All Property articles – Page 7
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NewsStonegate reports 'material uplift' in profit margin
CEO David McDowall said it’s estate transformation strategy, which involves converting managed sites to leased & tenanted and operator-managed, is delivering results
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NewsWahaca brings in P-Three to accelerate UK expansion
The contemporary Mexican restaurant group says it is targeting new sites in Cambridge, Manchester, Glasgow and Birmingham, as well as multiple locations across London
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Analysis & InsightNumber of UK food halls rises 31%
Data from hospitality consultancy Next Phase reveals ‘the strongest growth figures yet for the UK food hall sector’ with just one closure recorded across the segment in the past year
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NewsMinor Hotels launches Colbert Collection
Taking its name from its Chelsea all-day restaurant of the same name, the premium soft brand will work with independent hotels owners via management and franchise agreements, with expansion planned in the UK and worldwide
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InterviewsPopeyes: ‘We’ve got a lot of white space to move into’
The fast-growing fried chicken chain is aiming to open a further 40 sites this year with chief development officer Tom Byng saying there’s still plenty of room for growth
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NewsRedCat explores investment options
The Rooney Anand-chaired pubs-with-rooms business has appointed advisors at Rothschild & Co to assess options for its next stage of growth
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InterviewsGreggs: ‘The early results for Bitesize are very positive’
The bakery group’s property director, Tony Rowson, says the small-scale offshoot is opening up more location opportunities with more launches under the format planned
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Weekend PressBritain’s high streets ‘dragged down by vape shops’
Communities secretary Steve Reed has vowed the government will restore pride in run-down towns, the Sunday Telegraph reports
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InterviewsBlack Sheep Coffee: ‘The main focus is honestly just growth’
Chief growth officer Isobel Childs says the coffee shop chain is aiming to reach 300 UK sites by end of 2028 with franchise agreements now in place across the country
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NewsTilray acquires BrewDog’s US assets
The deal includes BrewDog’s brewery, pub, and hotel in Columbus, Ohio, as well as pubs in New Albany and Cleveland, and its site in Las Vegas, Nevada
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NewsShake Shack to launch first halal-friendly restaurant
The group’s new Manchester site, which is set to open later this month, will be the first to only serve halal-certified meat
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NewsThe Coffee House to accelerate expansion after securing further investment
The Northwest-based coffee shop operator has set out a long-term ambition to exceed 200 sites nationally following the £7m in new investment from Andy Bell and Fergus Lyons
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InterviewsYolk: ‘We’re absolutely trying to build something that will scale beyond central London’
Founder Nick Philpot tells MCA the ‘fine fast-food brand’ has learnt lessons around site selection following its recent CVA as it looks to return to the expansion trail
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NewsCoaching Inn Group confirms seven new additions from RedCat estate
The pubs-with-rooms business will see its estate grow to 43 sites following the transition of seven RedCat Independent Pub locations into its portfolio
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InterviewsGail’s: ‘We see opportunities to grow into new areas’
Managing director Nick Ayerst says the rapidly expanding bakery chain is looking to cast the net wider in terms of location types as it continues to grow
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InterviewsMcDonald’s UK: ‘Fresh eyes on the business has informed how we want to grow’
Chief restaurant officer Patrick Gerber, part of a refreshed senior team leading the UK & Ireland territory, said chicken, beverages, value for money and customer experience were some of the key strategic priorities for the business, which recently posted one of its strongest quarters of recent years
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NewsYolk launches £1m fundraise to kickstart expansion
The ‘fine fast-food brand’ has launched another round of fundraising to facilitate the opening of its next two sites.
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Weekend PressBrewDog sold Highland estate for knockdown price after abandoning reforestation plans
Land registration records seen by The Guardian show that BrewDog sold its ’Lost Forest’ at Kinrara for £8.85m, but the estate would have been expected to be worth about £11.3m in real terms by now
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NewsVarious Eateries to rebrand as Coppa Collective as it moves into pubs with rooms
The Hugh Osmond-backed group has acquired four pubs with rooms with a fifth in the offing that will collectively form a third core operating brand alongside Coppa Club and Noci
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Analysis & InsightTravel hubs unlock broader demographic away from challenged high street
Following speculative reports that The Restaurant Group could be looking to sell off its travel concessions division, MCA examines a buoyant part of the sector which is growing ahead of the wider market