Restaurants News – Page 482
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News
Moore to launch US smokehouse concept
David Moore, founder and owner of Michelin-starred Pied a Terre and L’autre Pied, is to open a new US smokehouse-style concept, 160 degrees Fahrenheit in West Hampstead, M&C Report understands.
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NewsFY EBITDA up 28% at Cote
Cote Restaurants, the CBPE-backed group, saw EBITDA for the year to 28 July 2013 increase 28% to £12.8m, driven by strong like-for-like sales and the opening of 11 new sites
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NewsGiraffe to expand at speed
Giraffe, the Tesco-owned restaurant group, has said it is well placed to “perform strongly and expand at speed” following its acquisition by the retailer
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NewsTesco CEO calls for obesity law
Philip Clarke, chief executive of Tesco, has told the Government to bring in a law to tackle obesity and that legislation might be required to “level the playing field” with restaurants, takeaways, cinemas and other retailers
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NewsEBITDA grows for Searcys parent
The parent company of Searcys, the upmarket bar and restaurant operator and caterer that is currently on the market, saw EBITDA grow from £1.7m to £2.3m in the year to 30 June
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Downey sells Redhook to Iberica
Jonathan Downey, owner of the Rushmore Group, has completed the sale of his Redhook site in London’s Farringdon, to Iberica, the Spanish restaurant chain
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Tapas Revolution secures Shoreditch site
Spanish chef Omar Allibhoy has secured a further site for his Tapas Revolution concept in London’s Shoreditch
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Arabica to launch restaurant venture
The team behind the Arabica Food & Spice Company is to launch a new restaurant venture, Arabica Bar & Kitchen, in London’s Borough Market next April
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Las Iguanas nets £20k-worth of toys for charity
Las Iguanas, the Bowmark Capital-backed chain, has netted £20k of toys for good causes through its Christmas Present Fund
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NewsFulham Shore reports H1 pre-tax loss
Fulham Shore, the restaurant venture from ex-Clapham House Group chairman David Page, has reported a pre-tax loss of £74,399 in the six months to 29 September and said it continues to seek investment opportunities in the sector
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Ignite swings into profit
Ignite Group, the owner of the Bumpkin and Boujis chains, swung back into profit in the year to 31 March 2013, as it saw turnover climb from £11.2m to £11.7m
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NewsWagamama to ramp up digital and insight functions
Wagamama, the Duke Street Capital-backed chain, is looking to ramp up its digital and insight expertise with the appointments of a head of insights and a head of digital
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NewsEd’s opens in York
Ed’s Easy Diner has opened its latest site under its core brand at the McArthurGlen Designer Outlet in York
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Banhmi11 joins BLINK portfolio
Banhmi11 has become the latest operator to join the BLINK portfolio, which looks to provide a “food market” of offers for office and high-street locations
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Morgan Catering eyes further expansion
Morgan Catering, the shopping centre F&B specialist, is looking to open three to five new sites in the next 12 months, including a unit at Lakeside, Essex
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NewsBill’s on track to double FY turnover
Bill’s Restaurants is on track to report turnover in its current financial year to the end of next July of between £50-55m, dependent on the timing of openings
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Takeaway pizza pair jailed for £600k VAT scam
A pair of Hampshire businessmen, who ran pizza franchises in the south of England, have been jailed for a £600kVAT fraud
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PizzaExpress grows international presence
PizzaExpress has continued to grow its international presence opening two further sites in India, expanding its presence in Hong Kong and Shanghai, and making its debut in Bali and Saudi Arabia
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Jimmy’s appoints Tindall as first FD
Jimmy’s World Kitchen, the multi-cuisine restaurant concept, has appointed Zoe Tindall as its first dedicated finance director as it gears up for its next stage of growth.
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NewsBill’s and Byron confirmed for Hammersmith
Bill’s and Byron have both been confirmed as tenants for the 10 Hammersmith Grove development in west London