Restaurants
The latest news and updates on restaurants, from the business journalists at Catering Today. We bring you the latest on what’s happening in the restaurants, bars and catering industry, with exclusive stories, analysis, best practice and industry comment.
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Jul- 2022 -18 July
Tortilla revenue soars 60% in H1
Tortilla has welcomed strong top-line growth during the first half of FY22, with group revenue soaring 60% to £26.9m, or an increase of 55% excluding the impact of the Chilango acquisition. The group said this performance was underpinned by growing customer demand for Tortilla’s food as well as the group’s…
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15 July
Turquaz set to open on Jewry Street in Winchester
Authentic Turkish restaurant chain, Turquoise Group, is set to open its 15th Turquaz restaurant on 18 Jewry Street in Winchester. The opening date is currently set for early September 2022. It is reported that a new 15-year lease has been agreed on the Grade II-listed city centre property, which comprises…
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14 July
Crerar Hotels dishes up four new head chefs
Crerar Hotels Group has welcomed four new senior members to its growing culinary team, with the ambition to “drive the food and beverage offering and ‘field to fork’ positioning within its portfolio of properties”. It has appointed new head chefs to Thainstone House, Balmoral Arms, Isle of Mull Hotel and…
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14 July
Chopstix launches Canary Wharf flagship with ‘outstanding’ sales
Chopstix Noodle Bar has opened its new flagship in Canary Wharf which has seen an “outstanding” opening week of trading, having already established itself as one of the top five performing stores in the Chopstix estate. The Chopstix Canary Wharf opening represents a “significant statement of intent” from the QSR…
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13 July
Loungers targets 30 new sites amid ‘record’ year
Restaurant and Bar group Loungers has revealed it is targeting 30 new sites this year after experiencing a “record” period of trading. For the 52-week period ended 17 April 2022, Loungers reported revenues of £237.2m, up from £78.3m the previous year. The group also revealed Adjusted EBITDA of £53.6m, up…
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13 July
Benugo launches new concept store at St Pancras
Benugo has opened a new concept store at St Pancras International which it, and has said it hopes to roll out at other major transport hubs.The new opening features two distinct offerings: a Café Deli and a Café Bar. Both offerings will be open each day until 9pm. The brand…
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12 July
Scotts to open second location in Richmond
Scott’s has revealed it is set to open its second location in the heart of Richmond mooring up on the bank of the River Thames this autumn. Residing on Whittaker Avenue, the riverside restaurant will span across two floors the lower with an crustacean bar serving oysters, wine, Champagne and…
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12 July
Chopstix opens first Haven site amid ‘record’ sales
Chopstix Noodle Bar has opened its first location in partnership with holiday park Haven this month, with the site on track to be the highest turnover store in Scotland. The opening at Haven’s Craig Tara park in Ayrshire, Scotland, marks the group’s first foray into holiday parks. It has also…
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12 July
The Restaurant Group acquires Barburrito
The Restaurant Group has acquired Mexican style fast-casual restaurant chain, Barburrito, for £7m, an asking price that is said to represent a run-rate EBITDA multiple of 4.4x for the next 12 months. It is reported that Barburrito focuses on serving fast, fresh and healthy Mexican food, and operates across 16…
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11 July
Gusto to open Oxford site by end of year
Gusto Italian has announced the latest step in its expansion strategy, with its 14th site set to open in Oxford by the end of the year. The new Gusto Italian restaurant and bar will open in the Mitre Hotel building on Oxford High Street, with further ambitions to open its…
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