By M&C Report team2010-08-19T07:58:00+01:00
The acquisition of Wahaca by the owners of Nando’s gives a much-needed injection of equity to a brand that has experienced more than its fair share of turmoil over its 13 years.
Does anyone remember a time before Nando’s? Arriving on the UK fast-casual scene in 1992, the chicken chain has expanded from a single site in Ealing to nothing short of a national institution. Today, with well over 400 restaurants across the country, you can’t walk five miles without spotting Barcelos cockerel, and the brand is so rooted in youth culture that a British celebrity without a Nando’s black card is barely a celebrity at all. Just over 30 years since the business was founded in Johannesburg in 1987, consumers can now source their peri-peri fix in 35 countries across five different continents. Home to a large proportion of its over 1,200 outlets, the UK branch comprises one of the brand’s largest markets, and it doesn’t look like that’s about to change anytime soon.
Nando’s has entered into an exclusive partnership with Deliveroo, which will see 360 of its restaurants join the delivery platform.
It’s an oft-told observation that coronavirus and the work from home directive has led to empty city centres but thriving suburban neighbourhoods.
Individual Restaurants, including the Piccolino, Restaurant Bar & Grill, Opera Grill and Bank brands, has been acquired by the directors of Iceland supermarket, in a transaction worth more than £40m.
The Government has announced the National Living Wage (NLW) and National Minimum Wage (NMW) rates which will come into force from April 2021.
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