News - Posts - Page 5

Gail's Bakery CEO Refutes Sale Speculation

Posted by Emma on 26th Mar 2024 Reading Time:

Tom Molnar, CEO and co-founder of Gail's Bakery, has clarified recent speculations about the company being put up for sale, labelling such rumours as 'inaccurate'. Despite a report from Sky News … read more

Little Caesars Pizza Marks Its London Entry

Posted by Emma on 26th Mar 2024 Reading Time:

The American pizza chain Little Caesars has inaugurated its inaugural London branch in Greenford. Franchisee Rajan Sandhu leads this venture and follows closely after the brand's new outlet in Top … read more

43 Papa Johns Locations to Close in UK Business Revamp

Posted by Emily on 26th Mar 2024 Reading Time:

In a bold move towards optimising its business for future growth, Papa Johns has announced the closure of 43 of its restaurants across the UK. This decision is part of a comprehensive business revi … read more

Whitbread Refocuses: Pubs Out, Premier Inns Up

Posted by Emma on 26th Mar 2024 Reading Time:

Whitbread, owner of Premier Inn hotels, actively seeks to sell or repurpose approximately a third of its Beefeater and Brewers Fayre pubs. This decision emerged after evaluating the company's 400-s … read more

JD Wetherspoon Achieves Record Sales Despite Reduced Pub Count

Posted by Emma on 22nd Mar 2024 Reading Time:

JD Wetherspoon has unveiled impressive half-year results, showcasing a significant sales increase, nearly reaching the £1bn mark. Over the 26 weeks leading up to January 28, 2024, the company witne … read more

Our Conversation with Paul Goodgame on TCG's Acquisition of Toffs of Muswell Hill

Posted by Emma on 21st Mar 2024 Reading Time:

The Chesterford Group (TCG) is thrilled to announce its acquisition of the esteemed Toffs fish and chip restaurant in Muswell Hill, marking a significant expansion. This strategic move took place o … read more

Greggs Successfully Overcomes Technical Glitch, Resuming Normal Operations

Posted by Emily on 21st Mar 2024 Reading Time:

In a swift response to this morning's technical difficulties, Greggs has effectively rectified the issue that necessitated the temporary closure of several of its UK outlets. The disruption, primar … read more

McDonald's Exits Sri Lanka

Posted by Emma on 20th Mar 2024 Reading Time:

In a decisive move, McDonald's has ended its partnership in Sri Lanka, leading to the closure of all 12 outlets within the country, as confirmed by the company's legal representative, Sanath Wijewa … read more

Boosting UK Tourism: The Urgent Need for Increased Funding

Posted by Emily on 18th Mar 2024 Reading Time:

The Tourism Alliance, representing 70 industry bodies, has spotlighted a critical underinvestment in the UK's tourism sector. With only 81p allocated per capita for international marketing, the … read more

Coca-Cola Bottler Demands Action on Recycling Before Election

Posted by Emily on 18th Mar 2024 Reading Time:

Coca-Cola Europacific Partners, the sole licensed bottler for Coca-Cola in Europe, is pressing the UK government to enact a deposit return scheme (DRS) law for single-use drink containers before th … read more

Knoops: Crafting the Future of Hot Chocolate, One Shop at a Time

Posted by Emily on 18th Mar 2024 Reading Time:

William Gordon-Harris, the driving force behind Knoops, a burgeoning hot chocolate brand, harbours grand ambitions. What began as a serendipitous encounter with a small artisan shop in Rye has f … read more

Nespresso Dives Into the UK Coffee Scene with Its Premier Café

Posted by Emma on 18th Mar 2024 Reading Time:

In the bustling coffee market of the UK, dominated by giants like Costa Coffee, Starbucks, and Pret a Manger, Nespresso is making a bold move. The brand, famously endorsed by George Clooney and Dav … read more

New Apprenticeship Funding Boost for Small Businesses

Posted by Emily on 18th Mar 2024 Reading Time:

The UK Government has announced significant reforms to the apprenticeship system to support small businesses and enhance workforce development. As of 1 April, small businesses will benefit from ful … read more

Hospital-Linked Listeria Outbreak Claims Lives, Inquest Finds

Posted by Emily on 18th Mar 2024 Reading Time:

An inquest into the tragic deaths of two patients at Manchester Royal Infirmary reveals a concerning link to chicken mayonnaise sandwiches tainted with listeria. Beverley Sowah, a 57-year-old retir … read more

Record Surge in Pub Insolvencies Marks a Decade-High

Posted by Emily on 18th Mar 2024 Reading Time:

The UK pub industry faced a severe challenge in 2023, witnessing nearly 800 insolvencies, the highest figure in over ten years. Data from Price Bailey, a leading accountancy firm, reveals that 769 … read more

From Sprite to Evian: The Label-Less Revolution in Beverage Packaging

Posted by Emily on 18th Mar 2024 Reading Time:

In a pioneering move towards sustainability, Coca-Cola has embarked on an experiment in the UK by removing labels from Sprite bottles. This trial is not just about reducing packaging waste; it's a … read more

Brighter Days Ahead for Prezzo

Posted by Emily on 18th Mar 2024 Reading Time:

Prezzo's financial landscape is looking up after a pivotal year. In 2023, the restaurant chain achieved profitability, a testament to its extensive restructuring efforts. This turnaround followed a … read more

McDonald's Responds to Consumers Eating at Home

Posted by Emily on 17th Mar 2024 Reading Time:

In the face of economic constraints, McDonald's has observed a trend where more consumers, particularly those with limited income, are opting to dine at home instead of eating out. According to McD … read more

McDonald's Focus Shifts: Size Over Premium

Posted by Emily on 17th Mar 2024 Reading Time:

McDonald's has determined that its customers prefer larger, more fulfilling burgers over premium options. CFO Ian Borden revealed at the UBS Global Consumer and Retail Conference that this approach … read more

McDonald's Points to Third-Party Provider for Global Service Interruption

Posted by Emma on 17th Mar 2024 Reading Time:

McDonald's attributed the technical issues that halted its operations last Friday to a third-party service provider. The worldwide disruption affected order-taking in critical markets, incl … read more

Greggs Announces Generous Staff Bonuses Following a Record-Breaking Profit Year

Posted by Emily on 15th Mar 2024 Reading Time:

In a display of exceptional financial performance, Greggs will distribute £17.6 million in bonuses among its employees, celebrating a remarkable 27% increase in annual profits. This announcement co … read more

Greggs to Boost UK Presence with New Distribution Centre in Northamptonshire

Posted by Emily on 15th Mar 2024 Reading Time:

Greggs has announced its strategy to strengthen its retail network by constructing a new distribution centre in the Kettering/Corby area of Northamptonshire. This initiative is part of a strategic … read more

Turning the Tables: Honest Burgers' Path to Expansion and Profit

Posted by Emily on 15th Mar 2024 Reading Time:

Honest Burgers is set on expanding its footprint following a significant loss reduction for the fiscal year ending 29 January 2023. The brand witnessed a turnover surge of 26% to £48.3 million, … read more

Domino's UK Growth Strategy Amidst First Quarter Challenges

Posted by Emily on 15th Mar 2024 Reading Time:

Domino's Pizza Group, the UK franchisee of the globally recognised pizza chain, has navigated the first quarter of 2024 with strategic foresight despite facing a slower growth pace. The company sig … read more

McDonald's Encounters Global System Disruptions, Affecting Operations in Japan, Australia, and Hong Kong

Posted by Emily on 15th Mar 2024 Reading Time:

McDonald's has experienced significant operational setbacks due to system disruptions that have led to the halting of operations at numerous outlets across Japan. Reports of similar technical chall … read more

Card Surcharge Leads to Fine for Anglesey Chip Shop Owner

Posted by Emily on 15th Mar 2024 Reading Time:

An Anglesey-based chip shop owner has faced legal consequences for imposing an additional fee on customers who pay via bank card. Duran Sasmaz, who runs Aran Fish and Chip Shop in Llangefni, incurr … read more

Deliveroo Achieves £20M Reduction in Compensation Costs

Posted by Emily on 15th Mar 2024 Reading Time:

In a strategic push to enhance service quality, Deliveroo has announced a significant decrease in compensation expenses, amounting to a savings of more than £20 million in the past year. The compan … read more

Fry Magazine Announces the Best UK Fish & Chips of 2024: See the Winners

Posted by Emily on 13th Mar 2024 Reading Time:

Fry Magazine's annual recognition of the UK's premier fish & chip takeaways and restaurants has just announced its 2024 winners. These awards highlight the industry's gold standards in food qua … read more

McDonald's Temporarily Closes for Deep Cleaning Following Unusual Pet Feeding Incident

Posted by Emily on 13th Mar 2024 Reading Time:

In an unexpected turn of events, a McDonald's outlet in East Sussex temporarily shut down after a patron brought live insects into the establishment to feed them to a pet snake. The incident, which … read more

Budget Breakdown: Jeremy Hunt's Latest Financial Blueprint

Posted by Emily on 9th Mar 2024 Reading Time:

Jeremy Hunt announced several measures in his latest Budget in a significant speech that will influence the UK's economic direction. These measures are crucial for individuals and businesses as the … read more

Trade Associations Lobby for Fair Business Rates Adjustment

Posted by Emily on 7th Mar 2024 Reading Time:

Leading trade associations, including UKHospitality and the British Beer and Pub Association, have urgently appealed to the Chancellor to adjust the forthcoming April business rates to reflect curr … read more

2024 Budget Overview: Key Takeaways for the Hospitality Sector

Posted by Emma on 7th Mar 2024 Reading Time:

The hospitality sector expressed disappointment following Chancellor Jeremy Hunt's unveiling of the 2024 Budget. Despite high hopes, the industry's call for a VAT reduction went unheeded. In what i … read more

Gaucho Launches VAT-Free Lunch to Advocate for Hospitality VAT Reduction

Posted by Emily on 6th Mar 2024 Reading Time:

In a strategic move, Gaucho has announced it will offer a VAT-free lunch every Friday throughout March, starting on the 8th. This initiative will be available at all 10 of Gaucho's central London l … read more

Hyatt and IHG Triumph in 2023: Record Profits and Expansion Amid Surging Travel Demand

Posted by Emma on 2nd Mar 2024 Reading Time:

In the competitive hospitality sector, Hyatt and InterContinental Hotels Group (IHG) reported significant growth and expansion in 2023, reflecting a strong demand for travel and a robust performanc … read more

Covid Loan Fraud Leads to Suspended Sentence for Takeaway Owner

Posted by Emily on 2nd Mar 2024 Reading Time:

Zaman Shaa, the former director of Shaa Ventures Ltd., which operated Chutneys Indian Takeaway in Salisbury, faced legal consequences for misappropriating a Covid relief loan. In August 2020, Shaa … read more

Wendy's Clarifies Pricing Strategy Amid Dynamic Pricing Speculation

Posted by Emily on 1st Mar 2024 Reading Time:

Wendy's recently addressed rumours about altering its pricing model to charge more during peak hours. The speculation was sparked by comments from Wendy's CEO, Kirk Tanner, which were widely misint … read more

Papa John's Announces Closure of 50 UK Outlets to Cut Losses

Posted by Emily on 1st Mar 2024 Reading Time:

Papa John's has announced plans to shut down around 50 company-owned restaurants across the UK. This decision is part of a strategic move to address financial losses and enhance operational effi … read more

Spotlight on Excellence: National Fish and Chip Awards Unveil 2024 Winners Full List

Posted by Emma on 1st Mar 2024 Reading Time:

The National Fish and Chip Awards is a hallmark event celebrating the pinnacle of the fish and chip industry. Hosted by comedian Rob Beckett, the ceremony highlighted domestic achievements and ackn … read more

Whiteheads Fish and Chips: Setting the Sustainability Bar High

Posted by Emma on 1st Mar 2024 Reading Time:

Whiteheads Fish and Chips, located in Hornsea, East Yorkshire, has been awarded the prestigious title of the UK's leading fish and chip shop in environmental stewardship at the National Fish and Ch … read more

Rising Star: Jamie Russo Clinches Young Fish Frier 2024 Title

Posted by Emma on 1st Mar 2024 Reading Time:

Jamie Russo of Redcloak Fish Bar in Stonehaven, Scotland, has been awarded the prestigious Drywite Young Fish Frier of the Year 2024. Winning this accolade places him in the esteemed company of pas … read more