All Deals articles – Page 9
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InterviewsKokoro: ‘We have strengthened our competitiveness’
Director Chris Lee tells MCA the QSR chain has responded to increasing competitiveness by expanding its Korean offering as it prepares to accelerate expansion
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NewsF1 Arcade announces Jonathan Peters as CEO
The appointment comes as the competitive socialising concept looks to accelerate growth both in the UK and internationally through openings and new concepts
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Weekend PressByron burger chain snapped up by Gen Z investor
Akshat Tibrewala, founder of Niyamo Capital, buys business that thrived in casual dining boom but then collapsed twice and shed most of its UK sites, The Sunday Times reports
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Analysis & InsightStonegate’s Platinum portfolio: real estate investors on ‘high alert’
With the UK’s biggest pub company looking at options for a 1,000-strong collection of pubs to pay down debts of over £3bn, Simon Brooke explores the potential outcomes and profiles of buyers
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NewsSugarloaf sounds out investors for TGI Fridays UK
Just a month on from acquiring the UK arm, TGI’s global brand manager has brought in financial advisory firm Interpath to explore strategic options for the 49-strong casual dining chain
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NewsUpham achieves like-for-like growth of 7.5%
The south of England pub operator says all but one of its sites was in positive sales growth in its latest financial results, which saw revenue rise to £19.8m
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OpinionDid Andrew Rennie talk himself out of a job?
The Domino’s Pizza Group CEO abruptly departed after overseeing a period of challenged trading and sliding share price, the failure to acquire a second brand, and a regrettable interview where he appeared to suggest there was little growth left in the pizza market
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NewsRedCat sells L&T division to Admiral Taverns
Following the deal, RedCat Hospitality will focus on its managed business and pubs-with-rooms model, where it see “strong and sustained customer demand”
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NewsMW Eat plots international expansion as it’s acquired by Fairfax Financial
The London-based operator behind Indian fine dining restaurants Chutney Mary and Veeraswamy and the more informal Masala Zone brand says the acquisition marks a ‘major step’ in its long-term growth strategy
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Analysis & InsightAlixPartners: ‘UK F&B market proving more resilient than the US’
While F&B is feeling the effect of consumer cutbacks, the impact is milder in the UK than the US, according to Graeme Smith, MD of the financial advisory firm
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Weekend PressSt John’s founders are stepping back. What comes next for the trailblazing nose-to-tail restaurant?
Fergus Henderson and Trevor Gulliver are retiring from day-to-day operations at their legendary London restaurant St John after 31 years, the FT reports
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NewsLeon to bring Roast Rewards coffee subscription to an end
The move comes as the healthy fast-food group, which was recently reacquired by co-founder John Vincent, says it will be letting go of processes that make daily operations more difficult
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OpinionDownbeat assessment of a government ‘that’s throttling us’
Describing the restaurant trade as simply “not great fun” right now, senior leaders spoke of a deterioration in trade which in some dayparts bordered on “catastrophic”
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NewsJohn Vincent plans major menu and culture overhaul at Leon
The returning co-founder said the healthy food-to-go brand had “lost its leadership on food” while under the ownership of EG Group and Asda
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NewsKokoro targeting 100 new UK sites in five years
The Korean-Japanese QSR chain says it is investing significant capital into its expansion plans and is actively seeking franchise partners across the UK
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NewsThe Coconut Tree acquired for about £305,000 in pre-pack sale
The Sri Lankan restaurant group was acquired last week by a connected company led by two of its founders having fallen into administration after previously defaulting on its CVA payments
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NewsDubai burger slinger GOAT makes London debut
The trendy UAE-based brand has chosen Knightsbridge for its first international location with a promise to ‘raise the bar’ of London’s burger market
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InterviewsDes Gunewardena: ‘There’s definitely space for a 300-cover restaurant in London’
The D3 Collective founder says his new Olympia venture will combine elements of London’s German Gymnasium and Guastavino’s in New York
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NewsVagabond launches direct to consumer platform
The bar group, which is backed by wine retailer Majestic, says the new platform will ‘bring its signature self-pour discovery experience into homes across the UK’
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NewsUrban Baristas partners with Walia Capital founder
The Aussie-inspired speciality coffee chain has signed a multi-site development deal with Aary Walia, founder of Walia Capital and Anytime Fitness franchisee, with a new site secured on Bermondsey Street.