News
Ticket Registration opens for Takeaway & Restaurant Innovation Expo
Ticket Registration opens for Takeaway & Restaurant Innovation Expo
Registration has now opened for the UK’s biggest event for the Food-to-go industry, Takeaway & Restaurant Innovation Expo 2016 is opening its doors to the country’s leading QSRs, takeaway, restaurant, bar and café owners. Attracting over 6,000 visitors looking for innovation and expertise on how to boost profits, build a brand, grow business, keep up with the latest developments and find the most up-to-date innovation. It takes place at London’s ExCeL on the 27th & 28th September 2016 and tickets are free if you book in advance on the website www.takeawayexpo.co.uk.
McDonald's halts sales of Big Macs in Venezuela
According to a story by CNN Money, the fast food chain has been forced to suspend sales of Big Macs in Venezuela because it can't source one of the burger's key components.
Vital Ingredient launches new stores
The brand opened two new stores on Gresham Street and Middlesex Street, and gave away vouchers for free salads and discounts to people in the area.
Starbucks reports Q3 financial and operating results
The coffee chain reported financial results for its 13-week fiscal third quarter and 39-week fiscal year to date ended June 26, 2016.
Wahaca to launch Soft Taco Kits and Mexican street food ingredients range at Tesco
The brand will launch a new food product range, developed by Wahaca co-founder and MasterChef winner Thomasina Miers and her team, in partnership with All About Food.
Deliveroo teams up with Majestic Wines, BrewDog to deliver alcohol
The on-demand food delivery service announced it will be partnering with Majestic Wines, BrewDog and top independent merchants and wine merchants across the country.
Gourmet Burger Kitchen opens new restaurant at Flemingate
The burger chain recently launched a brand new 3,756 sq ft restaurant at Flemingate, as part of the 162,561 sq ft retail and leisure development in Beverley.
HospitalityGEM partners with Trail app
HospitalityGEM, the guest experience management firm announced its partnership with operations management app Trail, to add guest experience reporting to a range of data feeds that help General Managers to keep on top of their operation.
Busaba to give away trip to Bangkok
The Thai restaurant group is hosting a competition to win the trip of a lifetime to Bangkok, Thailand.
Just Eat announces sale of acquired businesses to iFood
The digital marketplace for takeaway food delivery completed the sale of hellofood Brazil to IF-JE, its Brazil joint venture, as previously contemplated. JUST EAT has also sold to IF-JE a 49% stake in its enlarged Mexico business, formed of SinDelantal, acquired in February 2015, and hellofood Mexico, acquired in February 2016. JUST EAT will retain a 51% stake in the enlarged Mexico business, or 65.7% on a look-through basis. The transfer of hellofood Brazil reinforces the existing strong position of IF-JE in the Brazilian online takeaway delivery market. In Mexico, creating a joint venture under local IF-JE management leverages Latin American know-how and scale to establish the business as the market-leader across the two most important markets for online takeaway in the region. David Buttress, CEO of JUST EAT, said: “The iFood joint venture in Brazil has been a huge success for JUST EAT and has enjoyed impressive growth since it launched in 2014, thanks to its intimate understanding of local markets and strong track record of executing against its strategy." “These transactions with iFood will create additional volume and scale that will generate significant benefits in these markets. They will provide the perfect platform for iFood to expand further in the largest and most exciting markets in Latin America, creating real value for JUST EAT and its shareholders.” The total net cash consideration received by JUST EAT for the transactions is approximately US$11 million. In addition, JUST EAT will receive benefit of services provided by local IF-JE management in Mexico.
Harry Ramsden opens in Blackpool Landmark
A "next generation" Harry Ramsden restaurant launched at the Blackpool Tower, introducing the brand’s new look to the people of Blackpool.
Wallet Circle offers free mobile loyalty cards to retailers, restaurants
Mobile start-up Wallet Circle announced that it is now allowing both large and small retail businesses to join its loyalty app for free.
Costa sees sales bump following launch of Pokémon GO
Following the launch of the Pokémon GO, a mobile game that allows users to catch virtual monsters through augmented reality, the coffee shop chain reported a 30% increase in footfall across its stores.
SSP Group reports 4.8% increase in revenues
The operator of food and beverage outlets announced its trading update for the third quarter of its financial year ending 30 September 2016, covering the period from 1 April 2016 to 30 June 2016.
€3.5m investment planned for Gourmet Burger Kitchen Ireland
According to a story by FFT.ie, GBK announced that its five Irish outlets have been acquired by Gourmet Burger Kitchen Restaurants Ltd, with a €3.5m investment programme underway.
Wagamama like-for-like sales in the UK jumps 13.1%; eyes New York expansion
According to a story by The Times, the brand has acquired two new leases in New York, following its franchise deals in France, Spain, Portugal and Italy.
Byron secures £12 million funding to support growth
The premium hamburger chain announced that it has secured a new £12 million banking facility funded jointly by Santander and Royal Bank of Scotland's Corporate Transactions team until 2021.