All Food & Beverage articles – Page 2
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NewsFood brands agree Wembley Park deals amid influx of independent businesses
Quintain has agreed deals with two food brands to take over 10,000 sq ft of space at its Wembley Park scheme in Brent, north-west London.
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NewsPrivate equity giant agrees £506m deal to take over Wagamama owner
The Restaurant Group (TRG), which owns Wagamama, is reportedly being taken over by US private equity giant Apollo in a £506m deal.
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NewsCoffeehouse chain Tim Hortons launches UK franchise model to spur growth
Canadian coffeehouse chain Tim Hortons is launching a new franchise model in the UK to further spur its rapid expansion.
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OnlinePizza Hut’s UK franchise slams crisis claims and plans growth
The boss of Pizza Hut’s major UK franchisee has hit back at claims that its restaurants are under threat of closure, claiming the firm is surging back to profits in 2023 and is ready to reignite expansion plans.
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News‘Material uncertainty’ over future of Pizza Hut’s UK restaurants
Pizza Hut UK’s auditors have fired a warning shot about the future of the 150-store UK restaurant business due to fears over mounting debt.
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NewsM&S pumps £13m of investment into North East as it begins Newcastle store redesign
M&S is set to start work on redesigning and updating its Northumberland Street store in Newcastle this month as part of £13m of investment in its 21 stores across the North East.
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NewsRetail mix changes as leisure and F&B dominate over clothing
Traditional retail city centre and shopping centre mainstays such as clothing and footwear are declining as leisure and food and beverage (F&B) businesses move in, according to data revealed by location specialist CACI’s platform Brand Dimensions.
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NewsLe Pain Quotidien in talks with potential franchise partners after closing most UK stores
Cafe chain Le Pain Quotidien is in talks with potential franchise partners for cities, travel spots, and hotels, after closing nine of its 10 UK outlets and bringing in Kroll to act as administrator for the business.
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OnlineHotel Chocolat plans out-of-town growth despite profit warning
Premium chocolate retailer Hotel Chocolat said it is planning to open five more stores in retail parks by the end of 2023, as part of its ambitions to open 50 new stores over the next three years, despite issuing a profit warning.
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OnlineNuveen to sell Soho Wharf
Global investment manager Nuveen has appointed CBRE to sell Soho Wharf, its mixed use scheme on London’s South Bank.
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NewsShaftesbury reports “strong operational progress” after merger
At a pre-AGM trading update today (14 June), Shaftesbury Capital said the integration of its business and team was “progressing well” following March’s completion of the £3.5bn all-share merger between Capital and Counties Properties (Capco) and Shaftesbury.
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NewsMare Street Market signs second biggest King’s Cross estate deal
King’s Cross in London is set to become home to the second Mare Street Market after striking the estate’s second largest retail deal to date for an 18,000 sq ft retail, dining, co-working and bar concept.
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NewsFranco Manca and The Real Greek plan expansion after sale approved
Shareholders in Fulham Shore, owner of the Franco Manca and The Real Greek casual dining chains, have approved the £93.4m sale of the business by Japanese food conglomerate Toridoll, saying that the deal will better enable the brands to achieve their growth potential.
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NewsAlbert’s Schloss signs Trocadero deal for first London restaurant
The 18,000 sq ft former Rainforest Café Trocadero on London’s Shaftesbury Avenue is to become an alpine cook haus and Bavarian bier palace after Criterion Capital signed Albert’s Schloss on a 25-year lease for its first London restaurant.
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NewsCroydon town centre revival plans to get reboot after URW buys Hammerson out of JV
Multi-billion-pound plans to redevelop the centre of Croydon look set to be reborn following shopping centre giant Unibail-Rodamco-Westfield’s (URW’s) purchase of Hammerson’s 50% stake in the 10ha Croydon Partnership.
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MarketsGlasses appear half full for the pub sector
The industry has faced many challenges but pubs continue to attract buyers.
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OnlineCornish Bakery appoints Four & Co and Central Retail to lead nationwide expansion
Cornish Bakery has appointed Four & Co and Central Retail as its agents for property acquisition as it plans to open at least 15 outlets a year.
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NewsIceland closing six UK stores
Iceland Foods has shut two stores, at Mill Lane, Bromsgrove and Chineham Shopping Centre in Basingstoke, with four more to follow next month.
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OnlineEarls Court regeneration relaunched with revamped masterplan
The developer behind the Earls Court regeneration scheme in west London has unveiled a new masterplan for the 40-acre site that includes the creation of 4,500 homes and a city park.
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OnlineGAIL’s opens Manchester site in northern expansion
Artisan bakery GAIL’s has signed a 10-year lease with DTZ Investors to open its first Manchester outlet, taking 3,847 sq ft at 16-18 King Street, following the launch of its first northern England site in Wilmslow.
