As part of its expanding Multi-Channel business, House of Fraser the UK and Ireland’s premium department store group has is partnering with Caffè Nero. The partnership will see the opening of a new Multi-Channel shopping concept in Cambridge (opening 16 October 2014) in an existing Caffè Nero on Fitzroy Street. The innovative concept is the first of its kind, combining online … [Read more...]
Eclectic reports firm foundations for further progress
Eclectic Bar Group has reported its Maiden Results for the 52 weeks to 29 June 2014, with Reuben Harley, Chief Executive Officer commenting: I am pleased to report results in line with our expectations. The Group is developing well and has a firm foundation and an appropriate capital structure following the IPO last year from which to build. We will continue to acquire sites … [Read more...]
TGI Fridays to sell UK restaurants
The Wall Street Journal has confirmed that TGI Fridays Inc. plans to leave the business of running restaurants in the USA, as well as to sell its UK restaurants. TGI Fridays is owned by private-equity firms, and executives told the Wall Street Journal that it plans to sell most of its 247 restaurants in the USA to franchisees, also selling all 63 of its company-owned … [Read more...]
ASAP to roll out QA programme
The Association of Serviced Apartment Providers (ASAP), the trade association for the Serviced Apartment industry, has unveiled plans to promote its Quality Assessment (QA) programme beyond members and direct to customers. James Foice, managing director, said the decision was taken after a highly successful initial accreditation phase among ASAP’s members, “98% will have … [Read more...]
CH&Co posts another year of record growth
Leading independent catering group CH&Co is once again ahead of plan in announcing an 18% rise in turnover to £111 million for the year ended 31 March 2014 - comfortably surpassing its forecast last year that it would break the £100m ceiling for the first time. Six differentiated brands This growth has come from the continued development of six differentiated brands … [Read more...]