Prezzo
Prezzo is a restaurant chain serving mostly Italian cuisine in the United Kingdom and Ireland.
Restructuring wipes 34% of Prezzo Italia estate to save margins
Restructuring wipes 34% of Prezzo Italia estate to save margins
The group is prioritising a simplified menu and forty site refurbishments to combat a gross profit margin that dipped below 40%.
Prezzo bounces back after closing 46 restaurants
This comes after a £30.09m loss in 2022.
English High Court approves Prezzo restructuring plan amidst opposition
Legal firm Mayer Brown comments on the ruling.
Prezzo braces for court showdown with landlords amidst restructuring: report
The brand announced last month that it plans to close 46 outlets.
Prezzo promotes Dean Challenger to CEO role
The brand also named Gwion Iwan as their operations director.
Prezzo launches rewards scheme for employees
The scheme sees employees being given free membership to Epoints, allowing them to earn cash back on purchases.
Prezzo, Itsu announce pay rises amidst recruitment crisis
The sector is refining their approaches to staff retention.
