All Wasabi articles – Page 3
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Analysis & Insight
Opportunities despite knocks
The next 12 months will be another tough year for the UK’s eating and drinking-out sector, and the gulf between great operators and the rest will widen. However, with 2018 proving there were still opportunities to grow and secure investment, AlixPartners’ Graeme Smith considers the outlook for 2019.
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NewsSushimania looks to add up to four this year
Sushimania is looking to add another three or four sites to its estate in the next 12 months, and is currently negotiating on sites in St Albans and Camden, MCA understands.
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NewsM&S adjusts Wasabi partnership
Two of the Wasabi counters operated in Marks & Spencer stores have closed, MCA understands, although the retailer insists the partnership will continue.
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NewsBy Chloe set to open third UK site
By Chloe, the plant-based fast casual concept, is set to launch its third UK venue, with an opening lined up in the Icon Outlet at O2 complex.
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NewsCapdesia amongst Wasabi bidders
London-based private equity firm Capdesia, which was founded last year by Christopher Unrath and Niels Lorijn, formerly of US private debt firm CapitalSpring, is one of the remaining bidders to acquire a stake in Wasabi, the sushi and bento chain.
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NewsPE firms circle Wasabi
A handful of private equity firms are in the running to acquire a stake in Wasabi, the sushi and bento chain.
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NewsBenihana confirms Glasgow
Benihana, the global Japanese teppanyaki concept, has confirmed its first UK site in eight years will open in Glasgow.
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Analysis & InsightNeeds must
The Casual Dining Group (CDG) and Wasabi were both featured in the press over the weekend, linked with the need to make necessary changes to their businesses. One is taking a proactive approach to bring landlords to the table to discuss issues it faces with rental levels at a handful of sites, while the other claims it is looking for an injection of capital to support its next phase of growth. But, is one being more realistic with itself and the impact of the current harsh trading environment than the other, asks Mark Wingett.
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NewsClick & collect orders up 70% at Prezzo
Prezzo, the TPG-backed Italian restaurant chain, has grown sales from click-and-collect orders by 70% within just one month of a new partnership with online ordering platform, Orderswift.
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News
Minor eyes UK rollout for Benihana
Minor Hotels, the Thailand-based hospitality group, which acquired a stake in Japanese restaurant group Benihana earlier this year, is exploring further expansion opportunities for the brand in the UK, after strengthening its management team here, MCA has learnt.
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NewsWasabi strengthens M&S tie-up
Wasabi, the sushi and bento chain, has strengthened its partnership with Mark & Spencer, opening three new counters.
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OpinionNip and Tuk
Health-focused chain Leon has partnered with David Thompson’s Aylmer Aaharn food group to transform its Shaftesbury Avenue site into a Thai fast food restaurant that could become a major growth brand. Restaurant magazine deputy editor Joe Lutrario meets Leon founder John Vincent to discuss the prospects for Tuk Shop.
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News
Wasabi teams up with Thyngs on loyalty scheme
Wasabi is ditching its mobile app and will instead ask customers to tap or scan a smartcard with their mobile to join the ‘Wasabi Club’ and collect loyalty points.
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News
Eadon steps down from Wasabi
Eadon, the former head of marketing at Crussh, has stepped down from the same role at rival grab-and-go chain Wasabi
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Analysis & Insight
Gender pay gap reporting: A sector overview
Gender pay gap reporting has been dominating the headlines this week. With the deadline now passed, what were the numbers reported by some of the biggest players in the eating and drinking out market? MCA takes a look
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News
Federman swaps Wasabi for Q Apartments
Wasabi’s interim finance director Raoul Federman is to join serviced apartments group Q Apartments as chief financial officer, MCA understands.
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News
Mercer swaps EAT for Coco di Mama
Tom Mercer has stepped down from EAT to join Coco Di Mama, as its first head of people.
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NewsWasabi secures £30m bank funding; appoints FD
Wasabi, the sushi and bento chain, has secured a £30m revolving credit facility from HSBC to fund further growth and has appointed a new finance director.
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News
Wasabi seeks to switch to monthly rents
Wasabi, the sushi and bento chain, has written to landlords to request amending its rent payment agreements
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News
Coco di Mama secures Yumchaa site
Coco Di Mama, the Azzurri Group-backed, quick-service Italian concept, will today open its 21st site in the capital