Restaurants News – Page 95
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News
Rockfish secures new bank facility, strengthens pipeline
Rockfish, the Mitch Tonks-led seafood restaurant group, has received seven-figure bank backing from HSBC to open three new restaurants, while strengthening its pipeline with a further site lined up in Sidmouth.
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NewsFleet: No one wants to open 100-200 restaurants anymore
Flat Iron managing director Jo fleet has suggested there is “no number” on the scale of sites the brand could open – though admitted there was no longer any appetite in the industry to reach 100 or 200 sites.
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NewsPeretti looks to bring stability to Pat Val
Paolo Peretti, the newly appointed managing director of Patisserie Valerie, has told MCA that the now 96-strong estate will receive investment but that the priority for the moment is to “bring some stability back into the business”.
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NewsFive Guys builds pipeline as it nears 100 UK sites
Paul Hamilton, who was appointed head of brand for Five Guys Europe earlier this year, has told MCA that the brand is committed to further growth in the UK this year alongside a rapid rollout in some of its other markets.
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NewsSEV eyes Puttshack international debut
The chief executive of Bounce operator Social Entertainment Ventures has said there is potential for the company to open in up to 70 metropolitan areas in the United States.
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NewsPeretti appointed to run Patisserie Valerie
Causeway Capital has dismissed suggestions that it is only planning a brief period of ownership of Patisserie Valerie.
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NewsGusto raises close to £30k for Tim Bacon Foundation
Gusto Italian has raised almost £30k for the Tim Bacon Foundation by adding a discretionary £1 to customers’ bills during December and January.
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News
Smoke & Dough signs for Liverpool ONE
Independent American-Italian restaurant concept, Smoke and Dough, is to open its first location in the UK on Liverpool ONE’s Terrace.
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NewsThe Alchemist launches AR cocktails
The Alchemist is this week launching a new Augmented Reality cocktail menu and app, The Conjurer.
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News
Las Banderas to expand Aqualung sub-brand as standalone concept
Spanish restaurant group Las Banderas has launched a sub-brand called Aqualung which it is looking to expand as a standalone concept, MCA has learnt.
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NewsEd’s and Giraffe closures revealed
The list of Ed’s Easy Diner and Giraffe sites to close under the Company Voluntary Arrangement covering the two brands has been revealed.
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NewsOn the Bab relocates Marylebone venue to Soho
On The Bab, the Korean street food concept, is relocating its Marylebone site to Soho, while opening a first overseas location, in Paris.
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News
Brasserie Blanc growth to be focused on hotels only
Brasserie Bar Co is to focus the growth of its Brasserie Blanc restaurant business on hotel locations only, MCA has learnt.
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NewsBRG eyes £10m investment in Ed's/Giraffe estate post-CVA
Boparan Restaurant Group is thought to be willing to invest up to £10m in the Ed’s easy Diner and Giraffe estates, if a Company Voluntary Arrangement (CVA) is approved.
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NewsBoparan to close 27 Ed’s and Giraffe sites as part of CVA
Boparan Restaurant Group has confirmed that 27 of its 70 Ed’s Easy Diner and Giraffe sites are expected to close as part of Company Voluntary Arrangement (CVA).
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NewsThe Avocado Show prepares full launch in London
The Avocado Show, the Holland-founded Instagram-friendly concept, will use its pop-up at D&D London’s Bluebird as a launch-pad for London expansion, MCA understands.
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NewsFormer Pat Val CEO to sue Causeway Capital Partners
Former CEO of Patisserie Valerie Steve Francis has launched a lawsuit against the café chains new owners Causeway Capital Partners, and has warned of more store closures, according to The Times.
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NewsTonkotsu sees food halls as potential growth driver
Tonkotsu managing director, Stephen Evans, has told MCA that he sees the potential to grow through food halls and said the brand’s success in Birmingham has emboldened it for further regional expansion.
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NewsPizza Hut confirms it is testing own delivery options
Pizza Hut has confirmed it is exploring delivery through Deliveroo in areas where there is currently no service provided by its brand-owner Yum! Brands.
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NewsCasual Dining Group focused on developing new revenue streams
Casual Dining Group (CDG) is concentrating on developing new income streams such as delivery and digital, rather than boosting the size of its restaurant estate or launching new concepts, CEO Steve Richards told attendees at the Casual Dining Show yesterday.