Loungers Archives - Foodservice Equipment Journal

Loungers listing puts market cap at £185m based on placing price

Best Articles by Andrew Seymour on 24th April 2019

Loungers has announced its initial public offering on the AIM by way of a conditional placing, putting the market capitalisation and enterprise value of the company on admission at £185m and £212m respectively. The chain,

BREAKING NEWS: Loungers announces plans for stock exchange float

Best Articles by Andrew Seymour on 1st April 2019

Restaurant chain Loungers this morning announced its intention to list on the AIM as a publicly-traded company. The move follows

Loungers refuses to put a ceiling on restaurant opening targets

Restaurants by Andrew Seymour on 28th February 2019

Chain is currently opening a new restaurant every two weeks and is already in locations that big multiples such as JD Wetherspoon and Costa aren't, reveals chairman

Loungers chief Alex Reilley agrees to talk casual dining at top trade event

Exhibitions by carlyhacon on 12th February 2019

Chairman of 120-strong restaurant chain to discuss the hospitality business’ expansion plans alongside newer concepts such as Hubbox

Loungers budgets for 25 new restaurant projects

Operators Restaurants by Alex Douglas on 10th January 2019

140-strong restaurant group confident it can expand while maintaining strict discipline around site economics and returns

Loungers relocates a store for the first time as it pounces on vacant Prezzo premises

Uncategorized by Andrew Seymour on 18th October 2018

Loungers is relocating one of its most popular restaurants to a larger site formerly occupied by troubled asual dining chain Prezzo. The Ocho Lounge in Penarth, near Cardiff, has traded from its Windsor Road address

POWER LIST 2018, CHAIN CHAMPIONS: Antony Bennett, Head of Food, Loungers

Chain Champions Power List 2018 by Andrew Seymour on 13th October 2018

Fast-growing restaurant and bar chain Loungers credits a more system and process-based approach to menu development for ensuring its kitchens

PANEL DISCUSSION: Menu innovation challenges for multi-site operators

Best Articles In Depth by Andrew Seymour on 30th April 2018

Menu innovation panel at Casual Dining Show 2018 2

Keeping menus innovative and profitable is an ongoing challenge for pub and restaurant operators. At the recent Casual Dining Show

Loungers adapts kitchen operations to keep pace with rapid expansion

Best Articles by Andrew Seymour on 23rd March 2018

Fast-growing restaurant and bar chain Loungers credits a more system and process-based approach to menu development for ensuring its kitchens

Loungers turnover swells 34% to £92m as new projects keep coming

Best Articles by Andrew Seymour on 27th November 2017

Bar group Loungers is continuing to open new stores at a rate of knots after adding more than £20m to

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