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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Nov- 2018 -12 November
Restaurant Group plans rights issue to fund Wagamama purchase
The Restaurant Group (TRG) has announced it is a offer a discounted rights issue in order to fund its purchase of Wagamama. As many as 290 million new shares are set to be issued in a ‘13 for nine’ rights issue priced at 108.5p. Current shareholders and analysts have already…
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12 November
Chopstix launches new Westfield site
Chopstix, UK-based Asian quick service restaurant (QSR) brand, has opened a brand-new store, complete with next generation design at Westfield Stratford. The new opening, which brings to fruition a brand enhancement exercise for the business, will launch on the former Sticky Rice site. The newly designed store will place further…
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12 November
250 jobs at risk as GBK closures given the go-ahead by creditors
Creditors have given approval for burger chain GBK to close 17 underperforming restaurants putting 250 jobs at risk. GBK is currently undergoing a major restructuring plan which includes the renegotiation of rent alongside the closures. The company’s restructuring plan was announced after it claimed to suffer from increased competition and…
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12 November
Deal Pier Kitchen to launch with soft opening
The creators of Deal Pier Kitchen, Tim Biggs, 29, and Rebecca Hodson, 27, have announced that their all-day dining concept will open in December this year. The Deal Pier Kitchen is housed within the RIBA award-winning structure at the end of Deal Pier in Kent, which is owned by Dover…
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9 November
Paddy & Scott’s signs deal with TA Hotel Collection
Coffee supplier, Paddy and Scott’s, has signed a new four-year deal with TA Hotel Collection in East Anglia. Supplying coffee, machinery and training to the hotel groups’ hotels and restaurants, Paddy and Scott’s is hoping this new contract will raise the bar for coffee. As part of the new contract,…
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9 November
‘World’s first’ bleeding vegan burger restaurant to open in London
The “world’s first” dedicated bleeding vegan burger restaurant is set to open in London this December. Halo Burger, will open at Pop Brixton, claiming to offer “a new spin on fast food, pairing a nostalgic experience with good vibes and great tunes”. The restaurant will specialise in the ‘Beyond Burger’,…
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8 November
Independent Bristol restaurants partner for new bistro
Two independent restaurants in Bristol have teamed up to bring a new bistro offering to Clifton village. Wellbourne – which is headed up by Michelin trained chef Ross Gibbens, and critically acclaimed neighbourhood stalwart Wallfish Bistro – will now become Wallfish & Wellbourne Bistro and operate from Wellbourne’s current site…
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7 November
Black And White Hospitality launches international division
Black and White Hospitality has launched a new division that will focus on expanding its business globally. The hospitality business, which was co-founded by Marco Pierre White and Nick Taplin, has now signed a deal with RMAL Hospitality to form Black and White International. News on the deal will be…
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7 November
London restaurant closures hit ’28-year high’
The highest-ever number of restaurants closed in London in the last 12 months, according to the 28th edition of Harden’s London Restaurants guide. The capital has seen a record 117 closures – the highest since the guide was published in 1991- with 2003 having the previous highest number with 113…
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6 November
Restaurant insolvencies reach highest level in eight years
The number of restaurant businesses going bust has reached its highest level since 2010, jumping sharply in the first three quarters of 2018, according to data by accountancy firm Price Bailey. According to the firm, 1,123 British restaurant businesses became insolvent in the first three quarters of 2018, a 35%…
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