Restaurants News – Page 501
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Pan Chai targets franchise expansion
Luxury pan-Asian restaurant Pan Chai, currently located in the Harrods store, is launching a franchise and hopes to open at least five sites across the UK by the end of 2014, M&C Report has learnt
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NewsM&C20 flat after mixed-bag leisure sector performance
It was a flat week for the M&C20, with 10 stocks up, 9 down and one unchanged - with the result that the index ticked down 0.2% to 1,119
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Yo Yo Noodle eyes UK expansion
Yo Yo Noodle, the Lincoln-based Chinese food chain, hopes to expand from four to around 20 sites in the UK by the middle of next year, chief executive Jadey Li has told M&C Report.
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Bristol next for Koh Thai Tapas
Koh Thai Tapas, the Thai tapas concept, has secured its fifth site, in the Clifton area of Bristol
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NewsMenchie's eyes 100 UK sites
Menchie’s, the American self-service frozen yoghurt concept that operates 360 sites across the world, is planning a major push in the UK with an ambition to open 100 sites here over the next five years, M&C Report has learnt
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Merton and Islington named best for food in London
Merton and Islington have been jointly named as London’s top Good Food Boroughs
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NewsEd's strengthens pipeline
Ed’s Easy Diner, the fast-growing American-style casual dining chain, has secured or is in advanced talks on 10 sites in the UK for its core eponymous brand, as it looks to open 15 new units by the end of next year
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Red's secures expansion fund
Red’s True BBQ, the fledgling Leeds-based operator, has secured funding from the Royal Bank of Scotland to secure a further three sites, as it looks to grow to around 15 to 18 units over the next five years
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NewsTasty 'seeks new equity funding'
Tasty, the AIM-listed restaurant group, is rumoured to be asking shareholders about new equity funding as it looks to open 18 sites by the end of 2014, according to The Times
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NewsAubaine identifies target locations outside London
Aubaine, the French restaurant and patisserie concept led by Hani Nakkash, has identified a number of target towns and cities in southern England as it looks to open its first site outside London
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My Old Dutch eyes expansion
My Old Dutch, the London-based pancake house operator, is looking to expand across the UK and possibly overseas via franchise, M&C Report has learnt
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PBT falls 5.1% for UK Hard Rock operator
Hard Rock Cafe UK, operator of the eponymous American restaurant brand in Britain, saw pre-tax profits fall 5.1% to £5m in the year to 31 December 2012
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NewsDP Poland opens first franchise store
DP Poland, the operator of Domino’s in Poland, has opened its first franchised store in Warsaw
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Disco Bistro 'has multi-site potential'
Itinerant chef and pop-up restaurant veteran Carl Clarke is planning to make Disco Bistro a permanent fixture in East London before turning it into a multi-site restaurant brand
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NewsRHWB begins to strengthen management team
Red Hot World Buffet has appointed Ed Passey, group operations director at bar and hostel operator Beds & Bars, to its board as it starts to grow its pipeline of new sites
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NewsNando's to open five in Scotland, eyes more
Nando’s is to open five restaurants across Scotland and is looking at “a number of other sites” north of the border
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Caprice Holdings FY EBITDA static
Caprice Holdings, the restaurant group led by Richard Caring, has reported a static EBITDA of £8.6m in the year to 30 December 2012 although like-for-like sales fell 1.2%, with the company citing the “negative impact” of the Jubilee and Olympics on its West End and Mayfair sites
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High-profile female chefs to launch Heathrow restaurant
Four high-profile female chefs are to launch a restaurant at Heathrow’s Terminal 2. The Gorgeous Kitchen is headed by Gee Charman, Sophie Michell, Jo Pratt and Caroline Mi Li Artiss
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Hotel Chocolat to launch first two restaurants
Hotel Chocolat, the premium chocolate retailer and cafe operator, will open its first two restaurants in the UK next month in London and Leeds, M&C Reportunderstands
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NewsYum! Q3 UK sales rise 1%; cuts growth estimates
Yum! Brands has reported a 1% rise in UK system sales in the three months to 7 September, although “weak results” in Pizza Hut UK and across Japan were cited as the reason for a 1% decline in same-store sales in international developed markets