Closure
In this section, we report on restaurant, pub, bar, cafรฉ, and catering business closures across the UK, and the commercial, operational, and market factors behind them. From high-street exits and group-wide restructures to insolvencies, lease surrenders, and strategic site rationalisations, we cover the real-world impacts of rising costs, labour shortages, shifting demand, and margin pressures. We go beyond headlines to explain why closures are happening and what they mean for the wider sector. Whether you’re benchmarking performance or navigating tough decisions, we provide the context hospitality professionals need to stay informed.
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Sep- 2020 -9 SeptemberRestaurants
Pizza Hut to close 29 sites, 450 jobs cut
Pizza Hut has confirmed it is to close 29 sites as part of a Company Voluntary Agreement (CVA) that will see around 450 jobs lost. Pizza Hut Restaurants revealed it is currently negotiating a CVA in order to โmitigate the financial impact of Covid-19โ. It said PHR is โone of…
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7 SeptemberRestaurants
Pizza Express creditors approve CVA
Pizza Express has announced today (7 September 2020) that its creditors have approved its proposed company voluntary agreement (CVA). In a virtual meeting last week, 89% of all responding creditors voted in favour of the CVA, passing the 75% threshold, while 67% of responding unconnected creditors approved the proposal. The…
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7 SeptemberComment
The coronavirus diaries: Aaron Wilson, The Bow Bellsย
At The Bow Bells, we felt the effects of Coronavirus before the lockdown began. Around two-to-three weeks before we had to close, we saw a massive reduction in trade โ around a 70/80% drop. We knew immediately that this was going to be serious, so we began bringing in our…
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2 SeptemberCoronavirus
EOTHO scheme boosts restaurant spending by 34%
The UK Governmentโs โEat Out to Help Outโ (EOTHO) scheme saw diners spend 34.2% more at restaurants and fast food outlets on Mondays, Tuesdays and Wednesdays in August than they did in July. This is according to new data from Barclaycard, which showcased the โsuccessโ of the Government scheme. In…
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2 SeptemberComment
Why the food and beverage sector now faces major insurance challenges
Mactavish, the specialist outsourced insurance buyer and claims resolution expert, is warning companies operating in the food and beverage sector that any significant operational changes they have made in response to Covid-19 could place them in breach of their existing insurance policy terms, potentially leaving them unable to access crucial…
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1 SeptemberRestaurants
Rick Stein Marlborough restaurant to reopen on 4 September
The Rick Stein restaurant in Marlborough will reopen its doors on Friday 4 September. The Wiltshire venue was previously marked for closure due to Covid related cuts, however after a rent reduction from the landlord the decision has been reversed. The Stein family said they are โexcitedโ to welcome guests…
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1 SeptemberNews
Vanilla Black announces closure
Vanilla Black, a vegan and vegetarian restaurant based in Holborn, will not reopen following the Covid-19 pandemic. The restaurant, known for its gourmet vegetarian cuisine and art-deco inspired dining room, held two AA rosettes and was listed in the Michelin guide. Co-owners Andrew Dargue and Donna Conroy, who founded the…
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Aug- 2020 -27 AugustRestaurants
Wahaca to shutter a third of sites
Wahaca is set to shutter more than a third of its sites, following impacted sales due to the Covid-19 pandemic.ย The group is now planning to close 10 of its 28 sites. Branches affected by the closure include sites in Bluewater, Kent; St Pauls, London; Liverpool; Manchester and Bristol.ย Alongside…
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26 AugustPubs and Bars
Greene King announces rent concessions for tied tenants
Greene King Pub Partners has announced a further ยฃ6m of financial support for its leased and tenanted partners, as they work to rebuild their businesses following the Covid-19 closure. The current rent concessions from Greene King Pub Partners are due to come to an end eight weeks after reopening. The…
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24 AugustPubs and Bars
ย JD Wetherspoon warns of loss following pandemic
JD Wetherspoon has announced that like-for-like bar and food sales were down by 16.9% in the 44 days to 16 August 2020, adding that it expects to make a loss for the year ended 26 July, 2020.ย In its latest trading update, the pub chain noted that sales have gradually…
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