Patisserie Holdings, the AIM-list operator of the Patisserie Valerie chain, has this morning reported a 27.2% increase in adjusted EBITDA to£15.3m for 12 months ended 30 September 2014, which it described as a “pivotal year” for the business
Mitchells & Butlers (M&B) has this morning reported a 0.6% increase in like-for-like sales for the 52 weeks to 27 September 2014, while total revenue climbed 4% to £1.97bn
Admiral Taverns, the tenanted pub operator, has reported a 3.8% increase in underlying EBITDA to £21.5m for the year to 31 May 2014
Hugh Osmond, the executive chairman and new owner of Strada, has told M&C Report that there is no limit to what the brand can achieve
KSL Partners, the US private equity owner of Hotel du Vin and Malmaison, is preparing to put the business up for sale two years after its former parent collapsed into administration
The next opening from the ETM Group, the Ealing Park Tavern, will include its own microbrewery
Long-expected rules requiring restaurant chains in the US to publish calorie counts on menus and menu boards were published by the Food and Drug Administration (FDA) yesterday
Plans to give tenants of tied UK pubs the option of just paying a market-rate rent are likely to hit pubcos’ net income in the medium term, according to Fitch
Peter Davies has stepped down as chief operating officer of Harris + Hoole and is set to join Starbucks UK in a similar role
Tiger Bills, the Lifestyle Hospitality Group Thai-grill restaurant is opening its first pub kitchen sites as part of plans to franchise the concept into existing businesses, M&C Report has learnt
The craft beer revolution sweeping the US has inspired a new generation of British brewers. But you don’t have to be a micro brewery to be a true ale innovator, says St Austell’s brewing director Roger Ryman
Breaking the beer tie means less investment, more pub closures and a vicious cycle of decline, not a virtuous circle of growth, argues David Forde, UK managing director of Heineken
The UK’s eating out market is in a state of flux. Everybody wants to be part of it, most want to be fast casual. Every piece of research tells us that consumers increasingly want speed of transaction and instant gratification. Who better to meet that need than your new rival, the local convenience store or should that be c-restaurant?
Having proved itself as the new kid on the recession block, the Koh Group and its Thai tapas concept is ready to come of age. Andy Lennox talks to Ruth Williams
Steve Easterbrook, senior executive vice president, global chief brand officer at McDonald’s, said that the brand’s aim is to be “a true destination of choice consumers around the world”. To achieve that the company is set to drive its four global growth priorities in a more consumer-centric way.
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