All Food & Beverage articles – Page 4
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OnlineCasual Dining Group to close 91 sites as it falls into administration
Bella Italia owner Casual Dining Group (CDG) will permanently close 91 sites after it slipped into administration today.
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News
Wetherspoons agrees to defer rent payments until 2021 or go monthly
Pub giant JD Wetherspoons has forged deals with landlords to pay zero rent now and defer payments until next year or switch to monthly payments.
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Online
Byron files notice to appoint administrators
Burger chain Byron has filed a notice to appoint administrators today, becoming the latest casual dining chain to suffer as a result of Covid-19.
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Online
Pret A Manger looks to slash rental bill amid sales slump
Food chain Pret A Manger is reportedly looking to pay just over 30% of its rental bill for the next quarter, citing a slump in sales during the lockdown.
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News
Wasabi bids for turnover-based rents
Japanese restaurant chain Wasabi has appointed KPMG to lead discussions with landlords to negotiate a switch to turnover-based rents.
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Online
The Restaurant Group confirms restructuring talks with landlords
The Restaurant Group has confirmed it is in discussions with landlords regarding “potential restructuring options” for its real estate portfolio.
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Online
Boxpark on the hunt for new sites
Hospitality operator and developer Boxpark is on the hunt for more sites across the UK.
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News
Frankie & Benny’s owner will permanently close up to 120 sites
Frankie Benny’s owner will not re-open up to 120 restaurants after the coronavirus lockdown has eased.
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Online
Hospitality sector braces for new restrictions
The UK hospitality sector will face new restrictions when it reopens.
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Online
Pret A Manger and Leon call in advisors
Pret A Manger has hired restructuring advisors Alvarez Marsal and CWM to help renegotiate rents, according to The Sunday Times.
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Online
Deliveroo teams up with industry experts to navigate recovery of restaurant sector
Food delivery service Deliveroo has teamed up with industry experts to accelerate the recovery of the restaurant sector.
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Insight
Time to serve up new restaurant leasing models
Editor: While it is an uncertain time for restaurant operators to think of acquisitions, this climate might prove a new dawn for trialling new approaches to leasing.
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News
Bar operators eye ‘meanwhile’ sites
Restaurant and bar operators are on the hunt for large, open-air ‘meanwhile’ sites as the government considers allowing hospitality operators to turn public spaces into al fresco drinking and dining establishments.
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Online
Café Rouge owner set to appoint administrators
Casual Dining Group has filed a notice to appoint administrators as it struggles to cope with the impact of Covid-19.
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Insight
Who will pick up the bill in the restaurants sector?
Editor: What lies ahead for the mainstream restaurant sector? The bottom line is that lower occupancy will be the new norm until the perceived risk subsides.
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News
Landlords to take on Hiscox over non-payment of insurance claims
The owners of more than 100 nightclubs, pubs and bars are preparing to take legal action against insurer Hiscox relating to the non-payment of business interruption claims made as a result of Covid-19.
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Professional
The hospitality industry has been hit hard by lockdown
The hospitality industry is a huge part of the UK, both economically and as the backdrop to our memories and experiences. Recent growth has seen our dining scene become one of (if not the!) best in the world.
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News
Greggs plans to reopen shops
Greggs plans to reopen 20 shops in the Newcastle area from next Monday, with more to follow across the country.
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News
Restaurant chain giants back call for nine-month rent break
Burger King and Pret A Manger among the big brands throwing weight behind a campaign calling for a rent holiday.
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News
City Harvest partners with restaurants and supermarkets to distribute food to the vulnerable
Over the last three weeks food charity City Harvest has recovered 182 tonnes of food and delivered 423,700 meals to charities making food parcels for vulnerable groups, including NHS workers.
