All Carluccio’s articles
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OpinionDominic Walsh: Casual dining one of ‘big losers’ of pandemic
It used to be so simple. Come up with a restaurant concept and a brand, open one restaurant, then a second, then aim for five outlets then ten and 20, and if it’s still working, press the button on a nationwide rollout. Well, something like that, anyway.
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More than 22,000 restaurant jobs lost so far this year
The number of restaurant sector job losses so far this year are nearly double those lost in the whole of 2019, according to the Centre for Retail Research.
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Fulham Shore raises £2.25m in share placing
Fulham Shore has raised £2.25m in a share placing that was oversubscribed.
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Boparan removes £10 cap on Eat Out to Help Out offer
Boparan Restaurant Group has announced it will be extending the Eat Out to Help Out offer, removing the £10 limit on half price discounts across all of its restaurant brands.
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JUNE 2020
On 23 March the coronavirus hit hospitality so hard it shut down completely. Since then the industry has rallied to fight back, lobbying the government, reopening where it can and planning for the future. This special edition of MCA looks back at some of the key moments, records what was being said by influential figures about what was happening at the time and interviews some of the biggest names in the business. It also features opinion from Peter Martin and Dominic Walsh, plus analysis of the Boparan/Carluccio’s deal and the situation at The Restaurant Group.
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Bandura joins Gusto Italian
Former Carluccio’s and Gaucho chief financial officer Frank Bandura has joined Gusto Italian as interim CFO.
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Boparan paid £3.4m for Carluccio’s
Trading at Carluccio’s had recovered before coronavirus struck, but the dramatic sales decline that accompanied lockdown left it unable to continue, an administrators report shows.
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Boparan confirms Carluccio’s acquisition
Boparan Restaurant Group has finalised its acquisition of Carluccio’s.
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Boparan poised to take over Carluccio’s
Boparan Restaurant Group is poised to buy Carluccio’s out of administration, Sky News reports.
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Prezzo appoints advisors
Prezzo is the latest casual dining name to appoint in advisors to consider its post-coronavirus funding options.
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Editor’s Opinion: Hang tight and plan your return
The coronavirus continues to wreak havoc. It’s claimed hundreds of thousands of lives around the world and numbers continue to rise. As dreadful as that is, the long term socio-economic impact is more disturbing. The virus has created a level of disruption to health, society, and the economy that’s never happened before, outside of wartime. And while there is plenty of speculation on how life in general may get back to normal post-lockdown, with vaguely optimistic or pessimistic dates floating around, there is no clarity on how or when this might end.
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Timeline: How the coronavirus crisis unfolded
Here are just some of the twists and turns over the last few weeks. If you want to read all the MCA coverage of the coronavirus crisis click here.
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Administrator weighs up bids for Carluccio’s
Parts of Carluccio’s estate and assets have received interest from Tesco, Boparan Restaurant Group, and Byron owner Three Hills Capital.
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Honest, Creams and The Antonio Carluccio Foundation launch support schemes
Honest Burgers and Creams are the latest operators to launch NHS and community support initiatives in response to the coronavirus pandemic, whilst industry charity The Antonio Carluccio Foundation has extended its funding.
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Antonio Carluccio Foundation offers grants of £500,000 to businesses affected by coronavirus
The Antonio Carluccio Foundation will make grants of up to £500,000 this year to support hospitality businesses hit by the coronavirus pandemic, MCA’s sister Magazine Big Hospitality reports.
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KPMG: ‘This will ultimately wipe out the weaker operators’
The hospitality industry is entering a period of relative calm, with attention now turning to medium and longer term challenges, KPMG’s Will Wright has told MCA.
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Carluccio’s enters administration
Carluccio’s has formally entered administration. Geoff Rowley and Phil Reynolds, partners at specialist business advisory firm FRP, have been appointed Joint Administrators of the 71-strong Italian restaurant and deli group. Its Ireland operation and its franchise business in the Middle East are unaffected by the administration.
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Carluccio’s on the verge administration
Carluccio’s is on the verge of administration, it emerged this evening.
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Carluccio’s staff take 50% pay cut
The entire staff of Carluccio’s is facing a pay cut as the company fights to stay afloat amid the coronavirus crisis.
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UKH and Industry CEOs call on Government for immediate support
In a joint letter with UK Hospitality, over 200 CEOs from across the hospitality industry have appealed to the Prime Minister to ’act without delay’ in implementing immediate government support for the sector.
