai Fung, the Taiwanese restaurant concept, will make its UK debut next year in London’s West End
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Orange Buffalo to launch Hoxton operation
The Orange Buffalo, the street food and pop-up wings concept, is opening at Hoxton Square Bar & Kitchen.
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Prezzo expects six to 10 openings in next year
Prezzo chief executive Jon Hendry-Pickup has told MCA that the group will be “extremely selective” with new sites for the near future.
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Time Out Market eyes smaller format for London launch
Time Out Market is looking to tweak its model in order to secure an opening in London
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Pergola team to launch two further London sites
The Incipio Group, the company behind the Pergola on the Roof concept, is to launch two further sites in London
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Britvic to close Norwich manufacturing plant
Britvic has proposed the closure of its Norwich manufacturing site.
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Everards completes brewery site sale
Everards has completed the sale of brewery site to the Crown Estate.
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Denny’s attempts UK launch again
US diner chain Denny’s is to make another attempt to launch in the UK, after signing a franchise deal to open sites in Wales
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Michelin reveals stars for 2018
A nine-seat sushi bar in Mayfair has become the first Japanese restaurant in the UK to win three Michelin stars.
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Revolution FY lfls up 1.5%
Revolution Bars Group, grew like-for-like sales by 1.5% in the year to 1 July.
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Greggs Q3 lfls up 5%
Greggs has reported a 5% increase in like-for-like sales (2016: 2.8%) across its company-managed shop estate for the 13 weeks to 30 September
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D&D reports “lousy couple of months of trading”
D&D London has reported “a lousy last couple of months” of trading amid poor summer weather and growing political and economic uncertainty
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Jamie’s Italian posts FY loss
After a £10.9m hit from closing six sites at the start of this year, Jamie’s Italian slumped from a full-year pre-tax profit of £2.4m to a loss of £9.9m
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Be At One refinances; ends sales process
Be At One has completed a £20m refinancing, and ended the sales process it started earlier this year
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Sherwood joins Wagamama
Nigel Sherwood, formerly of Byron, Shake Shack and Nando’s, has joined Wagamama, the Duke Street Capital-backed company