All articles by Finn Scott-Delany – Page 57
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Revolution 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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10 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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Freehold 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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Boxpark 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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Honest Burgers secures Covent Garden site
Honest Burgers have further strengthened their London estate with a new site in Covent Garden.
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City 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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Imbiba 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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TRG 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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Sandy’s Piano Bar secures London debut in Chelsea
Sandy’s Piano Bar has secured its debut London site in Chelsea.
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Red 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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Bills 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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Masala 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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Giggling 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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Greggs 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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Chilango CVA approved
Chilango’s CVA proposals have been approved with the support of the majority of its creditors and shareholders.
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Hickory’s receives £13m funding from ThinCats
Hickory’s Smokehouse has received a £13m funding package from alternative lender ThinCats to accelerate its roll out of restaurants.
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Flight Club secures former Burning Night site in Leeds
Flight Club has secured the former Burning Night Group site in Leeds for its next site, MCA understands.
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Barkby completes reverse takeover of Workshop Coffee
The Barkby Group, the premium gastropub operator, has completed the reverse takeover of a group of companies controlled by Charles Dickson, including coffee roaster and wholesaler Workshop.
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How can tech ease the customer journey?
Greggs, Leon and Wagamama are just the latest to join the self-ordering revolution, with the latter’s new grab and go concept Mamago one of the most hotly discussed openings of last year. To share their early exeperiences and more, MCA brought together marketing, IT and digital leaders from across the sector to consider how new technology can help, and sometimes hinder, the customer experience
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Marston’s - sediment dispute case ‘closed’
Marston’s has attempted to draw a line under a dispute with a tenant, insisting the matter was now closed following an investigation by the Pubs Code Adjudicator (PCA).