Wagamama
Coverage focuses on the performance, expansion, and brand strategy of the UK’s leading pan-Asian casual dining chain, known for its open kitchens, communal seating, and fast-casual service model. Reporting includes new site openings, delivery and click-and-collect rollouts, vegan and seasonal menu innovation, tech-enabled ordering, and group-level developments under parent company The Restaurant Group. Insight is designed for operators tracking high-volume branded dining, consumer health trends, and competitive movement across the mid-market segment.
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Feb- 2023 -22 FebruaryNews
Oasis reiterates ‘need for transparency’ amid Wagamama’s performance
Oasis, the Hong Kong-based activist investor, has again reiterated the need for transparency from The Restaurant Group (TRG) – the owner of Wagamama – following a response to its open letter which demanded sweeping changes after a 65% slump in share over the past year.In an open letter last week,…
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17 FebruaryRestaurants
TRG welcomes shareholder calls to restore market confidence
The Restaurant Group (TRG), the operator of Wagamama, has welcomed constructive input from its shareholders at the Oasis Management Company, who issued the company a letter yesterday (16 February) calling on it to restore market confidence. In this letter, Oasis outlined a proposal for a governance review, which included a…
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Dec- 2022 -8 DecemberRestaurants
Poke House appoints co-country head
Poke House has announced the appointment of Robert Wickenden as UK co-country head as the brand expands its presence in the market. Wickenden joins Poke House after two years overseeing Deliveroo’s expansion across international markets. Prior to his role at Deliveroo, he has held a number of roles focused on…
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Sep- 2022 -8 SeptemberRestaurants
The Restaurant Group sees H1 profits hit £41m
The Restaurant Group has reported profits before tax of £41.7m for the first half of 2022, compared with £11.2m during the same period the year prior. The results, from the 26 weeks to 3 July 2022, saw total sales at £423.4m, compared with £216.8m for the same period the year…
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5 SeptemberPubs and Bars
Wagamama and Turtle Bay sign 15-year leases at The Brewery
Restaurant brands Wagamama and Turtle Bay have secured lettings at The Brewery in Romford, Essex, through a recently-acquired prime supermarket anchored, retail warehouse and leisure scheme by Schroders Capital UK Real Estate Fund (SCREF). Wagamama will move into a 3,478 sq ft unit in the shopping centre on a 15-year…
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Aug- 2022 -16 AugustRestaurants
Wagamama launches new sustainable packaging initiative
Wagamama announced the launch of its new cPET packaging after four years of planning and advice from plastic experts. The new packaging is said to reduce the brand’s carbon footprint of its most popular dish, the katsu curry, by 62%. It is reported that this launch will replace more than…
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Jul- 2022 -15 JulyRestaurants
Turquaz set to open on Jewry Street in Winchester
Authentic Turkish restaurant chain, Turquoise Group, is set to open its 15th Turquaz restaurant on 18 Jewry Street in Winchester. The opening date is currently set for early September 2022. It is reported that a new 15-year lease has been agreed on the Grade II-listed city centre property, which comprises…
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4 JulyRestaurants
The Restaurant Group appoints non-executive director
The Restaurant Group has announced the appointment of Loraine Woodhouse as a non-executive director. She joins the company’s board as of today’s date (4 July) and will become a member of both the audit and nomination committees. Woodhouse is currently a non-executive director and chair of the audit committee at…
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May- 2022 -16 MayNews
TRG faces investor backlash over CEO bonus
The Restaurant Group (TRG) is facing a potential backlash from the Institutional Voting Information Service (IVIS) as the company’s chief executive, Andy Hornby, has received the highest pay since 2017, while benefiting from government support. According to the Guardian, the Institutional Voting Information Service (IVIS), which is part of the…
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Apr- 2022 -4 AprilRestaurants
Wagamama reopens all airport restaurants
Wagamama has announced that it is to reopen all of its airport restaurant locations in order to “meet the demand for international holidays”. The airport restaurants are the last to reopen after the pandemic closed all restaurants following the national lockdown two years ago. It said this final phase of…
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