Leicester
Coverage highlights foodservice and hospitality activity in this key Midlands city, including new restaurant and pub openings, independent operator moves, investment updates, local supply chain developments, and regional consumer trends. Reporting offers insight into how the area’s dining and drinking landscape is evolving, with relevance for operators, landlords, and stakeholders tracking growth beyond major metropolitan hubs.
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May- 2024 -22 MayNews
Today’s news in brief – 22/05/24
M&A in the country’s F&B sector hit its highest deal volume since 2016, according to a report by Oghma Partners. For the first four months of 2024, there has been an increase by 30.3% in the volume of deals (43 transactions) compared to the same period in the prior year.…
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22 MayRestaurants
P.F. Chang’s unveils Leicester Square refurb
Pan-Asian restaurant P.F. Chang’s has unveiled the £450,000 refurbishment of its Leicester Square venue. The venue has been designed by Zebra Projects, a global architecture practice headquartered in London. Spanning 4,500 sq ft, with capacity for 134 guests, P.F. Chang’s London features vibrant murals in red and gold, each representing…
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Apr- 2024 -26 AprilPeople
IoH appoints Martin Traynor OBE as director
The Institute of Hospitality (IoH) has appointed Martin Traynor OBE FIH, the retiring small business crown representative at the UK government’s cabinet office, to its board of trustees as a non-executive director. The appointment comes as a direct result of feedback from His Majesty’s Most Honourable Privy Council that the…
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16 AprilNews
Today’s news in brief – 16/04/24
Hostmore will be acquiring TGI Fridays’ US brand for £177m. The proposed transaction would result in existing Hostmore shareholders holding a 36% stake in the enlarged business upon completion, with TGI Fridays’ shareholdings having a 64% stake. Once the acquisition is finalised, the group is expected to be renamed ‘TGI…
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16 AprilFood and Drink
Shake Shack to open in Notting Hill
Shake Shack has announced that it is set to open a new site in Notting Hill in London, its 17th UK opening. Set over two floors, the new site will boast a prime location in front of Notting Hill Gate station exit. This follows the reopening of its flagship store…
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Feb- 2024 -20 FebruaryBusiness
Nightcap acquires The Piano Works for £200k
Nightcap has announced the acquisition of The Piano Works, the live entertainment concept currently operating at Nightcap’s Barrio Covent Garden venue and in Farringdon, London, for £200k. The Piano Works acquisition was completed following a pre-pack administration process by TDC Concepts Limited (TDCC). The Piano Works, which was launched in…
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Jan- 2024 -11 JanuaryNews
Today’s news in brief – 11/01/24
Arc Inspirations has reported record sales for December 2023, as like-for-like sales increased by 19.9% compared with the same period last year. The news comes as like-for-like sales at BOX rose by 30%, 24% at Manahatta and 10% at Banyan, while recent openings in Nottingham, Sheffield and Birmingham all significantly…
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11 JanuaryFood and Drink
Shake Shack set to refurb Leicester Square site
Fast food restaurant Shake Shack has announced that it is set to reopen its venue in Leicester Square, London following a refurbishment. The site closed its doors on 8th January and will reopen later in the month after the revamp. The company stated that the new venue will transform into…
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Nov- 2023 -30 NovemberNews
Today’s news in brief – 30/11/23
Mitchells and Butlers reported a drop in operating profits to £98m for the year ended 30 September due to weaker property valuations and increased costs, including higher wages. Sales, however, rose to £2.5bn, marking a 9.1% like-for-like growth. The group noted a 7.2% rise in like-for-like sales at the start…
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30 NovemberRestaurants
Pizza Punks appoints FRP to assist with 2024 expansion plans
Pizza Punks has appointed FRP Corporate Finance to assist the chain in raising capital, as it looks to speed up its expansion plans during 2024. The firm’s appointment comes as the pizza chain has spent the past six months consolidating after opening four new restaurants last year in Leicester, Nottingham,…
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