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Turtle Bay toasts record sales with like-for-like growth of 32.6%

Turtle Bay toasts 'record year'

By Shwetali Sapte

Turtle Bay has reported record sales of £90.1m for the year ended 2 April 2023, up 5.5% on the prior year.

Yousif Aslam co-founder and managing director of Heavenly Desserts on honing your business model and why he wants VAT reduced

How I Got Here: Yousif Aslam

By James McAllister

The co-founder and managing director of Heavenly Desserts, which operates around 50 sites across the UK and Canada, on honing his business model and why he wants VAT reduced.

Prezzo restructuring approved by High Court

Prezzo restructuring approved by High Court

By James McAllister

Prezzo’s restructuring plan, which saw it close nearly a third of its estate earlier this year, has been approved by High Court, marking the end of the group’s ‘strategic reshaping’.

Pret expands in Dubai

Pret expands in Dubai

By Finn Scott-Delany

Pret a Manger is expanding its operations in Dubai with two new shops opening this week and a further three planned by the end of the year.

Flat Iron to open in Leeds

Flat Iron to open in Leeds

By Restaurant

Steak-focused restaurant group Flat Iron is continuing its expansion beyond the capital with an opening in Leeds this autumn.

Images: Charlie McKay

Second ULI opens in Marylebone

By Restaurant

Asian restaurant brand ULI has opened a second outpost in Marylebone’s Seymour Place a year after it was first announced.

San Carlo Italian restaurant group sees turnover rise

San Carlo toasts turnover boost

By Restaurant

Turnover for Italian restaurant group San Carlo has risen by 137% to £68.9m, up from £29.1m the year before.

Shake Shack UK operator Diverse Dining sees losses widen

Shake Shack UK operator sees losses widen

By Georgi Gyton

Diverse Dining, which operates the Shake Shack brand in the UK, has seen losses widen despite sales returning close to pre-pandemic levels.

The Restaurant Group shakes up senior team amid investor pressure

TRG shakes up senior team amid investor pressure

By Restaurant

The Restaurant Group (TRG) has announced changes to its senior team, with a new CFO announced and an overhaul of management in the group’s Leisure & Concessions division.

Fulham Shore takeover by Japanese food conglomerate Toridoll voted through

Fulham Shore takeover deal voted through

By Georgi Gyton

Fulham Shore’s acquisition by Japanese food conglomerate Toridoll for £93.4m has been approved by shareholders at a Court Meeting and General Meeting held on Friday (9 June).

Pan-Asian QSR group Chopstix secures first airport site at London Luton Airport

Chopstix secures first airport site

By James McAllister

Pan-Asian QSR group Chopstix is to open its first airport location later this month as it pushes ahead with plans to open 30 new venues this year.

Yard Sale Pizza explores options to take the brand forward after appointing advisors

Yard Sale explores options for growth

By Finn Scott-Delany

Neighbourhood pizza shop concept Yard Sale Pizza has appointed advisors as it considers 'a number of potential options' to grow the brand further.

Leon to launch in Italy

Leon to launch in Italy

By James McAllister

Leon will open its first outpost in Italy later this year in Rome as part of a partnership between SSP Group and Italian rail station operator Grandi Stationi.

Pizza Union looks to expand across London

Pizza Union looks to expand

By Finn Scott-Delany

Pizza Union, the Roman-style pizza bar from Babby Hashemi, is looking for new sites across central London, and negotiating on a few potential locations.

Leon acquired by Asda as Issa brothers combine Asda and EG Group

Issa brothers combine Asda and EG Group

By Finn Scott-Delany

Asda has agreed to buy EG Group’s UK and Ireland operations for an enterprise value of £2.27bn, in a deal that will see it take ownership of the Leon brand.

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