All articles by Hannah Currie – Page 5
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News
NTIA: ‘The real work begins now’
Michael Kill, CEO of the Night Time Industries Association has welcomed a new Labour government, urging immediate action to recover the sector ”from years of neglect”
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News
Cineworld considers closing a quarter of estate
The cinema operator is set to close as many as 25 sites and negotiate rent reductions at another 50, as it draws up plans for a restructuring deal
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News
Slug & Lettuce increases profitability after loss in 2023
The Stonegate-owned bar brand revealed a pre-tax loss of £3.1m, but has since delivered a rise in revenue as it looks to build momentum during a summer of sport
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News
Pizza Union continues search for central London sites
The business reported improved sales trends and a return to profit in 2023, and is currently negotiating on a few new pizza bars
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News
Ken Lever joins Marston’s as non-exec
Lever was previously non-executive chair of Biffa and RPS Group, and succeeds William Rucker as independent non-executive at the pub company
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Interviews
Shrimp Shack focuses on cosmopolitan cities
Co-founder Raf Adam describes the concept as “a seafood version of Nando’s”, with its next two sites set for Birmingham’s Broad Street, and StarCity retail park
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Interviews
Loungers: ‘We exist to bring people together’
Group MD Justin Carter discussed his “huge pride” at the business’ contribution to revitalising high streets, Loungers’ broad consumer appeal, and what’s in store for the ‘pub of the future’, at MCA’s Pub Conference
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News
Dez Amore opens first standalone restaurant
The Italian street food concept which has operated across several market-led destinations such as Camden, Mercato Mayfair, and Boxpark, launches a 1,178 sq ft flagship space on Fulham Road
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News
Campaign for Pubs publishes demands for incoming government
The Manifesto for Pubs asks for an energy cap for businesses, an overhaul of the business rates system, and other key policy changes to support publicans and brewers
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News
Hawksmoor explores potential sale
As the steak restaurant group looks to grow internationally, investment bank Stephens has been hired to run a sales process and is speaking to potential buyers in a deal that could value the business at £100m
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News
Greene King invests £23m in new depot
The pub company and brewer has signed a 15-year long lease on a food and drink depot in Middleton, in partnership with logistics company GXO
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Interviews
Seoul Bird: ‘We fully embrace the challenges of growing’
Founder Judy Joo tells MCA she is actively seeking new sites in London, alongside the USA, Middle East and continental Europe
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Events
Elevating the pub experience through sports
TNT Sports and TOCA Social discussed how the integration of sports viewing and activities can drive benefits at MCA’s Pub Conference
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News
Punch Pubs looks to grow operator-managed estate
CEO Clive Chesser discussed the evolving landscape of pub partnerships at MCA’s Pub Conference, highlighting the benefits of delivering a centralised offer in an entrepreneurial, localised format
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News
Admiral Taverns: ‘It’s fantastic to be in the right place, at the right time’
CEO Chris Jowsey is pleased to see community, wet-led businesses in the ascendancy, and reports more applications to run a pub than ever before, noticing a younger, and more female profile amongst Proper Pub applicants
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News
Openings of the week
MCA rounds up this week’s biggest openings stories, featuring Wingstop, Slim Chickens, Market Halls and Burger Drop
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Event News
Heartwood Collection aims for £100m+ turnover by 2026
Speaking at MCA’s Pub Conference, CEO Richard Ferrier previewed the company’s latest pipeline as it looks towards 10 new openings per year and plans to reach 400+ rooms in the next two
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Analysis & Insight
Experience-led businesses contribute £134bn to UK economy
Businesses that have made changes to provide more memorable consumer experiences report a 15% average increase in revenue
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News
Business leaders back Labour plans to overhaul Apprenticeship Levy
Signatories include the chief executives of hospitality groups such as Fuller’s, Stonegate, Revolution Bars, KFC and UKHospitality
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Analysis & Insight
F1 Arcade raising £100m to fund expansion
The Formula One driving simulator business is said to be close to finalising the new debt facility with Liberty Media, OakNorth bank, and investment fund Cheyne