Restaurants News – Page 13
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Yum! Brands trialling more than 40 AI initiatives
The group has reported a 1% decline in KFC UK sales but continues to see opportunity for more than 50,000 restaurants globally, as it looks to become the ’leading digital restaurant company’
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Mowgli reports 15% growth in sales
The Nisha Katona-led Indian restaurant group grew sales to £30.9m, as it looks to continue expanding in the UK and go international further down the line
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McDonald’s: ‘Headwinds more significant than anticipated’
The fast food giant expects ‘moderated’ top line growth this year, but continues to invest in its loyalty scheme, a new and more ‘satiating’ burger, as well as the rollout of beverage-led concept CosMc’s
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Chicken Shop aims for 70 sites
The Sir Charles Dunstone-backed business, which rebranded from Chik’n in 2022 following a partnership with Soho House Group, already has 14 sites in the pipeline, according to CEO John Nelson
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In pictures: Comptoir Libanais partners with Harrison for Southbank venue
The Lebanese-inspired restaurant group will open its 20th site in London this spring
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Applebee’s sees ‘lots of cross-cultural overlap’ with UK
Dine Brands is looking to launch a dual-branded restaurant concept, combining bar and grill concept Applebee’s and pancake house chain IHOP
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Chipotle keen to unlock growth potential in Europe
The new leadership team will drive forward a “compelling proposition,” says CEO Brian Niccol, as the fast casual Mexican chain reports $2.7bn in quarterly sales
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Three Joes confirms site closures
The Neapolitan pizza concept said it had struggled to keep some of its venues viable amid the cost of living crisis, albeit three locations remain open and trading
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Tortilla looks ahead to improved consumer outlook
The fast casual Mexican group reported a 14% increase in revenue at 3.6% increase in like-for-like sales in 2023, with consumer demand expected to further recover later this year
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Afrikana lines up six new openings
The African-inspired restaurant group looks towards openings in Ilford, Kingston, Holloway and Hounslow this year, with further sites lined up in Tooting and Reading
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Rudy’s to have 10 London restaurants this year
The Mission Mars-owned pizza restaurant group will open its first west London restaurant in Queensway on 27 April, joining its London restaurants in Soho, Shoreditch, Fitzrovia and Spitalfields
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Loungers continues to go from strength to strength
The all-day concept has opened a new site every 10 days so far this year, bringing its estate to 257 as it looks to reach the 600-site mark
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Clean Kitchen co-founder steps down as animal products added to menu
Verity Bowditch has announced she will step away from the formerly vegan restaurant, as the move does not align with her values on animal welfare
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Des Gunewardena to launch Engel and Jang
The restaurateur has revealed details about two distinct concepts - a cocktail bar and Korean-Japanese restaurant - launching in the London Royal Exchange this summer
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Hostmore to acquire franchisor TGI Fridays US
The proposed reverse takeover would bring together the casual dining brand’s largest franchisee with its global franchisor for an enterprise value of £177m, with the combined group to be renamed TGI Fridays plc
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Bistrot Pierre launches new concept
All-day dining venue Pierre’s focuses on a value for money offering of coffees, cocktails and small plates, and will make its debut in Newport, South Wales next month
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Squatters take over Gordon Ramsay hotel and pub in London
At least six people locked themselves in the Grade II-listed York and Albany next to Regent’s Park
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Busaba continues to explore expansion opportunities
The Alan Yau-founded Thai restaurant group reported a 2% decline in like-for-like sales, but continues to look at opportunities “closer to London”
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Tasty reveals 14 site closures
The business will shut 13 Wildwood restaurants and one Dim T as part of its restructuring plan, which will see it exit 20 loss-making sites in total
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Caravan focuses expansion outside of London
The group reported a strong trading performance, with growth in both transaction volumes and spend, as it prepares to open a new site in Manchester