All news articles – Page 77
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NewsVarious Eateries drives sales through new openings
Executive chairman Andy Bassadone says the business will continue to prioritise the integrity of its brands over short-term financial gain, as its latest results see group like-for-like sales marginally down
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NewsMarston’s outperforms market
Like-for-like sales growth stood at 7.3% in H1 2024, with pub operating profit growing 22% for the 1,395-strong pub operator
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NewsGreggs reports strong progress across channels
Delivery sales, evening trade, and participation in the Greggs app all supported transaction volume growth, with total sales of £693m in the first 19 weeks of 2024
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NewsExperiential concepts to drive pub and bar turnover growth
Brands such as Flight Club, Boom Battle Bar and NQ64 continue to demonstrate resilience and are expected to see robust growth in 2024
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NewsAdnams sees 11% sales uplift
The Suffolk-based brewer and pub operator attributed growth to increasing volumes in beer and spirits, with a strong contribution from both its on-trade and off-trade business
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NewsRudy’s Pizza eyes North East cluster
Mission Mars has identified a site in Newcastle for the Neapolitan pizzeria concept as it looks to build the brand’s presence, by deploying a cluster strategy in underrepresented areas
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NewsTurnover rises 21% for Gordon Ramsay Restaurants
As the group prepares to make its biggest hospitality investment yet at 22 Bishopsgate, it reported 12 months of positive like-for-like sales in the year to August 2023
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NewsShepherd Neame granted Royal Warrant by King
The independent family brewer and pub company, which has a long association with the Royal Family, said it was “incredibly proud” to be among the first businesses to recieve the honour
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NewsBrewDog IPO ‘not on the immediate horizon’
Outgoing CEO James Watt, who is burnt out after running a large company, said his skillset is as a builder rather than a manager
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NewsSoho House sees substantial membership growth
The private members club has seen a 20.4% increase in membership revenue, whilst in-house revenue saw a slight downturn year-on-year
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NewsPizza Pilgrims gears up for Scottish and Welsh debuts
The pizzeria group is opening a further four sites this calender year, in Euston, King’s Cross, Cardiff and Edinburgh, as it reports revenues of £28.7m for 2023
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NewsDishoom and Moto win Sunday Times Best Places to Work awards
Moto was recognised as the best place for work for people aged 55+, while Dishoom was awarded best place to work for ethnic minorities
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NewsThe Rum Kitchen shutters estate
The Caribbean-styled bar restaurant brand appears to be set to enter administration after all four of its locations closed
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NewsPunch delivers revenue and EBITDA growth
Underlying EBITDA for FY24 of £85.6m is now ahead of pre-pandemic levels; while the company is seeing “strong returns on investment” from its Managed Partnership division, with 70 more pubs identified for conversion
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NewsPizzaExpress to make airport debut at Gatwick
PizzaExpress will open its first UK airport restaurant at London’s Gatwick on 20 May, serving a breakfast offer exclusive to the new site
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NewsGreggs hits 2,500 shop milestone
The food-on-the-go retailer plans to open between 140 and 160 new shops in 2024, with a focus on expanding its presence in travel hubs and roadside locations to reach more customers
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NewsNew head of growth at Pasta Evangelists
Axel Bret joins from Starbucks, after MCA revealed late last year that the direct-to-consumer business will begin rolling out customer-facing pasta bars across London
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NewsI am Döner signs first location in Canada
The Think Hospitality-backed kebab brand is also currently in talks with prospective partners in the GCC, building on its existing dark kitchen launch in Dubai
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NewsKrispy Kreme sees fall in UK volumes
Lower volumes more than offset strong sales in Canada and Mexico, leading to a decline of 50 basis points in adjusted EBITDA margins for the international segment
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NewsGordon Ramsay announces largest hospitality investment yet
The chef will open five culinary outlets at 22 Bishopsgate, including Lucky Cat, Chef’s Table, and Bread Street Kitchen, which are set to be London’s highest restaurants