All Itsu articles – Page 3
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News
Hot property: Big Table, Popeyes and Itsu join Restaurant Conference panel
The special panel will examine the opportunity for well-capitalised businesses looking to grow.
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News
Itsu to raise hourly wages by 11%
Itsu, the 72-site Asian food chain created by Julian Metcalfe, has announced that from tomorrow, September 17, it is increasing the hourly wage for entry-level team members by 11% to a minimum of £10.40 an hour.
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News
Itsu appoints CCO
Itsu has appointed digital transformation expert Neil Miller as its new chief customer officer (CCO).
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News
Itsu confirms significant Bridgepoint deal
Itsu has confirmed that it has signed a significant deal with international asset group Bridgepoint, which see it acquire “a meaningful minority stake” in the Asian-inspired food brand, enabling it to add a further 100 outlets to its estate over the next five years.
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News
Bridgepoint set to take significant stake in Itsu
Bridgepoint is poised to take a significant stake in Itsu, in a deal which would value the business at £100m, Sky News has reported.
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Interviews
Itsu: ‘We now have both eyes outside London’
Itsu’s chief executive Ganan Kanagathurai is relatively mild-mannered compared to the gregarious, outsized personality of the group’s founder, Julian Metcalfe, which might explain why his promotion more than a year ago slipped under the radar.
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News
Itsu: ‘We have the potential to add another 150 UK sites’
Itsu is to open its first franchise UK franchise site later this year, as well as its first in Europe, as the business looks to expand its footprint in this country and internationally, chief executive Ganan Kanagathurai has told MCA.
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Interviews
Itsu: ‘Increasing our hot food sales is a key focus’
The pandemic has accelerated Itsu’s move to make hot food a more prominent part of its offer, chief executive, Ganan Kanagathurai has told MCA.
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Events
Food to Go Conference - View Now
MCA’s annual Food to Go Conference streamed online on Tuesday 23rd March 2021, a must-see event for senior operators, suppliers, investors and other sector stakeholders.
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News
Pret rejects Metcalfe lockdown comments amid uproar
Itsu CEO Julian Metcalfe has caused outrage after saying society will not recover another lockdown in order to save “a few thousand lives of very old or vulnerable people”.
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News
Julian Metcalfe lambasts PM’s ‘exaggerated nonsense’
Itsu CEO Julian Metcalfe has savaged Prime Minister Boris Johnson for “spouting Churchillian nonsense” and called a new six-month call to work from home “criminal”.
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Analysis & Insight
Snapshot: Itsu ‘store of the future’ in pictures
Itsu, the Asian-inspired, healthy fast-food brand, has unveiled its new ‘Store of the Future’ concept, which uses robot technology.
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News
Itsu to reopen train station stores
Itsu is set to reopen a selection of its travel hub sites this week, following calls from the Prime Minister that people should return to work if they can.
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News
Itsu hopes to cut rents on 53 sites in CVA
Itsu plans to close two and cut rents on 53 of its sites by means of a company voluntary arrangement.
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Analysis & Insight
Analysis: Clinging to life in the ghost town
London, you may have heard, is a ghost town. In the latest round of borderline dystopian statistics to surface as a result of the pandemic, just 7,000 of the 120,000 workers based in Canary Wharf are back at their desks. And although office workers across the capital may be thrilled to be without the twice daily commuter Hunger Games, for those in hospitality, a few stifling minutes on the Central line is a non-issue if the alternative is unemployment. In the last month alone, city-based to-go brands including Wasabi, Tossed, Pret and most recently Itsu have appointed advisors to assess their options, but whilst, historically, the mention of advisors might ring alarm bells, faced with the current economic climate, it could be time to shed the stigma.
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News
Itsu explores restructure
Itsu has become the latest high street name to appoint advisors to explore a potential restructure.
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News
Deliveroo and restaurant CEOs warn of grave damage ahead
Deliveroo has teamed up with a host of restaurant CEOs including Itsu Founder and CEO Julian Metcalfe, Pret CEO Pano Christou, Wagamama CEO Emma Woods, and Neil Manhas, GM of Pizza Hut, to urge the government to provide an increased level of support for the industry. It has sent a letter to the PM, signed by 90 CEOs representing over 1,000 restaurants, to call for action over issues including cutting VAT on restaurant food and extending the JRS for restaurants while social distancing measures remain in place.
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News
Downey: Prepare for long period of closure
The idea that operators will be able to reopen their businesses in the near future has been dismissed as a “confusion of optimism”, MCA’s The Conversation has heard.
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News
Deliveroo NHS campaign raises £1.5m
A Deliveroo campaign to feed NHS staff has raised more than £1.5m, which will go towards its pledge to provide 500,000 free meals.
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News
Deliveroo, Leon, Yard Sale Pizza and Pizza Punks lead the way on NHS fundraisers
Over the weekend, operators including Deliveroo, Leon Yard Sale Pizza and Pizza Punks launched fundraising campaigns to support NHS staff and frontline workers.