Multi-site - Hospitality

YO! returns to profit

15-Sep-2023 By Finn Scott-Delany

Sushi brand YO! returned to profitability in the UK in 2022 as it saw a strong rebound in footfall post-pandemic.

Former Patisserie Valerie CFO charged with fraud

14-Sep-2023 By Finn Scott-Delany

The former chief financial officer of Patisserie Valerie has been charged with fraud along with three others in connection with their role in the collapse of the chain in 2018.

Dunkin’ tees up London flagship amid aim to double UK estate in two years

11-Sep-2023 By James McAllister

Coffee and donut chain Dunkin’ will open a new flagship store in London later this month under plans to double its UK estate over the next two years.

Various Eateries CEO Yishay Malkov steps down

11-Sep-2023 By Shwetali Sapte

Various Eateries has announced CEO Yishay Malkov has agreed his resignation with the board.

TRG pays Big Table Group £7.5m to take on leisure division

11-Sep-2023 By James McAllister

The Restaurant Group (TRG) has announced it will sell its leisure division to the Big Table Group (BTG).

TRG chairman Ken Hanna to step down

08-Sep-2023 By James McAllister

The Restaurant Group (TRG) has announced that its chairman, Ken Hanna, is to step down.

Comptoir Group returns to expansion trail with first UK opening in four years

06-Sep-2023 By James McAllister

Comptoir Group is returning to the expansion trail with its first UK opening in four years.

Recovery of concessions business helps drive strong LFL sales growth at TRG

06-Sep-2023 By James McAllister

The Restaurant Group (TRG) has reported strong like-for-like (LFL) sales growth in the first half of the year (H1), driven in part by the recovery of its concessions business.

Honest Burgers to 'challenge the big guys' with a move into QSR

05-Sep-2023 By Restaurant

Honest Burgers is looking to make a play into the quick service restaurant (QSR) sector as part of its new expansion plans.

Doner Shack targets Gen Z with brand revamp

05-Sep-2023 By Restaurant

Doner Shack has unveiled what it says is a new brand repositioning aimed to appeal to a younger demographic.

Richard Caring: ‘Bill’s is back on track’

04-Sep-2023 By James McAllister

Richard Caring has said that Bill’s is ‘back on track’ after the group reported that trading was ‘ahead of expectations’ in its half year results.

Bone Daddies confirms Leicester Square opening

30-Aug-2023 By James McAllister

Bone Daddies has confirmed it will open its next ramen bar this October close to London’s Leicester Square.

Wingers launches franchising with plans for 50 new sites

30-Aug-2023 By Hannah Currie

Buttermilk fried chicken concept Wingers plans to double its estate by the end of the year as it opts to expand through the franchising route.

Confidence high amongst hospitality leaders despite ongoing cost and staffing challenges

29-Aug-2023 By James McAllister

Optimism among Britain’s hospitality leaders has risen for the third quarter in a row, the new Business Confidence Survey from CGA by NIQ and Fourth reveals.

Dishoom expects full profit recovery in 2023

29-Aug-2023 By Finn Scott-Delany

Dishoom neared £100m turnover in 2022 and expects to return to pre-pandemic levels of profitability in 2023, according to its latest filings to Companies House.

‘Material uncertainty’ over the future of Pizza Hut Restaurants as it looks to refinance debt - updated

29-Aug-2023 By James McAllister

Auditors have warned of a ‘material uncertainty’ over the future of Pizza Hut Restaurants as it looks to refinance almost £31m of its £73m debt pile.

Ziggy Green in Mayfair to relocate

25-Aug-2023 By Restaurant

Daisy Green Collection is relocating its Ziggy Green restaurant in Mayfair to larger premises.

Subway announces sale to Roark Capital

25-Aug-2023 By James McAllister

Subway has entered into an agreement to be acquired by affiliates of Roark Capital, the owner of US chains Arby’s and Buffalo Wild Wings, for a reported $9.55bn (£7.6bn).

Club Pret doubles discount ahead of international launch

24-Aug-2023 By Hannah Currie

Pret has doubled its Club Pret discount from 10% to 20% ahead of its international launch.

Delivery and takeaway sales see second successive month of growth

24-Aug-2023 By James McAllister

Britain’s top managed restaurant groups achieved year-on-year growth in delivery and takeaway sales of 4% in July, CGA by NIQ’s latest Hospitality at Home Tracker shows.

Vinoteca acquired by Breal Capital

23-Aug-2023 By Restaurant

Wine bar group Vinoteca has been bought out of administration, saving 150 jobs.

Peter Lloyd lines up third Sticky Mango restaurant in Islington

23-Aug-2023 By James McAllister

Chef restaurateur Peter Lloyd will open a third Sticky Mango restaurant late next month in London’s Islington.

Restaurant groups enjoy sales boost as wet weather dampens growth for pubs and bars

18-Aug-2023 By James McAllister

Britain’s managed market recorded the tenth successive month of year-on-year sales growth in July, the latest Coffer CGA Business Tracker shows, with restaurant groups enjoying a boost of over 10%.

Lucy Knowles named Cosy Club managing director

18-Aug-2023 By Restaurant

Loungers has appointed Lucy Knowles as managing director of its Cosy Club brand.

Pret secures Northern Ireland foothold

17-Aug-2023 By James McAllister

Pret A Manger will open its first site in Northern Ireland later this year in Belfast city centre.

How I Got Here: Gavin Adair

16-Aug-2023 By James McAllister

The Rosa's Thai CEO and former Wahaca commercial director on how he stays motivated, the best advice he's been given, and banning phones in restaurants.

Wine bar group Vinoteca's future uncertain

15-Aug-2023 By Restaurant

The future of wine bar and restaurant concept Vinoteca is in doubt after the company filed for protection from its creditors.

Proove doubles up in Sheffield with fourth pizzeria

14-Aug-2023 By Restaurant

Pizzeria brand Proove is opening its second Sheffield restaurant this week.

Caffè Nero predicts strong summer and autumn after sales uplift

10-Aug-2023 By Restaurant

Caffè Nero has announced ‘robust’ trading for the final three months of its financial year (1 March 2023 to 31 May 2023), including strong like-for-like sales growth taking sales to 112% of 2019 pre-pandemic levels.

UK’s top 100 restaurant groups see profits increase twelvefold

07-Aug-2023 By James McAllister

The UK’s top restaurant businesses have recorded a twelvefold increase in their profits, new research by UHY Hacker Young shows.

Latest opening: Arcade Battersea

04-Aug-2023 By James McAllister

There’s no sense of second-album syndrome to the much-touted follow up to Arcade’s original food hall at Centre Point, which has just launched within Battersea Power Station.

Creams signs nationwide franchise agreement to open within Tesco Cafés

01-Aug-2023 By James McAllister

Fast casual dessert brand Creams Cafe has signed a nationwide franchise agreement with Tesco Family Dining Limited.

Popeyes UK secures £50m funding package to drive next phase of growth

01-Aug-2023 By James McAllister

Popeyes UK has secured £50m of additional funding from private equity firm TDR Capital to accelerate its restaurant opening programme.

Dishoom plans ‘all-new offering’ for Brighton site

01-Aug-2023 By James McAllister

Dishoom’s forthcoming Brighton site will feature an ‘all-new offering’ from the group and open under a new name taken from the bars found in every one of its restaurants.

Chickpea Group adds Salisbury venue to its portfolio

01-Aug-2023 By Restaurant

The team behind the Wiltshire-based Chickpea Group have acquired a sixth pub that will reopen this summer.

Delivery and takeaway sales return to growth after 18 month decline

01-Aug-2023 By James McAllister

Delivery and takeaway sales at Britain’s leading managed restaurant groups in June were 4% ahead of the same month in 2022, CGA by NIQ’s latest Hospitality at Home Tracker shows.

I am Döner to open in Windsor

31-Jul-2023 By Restaurant

Kebab brand I am Döner will open its most southerly restaurant next month in Windsor.

The Lowdown: Wings & Rings

28-Jul-2023 By James McAllister

Popeyes UK has launched a wedding catering service for those looking to add a little Cajun spice to their nuptials.

McDonald’s plans small-format spinoff brand

28-Jul-2023 By James McAllister

McDonald’s is developing a small-format spinoff restaurant chain called CosMc’s, which it plans to test in a handful of sites in early 2024.

Megan’s to relaunch Parsons Green site as Ollie’s House

27-Jul-2023 By James McAllister

Neighbourhood-style restaurant group Megan’s has closed its site in London's Parsons Green ahead of plans to relaunch it next month under its ‘little brother’ pan-Asian brand Ollie’s House.

Pub growth comes ‘at the expense of restaurants’ as sunshine warms up managed groups' sales

26-Jul-2023 By James McAllister

Britain’s managed restaurant, pub and bar groups recorded a ninth successive month of year-on-year sales growth in June 2023, the new Coffer CGA Business Tracker shows.

Activist investor weighs bid for TRG divisions

24-Jul-2023 By Shwetali Sapte

Activist investor TMR Capital is plotting to break up The Restaurant Group (TRG), weighing a bid for two of its four divisions.

Heavenly Desserts reaches 50th site milestone

21-Jul-2023 By Restaurant

Dessert franchise Heavenly Desserts will open its 50th restaurant in the UK this month with a further five in the works.

Wagamama’s noodle lab returns to Soho

20-Jul-2023 By Restaurant

Wagamama’s noodle lab has returned to Soho, taking up residence at the group’s restaurant on Great Marlborough Street.

Tattu rebrands as Permanently Unique with new Greek/Med concept in the offing

19-Jul-2023 By Restaurant

Independent restaurant group Tattu has rebranded as Permanently Unique as part of plans to launch a new concept and grow the brand internationally.

Wagamama continues to trade ‘strongly’ as TRG toasts ‘very encouraging’ year-to-date performance - updated

19-Jul-2023 By Restaurant

The Restaurant Group (TRG) has announced a strong like-for-like (LFL) trading performance for the first half of the year with rising sales across its Wagamama, concessions and pubs divisions.