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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Oct- 2024 -7 October
D&D London closes in on TGI Fridays rescue deal
TGI Fridays is close to a rescue deal with D&D London owners Breal Capital and Calveton as they could look to acquire the majority of the business as early as today (7 October 2024), according to Sky News. Sky News has learnt that the rescue deal will salvage more than…
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4 October
Harbour House pub owners acquire Hooked on the Rock
Tamara Costin and William Speed, owners of Flushing’s Harbour House, a waterside Cornish pub, have purchased Hooked on the Rock, a seafood restaurant, at Swanpool Beach in Falmouth, for an undisclosed sum. The acting agent on the sale was Jeremey Beaching of SPC Property who was also the agent responsible…
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3 October
Penmaenuchaf Dolgellau appoints new head chef
Penmaenuchaf in Dolgellau, Gwynedd, has announced the appointment of Dan Andree as its new head chef. Currently head chef at Seren’s Oxwich restaurant, Beach House, Andree will replace current head chef Thomas Hine at Penmaenuchaf, ahead of his return to chef contracting. Throughout his role at Beach House, Andree has…
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2 October
Trio of F&B brands to open at Festival Place
Boswells, Heavenly Desserts and Wagamama are set to open new locations at the shopping destination in Basingstoke. Opening in Bedford Square, Boswells is a family-run cafe business established in 1972, operating throughout the South, South West and Wales. The cafe will offer a menu of made to order food, including…
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Sep- 2024 -24 September
D&D London owners in talks over TGI Friday’s rescue deal
Breal Capital and Calveton, owners of D&D London, are reportedly in talks over a bid to rescue the UK operations TGI Friday’s, according to Sky News. TGI Friday’s UK parent company Hostmore fell into administration last week (19 September). Industry sources told Sky the deal was likely to see the…
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24 September
Newcastle’s Landmark Oriental restaurant looks for new owners
Landmark Oriental, a restaurant and bar in Newcastle upon Tyne, has recently hit the market. Occupying a “prominent” position on Stowell Street, also known as China Town, Landmark Oriental is positioned amongst an established drinking and dining circuit, and the long-established business is considered a “household name” in the city…
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24 September
Five Guys European sales surge £90m in 2023
US burger chain Five Guys has reported that sales at its European arm rose by more than £90m to £542.9m for the year to 31 December 2023. According to the group’s accounts with Companies House, pre-tax losses were also reduced from £35.6m to £16.2m over the same 12-month period. In…
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23 September
Briar restaurant opens at Number One Bruton in Somerset
Briar, the debut restaurant of chef Sam Lomas, has opened its door at Number One Bruton in Somerset. The restaurant marks a partnership between Sam Lomas and husband-and-wife team Claudia and Aled Rees, owners of the Number One Bruton hotel. Briar is a “neighbourhood restaurant”, with a menu that celebrates…
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20 September
Wingstop UK appoints head of acquisitions amid expansion plans
Wingstop UK has announced the appointment of Adrian Saunders as its new head of acquisitions. Saunders previously led the acquisition of approximately 90 restaurants for The Restaurant Group, including Frankie and Benny’s and Chiquito locations. He also successfully acquired 45 prime high street and shopping centre sites for Wagamama, including…
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19 September
Pubs outperform licensed sector despite ‘disappointing’ weather
Managed pubs have outperformed the licensed sector as a whole in August, with year-on-year growth of 2.9% despite disappointing weather, according to the latest edition of the CGA RSM Hospitality Business Tracker. Restaurants recorded a 0.8% increase, while the on-the-go segment achieved 5.0% growth. However, bars continued a long run…
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