A total of 165m visits were made to pubs, bars and clubs over the festive period - an increase of 15m from the previous year - with total food and drink sales up 2% on the 2013 period
Terra Firma, the private equity firm led by Guy Hands, is to place its Odeon and UCI cinemas chain on the market, with an asking price of c£1bn
Fatburger is set to become the latest US burger operator to launch in the UK, with the brand in advanced talks on a site in London’s Camden Town
Peter Borg-Neal, chief executive of Oakman Inns, has told M&C Report he is seeking a third site for the Beech House concept and that if it continues to succeed in multiple sites the company could be remodelled around the brand.
Bowland Village Inns, the Steven Greenhalf-led pub operator, has completed a restructure and rebrand of its business – splitting into Signature Fayre and Fayre Table.
ABInBev, the Stella Artois and Budweiser brewer, has reported “a very strong year” in the UK, with volumes of its own-brand products up 1.5%% in FY14 and 2.1% in the last quarter.
ASK Italian, the Bridgepoint-backed Italian restaurant, is to focus its expansion plans on city centres where it is “unrepresented”, according to CEO Stephen Holmes speaking at the Casual Dining show
Pub rent as a percentage of projected turnover reached its highest level for almost two years in the last quarter of 2014, but saw a slight drop overall compared to 2013, according to the Royal Institute of Chartered Surveyors Pub Benchmarking Survey.
Street food operators The Rib Man and Big Apple Hot Dogs are set to be amongst the street food operators to launch units at London’s Euston Station
Eating out is a real social experience. It’s about being with people, whether they are family, friends or colleagues - you visit a restaurant or pub to be with people you actually want or need to spend time with. The best experience delivers so much more than food. Hopefully, the food is the highpoint of the experience
Rotisseries are the future of the pub sector, according to Michelin-starred chef Tom Kerridge; while leading analyst Simon French suggests larger pub companies could emerge fuelled by the market rent-only option (MRO)
Simon Cope, global marketing and property director at Wagamama, talks to Mark Wingett about how the group has looked back to the brand’s conception to launch its evolved format and again made “the kitchen the hero”
Greg Madigan, head of Subway UK & Ireland, talks expansion, healthy options, store evolution and hospitals with Mark Wingett.
Over the last two years Revolution Bars and chief executive Mark McQuater have helped each other restore their reputations. From a failed sales process, the company has dusted itself down and under McQuater impressively re-invented itself leading to a re-engaged consumer and an uplift in sales
Why I read M&C Report
"An invaluable source of information for the hospitality industry"
Simon Wilkinson, CEO, La Tasca