Restaurants News – Page 12
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NewsPrezzo tells creditors to swallow a slice of its £70m liabilities
The Italian chain is facing liabilities totalling £70 million as a result of losses sustained by the 47 unprofitable restaurants it closed last month, The Times reports
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NewsHostmore looking to capitalise on heritage of TGI Fridays
The group is looking to drive sales in its core restaurant estate by tapping into the strong awareness of the TGI Fridays brand – which it is bringing back – as well as a focus on boosting drinks revenue
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NewsHush Collection to expand Haché Brasserie concept
The group has sold its Haché Burger site in Clapham to grow the Brasserie concept, with a focus on larger sites and an expanded all-day offer
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NewsJamie Oliver cooks up a new restaurant chain
The celebrity chef is launching a new chain of upmarket restaurants in Britain, only a year after administrators finished winding up Jamie’s Italian, The Times reports
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NewsOasis: TRG management ‘not aligned with shareholders’
The activist hedge fund has urged fellow shareholders to reject “pay without performance” at The Restaurant Group
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NewsPrezzo to close 46 restaurants
The latest restrcuture at the Italian causual dining chain will leave it with 97 restaurants, and more than 800 staff affected
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NewsMitchells & Butlers to acquire remaining stake in Ego Restaurants
M&B, which took a 40% stake in Ego Restaurants in 2018, plans to expand the Mediterranean-themed pub and restaurant chain nationwide
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NewsMcDonald’s announces recipe changes to core items
The chain will make changes to the Big Mac among other items, in its first major menu change since launching the crispy chicken sandwich
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NewsSmoky Boys opens 12th site
The BBQ and ‘grill haus’ brand has launched in Southside Shopping Centre in Wandsworth
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NewsEyal Shani to launch first of three new restaurants this year
The Israeli-born chef and restaurateur behind Miznon is opening Lilienblum near Old Street
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NewsMichelin-star chef slashing prices at Mayfair restaurant
Jason Atherton has cut his prices at his flagship restaurant over fears Londoners are being priced out of West End dining
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NewsFulham Shore to be acquired in £93m deal
The Franco Manca and Real Greek operator’s board has agreed to a proposed takeover by Japanese food conglomerate Toridoll
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NewsBurger & Sauce signs five new franchisees
The business is looking to expand from its Birmingham base to Sheffield and Liverpool through its new franchise partners
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NewsCreams confirms first sites to open under new Park Garages partnership
Cafes will open within Park Garages Blackburn and Wigan later this month, following increased demand for the brand in the north.
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NewsMcDonald’s closes US offices as it prepares to announce redundancies
The chain has closed its US offices for three days to inform corporate employees about layoffs as part of a broader company restructuring
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NewsItsu launches first hot food-only restaurant
The site in Regent’s Place will be solely focused on hot dishes, with no sushi on the menu, and will be the first of several sites to open in the new format this year
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NewsCrust Bros announces two new openings
The Neapolitan pizza concept is expanding its estate to five London sites, following the success of its locations within Boxpark
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NewsTasty selling two sites, considering further closures
The group is also considering converting further Wildwood restaurants to its dim t brand following a successful rebrand in Loughton
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NewsGordon Ramsay’s London House closes
The high-profile chef has operated the neighbourhood restaurant concept in Battersea Square since 2014
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NewsWendy’s to open three new sites
The American chain is continuing its expansion with a high street site in Lincoln, a shopping centre site in Wisbech, and drive-thru in Colchester