Coronavirus

PizzaExpress CVA approved 73 restaurant closures 1,100 jobs at risk

PizzaExpress CVA approved

By James McAllister

PizzaExpress' company voluntary arrangement (CVA) proposal, which will see 73 of the group's restaurants closed and 1,100 jobs put at risk, has been approved by creditors.

YO! CVA approved 19 restaurant closures Japanese sushi group

YO! CVA approved

By James McAllister

YO! has confirmed it is to permanently shutter 19 sites after its Company Voluntary Arrangement (CVA) proposal was approved yesterday (1 September) by creditors.

London vegetarian fine dining restaurant Vanilla Black announces permanent closure Coronavirus

Vanilla Black announces permanent closure

By James McAllister

Restaurateurs Andrew Dargue and Donna Conroy have announced that their innovative vegetarian fine-dining restaurant Vanilla Black will not reopen on it’s current site in London's Holborn.

Big Mamma confirms Covent Garden restaurant opening

Big Mamma confirms Covent Garden opening

By James McAllister

Restaurant group Big Mamma is to go ahead with its plans to open a third London restaurant, in Covent Garden, despite the current challenging trading environment.

Wahaca to close 10 restaurant sites as it considers CVA

Wahaca to close 10 sites as it considers CVA

By James McAllister

Wahaca is to permanently close more than a third of its estate and is considering a Company Voluntary Arrangement (CVA), as it works to secure its future.

Top Cuvée to open permanent retail space Shop Cuvée London Highbury

Top Cuvée to open permanent retail space

By James McAllister

Top Cuvée founders Brodie Meah and Max Venning are to expand their online retail offshoot into a permanent site located just around the corner from restaurant mothership in London's Highbury.

Wasabi launches CVA proposal

Wasabi launches CVA proposal

By James McAllister

London-centric sushi and bento brand Wasabi has announced the launch of a Company Voluntary Arrangement (CVA) proposal to help protect the business against the 'profound impact' of the Coronavirus pandemic.

Greene King posts £273m losses

Greene King posts £273m losses

By Finn Scott-Delany

Greene King’s revenues were down 13.4% to £1.9bn in the full year to 26 April 2020 with its pub business worst hit by the Coronavirus.

Aberdeen lockdown extended for a third week

Aberdeen lockdown extended for a third week

By James McAllister

Hospitality venues in Aberdeen, Scotland, will have to remain closed for a third week, after Nicola Sturgeon announced another extension to the city's local Coronavirus lockdown.

YO! eyes 19 closures as it launches CVA sushi Coronavirus

YO! eyes 19 closures as it launches CVA

By James McAllister

YO! has set out a Company Voluntary Arrangement (CVA) proposal that will see 19 of its sites closed, with a loss of up to 250 jobs.

Friday Five: The week's top news

Friday Five: The week's top news

By James McAllister

We round-up some of the main hospitality news stories from the past week including the UK plunging into recession, and fears over the future of the hospitality jobs market.

GBK exploring 'all options' for long-term sustainability Coronavirus

GBK exploring 'all options' for long-term sustainability

By Georgia Cronin

Gourmet Burger Kitchen's parent company Famous Brands has said it is continuing to explore “all options” to ensure the long-term sustainability of the brand in the wake of the Coronavirus crisis.

Photo credit: the Wine Window Association

The Lowdown: Window service

By James McAllister

From kebabs being served out of a domestic kitchen window, to the revival of a medieval tradition, a number of businesses have begun to explore unique ways of reaching customers.

Pret a Manger cuts staff hours by 20% Coronavirus restructuring

Pret cuts staff hours by 20%

By James McAllister

Pret a Manger says it has asked thousands of its staff to work fewer hours as part of its post-Coronavirus restructuring.