All news articles – Page 94
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McMullen’s chair to step down
Charles Brims will retire next year after 22 years as chairman and will be replaced by Stephen Gould, currently managing director of Everards Brewery
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Costa launches cafe collaboration with Sainsbury’s
With an investment exceeding £3m, Costa has unveiled initial plans to open 11 new stores within Sainsbury’s supermarkets in 2024
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Sticks’n’Sushi secures £22m loan from OakNorth
With the support of McWin and OakNorth Bank, the premium Japanese restaurant group will continue to open new restaurants across the UK
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Pho lines up new openings
The Vietnamese restaurant group aims to open six or seven sites in 2024, starting with new restaurant openings in Glasgow city centre and Baker Street, London, this spring
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Salt Bae restaurant reports cost-cutting initiatives
The Nusr-Et steakhouse in London’s Knightsbridge, which charges nearly £700 for its most expensive steak, is making efforts to cut costs due to soaring energy bills
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Nightcap acquires The Piano Works
Since November 2023, the Piano Works has had a successful residency within Nightcap’s Barrio Covent Garden venue, resulting in a significant uplift in revenues and adding an established, interactive live music entertainment concept to Nightcap’s portfolio
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MJMK to open second Mexican restaurant
The Casa do Frango operator will open a second restaurant, Fonda, in partnership with Santiago Lastra, the chef patron behind Michelin-starred venue Kol
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Ofcom rejects BrewDog complaint over BBC documentary
BrewDog claimed the documentary, broadcast in January 2022, unfairly presented allegations relating to personal misconduct by CEO James Watt and infringed on his right to privacy
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Ukraine benefit campaign seeks £1m
The Day of the Nightingale, led by Piper associate partner Yasha Estraikh, is backed by Loungers, Swingers, Boxpark, Incipio Group, Inception Group, TVG Hospitality, Market Halls, and Upham Inns
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Permanently Unique launches new restaurant and music venue
Louis will open in Manchester’s Spinningfields this autumn as a dinner-only venue offering Italian-American cuisine and live entertainment
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Punch Pubs reports growth across all divisions
The pub company has identified 70 new pubs in its leased & tenanted estate it will look to convert to its management partnership model over the next three years
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Rekom UK sold for £19.5m in pre-pack
Just one offer was received for the group of companies from a connected party, after it was established that no new investment was available from existing shareholders or secured creditors
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How a taste for cheap chicken is transforming Britain
A boom in poultry farming has been blamed for housebuilding delays and turning rivers green, The Telegraph reports
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Pret cuts prices of best-selling sandwiches
The food to go chain has knocked up to £1 off cost of six products including tuna baguette and cheese toastie, The Telegraph reports
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Giles Coren names GDK ’worst restaurant in the world’
Writing in The Times, the acerbic restaurant critic panned German Doner Kebab as “utterly hideous”
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Portobello Starboard like-for-like sales ahead of market
The South East based pub and hotel business reports above budget returns from recently invested sites helped it exceed targeted EBITDA
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Greene King to launch new pub franchise concept
Nest Pubs will be wet-led pubs located on high streets and communities, with regular sport and entertainment, and a simple pizza offer
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Openings of the week
MCA rounds up the week’s biggest openings stories, including Cubitt House, Heartwood Collection, Gino D’Acampo, German Doner Kebab and more
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Costa Coffee increases pay rate by 9%
The starting rate for baristas will rise to £12 per hour, from £10.70, with employees set to receive a pay rise from 1 April 2024
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Oakberry Açaí plans 16 site openings in 2024
The international açaí brand will target a mixture of equity and franchisee locations across the UK, after making its London debut last summer.