All Bella Italia articles – Page 12
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Analysis & InsightSolving the pricing conundrum
Consumers may feel constrained by the fact that wages still haven’t overtaken inflation but, as Simon Stenning executive director at Allegra Foodservice reveals, that shouldn’t prevent operators from tweeking menu pricing to maximise spend
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NewsFive Guys eyes leisure park expansion route
Five Guys, the popular US burger chain, has said that the group’s upcoming opening at Cambridge Leisure Park marks the next phase of its expansion in the UK
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NewsBella Italia reports gelato cart success
Bella Italia, the Tragus-owned brand, has reported success with initial trading at its gelato cart, with customers buying 100 litres of the ice cream in the first week since its introduction at the Reading site
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News
Hungry Horse and Wildwood confirmed for Telford development
Greene King’s Hungry Horse and Wildwood Restaurants have been confirmed as the latest tenants for new units of a development in Telford called Southwater Telford
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NewsBrand watch: Bella Italia
M&C Report talks to Nick White, managing director of Tragus’ Bella Italia brand, at the latest Bella to receive investment at Reading’s Oracle centre.
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NewsBella Italia to rollout Gelato Carts
Tragus, the Apollo Global Management-backed group, is to rollout “Gelato Carts” into all of its c90-strong Bella Italia restaurants as part of the new look for the brand
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News
Pub and restaurant freeholds sold at auction
Several freehold properties let to major pub and restaurant operators were sold at an Allsops auction on Tuesday
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NewsTragus gets landlord support for CVA
Tragus has received support from 85-90% of landlords and creditors in regards to a Company Voluntary Agreement (CVA), which will see the company shed up to 40 sites from its Café Rouge and Bella Italia estate.
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Diary
Diary: Tragus, Spirit, Domino's, Stonegate
This week’s Diary includes BrewDog’s dogged expansion, Barber giving more fundraising details, Domino’s going voice-activated, and where next for the Strada estate? Single site scramble While the futures of Café Rouge and Bella Italia will become clearer on Friday, the next stage in the life span of Strada ...
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NewsTragus sets CVA deadline
Tragus landlords and creditors have been given a deadline of 20 June to vote on CVA proposals for the company
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NewsTragus to undergo restructuring
Tragus is to undergo a financial restructuring, which will include the launch of company voluntary arrangements (CVAs) for Café Rouge and Bella Italia, and the sale of Strada, to ensure a long-term sustainable future for the business
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NewsTragus brings in new team for Strada
Tragus has appointed a new management team to realise the potential of its Strada brand, a process that could eventually lead to it exploring options for the chain
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NewsApollo acquires Tragus, Derkach to step down as CEO
John Derkach is to step down as chief executive of Tragus after Apollo Global Management, which already held the majority of the group’s debt, acquired the business from Blackstone. Steve Richards has been appointed as the c300-strong group’s new chief executive
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News
Salt reduction pledge attracts 50 dining out operators
Around 50 pub and restaurant operators have now signed up to the Department of Health’s pledge to reduce salt in the food they serve to help diners achieve a reduction of 1g per person per day compared to the amount eaten in 2007
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NewsStrada launches breakfast offer
Strada, the Tragus-owned group, has followed sister brand Bella Italia, in launching a breakfast offer, which sees the brand’s c65 sites start to serve breakfast from 8am
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News
Hospitality careers programme secures 3,500 jobs
A programme designed to help jobseekers into work across the hospitality industry has succeeded in finding jobs for more than 3,500 people and saving more than £17.5m of public money
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NewsFY lfls drop 1.6% at Tragus
Tragus, the Café Rouge, Bella Italia and Strada operator, saw like-for-like sale decline by 1.6% in the year to 2 June 2013
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Analysis & InsightAccess all areas
As a debate rages on the meaning of informality in the fine-dining sector, operators further down the cheque-range are looking at ways to grow volumes through making their offers more informal and subsequently more accessible. At the same time, the UK’s managed pub sector has started the year in fine fettle, but what does this mean for one its main players Orchid and backer Deutsche Bank, which is currently reviewing its options for the business
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NewsSubstantial sales uplifts from Bella refurbs
Bella Italia has experienced “significant sales uplifts” from the 10 refurbs it has so far completed across its existing estate and said it planned to open eight to 12 new sites in its next financial year
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NewsTragus to undergo debt restructure
Tragus, the Café Rouge, Bella Italia and Strada operator, is understood to be preparing to undergo a debt-for-equity swap under a proposed restructuring of its estimated £240m debt, according to The Times