All news articles – Page 80
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NewsApplebee’s sees ‘lots of cross-cultural overlap’ with UK
Dine Brands is looking to launch a dual-branded restaurant concept, combining bar and grill concept Applebee’s and pancake house chain IHOP
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NewsPunch acquires former Wear Inns portfolio
Punch Pubs & Co has added 24 former Wear Inns sites, located in the Northeast and Yorkshire, to its 1,300-strong estate
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NewsHeart with Smart extends senior debt until 2027
The operator of Pizza Hut Restaurants and itsu franchises has also appointed Steve Packer, an existing member of the management team, as CFO, as Andy Platt steps into semi-retirement
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NewsFuller’s launches neurodiversity guide
Monique Samra, Fuller’s people experience manager, will discuss the new guide at MCA’s Pub Conference in June
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NewsWhitbread to exit 126 restaurants and convert 112 into hotel rooms
The Premier Inn operator will invest £500m in the plan, which will incur up to £100m in impairment charges and £25m in cash costs, and involve the loss of 1,500 job roles
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NewsLiberum: Loungers outperforming on multiple measures
Like-for-like sales growth, new openings, and cost control all exceeded expectations in FY24, while the scope for rollout “remains vast,” according to the analyst
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NewsMaven Leisure seeks to raise £2m via Growthdeck
The Ed Martin-led group is launching flagship Blackwood in Piccadilly Circus; a rooftop bar overlooking Trafalgar Square; a 14,000 sq ft site in Victoria; and has a further bar planned before the end of 2026
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NewsFraud charges denied by ex-Patisserie Valerie finance team
The former CFO of Patisserie Valerie along with three other defendants have denied being part of a plot to commit fraud at the collapsed cafe chain
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NewsPopeyes UK grows to £100m sales
The TDR Capital-backed business, which just opened a new drive-thru site in Salford, has plans for 25+ sites for the year ahead
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NewsFamily calls for tougher pub rules
Landlords at the Stag and Pheasant in south Wales pleaded guilty to health and safety failings after a woman suffered a fractured skull due to dim lighting and poor signage
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NewsToca Social announces new investment
The immersive soccer and dining experience, which has plans to open in major cities across the UK, has received an investment from Norwegian Chess Grandmaster Magnus Carlsen
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NewsRevised Deposit Return Scheme ‘significant victory’ for hospitality
Hospitality venues will no longer be required to act as a return point, a key ask due to the cost and complexity involved, according to UKHospitality
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NewsChipotle keen to unlock growth potential in Europe
The new leadership team will drive forward a “compelling proposition,” says CEO Brian Niccol, as the fast casual Mexican chain reports $2.7bn in quarterly sales
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NewsLoungers delivers record revenue
The all-day cafe, bar, and restaurant operator has reported £353.5m in revenue for the 53 weeks ended 21 April 2024, reflecting both strong like-for-like sales growth and the success of the openings programme
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NewsIn pictures: Albert’s Schloss unveils London debut
The Bavarian bier palace concept will open its doors on Shaftesbury Avenue on 5 July, with a spacious 18,000 sq ft venue featuring five bars and an on-site bakery
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NewsNew senior appointments at State of Play
The experiential leisure operator has promoted Nicola Blackford to chief commercial officer and Sam Pollard to UK MD as it continues to look for expansion opportunities overseas
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NewsRedemption Roasters closes investment round
The specialty coffee chain plans to open 17 new sites in London by 2026, with revenues forecast to exceed £25m
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NewsThree Joes confirms site closures
The Neapolitan pizza concept said it had struggled to keep some of its venues viable amid the cost of living crisis, albeit three locations remain open and trading
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NewsPret announces board changes
JAB partner Konrad Meyer has been appointed chairman, succeeding Olivier Goudet, while Pret co-founder Sinclair Beecham rejoins the business
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NewsTortilla looks ahead to improved consumer outlook
The fast casual Mexican group reported a 14% increase in revenue at 3.6% increase in like-for-like sales in 2023, with consumer demand expected to further recover later this year