All news articles – Page 815
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News
Analyst corner: Young’s
Analysts from Panmure Gordon and JP Morgan give their views on Young’s FY results this morning – including a belief that they may be the only pub company actually able to deliver the like-for-like sales increase necessary to keep profit growth on track but why their sensitivity to weather trends could be a downfall.
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IRC to bring Gino D’Acampo concept to Camden
Individual Restaurant Company is to continue the roll out of its Gino D’Acampo My Restaurant concept with an opening in Camden
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Over £10k raised to buy drinks for Manchester hospital staff
A crowdfunding page has now raised over £10,000 to cover the bar tab for staff working at a Manchester hospital treating victims of Monday’s terrorist attack
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Zizzi launches click-and-collect ordering
Zizzi has partnered with online ordering platform Orderswift to launch click-and-collect ordering across its 145-site estate
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NewsYoung’s FY managed lfls up 4.7%
Young’s has reported like-for-like sales up 4.7% in its managed houses for the 53 weeks to 3 April.
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NewsBrakspear eyes 20 managed sites by 2020
Brakspear chief executive Tom Davies has told MCA the group is targeting 20 managed sites by 2020 and has developed its first rollout vehicle.
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Life Goddess considers pub for Crete offer
The Life Goddess is looking to open a new pub-restaurant this year specialising in Cretan cuisine, MCA has learnt.
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Boxpark Shoreditch refreshes line-up for summer
Boxpark Shoreditch has revealed new food operators for its revamped summer terrace including Coqfighter, Poptata, Nosteagia and Osteria Della Pasta.
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Sir Cheshire to step down from Whitbread board
Whitbread has announced that Sir Ian Cheshire will step down from its board and as senior independent director
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Wahaca 'working hard' to settle norovirus payouts
Wahaca has said it is ‘working hard’ to resolve a number of financial claims made by customers who fell ill after eating at the chain.
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Electra – TGI reporting improved lfls
Electra Partners has said that TGI Friday’s continues to perform in line with its investment case
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NewsYoung's acquires Grand Union sites
Young’s has bought back three sites from Grand Union, the Luke Johnson-backed London-based bar chain, which was placed on the market last year
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NewsEiG announces Three Cheers as latest Managed Expert
Ei Group, formerly Enterprise Inns, has announced that its next managed operator partnership will be with Three Cheers Pub Co – the London-based gastro pub operators.
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Britvic announces new chair; updates on H1
Britvic has announced that Gerald Corbett is to step down as chairman after 12 years in the role, to be replaced by John Daly.
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Hollywood Bowl food sales up 14% under new menu
Hollywood Bowl Group has said its new-style Hollywood diner menus have driven food revenues by 14.4% in refurbished venues.
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Over £8.5k raised for Manchester Hospital Staff to ‘have a drink’
Many acts of kindness showing the true spirit of British people, and the hospitality industry surfaced yesterday
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SSP lines up Euston for Knead
SSP is believed to have lined up Euston Station as the first location for Knead, its new “upmarket bakery concept”
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TRG shares fall on UBS downgrade
Shares in The Restaurant Group (TRG) fell 23p (7%) yesterday to 312.9p, on the back of a note from UBS
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Wadworth acquires GK pubs
Wadworth, the Wiltshire-based brewer and pub operator, has revealed details of a £6.5m investment in its managed house estate with the acquisition of three sites.
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MOD Pizza UK gears up for further expansion
MOD Pizza UK is gearing up for further expansion after experiencing growth across the majority of its existing estate