All news articles – Page 83
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Squatters take over Gordon Ramsay hotel and pub in London
At least six people locked themselves in the Grade II-listed York and Albany next to Regent’s Park
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Popeyes appoints director of acquisitions and estates
Peter Gibson, formerly of Chicken Shop, Flat Iron, and Nando’s, joins the fried chicken chain as it looks to double its estate this year
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Busaba continues to explore expansion opportunities
The Alan Yau-founded Thai restaurant group reported a 2% decline in like-for-like sales, but continues to look at opportunities “closer to London”
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Hospitality Rising pauses campaign
Founder Mark McCulloch said the recruitment initiative would need a 5-10 year continuous national advertising campaign costing c£1m+ per year
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Tasty reveals 14 site closures
The business will shut 13 Wildwood restaurants and one Dim T as part of its restructuring plan, which will see it exit 20 loss-making sites in total
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Wingstop extends exclusive partnership with Deliveroo
The chain will continue to be exclusively available to Deliveroo customers in 15 cities, with 30% of its revenue coming from delivery
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Big Fang Collective plans three new multiconcept venues
The Imbiba-backed group has planned launches in Bristol, Nottingham and London for later this year, marking its debut in the capital with a 30,000 sq ft space in Waterloo
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Interactive dining and cultural exploration among concepts to watch
Operators are embracing multifunctional spaces that offer more than just dining, whilst a number of new openings offer authentic culinary experiences, according to Lumina Intelligence
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Caravan focuses expansion outside of London
The group reported a strong trading performance, with growth in both transaction volumes and spend, as it prepares to open a new site in Manchester
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Openings of the week
MCA rounds up the week’s biggest openings stories, including McMullen’s, Six by Nico, Heartwood Collection and Comptoir Libanais
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Revolution brands remain ‘well positioned’
The pub and bar group has reiterated that its Revolucion de Cuba, Founders & Co, and Peach Pubs concepts continue to trade well, with group like-for-like sales demonstrating an improving trend as it announces a restructuring plan
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Punch acquires three Leicestershire pubs
The Dog & Gun in Syston, the White Bear in Hinckley and the Horse & Trumpet in Sileby will join Punch’s Leased and Tenanted estate, which is made up of more than 900 pubs
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Revolution Bars Group announces restructuring plan
The group is looking to raise £12.5m, including £3m from Luke Johnson, which will be used to restructure the Revolution-branded estate; while simultaneously launching a formal sales process
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Crosstown seeks new investment
The doughnut brand has appointed M&A specialists from Interpath Advisory to advise the business through the investment process
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Zero Carbon Forum launches Marketplace
The new directory is designed to point hospitality and brewing operators to suppliers offering sustainable products and services
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Italian waiters heading for London blocked by minimum salary threshold
Thousands who once came to the city to work will now fall victim to a new regulation which raised the minimum salary threshold for a skilled work visa from £26,000 to £38,700
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Greggs makes progress on sustainability targets
The food-to-go retailer has achieved 97.1% of electricity usage across all operations came from renewable sources and maintained over 30% of range as ‘Healthier Choice’ products
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Crêpeaffaire seeks new franchise partners
The quick-service crêpe brand has appointed property adviser, Christie & Co to support its UK expansion plans
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Reforming business rates ‘an ideal place to start’ for hospitality
The Labour Party has announced its plan for high streets, including replacing business rates with a new system of business property taxation “which rebalances the burden and levels the playing field”
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Portobello Pub Company acquires Darwin & Wallace
The London bar operator will continue to operate under the same name, with founder Marriott to step down from day-to-day operations, and the enlarged group led by Richard Stringer, managing director of Portobello