All news articles – Page 946
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News
Caledonia completes Liberation acquisition
Caledonia Investments has completed its £118m acquisition Channel Islands-based brewer and pub operator, the Liberation Group.
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Ed’s enters partnership with SSP
Ed’s Easy Diner has signed a franchise deal with SSP with plans to open 11 sites in transports hubs and visitor attractions by the summer of 2020
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Koh Thai secures La Vina site
Koh Group, operator of the Koh Thai Tapas and Koh Noi concepts, has announced it has secured a site for the former format in Lymington
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Richoux Group sales up 5.7% but EBITDA falls
The Richoux Group, the operator of the eponymous brand, Dean’s Diner and Villagio has reported a 5.7% rise in revenue for the 28 weeks to 10 July to £7m, but a fall in EBITDA as it warned of difficult trading conditions.
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Kings Park takes stake in 7Bone Burger Co
Kings Park Capital, the private equity backer of Abokado and Fuel Juice Bars, is to back the expansion of 7Bone Burger Co
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Adjusted H1 EBITDA up 9.2% at Comptoir
Comptoir Group, the operators of Comptoir Libanais, has reported a 9.2% rise in adjusted EBITDA to £1m for the six months to 30 June
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NewsJDW sees sales rise 4.1% year to date
JD Wetherspoon has seen sales growth of 4.1% in its current financial year, from 24 July, and has predicted a “slightly improved trading outcome this year”.
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Greene King managed lfls up 1.7%
Greene King has this morning reported a 1.7% increase in like-for-like sales across its managed estate in the 18 weeks to 4 September
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Pret appoints new UK MD
Pret A Manger, the Bridgepoint-backed group, has appointed Pano Christou as its new managing director for the UK
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Analyst corner: Brumby on over-expansion & fabricated demand
With The Restaurant Group and Ed’s Easy Diner having said that they are to dispose of units, leading analyst Mark Brumby at Langton Capital says the pair are unlikely to be the last operators to trim their estates
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Tortilla strengthens Middle East pipeline
Tortilla, the Quilvest-backed fast-casual concept, has lined up a further two openings in the Middle East
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Sticks ‘n’ Sushi promotes Karlsson to COO
Sticks ‘n’ Sushi has promoted Andreas Karlsson, its UK managing director, to the role of group chief operating officer
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Paul UK lfls up 3.5%
Paul UK, the French bakery and café brand, has seen like-for-like sales increase 3.5% in the year to date
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Campbell: No discernible impact from Brexit
Wagamama chief executive David Campbell has said that the company has experienced no discernible impact from Brexit
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JDW releases autumn menu changes
JD Wetherspoon has introduced three new burgers as part of its autumn menu.
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Wright & Bell to launch Kitty Hawk in November
The debut site for Wright & Bell, the Imbiba-backed concept led by former M&B director Jayne Baker, will be called the Kitty Hawk and will open in November, MCA has learnt.
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Just Eat share price falls after Amazon launch
Just Eat’s share price fell 31p to 538.5p yesterday after Amazon officially launched its one-hour restaurant delivery service for Prime customers in selected areas of London.
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Tabun Kitchen eyes nine sites in next three years
Tabun Kitchen, which aims to be the first casual Palestinian chain, is seeking £200,000 investment to kickstart a growth plan of opening nine new outlets over the next three years.
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Seagrass to launch three restaurant brands in the UK
ustralian hospitality group Seagrass is planning to launch three restaurant brands in the UK over the next two years.
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Deliveroo reveals new branding and rider kits
Deliveroo has revealed a new logo, branding and reflective kit aimed at improved delivery riders’ safety.