All news articles – Page 810
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NewsDeltic eyes 30 Bar & Beyonds
Deltic Group chief executive Peter Marks has told MCA he sees the potential for the Bar & Beyond format to grow to between 20 and 30 sites.
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Santo Remedio reaches crowdfunding target
Santo Remedio, the Mexican-style ‘cantina’ that was forced to close its Shoreditch site after just five months of business, is set to re-open after successfully reaching its crowdfunding target.
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Handling eyes expansion for The Frog
Adam Handling, the chef-propietor behind The Frog, plans to roll out the restaurant concept across the UK before taking it worldwide
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Consumer spending slowed in May
Consumer spending growth slowed to 2.8% in May – despite Brits continuing to spend on the ‘experience economy’ – as overall confidence in household spending power cooled in response to inflation.
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DP Poland announces share placing
DP Poland has announced that it is to place c£5.2m worth of new shares in the company at 43p via an accelerated book-building process.
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Vianet FY revenue flat
Vianet, the draught beer quality and data insight specialist, has reported revenues essentially flat for the year to 31 March, at £14.26m (2016: £14.29m).
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ALMR appoints COO
The Association of Licensed Multiple Retailers has appointed Rupert Culme-Seymour as its chief operating officer.
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Spirit revenues top beer for first time
The latest figures from HMRC has shown that sales from spirits brought more into the Treasury than beer last year for the first time.
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Waterloo set for Mamma Mia!-inspired restaurant
The producers of the hit musical and film Mamma Mia! are in the process of applying for planning permission to build a temporary venue in London’s Waterloo area, where they can recreate an authentic Greek taverna and event space.
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Tim Horton’s starts building UK pipeline
Canadian coffee chain Tim Horton’s, which recently mad its debut in the UK under its new joint venture in Glasgow, has begun to build its openings pipeline here, MCA understands.
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Starbucks to open second UK Reserve site
Starbucks is to launch the second of its “coffee theatre” Reserve brand sites in the UK, near Tower Bridge
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Former Criterion owners to launch new concept
The former owners of the Criterion restaurant in London’s Piccadilly, are set to launch a new fast casual concept in the City
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Sub Cult signs for Broadgate scheme
Sub Cult, the gourmet sandwich street food operator, has secured its first semi-permanent home at British Land’s Broadgate scheme, MCA has learnt.
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The Alchemist to go West
The Alchemist, the Palatine Private Equity-backed cocktail bar and restaurant concept, is in talks to open its first site in the South West
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Island Poke set to double up
Island Poke, the fledgling concept backed by the White Rabbit Fund, is set to double its presence in the capital
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HIT Training announces partnership with The Springboard Charity
HIT Training, the apprenticeship provider for the hospitality industry, has announced a three year partnership with The Springboard Charity, which helps the youth and unemployed into work.
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NewsComptoir share price falls 28% after warning to market
Comptoir Group saw its share price fall 28.5% yesterday after warning of an unexpected decline in like-for-like sales and profits at some of its mature restaurants.
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French: Downgrades Whitbread from Buy to Hold
Leading sector analyst Simon French at Cenkos has downgraded Whitbread from Buy to Hold following a period of share price outperformance
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Stonegate investment package sold for £23m
A package of 13 freehold pubs has been sold off-market by Aprirose Real Estate Investors to BlackRock, in an off-market deal, for £23m.
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Deltic postpones IPO plans
Deltic Group has put back plans to explore an IPO or another type of exit until at least next year