TGI Fridays owner Hostmore files for administration
This article was written by Restaurant Online Magazine. Click here to read the original article The future of the group had been in doubt since it abandoned plans for an…
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James McAllister
246 posts
Simon Rimmer closes final Greens restaurant
This article was written by Restaurant Online Magazine. Click here to read the original article A note on the vegetarian restaurant’s social pages yesterday (17 September) confirmed that the restaurant…
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Karen’s Diner ceases trading as owner ‘forced into liquidation’
🚨 Jeremy Frost and Patrick Wadsted of Frost Group Limited were appointed as liquidators for Viral Ventures UK after a winding up petition by a creditor. Viral Ventures UK owes over £400,000 and has ceased trading, impacting its 77 staff and over 2,500 clients with prepaid events. Karen’s Diner, part of Viral Ventures, retracted UK expansion after closing all but its London Angel site. They planned a summer pop-up tour from June to September. Clients with deposits for future events should contact credit card providers for potential refunds.
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Neat further reduces London estate as co-founder departs business
🏎 Neat, supported by Lewis Hamilton and Leonardo DiCaprio, closed its London Victoria restaurant last week, reducing its London presence to three locales in Soho, Camden, and Wembley. This follows the group's downsizing last year due to financial pressures and the closure of New York and Dubai outposts. Co-founder Zack Bishti departed the business, which was launched in September 2019 and planned for 1,000 global sites by 2030. Despite a $18m fundraise in 2023, Neat made a £7.9m loss in 2022 after a £3.2m loss previously. Neat rebranded in February 2023, dropping 'Burger' from its name and expanding its menu beyond fast food. The brand maintains one international site in Milan.
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Administrators ‘on standby’ as Hostmore scrambles to sell UK restaurants
This article was written by Restaurant Online Magazine. Click here to read the original article The Telegraph reports that administrators are ‘on standby’ after restructuring experts at Teneo were tasked…
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UKHospitality: ‘Businesses face devastating cliff-edge without further rates support’
This article was written by Restaurant Online Magazine. Click here to read the original article According to the trade body, a local pub could see an increase of £11,000 in…
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Ayo Adeyemi to ‘embark on a new chapter’ as he departs Akoko
This article was written by Restaurant Online Magazine. Click here to read the original article In a statement, Adeyemi said the time had come for him to ‘embark on a…
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What is with the UK’s current obsession with smash burgers?
This article was written by Restaurant Online Magazine. Click here to read the original article What makes a burger a smashed one?Smash burger are specifically ones where the patty has…
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Friday five: the week’s top restaurant stories
This article was written by Restaurant Online Magazine. Click here to read the original article – Steakhouse group Hawksmoor is looking to speed up the pace of its expansion as it…
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How Café François is bringing the spirit of a classic French canteen to Borough Yards
This article was written by Restaurant Online Magazine. Click here to read the original article Maison François is a very singular restaurant. Was a second site always part of the…
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