All Restaurants articles – Page 349
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NewsCollyer issues Hold for TRG
Leading analyst Geof Collyer has initiated his coverage of The Restaurant Group (TRG) by issuing a Hold recommendation and 700p Target Price, saying the Frankie & Benny’s and Chiquito operator is “well established” to retain its strong performance over the past decade
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NewsApollo acquires Tragus, Derkach to step down as CEO
John Derkach is to step down as chief executive of Tragus after Apollo Global Management, which already held the majority of the group’s debt, acquired the business from Blackstone. Steve Richards has been appointed as the c300-strong group’s new chief executive
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NewsEd’s Easy Diner to explore options
Ed’s Easy Diner is thought to have carried out a beauty parade of advisors as it considers a number of strategic options to aid the next stage of its development
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NewsEurope drives Q1 BK sales growth
A strong performance across Europe, helped Burger King report a 2% increase in comparable sales for the first quarter of the year
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Pitt Cue Co in talks on second site
Pitt Cue Co, the American-style BBQ concept, is believed to be in talks on opening a second site in London, in Old Street.
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Simit Sarayi targets UK
Turkey-based bagel operator Simit Sarayi, one of the biggest eating-out chains in the country, is targeting a launch in the UK
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KTT agrees tie-in with fellow Thai brand
Koh Thai Tapas (KTT), the Thai tapas restaurant group, has entered a “brand tie-up” to begin the process of becoming incorporated with Mango Thai Tapas, a Southampton-based tapas bar that has been trading since 2007
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Porky’s looks ahead to third site
Porky’s, the London-based American BBQ restaurant concept, is looking to acquire a third site in the capital following the opening of its second eatery in Bankside in June
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Greenwich Tavern owners take Camino site
The brothers behind The Greenwich Tavern are set to open a new venture on the site of the former Camino unit in Canary Wharf
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OpinionA great brand is doomed without a great process
Having helped bring PizzaExpress to India, Jasper Reid of International Market Management argues that the key to success in emerging markets is smart and careful planning
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Camino to focus on tapas bar concept
Camino, the tapas restaurant concept, is “actively and enthusiastically” looking for sites to open ten tapas bars that will be smaller than its existing three restaurants that will be smaller units more in keeping with traditional Spanish restaurants
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NewsBill’s on track for 25 openings this year
Bill’s, the Richard Caring-backed restaurant chain, is on target for opening 25 restaurants this year with sites in Eastbourne, Worcester and Bury St Edmonds opening within the next six weeks
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D’Acampo expands My Pasta Bar
My Pasta Bar, the new fast-casual Italian restaurant fronted by TV chef Gino D’Acampo, has secured a further three sites to take its estate to five by the end of June, M&C Report has learnt
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Zaks eyes nationwide franchise pipeline
Zaks, the Norfolk-based American diner which is part of Blue Sky Leisure group, is planning to grow its franchise network to two this year and up to four next year with the concept going nationwide
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NewsByron hits 40
Byron, the premium burger restaurant group, has reached the 40-site mark, after opening its latest unit in Chisiwck, London
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Livebait founder to launch new Greek concept
Theodore Kyriakou, the founder of the Livebait and The Real Greek brands, is to open a new Greek restaurant and food store concept in London’s King’s Cross
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Chaophraya expands with street food concept
Chaophraya, the Thai restaurant group, is planning five restaurant openings this year including two casual dining restaurants under its new street food concept Thaikhun and hopes to expand to the south, M&C Report has learnt
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San Carlo to open second Fumo site
San Carlo Group, the family run Italian restaurant chain, is set to open a second site under its restaurant and bar format Fumo
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NewsStrong Q1 growth for KFC UK
UK system sales of KFC grew 12% in the three months to 22 March, with Pizza Hut UK system sales (take-away only) up 2% over the same period, owner Yum! Brands has reported
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NewsTube strikes could scare off restaurant customers
Planned tube strikes in April and May could cost London restaurants 2% of their annual evening trade, according to the British Hospitality Association