Restaurants News – Page 106
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MEATliquor debut site to close
MEATliquor is offering a £20,000 finders fee to anyone who finds a nearby replacement to its debut restaurant in Marylebone’s Welbeck Street.
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PD Devco secures RBS funding for new venue
PB Devco, the Aberdeen multisite operator, is opening new bar and steakhouse concept Vovem, following a six-figure finance package from RBS.
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Boost from delivery helps Tortilla LFLs rise 6% YTD
Tortilla has seen like-for-like sales (lfls) increase by c6% across it estate in the year to date, and has plans to take further advantage of the trend for delivery, including its own dark kitchen concept, MCA has learnt.
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Management team steps down from Coal
The interim managing director and finance director have both stepped down from Coal Grill & Bar, which was acquired earlier this year by Sunshine Capital, MCA understands.
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Mowgli trialling brunch offering
Mowgli is currently trialling its ‘If Indians did Full English’ brunch offering.
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TAO Group eyes London opening
TAO Group, US-based hospitality group, is understood to be in talks to open its first site in the UK, in London, MCA has learnt.
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Liverpool hotelier backs Byrne’s Manchester House takeover
Aiden Byrne has confirmed that he is returning to lead Manchester House, which was put into administration by Living Ventures last month.
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Leading TRG shareholder against Wagamama deal
One of The Restaurant Group’s (TRG) biggest shareholders has come out in opposition to the company’s proposed £559m acquisition of Wagamama.
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Roosters Piri Piri looking to hit century of sites by 2021
Roosters Piri Piri is aiming to reach the 100-site mark by 2021, predominately through expansion in the UK, but also in overseas territories, MCA has learnt.
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Wimpy could open corporate stores to achieve expansion goals
Wimpy general manager Chris Woolfenden has told MCA the brand could open corporate sites in its bid to expand.
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Toby Carvery launches online takeaway service
Toby Carvery has launched a ‘click and collect’ service, across its estate, called Toby Takeaway.
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Various Eateries secures additional debt as it eyes further growth
Various Eateries Limited (VEL) has said the difficult decision to close a number of its underperforming Strada sites has left it on a “strong financial footing”, with which to invest and grow its remaining estate.
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Four Hundred Rabbits secures third site
Craft beer and pizza concept Four Hundred Rabbits has secured its third site, in West Norwood.
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Richoux to sell three sites
Richoux has found buyers for its eponymous restaurant in Piccadilly, along with its Friendly Phil’s Braintree and Richoux Gloucester Road restaurants.
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Eagle Eye expands into QSR with Burger King contract
Eagle Eye, the digital loyalty company, has signed a three-year deal with the Bridgepoint-backed Burger King UK – its first quick service restaurant (QSR) customer.
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Investors wade in to support TRG strategy
The Restaurant Group has received backing for its bid to acquire Wagamama from top 5 investor Jo Hambro.
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Bon Pan team secures debut Naked Noodle site
The team behind Bon Pan Asian, which currently operates two large buffet restaurants at Intu Potteries in Stoke and at Clayton Square Liverpool, is about to open the first of a new restaurant format which will be called Naked Noodle in Liverpool city centre.
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Cojean builds pipeline
Cojean, the Parisian healthy fast food concept, has launched its third site in London, with another two due to open early in 2019.
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TRG investors savage Wagamama bid
The Restaurant Group’s bid to acquire Wagamama has come under fresh pressure after two investors said the deal would destroy shareholder value.
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Pizza Hut Restaurants launches first home delivery offer
Pizza Hut Restaurants has started offering home delivery for the first time, MCA understands.