Restaurants News – Page 118
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Electra ends formal sales process but talks continue
TGI Fridays UK backer Electra Private Equity has ended its formal sales process but said discussions continue on possible individual portfolio or group sales.
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Darwin & Wallace announces seventh site
Independent neighbourhood bar group Darwin & Wallace has secured its seventh site, in the Dicken’s Yard development in Ealing, and has hinted of more to come in 2019.
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Comptoir confirms four openings with HMSHost
Comptoir Group has four openings lined up with HSMHost International, MCA has learnt.
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Macellaio RC confirms sixth site, eyes one more in London
Macellaio RC founder Roberto Costa plans one more restaurant under his core premium Italian brand in London before will look at regional expansion.
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Giraffe to launch in Spain
Boparan Restaurant Group (BRG) has entered a new franchise partnership with Lagardère Travel Retail to open its Giraffe Restaurant concept in Spanish airports.
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Disaronno and Bella Italia partner for new promotion
Italian liqueur brand, Disaronno, has linked up with Bella Italia for as new promotion Bottles of Disaronno sold in 147 Tesco stores will offer £10,000 worth of vouchers to use at all Bella Italia restaurants. Every bottle purchased will also guarantee that the customer automatically wins a Disaronno cocktail at ...
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Jollibee confirms UK debut
Jollibee, the Philippines fast food group which was last year linked with a takeover of Pret, is to make its UK debut with its eponymous brand, as first reported by MCA in May.
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Fulham Shore sees “encouraging” start to FY
Fulham Shore has said the first 21 weeks of the financial year brought “encouraging” revenue increases at both Franco Manca and The Real Greek.
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Pizza Hut CEO pledges to protect margins over lfl growth
Jens Hofma, chief executive of Pizza Hut Restaurants UK, has told MCA he believes the industry is obsessed with like-for-like growth ahead of protecting margins and that the brand will not be drawn back into the discounting wars.
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Chop’d doubles up in Manchester with Selfridges
Chop’d, the Eddie Holmes-led salad bar chain, has strengthened its partnership with Selfridges with the opening of a new unit in the department store’s Manchester branch.
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Comptoir opening at Cheshire Oaks
Comptoir Libanais is to open a restaurant at Cheshire Oaks Designer Outlet as part of its partnership with HMSHost, MCA understands.
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M&B acquires Johnson’s stake in Ego
Mitchells & Butlers and 3Sixty Restaurants have formed a joint venture for the continued expansion of the Ego restaurant and bar chain.
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GBK losses mount as lfls fall 10.6%
Speculation is mounting about the future of GBK after its parent company issued another warning about its mounting losses.
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YO! FY lfls up 4%
YO! Sushi, the Mayfair Equity Partners-backed group, saw like-for-like sales increase by 4% in the year to 27 November 2017, as EBITDA increased from £7m to £8.5m.
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Founders buy back Randall & Aubin Manchester
Randall & Aubin founders Ed Baines and Jamie Poulton have bought the Manchester franchise of their restaurant brand out of administration to operate it themselves, MCA has learnt.
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McDonald’s poll highlights appetite for flexible working
A survey commissioned by McDonald’s has shown an increasing desire for flexible working among the British public.
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Tortilla eyes rollout for dedicated delivery kitchen model
Tortilla, the Quilvest-backed fast-casual concept, is looking to roll out its dedicated delivery kitchen model after a successful trial.
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7Bone pulls out of Derby
7Bone Burger Co, the Kings Park Capital backed concept, has pulled out of proposed opening in Derby.
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Roosters Piri Piri to build south east presence with next openings
Roosters Piri Piri is to build its presence in the south east of England, with planned openings in Canterbury, Ashford and Portsmouth.
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Hong Kong-based bank takes Gaucho position
SC Lowy, Hong Kong-based boutique investment bank, is believed to have taken a position in Gaucho, which was placed into administration last month.