Marston’s preliminary results for 52 weeks ended 4 October 2014 show that it continues to pursue its stated strategy, opening 27 new build pub-restaurants, and selling 388 smaller wet-led pubs. Commenting on the results, Ralph Findlay, Chief Executive, said: “This year we have made good progress in transforming the quality of our pub estate through the continuation of our … [Read more...]
SSP: profits up, prospects good
SSP Group, the leading operator of food and beverage outlets in travel locations worldwide, announced its financial results for the year ended 30 September 2014 showing profit up 20.8%, strong performances, and good opportunities going forward. Highlights • Operating profit up 20.8% in constant currency; up 12.3% to £88.5m at actual exchange rates • Revenue of … [Read more...]
Stephen Fry is Pub Pal of the Year!
Actor, writer and presenter Stephen Fry has been named the first ever Celebrity Pub Pal of the Year for 2014. He received the accolade after 2,000 people were asked, ‘Which British celebrity would you most like to have a drink down the pub with?’ Stephen Fry was the most popular suggestion, beating David Beckham and X Factor favourite Cheryl Cole to the top post. The … [Read more...]
NRA to discuss what’s cooking in America’s kitchen at GRIF
The structural business dynamics of the North American restaurant industry are changing dramatically. In an era of diverse consumer preferences, increasing complexities in global supply chains and more regulatory restrictions, restaurant operators across a variety of brands are struggling to stay current. Phil Kafarakis, Chief Innovation & Member Advancement Officer at … [Read more...]
Westmorland acquires Cairn Lodge on A74 in Scotland
The Westmorland Family, which runs Tebay Services, Rheged and Gloucester Services, has acquired the Cairn Lodge motorway service area in Scotland, which serves both sides of the A74(M), 35 miles south of Glasgow. This follows the £40 million development of Gloucester Services on the M5. Gloucester Services Northbound opened in May this year and the Southbound Services will … [Read more...]