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All articles by Finn Scott-Delany – Page 56
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NewsPrices across foodservice at lowest point for seven months
Prices across the foodservice sector dropped to their lowest point for seven months in November 2019, the latest edition of the Foodservice Price Index from CGA and Prestige reveals.
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NewsPub prices up 4% amid M&A activity
Average pub prices are up 4% year on year after the busiest year of transactions in a decade, according to Christie & Co.
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NewsOakman Inns refinances debt with Cynergy Bank
Oakman Inns & Restaurants has partially refinanced its secured debt on The White Hart in Ampthill, Bedfordshire and The Royal Foresters in Ascot, Berkshire through an £11m loan from Cynergy Bank.
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NewsBoparan swaps Ed’s for Slim’s at Bluewater
Boparan Restaurant Group is opening its seventh Slim Chickens in Bluewater shopping centre in Kent next month.
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NewsGreene King: vegan dishes up 265% yoy
Greene King has reported total sales of vegan dishes were up 265% year-on-year.
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NewsRevolution in ‘healthy discussions’ with landlords over rent renegotiation
Revolution Bar Group is continuing to have “healthy discussions” with landlords as it works to improve the profitability of its property portfolio, CEO Rob Pitcher has told MCA.
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News10 Heddon St curators announce spin-off partnership
A new venture which pairs vacant restaurant venues with emerging chefs, restaurateurs and food and drink concepts is launching this month.
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NewsFreehold pub prices hit record high
The average freehold pub price has grown 32% in the last year to a record £589,262, a Fleurets’ survey reveals.
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NewsBoxpark grows profits by 22%
Boxpark has grown profits by 22% to £1.6m in the year to April 2019, MCA can reveal.
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NewsHonest Burgers secures Covent Garden site
Honest Burgers have further strengthened their London estate with a new site in Covent Garden.
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NewsCity Pub Group counts cost of ‘frustrating’ Christmas
The City Pub Group has lamented a number of “frustrating” factors which dampened its festive trading, including the December general election and industrial action on South East trains.
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NewsImbiba backs Wireless Social with £1m
Imbiba, the specialist leisure investor, has backed hospitality tech business Wireless Social with £1m of funding.
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NewsTRG appoints Chambers as leisure brands CEO
The Restaurant Group has appointed Mark Chambers to the new position of CEO of its leisure brands.
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NewsSandy’s Piano Bar secures London debut in Chelsea
Sandy’s Piano Bar has secured its debut London site in Chelsea.
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NewsRed Engine announces senior appointments
Red Engine, the company behind Flight Club and Electric Shuffle, has expanded its senior leadership with two new appointments.
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NewsBills promotes Berisha, Campbell and Hills depart
Bills Restaurants has announced Baton Berisha, managing director of The Ivy Collection, will take on management of Bills with immediate effect.
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NewsMasala Zone operator grows profits
MW Eat, the Indian restaurant operator, grew total profits by 16% £3.51m, for the full year ending 31 March 2019.
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NewsGiggling Squid nudges into profit
Giggling Squid has moved into the black, reporting total profit after tax of £221,123 for the year ending 31 March 2019.
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NewsGreggs marks ‘exceptional year’ with £7m staff bonus
Greggs is a make a one-off £7m bonus payment to employees in recognition of an “exceptional year”.
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NewsChilango CVA approved
Chilango’s CVA proposals have been approved with the support of the majority of its creditors and shareholders.