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- 2020 -17 July
Rick Stein to launch Stein’s on the Quay
The Rick Stein team has announced the launch of its new pop up restaurant Stein’s on the Quay in Padstow for summer 2020. The restaurant will be run by head chef Nick Evans and his team will aim to be serving up the “freshest Cornish catch of the day”. Stein’s…
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16 July
Pizza Express set to fall into hands of its lenders
Pizza Express is reportedly set to fall into the hands of its lenders, possibly as early as this month, which could lead to the possibility of store closures. According to the Financial Times, its lenders are in talks with its Chinese owners Hony Capital for a debt-for equity swap with…
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16 July
Bistrot Pierre collapses into administration
KPMG has revealed it has led the administration of restaurant group Le Bistrot Pierre. The firm confirmed that restructuring practice members, Will Wright and Steve Absolom, were appointed joint administrators of the French-style restaurant chain. Following their appointment, the business and certain assets were “immediately” sold to Bistrot Pierre 1994…
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15 July
Vapiano to reopen UK sites following acquisition
Property specialist Harper Dennis Hobbs has been appointed by Italian restaurant chain Vapiano to help secure the future of the business in the UK. Following Vapiano’s parent company entering administration in Germany, the brand and the majority of its sites were purchased by Love and Food Restaurant Holdings led by…
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15 July
The Coconut Tree announces phased reopening
Award-winning Sri Lankan bar and restaurant group The Coconut Tree has announced a phased reopening schedule for all six sites across England and Wales. The street food chain will reopen its Cardiff restaurant – the only one in Wales – on Wednesday 22 July; in line with guidelines set out…
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14 July
Frankie & Benny’s unveils reopening plans
Frankie and Benny’s has confirmed the six restaurants have now opened for dine-in service, having previously opened for both click-and-collect and delivery. Its parent group, the Restaurant Group, plans to open all 35 Frankie and Benny’s sites by the end of the month. The six restaurants now open for dine-in…
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14 July
Michelin-starred restaurant Pensons to reopen on 15 July
Michelin Star restaurant, Pensons, has announced the reopening of its site from tomorrow (15 July). The only Michelin-starred restaurant on the Herefordshire/Worcestershire/Shropshire border has revealed the social distancing measures put in place, which includes tables being “much more widely spaced” than the government guidance and the front of house team…
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13 July
Former TGI owner in talks to buy Casual Dining Group
Epiris, the former owner of TGI Friday’s, is reportedly in talks to acquire the Casual Dining Group from administrators. According to Sky News, the former backer of TGI is currently the frontrunner to acquire the restaurant group and while no deal has yet to be confirmed Sky sources said a…
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13 July
Delayed Saffron Summer restaurant to finally open
Saffron Summer, a sister restaurant to the eponymous Indian fine dining restaurant in Chessington, is to open in Reigate in Surrey tomorrow (14 July). The restaurant which occupies the site of the former Clove restaurant at 15 Church Street in Reigate, had originally been due to open in March, before…
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10 July
The Restaurant Group secures £50m loan
The Restaurant Group has revealed it has accessed £50m from the Government CLBILS scheme, in a loan supported by Lloyds Banking Group. The operator said the move will give it “increased flexibility”, alongside the group adding an additional £10m to its overall committed debt facilities. The operator has also agreed…
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