A Week on the High Street - October 16th

16 October 2019 by Local Data Company

RETAIL AND LEISURE

UK Potato company Albert Bartlett have secured an arrangement to reopen and operate eight Spudulike sites. The now global potato firm, that was founded in 1948 in Scotland and provides more than 20% of the UK’s fresh potatoes, will reopen the quick-service brand in Livingston, Manchester, York, Glasgow, Greenhithe, Norwich, Bridgend and Leeds and is believed to be in talks to open a few more. 

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A Week on the High Street - October 9th

09 October 2019 by Local Data Company

RETAIL AND LEISURE

Thai Leisure Group, who operate under the brands of Taikhun and Chaophraya, have entered into a CVA after 90 percent of creditors approved the plans last week.  Founded in Leeds in 2005 the group operate 21 restaurants with Thaikhun being their casual dining chain and Chaophraya being a more ‘high-end’ offering.  The CVA will ensure they can ‘focus on investing in their sites and brands thereby ensuring the long-term success of the business’.

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A Week on the High Street - October 2nd

02 October 2019 by Local Data Company

LEISURE

Pizza Hut Delivery UK has started the roll-out of their new fast-casual concept that will see more than £1m invested in the company to convert the entire delivery estate.  Two versions are being tested;  Fast Casual Express which will offer either carry-out or express services eat-in and Fast Casual Delivery Hut will offer delivery, carry-out or eat-in within new dining areas. 

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A Week on the High Street - September 25th

25 September 2019 by Local Data Company

LEISURE

Hakkasan and Wagamama founder Alan Yau is to open three new restaurants in London next year:  The first two are understood to be Chyna, a 120-cover restaurant that offers a combination of Cantonese and modern European cooking, a water market from which guests can choose live seafood and an ‘extensive’ waterside terrace; Yau Grilling is more of an informal all-day operation and will offer a Japanese-inspired grill menu and oyster bar.  The third site is believed to be a second site for his Turkish street food brand Yamabahçe.

 

Bowling alley, ping pong and karaoke operator, Lane7, has launched their biggest site to date within the £47m Great Central Square regeneration scheme in Leicester with another five venues in the pipeline before the end of 2020.  The ‘super-site’ in Leicester will feature a 22,000 sq ft double-height shipping container-style entertainment village with food and drink offerings, tenpin bowling and other gaming attractions.

 

Mike Ashley’s Sports Direct has revealed a bid for the balance of shares of Goals Soccer Centres that it does not already own.  With an 18.93% stake, Sports Direct is already the largest shareholder and has offered 5p a share for the remaining shares.  The listed company operates 45 small-sided soccer centres across the UK and four in the US.

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A Week on the High Street - September 18th

18 September 2019 by Local Data Company

LEISURE

Private equity firm Connection Capital has acquired a small stake in Rosa’s Thai Café from TriSpan which will help Rosa’s target of a UK-wide roll-out over the next five years. Established in 2008 by Alex and Saiphin Moore, the restaurant chain is now run by ex-Wahaca director Gavin Adair as chief executive and former YO! chief executive Robin Rowland as Chairman. The investment will see the chain expand from the existing 17 restaurants mainly located in London to 45 sites that will consist of both restaurants and grab-and-go outlets. 

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A Week on the High Street - September 11th

11 September 2019 by Local Data Company

LEISURE

Abokado, the healthy eating London-based chain, has launched a CVA following a ‘sharp reduction in sales’ and being the victim of a ‘sophisticated’ banking fraud. In a statement the company said they are ‘taking measures to improve performance against prevailing headwinds’ and they hope the CVA will ‘mitigate and/or remove factors to underpin the short, medium and long-term viability of Abokado’.

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A Week on the High Street - September 4th

04 September 2019 by Local Data Company

LEISURE

Fish and Chip chain Deep Blue Restaurants has acquired Harry Ramsden’s from Boparan Restaurant Group(BRG) in a debt free deal that will see them become the largest player in the fish and chip market by a "considerable margin". They will add to their existing portfolio of 26 sites, located in the south and east of England, with all 34 Harry Ramsdens sites including those in Ireland and Malaysia. BRG said that the deal will “simplify” its business allowing them to focus on Giraffe, Ed’s Easy Diner, Fishworks and the roll out of its’ franchise Slim Chickens that will see the opening of its 5th site in Brunswick Square with more planned and the hope that their 6th site will open this side of Christmas.

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A Week on the High Street - August 21st

21 August 2019 by Local Data Company

LEISURE

Blackpool Pleasure Beach’s multi-million-pound regeneration has seen the opening of the £12m Boulevard Hotel. The site will offer 120 rooms including two park view suites and either coastal suites, a 90-seat signature restaurant The Beachside and the Shoreside Conference Centre which will cater for events for up to 200 delegates including weddings.

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A Week on the High Street - August 14th

14 August 2019 by Local Data Company

LEISURE
Food Cooperated bakery café chain, Muffin Break, is to open three new sites this month. The first Dorset site, an 80-cover café in the former Druckers Patisserie unit, will open in the Dolphin Shopping Centre in Poole and will be joined by sites in Hastings, East Sussex and Colchester, Essex on the 29th August.

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A Week on the High Street - August 7th

07 August 2019 by Local Data Company

LEISURE
Wrapchic, the fusion fast-food chain founded by Mahesh Raikarin 2012, has been bought out of administration in what is understood to be a pre-packaged deal.  At their peak the company operated 27 sites across the UK, but it is understood that there have been issues with some of its franchised sites.

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