Restaurants News – Page 104
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Capdesia amongst Wasabi bidders
London-based private equity firm Capdesia, which was founded last year by Christopher Unrath and Niels Lorijn, formerly of US private debt firm CapitalSpring, is one of the remaining bidders to acquire a stake in Wasabi, the sushi and bento chain.
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Honest to open in Brighton
Honest Burgers, the Active Partners-backed chain, has further strengthened its 2019 pipeline, after securing a site in Brighton, MCA has learnt. The 30-strong group has secured the site in the city’s South Lanes, which is currently occupied by the Pascere restaurant. The owners of Pascere announced earlier this week that ...
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Core named OpenTable UK number one
Core by Clare Smyth has been named OpenTable users as the UK’s number one restaurant.
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TRG Concessions triple launch at Norwich Airport
TRG Concessions is launching two new Costa Coffee cafes and a Navigator pub at Norwich Airport.
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Doubts raised over future of Freshii in London
Doubts have been raised about the short-term future of Freshii, the health-focus, fast-casual chain, in London, after the departure of its chief executive and the closure of both its sites in the capital. The company, which operates c300 sites internationally, opened its first site in the capital in January at ...
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McCue increases stake in TRG
Andy McCue, chief executive of The Restaurant Group, has shown his confidence in the company’s acquisition of Wagamama being a positive for the business, after acquiring close to c£50,000 worth of shares in the Frankie & Benny’s operator.
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Hubbox to double up in Plymouth
Hubbox, the Cornwall-based, Richard Boon-led business, is to double its presence in Plymouth.
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Pheby launches first of three virtual brands
Pheby Foods Concepts has launched the first of three new virtual brands, which will be rolled out to 20 Wok & Go sites over the next year, MCA has learnt.
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Honest Burgers scoops R200 Best Restaurant Operator award
Restaurant groups including Nando’s, Mowgli, Honest Burgers and Tortilla were among the winners at Restaurant magazine’s R200 Awards, held last night (3 December) at Hawker House.
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South Coast Inns builds estate to 10
South Coast Inns is to open its 10th site in the January, and has been adding rooms to its existing estate, MCA has learnt.
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Tahir Group acquires another seven KFC sites
Property developer and serial franchisee The Tahir Group has acquired a further seven KFC restaurants in London in a multi-million pound deal.
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Restaurant Sat Bains ranked world's fourth best
Restaurant Sat Bains has been ranked the fourth best in the world in TripAdvisor’s 2018 Travellers’ Choice awards.
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Pho lfls up 5.5%
Pho, the Vietnamese restaurant group led by Stephen and Juliette Wall, saw like-for-like sales increase 5.5% in the eight months to the end of October 2018, on the back of a year when it broke through the £30m-turnover mark, MCA understands. The 27-strong company, which is backed by Livingbridge, saw ...
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Weak pound could attract more Chinese operators to UK
The weak pound could encourage more Chinese restaurant brands to open in the UK, following the example of Din Tai Fung and Haidilao, Fleurets director Richard Thomas has told MCA.
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Big Easy gives staff flexible access to wages
Big Easy is to allow staff to access wages as they earn throughout December.
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Jasper Gorst lines up fourth restaurant
Restauranteur Jasper Gorst is to open his fourth restaurant, in Battersea, in January next year, called The Oak SW11.
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Cope steps down as Byron CEO
Simon Cope has stepped down as chief executive of Byron, the Three Hills Capital Partners-backed burger chain, MCA has learnt.
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PE firms circle Wasabi
A handful of private equity firms are in the running to acquire a stake in Wasabi, the sushi and bento chain.
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Gusto acquires retail unit to extend York site
Gusto Italian has expanded the footprint of its York restaurant, after acquiring a former retail unit next door, and has used the extra space to create a drinking area with a Peroni bar.
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Tamatanga to open third site, at Highcross; plans for more
Indian casual dining restaurant Tamatanga is to open a third site in Leicester’s Highcross shopping centre, and has plans to expand outside the Midlands, MCA has learnt.