All Domino's articles – Page 36
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News
BBPA: end of tie will hasten pub closures
The British Beer & Pub Association (BBPA) has warned that losing the beer tie will lead to more brewery and pub closures. The trade body has sent a briefing to all MPs ahead of the Fair Pint Lobby Day saying that abolishing the tie will result in higher fixed rents ...
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News
Five operators sign up to FSA healthy eating initiative
Five more high street restaurant and takeaway chains yesterday signed up to the Food Standard Agency’s healthy eating commitment.PizzaExpress, Pizza Hut, The Restaurant Group, the operator of Frankie & Benny’s, Chiquito and Garfunkel’s, and Café Rouge operator Tragus along with Domino’s Pizza pledged to help customers enjoy a healthier, balanced ...
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News
Richest people lose £155bn in wealth
The annual list of the UK’s richest 1000 people, published in the Sunday Times, has seen many of the wealthiest lose significant parts of their fortunes. Collectively the 1,000 multi-millionaires in the 2009 list are worth £258.27bn, down £155bn on last year. The pub and brewing industry’s richest person was ...
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News
Martin sells shares to repay loan
JD Wetherspoon chairman Tim Martin has sold £1.5m worth of shares to repay a bank loan following a positively-received trading update.Martin sold 500,000 shares at 309.5p each and will use the collateral to pay off a loan from RBS.RBS will return 3.6 million of Martin’s shares that it was holding ...
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News
Numis: Barracuda festive LFLs down 4.5%
A research note from one of the sector’s leading analysts suggests that like-for-like sales at Barracuda Group were down 4.5% over the Christmas trading period.Douglas Jack, of Numis Securities, said the 225-strong managed pub group had seen the comparable sales decline in a five-week period between 29 November and 3 ...
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News
Interest rate cut to benefit less leveraged groups
The 1.5% cut in interest rates to 3% is positive for the licensed retail sector, but the only companies that will really benefit are the less leveraged groups, according to Numis Securities.In a note released this morning, the analyst said that companies such as Domino’s Pizza, Luminar, The Restaurant Group ...