Restaurants News – Page 304
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The Good Life Eatery reveals details of third site
Healthy eating concept The Good Life Eatery’s third site will open in Knightsbridge’s Motcomb Street next year.
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NLW to cost companies c£1bn
The National Living Wage is set to cost companies around £1bn when it comes into force next April
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Loungers reports record sales
Loungers, the all-day café, bar and restaurant group, reported record sales last week of £1.7m with like-for-like sales up 7.2%
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2016 set to see the rise of the “resto-bar”
Next year is set to see the rise of the “resto-bar”, the 2010’s version of the “gastro-pub”
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Wagamama to launch in Oman
Wagamama has signed a franchise deal to open its first store in Oman.
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Rating revaluation will impact many operators’ property decisions
The imminent rating revaluation will impact many operators’ property decisions in 2016
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Eddie Rocket’s eyes UK rollout for new concept
Eddie Rocket’s, the Dublin-based US diner group, plans to roll its latest brand out across the UK.
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Honest Burger strengthens London pipeline
Honest Burgers has lined up a further two openings in London, in Covent Garden and the City
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Pitt Cue Co secures second site
Pitt Cue Co, the London-based American-style BBQ concept, is finally set to open a second site in the capital next February, in the City
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Coffer Group: Yield compression to come to an end
The leisure investment sector is likely to see a slow-down in transactions from 2015, due to a shortage of prime properties coming to the market
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Earl of Sandwich set for another crack at UK market
The Earl of Sandwich, the sandwich bar concept, is to have another crack at the UK market, after securing a site at Bluewater
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Shawa confirmed for Bluewater
Bluewater has confirmed that Shawa, the sister brand to Comptoir Libanais, will open in its Winter Garden
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Pizza Hut UK lfls up 6.2% for first nine months
Pizza Hut Restaurants, the Rutland Partners backed group, has reported like-for-like sales up 6.2% for the period from 1 December to 29 November.
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Crowley becomes Giraffe MD
Tom Crowley has been promoted from operations director to managing director of Giraffe, the Tesco-backed restaurant chain, M&C understands.
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First YO! Sushi Bar to open in Chelmsford
YO! Sushi is to open its first UK Sushi Bar at a site in Chelmsford.
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Equistone takes lead on Gaucho
Private equity group Equistone is believed to be in advanced talks to acquire Gaucho
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D&D delays IPO plans
D&D London is to delay plans for a London flotation after failing to secure fundraising commitments in time for a pre-Christmas listing
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UK spending on cards more than doubles
The use of plastic in pubs and restaurants has helped double spending on cards in the UK in the last decade, reaching over £500bn in 2014
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Bone Daddies eyes expansion opportunities
Bone Daddies founder Ross Shonhan will have six permanent sites open by mid-2016 and is on the lookout for more, M&C has learned.
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Strada becomes official food partner of Dry January
Strada has announced it is to continue to build on its commitment to ‘The Good Life’ by announcing a partnership with Alcohol Concern’s Dry January