All news articles – Page 88
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NewsSubway agrees European partnership deal with McWin
McWin will assume responsibility for 400 existing franchise restaurants in France, the Czech Republic, Luxembourg and Belgium, with plans to open 600 new sites over the next decade
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NewsBrewery insolvencies triple in 2023
Breal Capital, which recently rebranded its growing beer business to Keystone Brewing Group has been active in acquiring distressed businesses such as Purity, Black Sheep, Brew by Numbers and Brick
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NewsBoom Battle Bar operator grows revenues by 96%
XP Factory opened some nine sites in 2023, boosting sales to £44.7m, and double-digit like-for-like growth
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NewsKnoops agrees Middle East expansion
CEO William Gordon-Harris is seeking to “build a billion-dollar brand” and has a goal of operating 3,000 stores globally by 2030
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NewsCC Capital in talks to acquire Soho House
Chairman Ron Burkle defended the members group against attacks against its business model and profitability, arguing its houses create “tremendous long-term value”
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NewsStonegate announces senior appointments
The group has appointed Carol Campbell, Lee Reed and Frazer Grimbleby as managing directors, while Nick Andrews is set to retire
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NewsChanges to apprenticeships ‘very positive’
UKHospitality chief Kate Nicholls said the apprencticeships levy still needs reform to allow businesses more flexibility with funding
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NewsM&B’s Orleans Smokehouse off to ‘flying start’
Data shows that average transaction values are up significantly when compared with Harvester previously, meanwhile the new smokehouse concept is over-indexing with younger age groups
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![Hush Collection - Jamie Barber & Ed Standring [2] reduced](https://d36hgjhwuw81py.cloudfront.net/Pictures/100x67/1/6/9/319169_hushcollectionjamiebarberedstandring2reduced_10117.jpg)
NewsHush Collection shifts focus to Haché Brasserie concept
The sale of its smaller sites has allowed the group to focus on its “core activities, to repay certain shareholder loans and its overdraft facility in full, and to provide liquidity”
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NewsCrussh returns to expansion trail
The healthy food and juice bar chain is to open new sites in London’s Kensington and Fulham, after being bought out of administration in January 2023
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NewsNightcap remains optimistic for future outlook
Despite revenue growth of 42%, the late night operator reported like-for-likes down 10% but expects a gradual recovery later this year as the financial outlook for its customer base improves
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NewsNespresso to open first on-the-go coffee shop
A new ’Nespresso bar’ concept will open near Liverpool Street station in London, after the brand closed two sit-down cafés in the capital in 2019
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NewsPrezzo returns to profitability in 2023
In April 2023, the business took the decision to reduce it restaurant estate down to 97 sites which were profitable and capable of delivering sustainable growth
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NewsRight place, long time: what are the secret ingredients that help a restaurant last for years?
The Sportsman, Melton’s and Prashad have thrived for two decades or longer. The Observer meets the teams behind these evergreen favourites
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NewsMcDonald’s blames global outage on third party
The chain said the global outage happened during a “configuration change” and stopped stores taking orders in the UK, Australia and Japan - amongst others
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NewsWetherspoon selling pints for as little as £1.99 this St Patrick’s Day
The popular pub chain has several deals for those celebrating the Irish holiday, with a traditional pint of Guinness for just £2.99
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NewsA quarter of London’s clubs lost since Covid pandemic began
London has lost almost a quarter of its nightclubs since the pandemic started, a report has revealed
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NewsMembership waitlist at all-time high, reports Soho House
The members club group has reported losses of $118m (£92.5m) for 2023, and said it had undertaken an independent review of its accounting practices to ”counter misleading claims”
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NewsMcDonald’s trialling bigger burgers
The fast food giant sees significant opportunity to roll out ‘more satiating’ burgers to its menu, according to CFO Ian Borden
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NewsNew operations director at Craft Union
Lucy Barker joins Stonegate’s operator-led business from her role as ops director for Punch Pubs & Co