Restaurants News – Page 52
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NewsIndustry reports ‘fantastic’ first week of Eat Out to Help Out
Operators across the industry have reported a significant uplift in bookings and sales during week one of the government’s Eat Out to Help Out scheme.
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NewsFulham Shore - sales around 72% on previous year
Fulham Shore has released a trading update and announced a fundraise as it looks to fight its way though the coronavirus crisis. It said it has 49 out of 51 Franco Manca sites open, and 14 out of 18 Real Greek restaurants open, and though social distancing means they are only operating at between 60-70% of their previous capacity, this has “to some extent” been compensated by an increase in delivery and takeaway sales. It said in the four weeks since 6 July, like-for-like restaurant sales at reopened sites were around 72% year on year.
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NewsYo! appoints Deloitte to explore CVA
Yo! has appointed Deloitte to advise on the possibility of a CVA, according to a report on Sky News. It said although discussions are still ongoing, unless Yo! was able to strike reductions in rent with landlords it was likely a CVA would be the likely option. Yo! had been in the process of reopening a number of sites which had been remodelled to deliver food to customers via its trademark conveyor belt.
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NewsPizza Pilgrims NED Ian Edward: Crisis will accelerate 'fundamental transformation' of casual dining
For all the devastation the coronavirus crisis has caused across the sector, casual dining will come out the other side transformed for the better, Ian Edward has said.
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NewsChicken concept Wingmans to open ‘largest site to date’ in Soho
Chicken concept Wingmans is to launch its largest site to date in Soho this week.
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NewsPizza Express to close 15% of estate in restructuring
Pizza Express has today announced that it is to undergo a financial and operational restructuring, which could see the permanent closure of 15% of its estate.
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NewsPizza Pilgrims non-exec Ian Edward: “No right or wrong” way to utilise Eat Out to Help Out
The Eat Out to Help Out scheme may play to the advantage of larger restaurant brands, but businesses are within their rights to do what they must to survive, Pizza Pilgrims non-executive director Ian Edward has said.
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NewsOver 72,000 businesses sign up to Eat Out to Help Out scheme
More than 72,000 businesses have signed up to the government’s Eat Out to Help Out scheme, which launches today.
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NewsItsu hopes to cut rents on 53 sites in CVA
Itsu plans to close two and cut rents on 53 of its sites by means of a company voluntary arrangement.
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NewsByron to shed 31 sites following acquisition
Byron will continue to trade from 20 of its 51 restaurants following its acquisition by investment company Calveton.
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NewsDishoom removes £10 Eat Out to Help Out cap
Indian restaurant concept Dishoom has signed up to the Eat Out to Help Out scheme, and will be removing the discount limit.
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NewsEpiris completes CDG acquisition, rebrands as The Big Table
Private equity firm Epiris has completed a deal to acquire Casual Dining Group.
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NewsWelcome Break signs up to Eat Out to Help Out
Motorway service operator Welcome Break has signed up to the Eat Out to Help Out scheme.
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NewsShake Shack launches DIY burger kit
Shake Shack has become the latest brand to release its own cook-at-home meal box.
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NewsPuttshack back in the swing from 8 August
Puttshack will open its White City site on 8 August followed by its Lakeside venue later in the month. Bookings will be available to make from 3 August. Several safety measures have been introduced, including PPE for staff, who will also be temperature checked before every shift. Hand sanitiser will also be prevalent while clubs and golf balls will be cleaned after every use. For customers, groups will be limited to six people
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NewsKFC releases first animal welfare report
KFC has admitted to poor animal welfare among its suppliers, and has vowed to improve conditions going forward.
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NewsYo! continues to reopen sites
Yo! will reopen 18 sites on 1 August and plans to open another 13 over the news few weeks. A reimagined version of the famous kaiten belt will see diners order through their smartphones before being delivered food and drink to their tables via the conveyor belt. This allows the restaurants to comply with social distancing measures and reduces interaction between customer and staff.
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NewsS.A. Brain CEO Alistair Darby: Industry must prove it’s not 'dirty, germ-ridden'
In classing hospitality behind non-essential retail in its reopening strategy, the Government has enabled the idea that pubs and restaurants are high-risk spaces to return to, S.A. Brain CEO Alistair Darby has said. Speaking as part of MCA’s The Conversation, Darby shared his frustration that delaying the sector’s reopening – hospitality spaces in Wales are still prohibited from opening inside until 3 August – has “created the idea in many people’s minds that pubs and restaurants are dangerous places to go.”
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NewsPizza Hut Restaurants to consider restructure
Pizza Hut Restaurants has hired advisers to explore a financial restructure, with a company voluntary arrangement (CVA) under consideration.
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NewsBill’s, Ivy and Caprice join EOHO scheme
Richard Caring restaurants Bill’s, The Ivy Collection and Caprice have joined the Chancellor’s Eat Out to Help Out scheme.