All news articles – Page 86
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NewsAdnams open to sale
The Suffolk brewery is sounding out prospective buyers and investors as the brewing industry experiences higher costs and weaker demand, according to Sky News
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NewsRichard Caring tests appetite for café bar
The restaurant tycoon is trying out his latest venture at two sites before possibly being expanded nationally
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NewsCovid debt is haunting restaurant chains — but Wahaca has a lifeline
Repayments are bearing down on the Mexican chain and another London favourite, The Breakfast Club
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NewsCooks Coffee appoints Aiden Keegan as CEO
Keegan has worked with the Esquires owner since 2004, most recently as MD for the Esquires UK business
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NewsEaster bookings up 40%
Across the four-day period, Easter Sunday remains the most popular date to book, with bookings up by nearly 50% on 2023, according to Zonal
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NewsDouble swoop for Heartwood Inns at Publican Awards
The operator impressed judges in both the Best Managed Pub Company and Best Pub Operations Team categories, with other winners including Liberation Group and Loungers’ Alex Reilley
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NewsRedCat Pub Company to exit 24 sites
The Rooney Anand-led pub investment vehicle said it has undertaken a strategic review in context of sector-wide challenges, in addition to appointing a new executive team
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NewsButcombe Pubs & Inns reports record sales in March
The Liberation Group-owned business attributed strong sales to a bumper Mother’s Day weekend and the Cheltenham Festival
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NewsOpenings of the week
MCA rounds up the week’s biggest openings stories, including Wingstop UK, Urban Pubs & Bars, Loungers and more
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NewsStarbucks to open further 100 UK stores
The coffee giant reported 22% year-on-year sales growth in the UK to £547.7m, with plans to grow its current estate of 340 drive-thrus
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NewsTom Sugarman swaps Wasabi for itsu
The former Wasabi managing director has left the sushi and bento brand for itsu, where he has joined as hospitality & development director
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NewsGreene King opens first Nest pub
The Palmer Tavern, located on Wokingham Road in Reading has opened after a £360,000 investment by the pub company
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NewsShake Shack opens first train station site
The burger chain is set to open in St Pancras International, home to the Eurostar in early summer 2024
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NewsXP Factory sees opportunity to ‘make hay in underpenetrated market’
CEO Richard Harpham said the experiential operator opened so many sites so quickly in 2022, “we didn’t get everything right”, but added its brands Boom Battle Bar and Escape Hunt remain “highly resilient” to consumer headwinds
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NewsPapa John’s confirms 43 closure locations
Around a tenth of the pizza company’s 450 UK locations are described as “low-performing” or “underperforming” and so no longer financially viable
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NewsFluffy Fluffy adds seven sites to pipeline
The souffle pancake concept has opened five sites since its launch in Manchester in 2022, and is set to more than double its estate
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NewsRevolution Bars ‘actively exploring’ all options
The pub and bar operator confirmed it is engaging with shareholders to fundraise, while exploring strategic options including a restructuring or partial or full sale
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NewsBig Mamma pushes ahead with global expansion
The Italian restaurant group said its acquisition by McWin would support its global expansion plans in Europe, the Middle East and United States
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NewsGail’s owners could begin sales process this year
Sky News reports Bain Capital Credit and EBITDA Investments, a fund backed by Henry McGovern of McWin, are drawing up plans to appoint bankers, potentially before the end of this year
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NewsIndividual Restaurants expands Piccolino
The brand, backed by the founding families of Iceland supermarket, is opening in Henley-on-Thames and Marlow in the summer of 2024