All Wagamama articles – Page 12
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News
Wagestream raises £40m
Wagestream, which provides flexible payroll solutions for Roadchef, Stonegate and Wagamama, has raised $51m (£40.1m) in series A funding.
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NewsTRG to convert Bolton F&B’s into Wags
The Restaurant Group (TRG) is to convert its Frankie and Benny’s in Bolton into a Wagamama.
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NewsTRG lfls up 2.8%
The Restaurant Group (TRG) has reported like-for-like sales in the 19 weeks to 12 May up 2.8%.
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OpinionSatisfaction or sales – how can you measure success?
New ways to “measure the unmeasurable” mean that satisfaction data could start to rival sales data as a key metric for operators, according to Gary Goodman, chief executive of Yumpingo.
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OpinionAnalysts corner: When will the wheels fall off the Waga?
Peel Hunt analyst Douglas Jack gives his view on the prospects for The Restaurant Group, which is due to report on Q1 trading next week. He says that while Wagamama’s like-for-like sales are likely to flatter for a while yet, the cost of labour inflation and broadly flat lfls in the rest of the company leaves the brand with little room to slow. He also asks whether it is time for companies like TRG to break out their in-store and delivery revenues and lfl sales.
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OpinionAnalysts corner: TRG
Analysts at Shore Capital and Goodbody give their views on the appointment of Andy Hornby as the new chief executive of The Restaurant Group.
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NewsTRG confirms Hornby as new CEO
The Restaurant Group (TRG) has announced the former boss of the HBOS bank, Andy Hornby, as its new chief executive.
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NewsHead of corporate development at Warrens Bakery departs
Andy Hulbert, head of corporate development, at Warrens Bakery has left his role to establish his own franchise and business consultancy, Bee Smart.
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NewsLoungers raises £83m through IPO
Loungers, the 146-strong café-bar group, has announced it has raised £83.3m through its IPO with admission to AIM on 29 April.
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NewsEx-Pret exec Selin joins Wagamama
Wagamama has further strengthened its management team with the appointment of former Pret executive, Johanna Selin, MCA understands.
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OpinionCulture wars
This week Gordon Ramsay’s latest Lucky Cat was slammed for its ‘authentic Asian’ offering, while Aldo Zilli claimed only Italian chefs should cook in Italian restaurants. To help navigate the cultural appropriation minefield, MCA’s Finn Scott-Delany spoke to contributing editor Peter Martin and Mowgli’s Nisha Katona.
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NewsTamatanga kickstarts organic expansion
Tamatanga, the Indian casual dining restaurant, is opening its third site, in Leicester’s Highcross, with further sites lined up in Manchester and Leeds in 2020, MCA has learnt.
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Analysis & Insight
Going Global: All gone to look for America
In the first of a two-part column on international expansion, Jasper Reid looks at the big prize for many operators – cracking the US – with some help from the A-Team of operators.
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Analysis & InsightTime for a chain reaction?
CVAs offer a lifeline for struggling chains. But long-term, can the very notion of a ‘quality chain’ survive this current casual dining crisis? In his monthly column for MCA’s sister-title Restaurant, Tony Naylor shares his, perhaps controversial, views.
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NewsFast food brands top fastest growth index
The top three fastest growing brands in the UK eating out sector in 2018 were fast food brands, the latest MCA data shows.
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NewsBenihana signs international expansion deals
Benihana, the Minor International-backed brand, has signed a host of international franchise deals, which will see it opening nine new sites.
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NewsWagamama lines up new NY opening after closing first site
Wagamama is to close its East Village restaurant in Manhattan but is opening a new spot in Midtown later this year.
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OpinionAnalysts corner: The Restaurant Group
Berenberg shares its views on how The Restaurant Group is faring at the beginning of what is an important year for the business.
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Analysis & InsightLoungers – the one and only?
This week, Loungers announced its much-anticipated intention to float. One line in the accompanying documentation caught the eye of MCA market insight director, Steve Gotham – that Loungers is “the only growing all-day operator of scale in in the UK with a strong reputation for value for money”. He delves into MCA’s wealth of data to determine whether this claim stacks up.
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NewsWagamama further strengthens head office
The Restaurant Group has appointed Ross Farquhar to the new role of chief marketing officer for Wagamama as it continues to strengthen the brand’s head office post acquisition.