All Prezzo articles

  • Prezzo
    News

    Prezzo to close 22 sites as future secured with Cain subsidiary

    2021-02-10T14:10:00Z

    Prezzo has been acquired by investment firm Cain International in a pre-pack administration, with 22 sites to close permanently.

  • Deal of the Year Header Graphic AlixPartners
  • Karen Jones
    News

    Karen Jones appointed hospitality representative on new Business Council

    2021-01-19T08:25:00Z

    Karen Jones, current chair at Prezzo, Mowgli and Hawksmoor, has been appointed to represent hospitality on the Government’s new Build Back Better Council.

  • Prezzo
    News

    Prezzo acquired by Cain International

    2020-12-02T13:57:00Z

    Private equity firm Cain International has acquired Prezzo from previous owners TPG as a going concern.

  • TCS-CGI-Restaurant-Bar
    News

    Karen Jones: Why is it so important that hospitality wholeheartedly supports NHS Test and Trace?

    2020-08-28T06:55:00Z

    So it’s a Bank Holiday weekend, pay day for many and the last EOTHO on Bank Holiday Monday. Many of our restaurants and pubs across the UK will be very busy and it seems an opportune moment to remind ourselves of the vital importance of all our places fully supporting NHS Test and Trace. Why is it so important that hospitality wholeheartedly supports NHS Test and Trace? Because hospitality offers safe spaces for people to enjoy being with friends and family. Because we are often at the centre of our communities and high streets. We have a real responsibility to keep our customers, our teams and our communities safe and well. NHS Test and Trace is a powerful way to do just that: collecting and providing the information to help break the chain of transmission and control the virus.

  • GettyImages-1169593492
    News

    Operators self-fund Eat Out extension

    2020-08-27T07:15:00Z

    Several operators are extending the Eat Out to Help Out discount into September, funding the cost themselves.

  • Prezzo Beckenham
    News

    Karen Jones calls on industry to support track and trace

    2020-08-24T07:11:00Z

    Karen Jones has called on the hospitality industry to “wholeheartedly support” the NHS Test and Trace initiative. Jones said hospitality has a “real responsibility to keep our customers, our teams and our communities safe and well. NHS Test and Trace is a powerful way to do just that, collecting and providing the information to help break the chain of transmission and control the virus. “It takes minutes. It helps to save lives and stop further lockdowns. It shows our people and our customers that we are professional, proactive and caring.” She also told MCA it was vital the government could see hospitality supporting it, saying: “Government will see us as an industry worth supporting because we in turn wholeheartedly support government initiatives.”

  • The Real Greek
    News

    Fulham Shore chairman David Page: ‘Crises create opportunities’

    2020-08-19T07:07:00Z

    The outlook for many in casual dining may appear bleak, but as in any crisis, there will be plenty of opportunities for its survivors, Fulham Shore chairman David Page has said. Speaking at MCA’s The Conversation, Page turned to his own experience as an industry veteran to reassure operators that with the right concept and the right team, the post-coronavirus fallout could be beneficial to them in the long-term.

  • GettyImages-1191892676
    Opinion

    Dominic Walsh: On not-so-Super Saturday and the pain that’s yet to come

    2020-07-10T07:40:00Z

    If anyone thought that July 4 would bring down the curtain on the 15-week coronavirus purdah, they were soon disabused of the notion. Super Saturday was – like the weather – something of a damp squib. While some of the big pub companies opened as many as 80% to 85% of their estates on day one, research by CGA suggests that only 45% of hostelries opened their doors on Independence Day.

  • Prezzo
    News

    Prezzo details phased reopening

    2020-07-03T07:24:00Z

    Prezzo has confirmed details of its phased reopening plan, with eight restaurants to open tomorrow, with a further 27 following throughout July.

  • Prezzo Crawley interior
    News

    Prezzo announces phased reopening plans

    2020-06-29T07:29:00Z

    Prezzo will have 20 of its restaurants reopened by the end of next week, with eight due to open on 4 July.

  • Bella Italia
    News

    CDG in restructuring talks

    2020-05-18T13:57:00Z

    Causal Dining Group is in talks with advisory firm Alixpartners about a financial restructuring to secure the business through the coronavirus crisis.

  • Carluccio's Maida Vale
    News

    Boparan poised to take over Carluccio’s

    2020-05-18T11:32:00Z

    Boparan Restaurant Group is poised to buy Carluccio’s out of administration, Sky News reports.

  • Prezzo
    News

    Prezzo appoints advisors

    2020-05-04T10:04:00Z

    Prezzo is the latest casual dining name to appoint in advisors to consider its post-coronavirus funding options.

  • Prezzo Crawley interior
    News

    Prezzo offers staff ‘income streaming’

    2020-04-27T07:29:00Z

    Prezzo has teamed up with Wagestream so its 3,000 employees can access their furlough pay early. Wagestream offers workers early access to their accrued pay when they need it, allowing them to withdraw a percentage of their earned wages for a flat £1.75 fee. Prezzo said offering staff the income streaming service would help them cope with additional pressures bought on by the coronavirus.

  • Jonathan Downey
    News

    Downey’s nine-month rent free proposal backed by industry leaders

    2020-04-21T07:40:00Z

    Jonathan Downey’s nine-month rent time out proposal will be put to Government this week, backed by a number of industry leaders.

  • Dishoom
    News

    Dishoom says “Goodbye, for now”

    2020-03-19T16:44:00Z

    Dishoom has become the latest operator to close its restaurants amid the continuing COVID-19 outbreak.

  • Prezzo
    News

    Yo!, Prezzo and Byron among latest casual dining closures

    2020-03-19T12:13:00Z

    Yo!, Prezzo and Byron are some of the latest casual dining operators to temporarily close their doors.

  • GettyImages-510629908
    Analysis & Insight

    ​Steve Gotham: Turning up the heat and other NPD delights

    2020-03-05T07:28:00Z

    New product development (NPD) is rightly recognised as a lifeblood for the eating out industry, and MCA’s Menu Tracker offers insights into the latest menu trends and influences across 150 leading operators. This review only serve as a taster, but the three courses have each been accompanied with three key summary insights.    

  • Cafe Rouge Interior
    News

    All’s fair in love and restaurants – how did the operators line up to fight for the Valentine’s share of wallet?

    2020-02-18T07:54:00Z

    If French is the language of love, then presumably a French restaurant should be where I head with my true love on Valentine’s Day. Certainly, the leading French chains are using several seduction techniques to secure my custom – and for good reason. February is a slow trading month and an event where consumers might be more inclined to loosen the purse strings for fear of having their heart strings damaged, is well worth aiming to capitalise upon. So who offered what on the big day?