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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May- 2018 -17 May
34 Carluccio’s restaurants to close after it announces CVA
Italian restaurant chain Carluccio’s has announced it is to close 34 restaurants as part of a recently announced company voluntary agreement (CVA). As many 103 UK sites are also set to “exit” as part of restructuring at the company. The CVA, yet to be approved by creditors will see the…
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17 May
Gordon Ramsay’s flagship Maze to close following £3.8m loss
Gordon Ramsay’s flagship Maze restaurant in Mayfair is set to close after reporting a £3.8m pre-tax loss for the year ending August 2017. Kavalake, the holding company for the firm, will close the flagship outlet in January next year while it plans to open five new restaurant concepts overseas, including…
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17 May
Carluccio’s to address CVA rumours ‘this afternoon’
Italian restaurant chain Carluccio will issue a statement this afternoon regarding rumours of a potential company voluntary agreement (CVA), Catering Today can reveal. Accountancy firm KPMG is rumoured to be overseeing the restructuring of the business and did not deny the rumours when asked by Catering Today. The work would…
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16 May
Arrival of Abba restaurant thwarted by local residents
London’s Waterloo locals have stopped plans for an Abba themed restaurant in the area after it originally passed planning permission. The Waterloo Residents’ Alliance protested on the vacant land ahead of a key planning meeting and put up ‘Stop Mamma Mia Party’ signs. Lambeth Council received 198 objections and a…
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15 May
Hotel launches insect restaurant for National Insect Week
A hotel is launching a pop up restaurant that will only serve dishes that feature insects as part of National Insect Week. Grub Kitchen at Celtic Manor Resort will offer curried cricket pakora, toasted cumin, mealworm crepes alongside many other insect related delicacies. The restaurant will be launched in partnership…
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15 May
Number of restaurants in England up 13% since the recession
The number of restaurants in England has increased by 13% since the recession – from 22,230 in 2009 to 25,070 in 2018, says peer-to-peer lending platform, Lendy. Lendy says the sharp rise highlights just how intense competition in the UK restaurant market has become, as recent years have seen rapid…
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14 May
Miller Harris and M Restaurants to launch on-demand perfume
Perfumer Miller Harris and M Restaurants have announced a partnership with Odore, a vending and sampling platform, to bring on-demand fine fragrances to customers. Launched in September 2017, Odore’s platform operates as a vending machine and consumer insights data marketplace. The platform works by giving consumers complimentary samples of their…
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11 May
Wolfgang Puck to open London pop up restaurant
Restaurateur Wolfgang Puck is set to open a new pop-up restaurant in London’s Park Lane. Named CUT, the restaurant is set to bring a blend of Asian and French food to London in order to test the waters for a permanent location. A permanent branch of Spago, the restaurant with…
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11 May
Gaucho to cut 750 jobs as 22 Cau restaurants under threat
Argentinian restaurant chain Cau, owned by Gaucho, is set to cut 750 jobs and the future of all 22 of its restaurants is in doubt. Chain owners Gaucho have fallen out of love with the chain, and have brought in financial advisors KPMG to look at cost cutting options. KPMG’s…
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10 May
70% of consumers want restaurants to keep full price
New research has found that 70% of takeaway consumers would rather the full cost of food went straight to the restaurant as opposed to commission of up to 25% going to food delivery apps. The research by digital ordering technology provider Preoday, shows 82% of restaurants using door-to-door delivery apps…
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