Restaurants News – Page 432
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PizzaExpress launches £610m bond
PizzaExpress has started marketing a £610m bond to fund its leverage buyout by Chinese private equity group Hony Capital
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YO! appoints new ops director
New YO! Sushi chief executive Vanessa Hall has made her first key appointment after hiring Paul Reynolds as the group’s new operations director
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Cote secures more openings
Cote, the French brasserie chain backed by CBPE, has secured a further two sites for opening this year in Dorchester and West Bridgford
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Green Flash Brewing signs European distribution deal
California-based Green Flash Brewing Co has entered a European distribution partnership with Belgian St-Feuillien to bring its craft beers to Europe
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Chipotle reports one of its strongest ever quarters
Chipotle has reported a 17.3% rise in comparable restaurant sales in the second quarter of 2014, which the group said was one of its strongest comparative periods as a public company
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Michelin chef confirms Regent Street sushi restaurant
Mitsuhiro Araki, the Michelin-starred Japanese chef, is opening an eponymous restaurant on London’s Regent Street in the autumn at the W4 development
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Home of Fast Foods receives investment
Cattaneo, the Birmingham-based corporate finance firm, has made an investment in new quick service restaurant group Home of Fast Foods (Hoffs) as part of a £400,000 funding round, according to Insider Media
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Flat Q2 sales for McDonald’s
McDonald’s reported relatively flat like-for like sales both in the UK and internationally with just 1% growth for the second quarter up to June 30, 2014
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'Active dining' concept Aveqia launches fundraising bid
Aveqia, the concept from Michelin Star chef David Berggren that involves groups of customers preparing and eating a meal for themselves, has launched a fundraising bid on Crowdcube to raise £300,000 by selling 10% of the business in order to expand
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Bella Italia to rollout Gelato Carts
Tragus, the Apollo Global Management-backed group, is to rollout “Gelato Carts” into all of its c90-strong Bella Italia restaurants as part of the new look for the brand
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Domino's set for growth, 'jury out' on new management
Leading analyst Sahill Shan has reiterated his Hold recommendation for Domino’s Pizza ahead of its H1 results next Tuesday, saying that he expects to see “robust” growth in the half year but the “jury is out” on the new management team
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Hygiene tops poll of food concerns for diners
Food hygiene is the greatest food safety concern for people when eating out according to a survey by the Food Standards Agency (FSA)
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New Mediterranean concept opens in Hampshire
The operators of Thyme & Tides, the deli, bistro and fishmonger concept in Stockbridge, Hampshire, have opened a Mediterranean-themed restaurant called Woodfire in the town
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Ecuadorian concept to launch in Soho
A new Ecuadorian food specialist concept called Tostado is set to launch in London, after securing a site in Soho
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TGI Friday’s new owners to consider options for UK arm
Sentinel Capital and TriArtisan Partners, the new owners of TGI Friday’s are in the early stages of considering a sale of its British arm
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Svenson eyes UK launch for MOD Pizza concept
Scott Svenson, the US-based founder of Seattle Coffee Company in the UK that was later bought by Starbucks, is targeting a UK launch for his MOD Pizza restaurant concept, M&C Report has learnt
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Jamie’s secures second Trattoria
Jamie’s Italian, the restaurant group founded by the high-profile chef, has secured a second site for its Trattoria format in Chelmsford, M&C Report has learnt
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Kout appoints ops director
Kout Food Group, the Kuwaiti owner of Little Chef, has appointed former Krispy Kreme operations manager John Moore to the role of operations director, M&C Report has learnt
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Fledgling pizza brand eyes nationwide expansion
True Pizza, an artisan pizza restaurant, is opening in Dundee this week as part of plans to roll-out the concept nationwide
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Bone Daddies appoints ops director, eyes third site
Bone Daddies, the informal Japanese restaurant concept led by former Zuma head chef Ross Shonhan, has appointed Dinah Meister, former director of operations at La Bottega, to the same role as it moves close to securing another site, M&C Report has learnt