Boston Tea Party, the Bristol based café chain, reports 100% growth in group EBITDA to just shy of £1m for the year ending 22 October 2014. Strong LFL sales growth of 11.5% for the year is driven by both increased transaction values and increases in footfall. The 4 recent new openings not yet included in like-for-like figures take the estate total number to 15 and drive … [Read more...]
STR Global and EHL partner to create LHRC
STR Global, the leading provider of hotel data, and Ecole hôtelière de Lausanne (EHL), the world leader in hospitality management, have partnered to launch the Lausanne Hospitality Research Center (LHRC), a research platform which aims to offer innovative and relevant applied research for the industry. Bridging the gap between industry and academia The mission of the … [Read more...]
Pint Shop seeks £2million investment for growth
Pint Shop, the award-winning Cambridge-based concept specialising in British meat and beer, is seeking £2million investment from leading hospitality figures as it looks to expand to a second site in London. £600k raised in a day Richard Holmes and Benny Peverelli, co-owners of Pint Shop, originally approached their existing investors, raising over £600,000 in just one … [Read more...]
Micromarket 24 provides solution to work place catering
24, the first micromarket of its kind to be introduced to the UK foodservice industry, has experienced huge success last year having grown rapidly in the 12 months since launch. Eurest, part of Compass Group UK and Ireland, launched the innovative self-service 24/7 foodservice solution early in 2014 and business is now booming with five sites already open and another 18 in the … [Read more...]
The NEW Restaurant Business Plan – From pop-up, to street cart and restaurant
TV chef and entrepreneur John Quilter AKA The Food Busker will demonstrate at the Global Restaurant Investment Forum (GRIF) how digital media has become the most exciting and cost effective way to test your concept. To publicize, market, launch and attract investment for your new business; bringing together the two worlds of new media and restaurants John will show you why you … [Read more...]