Restaurants News – Page 97
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NewsCauseway Capital "acquires Pat Val"
The Daily Telegraph is reporting that Patisserie Valerie has been bought by Irish private equity firm Causeway Capital Partners. The paper reports that almost all of Patisserie Valerie’s 120 remaining branches are to be saved - preserving up to 2,000 jobs after a deal was struck at 3am this morning. ...
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Whitbread outlines UK and international ambitions
Whitbread has used its Capital Markets Day to reiterate its belief in its “unique, vertically-integrated model” as a lever for growth and value creation.
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Five Guys to replace Côte in Camden
Five Guys has lined up a further opening at 32 Parkway in Camden – currently home to Côte Brasserie, according to Camden New Journal.
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NewsMission Mars secures Liverpool site from Bistro Qui?
Manchester-based operator Mission Mars has acquired the Hub Alehouse & Kitchen in Liverpool City Centre on a leasehold basis, from Bistro Qui?
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P Franco team take Legs site
The team behind P Franco in Clapton is opening a new Japanese drinking food restaurant in Hackney.
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NewsThunderbird, Beer+Burger and Hook added to The O2 line-up
The O2 has revealed a number of additional F&B operators to open under its famous roof, including Thunderbird Fried Chicken, Beer+Burger and Hook.
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NewsPastaio lines up two sites for 2019
Pastaio owner Shemeel Khan has told MCA he is working towards two new restaurant sites this year, part of a plan to build a mini-chain out of the pasta concept. Khan is the biggest shareholder of Pastaio, which is fronted by chef Stevie Parle, and has a single site in ...
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NewsDeadline for final Pat Val bids today
Patisserie Holdings’ administrator KPMG has given bidders until lunchtime today to make their best and final offers for the business.
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NewsWelcome Break: the focus is on brands and new technology
UK consumers are “wedded to brands” when it comes to food to go in travel hub locations, John Diviney, CEO at Welcome Break told delegates.
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NewsBluegrass BBQ trials Hove Editions
Bluegrass BBQ Smokehouse, the regional restaurant group, has launched a virtual fried chicken brand Saucybird, MCA understands.
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NewsThe Alchemist to double up in Birmingham
The Alchemist, the Palatine-backed bar and restaurant concept, is to double up in Birmingham, MCA understands. The Simon Potts-led group has secured the former Le Monde site in the city’s Brindley Place. It joins the existing site in Colmore Row, which opened in August 2016. With that venue showing like-for-like ...
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NewsOodles Chinese opening in Bolton
Oodles Chinese, the Indo Chinese concept, is to open its first store in the North West, in Bolton.
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NewsGrabThai closes three branches
GrabThai, the Minor International concept, has closed three of its London branches, MCA understands.
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NewsMandira closes Seven Dials
Mandira, the Turkish yoghurt bowl concept, has closed its site in Seven Dials, MCA understands.
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NewsChopstix lines up five new sites; disposes of 23 tertiary units
Chopstix has revealed to MCA the details of five new sites to open under its eponymous brand as part of its target to achieve eight to 10 openings in the current financial year, but has also disposed of c23 units
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NewsBigChefs plans UK launch
BigChefs, the Turkish all-day dining concept, is working to create a joint venture in the UK to bring the brand to a central London location, MCA has learnt.
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NewsPret to open house for the homeless
The Pret Foundation is to open a house for the homeless in partnership with West London Mission (WLM), at WLM St Luke’s.
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NewsNeds secures debut franchise in Southampton
Neds Noodle Bar has secured its first franchised site in Southampton’s Marlands Shopping Centre – the first of a planned 10 this year, MCA has learnt.
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NewsCasual dining brands to see negative growth of -0.1% in 2019
The casual dining market is set to see negative growth of 0.1% in 2019, the latest MCA data.
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NewsKFC FY lfls down 2% in the UK
KFC system sales were down 2% in 2018 but rallied in the final quarter with a 1% increase, parent company Yum! Brands has reported.