All news articles – Page 75
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NewsHospitality welcomes inflation falling to 2.3%
The level is now closer to the Bank of England’s 2% target, which shows it is time for interest rates to be cut, according to trade bodies
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NewsBoparan to develop Carl’s Jr in UK&I
CKE Restaurants Holdings has reached an agreement with Boparan Restaurant Group to exclusively develop the QSR burger brand
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NewsNory raises $16M to spearhead AI across the hospitality industry
The investment will be used to accelerate product development and international expansion for the business, which has created a proprietary AI-powered platform for hospitality businesses to manage and scale operations
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NewsMitchells & Butlers acquires Pesto Restaurants
The managed pub and restaurant operator has completed the acquisition of the Italian-inspired 10-strong tapas concept for no more than £15m, as the group reported “strong profit recovery” in the first half of the year
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NewsAdnams losses widen to £4m amid cost increases
The brewer and pub oprerator is continuing to explore options to fund its future growth plans, which include raising additional capital from another party, and/or the sale of freehold assets to return capital to the company
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NewsNightcap looks to raise £3.5m
The late night group is issuing new shares as it looks to capitalise on stress in the market and consolidation opportunities in the bar sector
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NewsSubway rolls out digital advancements across UK estate
The rollout follows a pilot in which restaurants saw an increase in sales, with an integrated digital experience including kiosks, digital menu boards, a new app and relaunched loyalty programme
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NewsThornbridge & Co reports sales uplift
The joint venture between Thornbridge Brewery and Pivovar saw a 18% increase in sales across its bars in York, Birmingham and Leeds over the first quarter of the year
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NewsFoodservice inflation levels approaching normality
There has been a significant year-on-year fall in inflation of 2.5%, continuing a steady trend towards stability in pricing, according to CGA and Prestige
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NewsSSP sees improved air and rail traffic
UK revenues grew by 19.6% to £392.1m in the first half, while like-for-like growth was 14.7%, with a lower impact from rail strikes
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NewsState of Play seeks to accelerate growth via franchising
The Bounce and Hijingo operator is looking for experienced franchise partners to grow nationally and internationally
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NewsGordon Ramsay takes former Haugen site
Bread Street Kitchen & Bar will open in the 10,000 sq ft Stratford Cross Pavilion building, the sixth London opening of the year under the concpet
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NewsComptoir: Footfall remains ‘challenged and erratic’
The Lebanese, Middle Eastern and North African-inspired restaurant operator put in place a consolidation strategy in place in 2023 and rebuilt its senior team, reporting a marginal increase in sales and neutral EBITDA
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NewsKaren Jones: Confidence is the vital ingredient no business can do without
The Cafe Rouge co-founder and Hawksmoor chairwoman discusses what it takes to be successful
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NewsBig Table Group sees turnover surpass £223m
The operator of Las Iguanas, Bella Italia, Banana Tree, and Café Rouge has identified material growth opportunities for the 75 sites it acquired from The Restaurant Group last year, along with testing several conversions
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NewsDishoom in legal battle over rhyming slang for curry
The restaurant chain has lodged legal papers with the Intellectual Property Office (IPO)
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NewsRomy Miller joins Knoops as CMO
Previously of KellyDeli and Gail’s Bakery, Miller joins as chief marketing officer as the chocolate specialist looks to grow within the UK and internationally
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NewsBounce set to open in Dublin’s Central Plaza
Bounce is one of several hospitality venues to have signed a lease at the former headquarters of the Central Bank of Ireland
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NewsBusaba to trial new wet-led concept
CEO Winston Matthews speaks to MCA about targeting younger consumers, expanding the restaurant brand across London, and taking the food offer “back to where it should be”
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NewsCard payments to be permitted on gaming machines
UKHospitality and the British Beer and Pub Association said the change was a significant victory for pubs and would protect a significant revenue stream