Cadogan and Jean-Louis Costes have announced a partnership which will see the marrying of their strengths in Chelsea at ‘One Sloane Gardens’, a unique partnership combining the quintessentially British style of the Cadogan Estate with Paris’s most talked-about hotelier. Jean-Louis Costes will conceive and develop the boutique hotel project’s brand, character and ‘soul’, to … [Read more...]
iNTERTAIN proposes plans for secure long-term future
iNTERTAIN Limited, the owner and operator of 32 bars trading principally under the Walkabout brand, has announced plans to optimise its financial and operational structures, ensuring a long-term sustainable future for the business. Key highlights: iNTERTAIN’s stakeholders have agreed a financial restructuring to strengthen the balance sheet and reduce the debt burden … [Read more...]
New Star Pubs & Bars lessees get latest Android till systems
Star Pubs & Bars is providing new lessees with state-of-the art Android till systems which will give them, as well as their accountants and stocktakers, access to a Cloud based system that enables them to generate and pull down all financial reports when and where they want. Provision of this technology will also ease cash flow and enable them to keep track of their … [Read more...]
Network Rail stations achieve Record Christmas trade
Christmas retail trading (29 November to 27 December 2014) at Network Rail’s 18 managed stations was the busiest on record, growing 15.8% with like-for-like sales growing by 10.7% - according to figures just released by the rail operator. This contrasts sharply with the BRC-Nielsen Shop Price Index which recorded growth of only 2.6% for the 5-week period. Shopping and … [Read more...]
Chestnut Inns buys Ounce House in Bury St Edmunds
Chestnut Inns, established by former banker and corporate financier Philip Turner, has acquired Ounce House in Northgate Street, Bury St Edmunds. Chestnut Inns completed on the property - its third investment - on 23 January 2015 just three months after opening its second venture, The Rupert Brooke in Grantchester, Cambridge. The Bury St Edmunds acquisition brings the … [Read more...]