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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Jun- 2018 -7 June
Deliveroo announce new tech to ‘save restaurants millions of pounds’
Deliveroo has announced it is rolling out new technology that it claims will “save restaurants millions of pounds” by automatically updating restaurant sales systems in real time. The food delivery app company says initial tests showed a “dramatic cut in the order processing time” from two and a half minutes…
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7 June
TriSpan acquires majority stake in Rosa’s Thai Cafe
TriSpan, a global private equity firm, has announced that Rising Stars, its restaurant platform, has acquired a majority investment in Rosa’s Thai Cafe. Rosa’s managing director Gavin Adair will lead the group in its next phase of growth. He will be supported by Robin Rowland, former YO! CEO and TriSpan…
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6 June
Alice’s Restaurant in Kent closes just six months after opening
One of Kent’s newest restaurants has closed just six months after its opening, as it served its last customers on 27 May. The restaurant has blamed poor profits following bad weather on the high street for the closure. The restaurant previously named The Tipsy Pigeon and Paul’s Restaurant, served a…
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6 June
Busaba Eathai closes all restaurants outside London
Busaba Eathai has now closed all of its branches outside of London after reporting pre-tax losses of nearly £18m. The Thai restaurant chain’s only remaining restaurant outside of the capital was St Albans. The chain also acquired premises in Leeds in 2016 but financial woes and recent closures cast doubt…
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6 June
Eat’s bread leftovers to be used for Toast Ale craft beer
Sandwich chain Eat has announced a new partnership with Toast Ale to give its leftover bread to the beer company for brewing purposes. The bread will be used in the production of craft beers that will be sold in Eat’s five licenced premises. Eat is using the partnership as a…
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5 June
Wagamama set to look for new owner
So-called pan-Asian food chain Wagamama has appointed Goldman Sachs to “review strategic growth options for the business” as it looks to expand into the US. It has been reported that the options put forward by Goldman Sachs will include a potential sale of the company. Wagamama said in a statement:…
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5 June
The Coconut Tree to expand across the UK
Sri Lankan restaurant chain The Coconut Tree has announced plans to expand throughout major UK towns and cities, appointing leisure property specialists Fleurets to lead the expansion. The chain currently has sites in Cheltenham and Oxford and have agreed terms on a site in central Bristol. It is now looking…
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5 June
Rosa’s Thai restaurant chain on the brink of sale
Thai restaurant chain Rosa’s is on the brink of selling a majority shareholding to US private equity company Tri Span this week. Founders Alex and Saiphin Moore are still set to be involved with the chain as minority shareholders while the company expands overseas. Tri Span has been buying up…
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4 June
UK crab crisis continues as restaurants warn it could go on for ‘years’
Restaurants across the country have been pulling crab dishes from menus as fishermen report low catch rates. Fishermen from Norfolk and the south of England reported winter storms have killed many young crabs, however they say there is still an unknown factor causing the shortage. Some restaurants approached by Catering…
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1 June
Harry Ramsden to offer £20,000 of free food as part of National Fish and Chip Day
Harry Ramsden is to offer £20,000 of free fish and chips as part of National Fish and Chip Day, as customers served with a ‘golden fork’ will not have to pay for their meal. The fish and chip chain celebrates 90 years in business and has announced a new menu…
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