Restaurants News – Page 117
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Analysts corner: Peel Hunt on TRG
Leading analysts Douglas Jack and Ivor Jones, of Peel Hunt, have given their views on the recent update from The Restaurant Group, saying the return to like-for-like sales (lfls) growth and the expansion of the pub estate are encouraging signs but that further downgrades are likely.
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New guidance documents on tronc system published
A new practical guidance document for operators on how a tronc should be operated has been published.
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Busaba launches Katsu Kitchen delivery brand
Busaba Eathai, the Thai restaurant group, has launched a Japanese-inspired virtual brand, Katsu Kitchen, via Deliveroo.
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The London Jukebox to launch restaurant and venue
Former Lehman Brothers director Raxa Mehta is launching a music venue and restaurant in Islington, MCA understands.
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The Vurger Co raises £600k for second site
The Vurger Co has raised an additional £600k from investors in order to open a second site, according to MCA’s sister title Big Hospitality.
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Hickory’s reveals Gresty Green opening
Hickory’s Smokehouse has secured a site in the village of Gresty Green.
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Blazing Bird 'could become standalone restaurant'
Blazing Bird, the virtual restaurant brand from Las Iguanas, could become a physical restaurant at some point, MCA has learnt.
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Pizza Pilgrims confirm next two openings
Pizza Pilgrims have confirmed their next two new openings, with a City site, next to Tower 42, to open on 1 October, and another in London Bridge Arches, due to open in early November.
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B&W warning after Marco's Leeds closure
Black and White Hospitality chief executive Nick Taplin has warned of a tough market and economic uncertainties, after closing the Leeds site of Marco’s New York Italian.
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New fusion brand for EatsMeatsWest
The team behind meatshack concept CockaDoodleMoo are launching a Chinese fusion brand WowYauChow in Altrincham.
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Jamie Oliver restaurants 'simply ran out of cash'
Jamie Oliver has told how his restaurant group “simply ran out of cash” after senior management were faced with the “perfect storm” of cost pressures, the Financial Times reports.
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Thai Leisure Group closes Nottingham Thaikhun
Thai Leisure Group has closed its Thaikhun restaurant in the Intu Victoria Centre in Nottingham.
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Humphrys to launch coffee shop, bar and restaurant in Chorley
Lesley Humphrys, formerly of Weston Castle, and now of Toastie Taverns, is launching a coffee shop, bar and restaurant in Chorley.
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Gamma Gamma takes Bo Drake site
Japanese-Indian fusion concept Gamma Gamma has taken on the former Bo Drake site at 6 Greek Street, Soho.
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Crop shortfall could mean 15% rise in eating out
Weather-related food shortages could force restaurants to raise prices by 15%, wholesaler Vernon Mascarenhas has warned.
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Dishoom confirms details of Manchester opening
Dishoom, the Bombay-style café concept, has confirmed it will be making its long-awaited Manchester debut this winter.
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Richoux to launch £1.1m share subscription
Richoux, the Jonathan Kaye-led company, has said it intends to raise approximately £1.1m by way of a share subscription.
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Thai Leisure Group to open new concept in Liverpool One
Thai Leisure Group is to open a new concept called Thaikhun Street Bar at the Liverpool One shopping and leisure complex in October.
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M Restaurants acquires Newfoundland site in Canary Wharf
M Restaurants is to open its fourth site, in Canary Wharf, after acquiring a unit in new development Newfoundland.
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Erpingham House takes on Big Fernand site
Erpingham House, the Norwich-based vegan café and restaurant concept, has taken on the former Big Fernand site in Percy Street, Fitzrovia, for its debut in London, MCA understands.