Restaurants News – Page 339
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IRC plans £4m investment
Individual Restaurant Company (IRC), the operator of the Piccolino and Restaurant Bar & Grill brands, is to invest c£4m on further upgrading its existing estate, M&C understands. The 32-strong group, which is chaired by Malcolm Walker, is also set to open a new Piccolino in Alderley Edge before the end ...
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Tonkotsu plans central kitchen
Tonkotsu, the Emma Reynolds-led concept, is gearing up for further expansion by starting the search for a central kitchen facility
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Welcome Break adds EV charging
Motorway service station operator Welcome Break has enhanced its facilities for motorists by installing electric vehicle chargers at three of its UK sites and will add them to a further seven
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Jack and Alice concept eyes expansion
The team behind pantry dining concept Jack and Alice is planning to open two permanent sites this year
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Pizza Hut EBITDA up 5% to £15.73m
Pizza Hut UK, the Rutland Capital backed restaurant group, has announced profits of £3.34m for the year to 30 November 2014 - up from £1.69m in 2013
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Rosa’s to consider options
Rosa’s, the London-based Thai cafe concept, is set to review its future funding options near the end of this year
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The Alchemist to double up in Leeds
The Alchemist, the four-strong cocktail bar and restaurant concept founded by Living Ventures, is set to double its presence in Leeds
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Suffolk swaps Le Pain for Azzurri
Ben Suffolk has stepped down as head of property at Le Pain Quotidien to join the Azzurri Group, as its new acquisitions manager
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Operators' interest in Boxpark surges
Roger Wade, the brains behind Boxpark, told M&C more than 100 food and drink operators have expressed interest in taking space at the second Boxpark due to open in Croydon next summer
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Pasta to-go concept launches in Piccadilly
A fast-casual pasta concept called Pasta Sereni is launching on Air Street, adjacent to Piccadilly, in September
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Operators confirmed for Watford Intu extension
Las Iguanas, Cabana and Byron have all been confirmed to open in intu Watford’s £100m Charter Place redevelopment scheme
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Pizza Hut owner set to consider options
Rutland Partners, the private equity owner of Pizza Hut UK, will begin the process of considering its options for the chain later this year
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Square Pie hits 33% mark in crowdfunding push
Square Pie, the gourmet pie shop chain, has raised a third of its crowdfunding target in the first two weeks of its Crowdcube campaign.
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Cabana completes latest fundraising round
Cabana has completed a £5m equity raise to help fund its expansion
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Bobo Social celebrates with £1 burger
Bobo Social, the high-end burger restaurant, is celebrating its first anniversary by selling burgers for £1 at its site in London’s Fitzrovia
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Second Boxpark set for Croydon
Boxpark, the pop-up mall and food court in Shoreditch, is opening a second site in Croydon next summer consisting entirely of food and drink vendors
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Lunya to open in Manchester
Liverpool-based Lunya, a Catalonian deli, restaurant and bar, is opening its first venue in Manchester in October
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Di Maggio’s to launch Indian-Iranian hybrid
Scottish independent operator DiMaggio’s Restaurant Group (DRG) is launching a modern Indian café in Glasgow city centre later this year
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Gaucho launches Electro Brunch Clubs
Gaucho has introduced Electro Brunch Clubs – partnering an all-inclusive menu with a DJ set for a Sunday late morning.
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Wagamama FY lfls up 10%
Wagamama saw like-for-like sales rise 10% in the 52 weeks to 26 April and promised more openings in “key locations” and a programme of customer innovation for the coming year.