All Results articles – Page 8
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NewsMandy Yin: ‘Revenue has not kept pace with the costs of running an independent restaurant’
The chef confirmed she has closed her high-profile north London Malaysian restaurant Sambal Shiok Laksa Bar saying she could no longer continue to personally carry the financial risk
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Analysis & InsightWho has had a pizza the action? A history of PizzaExpress over three decades
PizzaExpress has had seven different owners since founder Peter Boizot’s sale to Luke Johnson’s and Hugh Osmond in 1993, including being quoted plc twice, and four separate private equity owners. In this deep dive analysis drawing on decades of research, Geof Collyer of Lavender Bank Parters explores what has been invested, who has made or lost money during ownership, and who has looked after the business.
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NewsBig Mamma confirms plans for US debut
The French-founded Italian group has revealed it will open its first restaurant across the pond later this year in Juno Beach, South Florida
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NewsTravelodge reports ‘solid start’ to the year
The budget hotel business says it ‘outperformed the competitive segment against a challenging market backdrop’ in Q1 26 with turnover up and F&B revenue increasing 7% year-on-year
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NewsHigh inflation and interest rates continue to hold back margin growth at Pizza GoGo
The pizza franchise says it ‘performed well against a backdrop of challenging business conditions and market uncertainty’ in its latest financial results, with turnover and profit both seeing marginal growth
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NewsKokoro ‘well positioned to deliver sustained growth’ as profits rise
The Korean-Japanese QSR chain is currently transitioning existing joint venture stores to a franchise structure in order to create ‘a more scalable operating model’, as it targets nationwide growth
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NewsLeon exits administration as CVA approved
The ‘naturally fast-food’ chain says it will now press ahead with ‘ambitious development plans’ after 100% of voting creditors backed the restructuring
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NewsCooks Coffee grows sales by 23%
The Esquires operator opened a net 12 new stores during the financial year, with UK like-for-like growth of 1.8%
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NewsBig Mamma performing ‘in excess of expectations’ as turnover surpasses £50m
Despite swinging to a loss, the French-founded Italian group says its restaurants continue to see ‘resounding results’ with sales up 27% in its most recent financial year
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NewsAdnams chair: ‘The company’s level of borrowings was unsustainable’
The regional brewer and pub operator’s chair, Simon Townsend, says the group’s asset disposal programme has been ‘absolutely essential to provide a solid base from which to restore profitable growth’
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NewsFlight Club passes billion-dart milestone
The competitive socialising brand says growth momentum continues following the launch of its latest site, in Reading, and strong FY25 financial results
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News‘No easy route to recovery’ for hospitality as insolvencies remain high
Analysis of government figures by Buchler Phillips shows the sector remains near the top of the insolvency table with ‘experiential’ or themed chains and cocktail bars the most vulnerable formats
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NewsHospitality sees ‘some of the largest falls’ in payroll numbers as UK unemployment rises
UKHospitality has said rising unemployment and fewer job opportunities in the sector are the results of ’endless cost increases’
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NewsActivist hedge fund calls for sale of Whitbread
Corvex Management has written to Whitbread’s board and shareholders demanding a ‘rigorous and comprehensive’ sale process be launched for the business
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Analysis & InsightPizzaExpress looks to prove new QSR concept
The casual dining juggernaut has entered the quick-service market with a small-scale high-tech restaurant in London’s Brixton that could provide the blueprint for a new expansion strategy
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NewsMarston’s activist investor attacks ‘lazy’ bosses as shares slump
Bradley Radoff, who owns about 3% of the pub group, says it should sell sites to pay down its £860m debt as shareholders are starved of returns, The Sunday Times reports
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NewsStarbucks to take $400m charge as it cuts more corporate staff
Sales have rebounded for the coffee chain but renovations and barista hires under the turnaround plan have come at a cost, the Financial Times repots
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NewsRobinsons surpasses £100m turnover
The Stockport-based brewer and pubco has also reported a 40% increase in EBITDA in its latest financial results with total beer sales outperforming the market by 1.5%
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NewsSpaghetti House ceases trading following collapse of parent company
The London-based Italian restaurant group, which has had a presence in the capital since 1955, has closed all sites with owner Lavval Restaurants Limited set to be wound down
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NewsDiscounting helps lure diners as consumers prioritise value
Data from RSM UK’s Consumer Outlook shows more than 50% of Gen X and nearly half of all consumers would be encouraged to visit a hospitality venue by discounting incentives