All Operators articles – Page 508
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News
Wahaca to open second site
Wahaca, the Mexican fast-casual concept, is set to open its second restaurant at the beginning of November in the Westfield London development in White City. The 3,000sq ft site, which will be located on the South Terrace of the £1.6bn centre, will have 90 covers inside and 40 covers outside. ...
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Weekend Press
Punch shareholders in M&B mutiny
Mitchells & Butlers has agreed to look at Punch Taverns’ merger proposals under which both companies’ shareholders would hold 50% of the enlarged pubs group. But Punch shareholders have warned they will vote against any deal if it dilutes their stakes. They claim that Punch will hand over £175m in ...
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News
Restaurant's £18,000 wine was 'a fake'
Diners at Zafferano restaurant in London’s Knightsbridge ordered an £18,000 magnum of Petrus 1961 - expecting one of the greatest vintages of one of the world’s greatest wines - and then sent it back declaring it a fake. General manager Enzo Cassini, who had served the Petrus personally, also took ...
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News
Robinson's exits managed pub model
Frederic Robinson, the Stockport-based brewer and pub operator, is to exit the managed house model because of rising costs and a lack of scale. The business, which has around 400 pubs, will transfer its remaining eight managed pubs into its tenanted arm.William Robinson, tied-trade director, said: “You really need at ...
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News
Punch rubbishes R20 property deal talk
Punch Taverns has dismissed suggestions that it might agree a property deal with Robert Tchenguiz’s R20 as the price for securing the entrepreneur’s support for its proposed £11bn merger with Mitchells & Butlers (M&B).Tchenguiz, who has a 23% stake in M&B, had been in negotiations with the group over a ...