Where to go: The city’s top attractions, according to visitphilly.com March 10, 2014 FRANKLIN SQUARE Franklin Square, one of Philadelphia’s five original public squares laid out by William Penn in his original plan for the city, has undergone a dramatic renovation. The park now boasts several family-friendly attractions, including a miniature golf course, classic carousel, burger joint, picnic area and the famous storytelling bench, where you can hear [...]
What the other papers say this morning – 1 August 2013 July 31, 2013 FINANCIAL TIMES Spotify burns through cash Spotify, the Swedish digital music service that has been valued at $3bn, doubled its revenues in 2012 but burnt through cash as it attempted to grab a bigger share of the fast-growing market. The company’s results show that its sales surged from €190.4m in 2011 to €434.7m in 2012, [...]
Little Chef gobbled up by Kuwaiti restaurant giant August 4, 2013 LITTLE Chef, the iconic UK restaurant chain famed for fuelling hungry motorists, has been sold to the Kuwaiti owners of high street bakery Maison Blanc. The classic roadside diner, a fixture of Britain’s A-roads for more than half a century, has been taken over by Kuwaiti-listed Kout Food Group (KFG) following a three month sale [...]
Capco’s Covent Garden scheme wins approval December 11, 2013 CAPITAL & Counties (Capco) was given the go-ahead by Westminster Council yesterday to build a leisure and residential scheme connecting two of Covent Garden’s busiest shopping areas. The developer wants to transform the space between King Street and Floral Street within its £1.1bn Covent Garden estate, creating a new public courtyard overlooked by eight shops, [...]
Morrisons is among the winners of the ongoing saga February 26, 2013 BRAND INDEX IKEA now joins the long list of brands to get hit by the horsemeat scandal. We won’t have numbers until later today but judging from what happened to Tesco, the Swedish group may well have a problem. The first time I wrote on this subject back in January, I said it might turn [...]
Buffett Dines on Heinz for $28bn February 14, 2013 US BILLIONAIRE investor Warren Buffet and 3G Capital have swooped in to buy Heinz in a $28bn (£18bn) deal that marks one of the food industry’s largest ever acquisitions. Buffett’s investment firm Berkshire Hathaway and the Brazilian-backed private equity firm will pay $72.50 per share for the baked beans and ketchup maker, a 20 per [...]
Kings of Leon: Meet fast food entrepreneurs Henry Dimbleby and John Vincent June 8, 2014 Annabel Palmer talks fast food in heaven with Leon founders Henry Dimbleby and John Vincent BRITAIN’S foodies have never had it so good. Barely a week goes by without a new fad emerging to whet their sweetbreads (most recently, the rise of American-inspired dipping and Korean cuisine); BBC One’s Masterchef becomes ever more delectable as [...]
Buffett’s taste for beans gives deal outlook a shot in the arm February 14, 2013 IF confirmation were needed that mega-deals are back on the agenda, then the Sage of Omaha certainly provided it yesterday. Buffett’s $28bn move for Heinz is the biggest deal this year in an already booming market, with the value of transactions in the last week alone – including Liberty Global’s bid for Virgin Media and [...]
Burger King plans to go public again April 4, 2012 Hamburger chain Burger King said it plans go public through a deal with a London-listed investment firm, less than two years after it agreed to be taken private by private equity group 3G Capital Management. The quick sale highlights a profit improvement at Burger King’ Worldwide Holdings Inc, which operates more than 12,000 mainly franchise [...]
Burger King plans to go public again April 4, 2012 Hamburger chain Burger King said it plans go public through a deal with a London-listed investment firm, less than two years after it agreed to be taken private by private equity group 3G Capital Management. The quick sale highlights a profit improvement at Burger King’ Worldwide Holdings Inc, which operates more than 12,000 mainly franchise [...]