Loungers

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Loungers upgrades financial expectations following post-Christmas bounce-back

26 April 2022 by

Loungers, the operator of 164 Lounge café bars and 31 Cosy Club restaurant bars, has said it expects profitability for the financial year to be slightly ahead of market expectations in light of the group’s strong performance post-Christmas.

News

Loungers reports strong sales but recruitment ‘remains tough’

01 December 2021 by

Loungers, operator of 153 Lounge café-bars and 31 Cosy Cub restaurant-bars across England and Wales, has reported revenue growth of 91.4% to £102.4m in its financial results for the 24 weeks ended 3 October 2021.

Loungers looks to restart roll-out, saying Covid-19 has ‘strengthened our belief’ in scalability News

Loungers looks to restart roll-out, saying Covid-19 has ‘strengthened our belief’ in scalability

16 September 2020 by

Like-for-like sales increases of 30% in the last 10 weeks have seen Loungers look to reignite[...]

Consumer confidence slides following 'rule of six' restriction News

Consumer confidence slides following 'rule of six' restriction

11 September 2020 by

The new restriction banning gatherings of more than six people from Monday has left nearly a[...]

Loungers reports like-for-like sales down just 1.7% News

Loungers reports like-for-like sales down just 1.7%

05 August 2020 by

Loungers has said like-for-like sales across its 165-site estate have been just 1.7% down since it[...]

'Encouraging' reception sees Loungers accelerate opening programme but two sites remain shuttered News

'Encouraging' reception sees Loungers accelerate opening programme but two sites remain shuttered

16 July 2020 by

Loungers has accelerated its reopening programme after being “encouraged” by the early response, although it has[...]

Loungers 'optimistic' about July reopening with smaller menus and revised layouts News

Loungers 'optimistic' about July reopening with smaller menus and revised layouts

04 June 2020

Loungers has said it is “optimistic” about a July reopening and in a “strong position” with regards to the future, anticipating it can benefit from increases in home-working across the UK.

Loungers raises £8.3m through share placing News

Loungers raises £8.3m through share placing

23 April 2020

Loungers, which operates 167 Lounge and Cosy Club sites, has raised approximately £8.3m through a share placing yesterday.

Loungers latest to look to share placing as it commits to resuming roll-out post-closure News

Loungers latest to look to share placing as it commits to resuming roll-out post-closure

22 April 2020 by

Loungers, the operator of 167 Lounge and Cosy Club sites, is the latest hospitality business to[...]

Speakers confirmed for Casual Dining 2020 Products

Speakers confirmed for Casual Dining 2020

19 February 2020 by

The Casual Dining show has confirmed its biggest opening list of speakers to date, with chief[...]

Loungers sees potential to triple estate to 500 sites News

Loungers sees potential to triple estate to 500 sites

04 December 2019 by

Loungers bosses believe there is the potential to triple its UK estate to 500 sites.

Casual Dining reveals features and big names for 2020 News

Casual Dining reveals features and big names for 2020

29 November 2019 by

James Spragg, CEO of the Casual Dining Group, Steve Holmes, CEO of Azzurri Group and David[...]

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

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