Business & Legislation

Pret A Manger reaches initial agreement with Fox Group and Yarzin Sella Group to open in Israel

Pret reaches initial agreement to open in Israel

By James McAllister

Pret A Manger is continuing to step up its international expansion plans having reached an initial agreement with Fox Group and Yarzin Sella Group to introduce the brand in Israel.

Pret rows back on vegetarian Veggie Pret brand with four stores closing and others converted to regular Pret

Pret rows back on Veggie Pret brand

By James McAllister

Pret A Manger is jettisoning the bulk of its Veggie Pret estate with four sites having closed and at least one more converted to a regular Pret store.

Steakhouse restaurant chain Hawksmoor sees strong sales momentum return

Hawksmoor sees strong sales momentum return

By Georgi Gyton

Hawksmoor has seen strong post-pandemic sales momentum continue into its current financial year, with underlying EBITDA expected to return to pre-Covid levels in FY22.

Virtual shooting competitive socialising concept Clays secures investment from Imbiba to expand

Clays secures investment from Imbiba

By James McAllister

Virtual shooting competitive socialising concept Clays has secured investment from Imbiba to help support its growth plans, which includes the launch of three new sites next year.

BrewDog relinquishes B Corp status

BrewDog relinquishes B Corp status

By Restaurant

Scottish brewer and bar owner BrewDog has given up its status as a B Corp less than two years after gaining the accreditation.

Pub, bar and restaurant operator ETM Group has received £11m in funding from ThinCats

ETM Group secures £11m of funding

By Restaurant

Pub, bar and restaurant operator ETM Group has received more than £11m in funding from alternative lender ThinCats to help it grow.

Côte Restaurant Group progresses with growth plans

Côte progresses with growth plans

By Shwetali Sapte

Côte Restaurant Group has reported progress on its growth plans, with an estate-wide refurbishment program underway and the opening of two additional restaurants in Solihull and Henley.

Ping Pong sold in pre-pack administration

Ping Pong sold in pre-pack administration

By Georgi Gyton

Ping Pong has been sold to AJT Dimsum Limited in a pre-pack administration, with all six restaurants and staff to transferred to the new owner.

AMT Coffee acquired from administration by SSP

AMT Coffee acquired from administration by SSP

By James McAllister

Travel hub-focused coffee chain AMT Coffee has been acquired from administration by SSP, with 18 sites to close with immediate effect and around 100 employees made redundant.

Middle Eastern-inspired restaurant group Maray shutters Liverpool Allerton Road site

Maray shutters Allerton Road restaurant

By James McAllister

Liverpool-based restaurant group Maray has permanently closed its restaurant on Allerton Road in order to focus its resources on the rest of its estate.

Industry unites to ‘outline severity’ of its recruitment crisis

Industry unites to ‘outline severity’ of its recruitment crisis

By Joe Lutrario

Industry bodies have written to the Secretary of State for Work and Pensions outlining the severity of the recruitment crisis, urging him to publicly support the steps being taken to address it and to implement policies to alleviate recruitment pressures.