All Results articles – Page 15
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NewsMarston’s “will continue to land bank sites”
Marston’s chief executive Ralph Findlay has told MCA the group will continue to land bank sites despite revising down its growth targets for next year.
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NewsEiG: Managed Expert exits; REIT status and regional growth
Following Ei Group’s H1 trading update, MCA spoke to chief executive Simon Townsend. He discussed what the group’s revised growth prospects mean for the long-term goal of converting to a REIT. He also spoke about the where growth would come from in the managed estate, timetabling eventual exits from the Managed Investment partnerships and the first new site for its joint venture with PubLove. On the tenanted and leased estate, he said that while the Midlands and the north of England had slipped into negative like-for-likes, the long-term recovery of these areas remains on track.
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NewsPatisserie Holdings H1 revenue up 9.1%
Patisserie Holdings saw revenue grow 9.1% to £60.5m in the six months to 31 March
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NewsEiG “maintaining growth momentum” in H1
Ei Group has reported like-for-like net income up 0.6% across its leased and tenanted estate for the six months to 31 March.
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News“Jury still out” on JDW pizza offer
JD Wetherspoon chairman Tim Martin has said the “jury is still out” on the group’s trial of a pizza offer, admitting he has his doubts as to whether it will be profitable.
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NewsMarket conditions impact Greggs
Greggs has this morning reported a 1.3% increase in like-for-like sales across its company-managed shop estate
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NewsJDW Q3 lfls up 3.5%
JD Wetherspoon grew like-for-like sales 3.5% in its third quarter to 29 April while total sales were up 2.8%.
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NewsKFC UK sales fell 9% in Q1
KFC UK sales fell 9% in the first quarter, following widespread disruption caused by its supply chain problems.
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Heartstone has firepower for further growth
Heartstone Inns, the South of England-based pub operator, has said it has the firepower for further growth following a year in which saw like-for-like sales increase 3%.
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NewsCarlsberg hit by premiumisation trend in UK
Carlsberg has said its market share in the UK has been hit by consumers desire to trade up from mainstream brands.
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Just Eat sees 24% Q1 order growth in UK
Just Eat saw UK orders grow 24% in the first quarter – to 29.7 million – boosted by an extra 1.4 million orders from the acquisition of Hungryhouse.
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NewsDomino’s grows UK lfls 7% in Q1
Domino’s has reported UK like-for-like sales up 7% in its first quarter with group system sales up 18.3% to £311.1m.
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Restaurant Brands unveils Tim Hortons improvement plan
Restaurant Brands has unveiled a new plan aimed at reviving “soft” sales across its Tim Hortons estate.
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NewsWhitbread outlines Costa demerger plan
Whitbread has confirmed it will seek a demerger of Costa, which it expects to complete within the next two years.
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Adnams warns of weaker H1 trading
Brewer and pub operator Adnams has warned that it is likely to report trading for the first half of the year down on the same period last year.
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Chapel Down FY sales up 15%
Chapel Down saw sales rise 15% to £11.8m in the year to 31 December, with beer and cider sales growing 7% t0 £3.7m.
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Intu sees footfall increase 1.5%
Intu, the shopping centre landlord, has reported a 1.5% rise in footfall across its estate since 1 January.
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NewsGreene King managed lfls down 1.8%
Greene King has this morning reported a 1.8% decline in like-for-like sales across its managed pubs division
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Zonal sees turnover rise 20.5%
Zonal, the hospitality technology specialist, has reported a 20.5% rise in turnover in the year to 30 June 2017, to £54.3m.
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NewsJDW H1 lfls up 6.1%
JD Wetherspoon has reported a 6.1% rise in like-for-like sales for the 26 weeks to 28 January.