Restaurants News – Page 26
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Rare Restaurants confirms two closures
The steak restaurant group has confirmed the closure of M in Victoria and Gaucho in Smithfield as it looks to optimise its portfolio, with like-for-like growth at 24%
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Oasis threatens to push for removal of TRG boss
The activist investor has called for the Wagamama owner to reduce debt, reduce interest, and resume dividends as it is rumoured to be weighing up a potential sale of its pubs business
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The Wolseley to roll out to 10 sites across UK and Asia
Minor International CEO Dillip Rajakarier expressed regret over the fall-out with founder Jeremy King in an interview with Bloomberg
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Pho posts return to profit
The Vietnamese chain has posted its first results since the pandemic for the year ended February 2022, with turnover increasing 109.1% to £43.7m
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Des Gunewardena plots his next move
The former D&D London CEO is preparing to launch a number of new individually-financed landmark venues in London and Manchester, MCA can reveal
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Chesterford Group: ‘Fish and chips are yet to reach their price peak’
CEO James Lipscombe of the 38-strong company said industry prices are stabilising but yet to reach their peak
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Inamo looks to object recognition ordering
Following the installation of fully touch-sensitive tables, the experiential tech restaurant group is looking to make its guest experience more interactive, MCA’s Hostech conference heard
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Gino D’Acampo restaurant been given ONE star hygiene rating
The Liverpool location inside INNSiDE By Melia was told by the FSA ‘major improvement necessary’, Mail Online reports
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Richard Caring says Bill’s has turned a corner after cash injection
The latest cash injection by the 73-year-old ‘King of Mayfair’ brings the total amount he has funnelled into the business since 2018 to £5.6m, The Sunday Times reports
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Bill’s exits 12 sites due to under-performance
The business also completed a £38m refinancing of its banking facility with HSBC in March 2023
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Popeyes confirms first drive-thru opening
The 17-strong fried chicken giant has confirmed seven new locations, placing it on track to open a total of 20 in 2023, including its first drive-thru in Rotherham
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San Carlo and Gino D’Acampo look to collaborate on growth opportunities
The two Italian premium dining chains have stated they are eyeing further opportunities together in the UK and overseas
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Megan’s to open six sites this year
The all-day dining concept is set to deliver £26m of revenue in FY2023, with recent trading described as “exceptionally strong”
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Wingstop moves into retail parks
Wingstop UK has announced plans to open its first standalone retail unit at Gallions Reach Retail Park in Beckton, East London, in spring this year
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Coco di Mama to make regional debut in Reading
Coco di Mama will open its first store outside London in Reading on 10 February, as it looks to accelerate expansion and build a nationwide presence
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Clean Kitchen Club announces pivot
The vegan restaurant brand is closing its Notting Hill site, launching a retail range and teased something “never seen before” in QSR
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McDonald’s Raise the Arches campaign hits the right note
Recently launched in the UK, the marketing campaign – which never mentions the brand name – has been driving customer engagement
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Boo Burger builds pipeline
The fresh fast food franchise has opened in Birmingham, with sites in Manchester, Derby, Preston and a third in Leicester to follow
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How to eat out at expensive restaurants on a budget
Noma may be closing, but fine dining in the UK is hotter — and more expensive — than ever. So can you do it on a shoestring, the Sunday Times asks
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Ivan Orkin partners with Sessions
The renowned American ramen chef will host residencies at Sessions’ two venues, before rolling out across the UK to more than 100 delivery-only locations