Operations
Private equity TriSpan acquires stake in Mowgli restaurant group
The deal was made under the private equity’s dedicated restaurant programme.
Private equity TriSpan acquires stake in Mowgli restaurant group
The deal was made under the private equity’s dedicated restaurant programme.
Caffè Nero reports sales reaching £150m for H1 FY2023
The coffee chain opened seven stores during the same period.
Nando’s increases menu prices by as much as 20%
This comes after an 8% increase last year.
DP Eurasia sees almost 77% full-year sales jump
Sales from its franchise stores reached $$223.82m.
Hedge fund Oasis takes 5% stake in The Restaurant Group
The Restaurant Group owns the Japanese-inspired restaurant Wagamama.
Investment fund Salonica Maroon raises stake in Creams Cafe
Plans to ‘turbo charge’ the dessert brand’s growth in the UK are now being set.
Boparan opens dining hub in Kidderminster
The hub will have the restaurant group’s famous brands.
Just Eat share price climbs as group beats profit loss prediction
The food delivery group is predicted to earn €225m this year.
Crussh secures buyer for pre-pack sale
More than 160 jobs were saved following the deal.
Byron Burger shutters 9 restaurants
This comes after the news that its operator is offloading the business.
Bakery cafe Cooplands sales grew by 30%
Inflation and tight consumer spending affect profits for the next 12 months.
Byron Burger owner to offload business
This latest development could see 21 of its restaurants close.
Restaurant Group enters into new £340m debt terms with lenders
The company owns brands such as Wagamama, and Frankie & Benny’s.
Just Eat Takeaway announces reorganisation of customer services operations
This could potentially lead to 170 job losses globally.
Casual dining Gusto Italian to open doors in Oxford
Customers can start booking their slots as early as now.
Caffe Nero sales balloon to 107% of 2019 levels
The premium coffee brand opened 14 new stores in Q1.
Robots to take over servicing customers at Sip & Stone Restaurant and Bar
SSP Group is experimenting with using robots to help with day-to-day tasks.
Commentary
People want experiences – but not at the cost of food & beverage