Marco Pierre White has announced the opening of a new restaurant in Salisbury, The Marco Pierre White Steakhouse Bar & Grill. The new restaurant will have 80 covers and is located at The Stones Hotel just in time to start to welcome customers towards the end of the summer. Replacing the hotel’s on-site restaurant, the move to open one of the famed chef’s … [Read more...]
TGI Fridays rebrands as Fridays
Fridays is set to re-open the doors for dining at 66 locations on Monday 6th July, and will on the same day reveal a new brand. The changes will be unveiled at six restaurants, with new elements introduced across the rest of the estate. Fridays first opened in New York in 1965, now 55 years later, it’s proudly celebrating its unique heritage. Its simplified menu … [Read more...]
McDonald’s hail digital channels for reopening results
McDonald's have released details of worldwide financial performance during the COVID-19 crisis. Strong digital reach and delivery systems are credited by McDonald's leading to optimistic sentiment in its strategy to deal with the impact from Covid-19 globally. With about 95% of McDonald's restaurants now operational across the world, sequential improvement in … [Read more...]
New ‘biggest beer garden’ to open in Glasgow
Glasgow's Rotunda building in Finnieston has revealed plans for Glasgow's ‘biggest beer garden’ as soon as lockdown restrictions allow. Cranside Kitchen will be a new free-to-enter outdoor venue, open seven days a week with a food market and beer garden. Under the new plans, the areas currently used for parking and private patios, will be used as an outside space to offer … [Read more...]
Just Eat acquires Grubhub – for $7.3 billion
Just Eat acquires Grubhub In a move that creates the largest food delivery business in the world Just Eat Takeaway has confirmed the acquisition of US Grubhub for $7.3 billion. The $7.3 billion deal is an all shares takeover that still requires a vote of approval from both shareholder groups, seeing Grubhub’s shareholders own 30% of the merged group. The new group will … [Read more...]
McDonald’s opening walk in at 11 restaurants next week
McDonald's will reopen some of its restaurants next Wednesday to diners that wish to walk in and collect their food. The openings will be at 11 restaurants located in Roadchef service stations on 17th June, allowing diners to enjoy a visit ‘in’ for the first time since the lockdown was imposed in March. The QSR has said that only limited numbers of people will be … [Read more...]
Swiss insurer pays restaurants on Covid-19 claims
Swiss insurer Helvetia in a statement confirming shareholders of its ability to acquire Spanish insurer Caser has also released information on Covid-19 pay-outs to restaurants. The statement from Helvetia’s website reads: “The settlement solution for Swiss gastronomy companies with a pandemic exclusion in their epidemic insurance has since been implemented and well … [Read more...]
Dunkin’ into long term investment in hospitality careers
At a time of record unemployment in the US one QSR is investing in the long term futures of its franchisees and their employees, Dunkin’. As the US hospitality industry is planning to reopen the main focus for Dunkin’ currently, still better known as Dunkin’ Doughnuts, is doing so by investing in long term future careers with the brand. The investment is in offering … [Read more...]
Pizza chain acquires 14 outlets from pub group
Three Joes, the sourdough pizza and craft beer restaurant chain, has acquired the fourteen strong £15 million turnover ‘The Stable’ pizza chain portfolio from pub group Fullers. The price of the acquisition is undisclosed and sees Three Joes expand its geographical spread through additional outlets across the south west and midlands. Tim Hall, Chief Executive and … [Read more...]
Three more casual dining chains go to market
KPMG is advising Azzuri Group on the sale of casual dining chains, ASK Italian, Coco di Mama and Zizzi. This is the latest in a spree of casual dining chain restaurant sales that has seen brands like Carluccio’s sell at bargain basement prices. KPMG have been actively contacting potential buyers on behalf of Azzurri Group, owned by the private equity firm Bridgepoint, with a … [Read more...]
Landlords may look back at restaurant rent decisions…
High street restaurant chain outlets will be far fewer in numbers by the time most UK high streets reopen, and many familiar names will be different or have new owners and operators. The casual dining restaurant sector has struggled in recent years and now amidst the Covid-19 crisis has one simple objective, survival. Cash has always been king in business and now … [Read more...]
Gordon Ramsay Restaurants Qatar – announce immediate closure
Gordon Ramsay Restaurants earlier today announced: "that effective immediately we have taken the decision to terminate our agreements at the property (The St Regis Hotel Doha, Qatar) and the restaurants will be closed on a permanent basis." Gordon Ramsay Restaurants Qatar - Restaurant Opal by Gordon Ramsay Doha Overlooks the Arabian Gulf, and was widely acknowledged as … [Read more...]
US restaurant acquisition pace quickens
The US and the UK have much in common including economies that run along similar lines. So, we like to keep our eyes and ears open to what’s going on in the American hospitality industry. Patterns either side of the Atlantic are often insights to the other. Restaurant chain CraftWorks, the parent company of casual dining brands Logan’s Roadhouse and Old Chicago Pizza & … [Read more...]
Nando’s accelerate reopening
Nando’s accelerate reopening - Following a reopening trial of 4 London restaurants and 2 in Manchester Nando’s are now accelerating reopening with 54 more being rolled out. The accelerated reopening process started earlier this week with both click and collect and delivery services. One particular focus of the plan is to focus on all staff wearing full PPE, which as … [Read more...]
