All Itsu articles – Page 4
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NewsItsu hopes to cut rents on 53 sites in CVA
Itsu plans to close two and cut rents on 53 of its sites by means of a company voluntary arrangement.
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Analysis & InsightAnalysis: Clinging to life in the ghost town
London, you may have heard, is a ghost town. In the latest round of borderline dystopian statistics to surface as a result of the pandemic, just 7,000 of the 120,000 workers based in Canary Wharf are back at their desks. And although office workers across the capital may be thrilled to be without the twice daily commuter Hunger Games, for those in hospitality, a few stifling minutes on the Central line is a non-issue if the alternative is unemployment. In the last month alone, city-based to-go brands including Wasabi, Tossed, Pret and most recently Itsu have appointed advisors to assess their options, but whilst, historically, the mention of advisors might ring alarm bells, faced with the current economic climate, it could be time to shed the stigma.
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NewsItsu explores restructure
Itsu has become the latest high street name to appoint advisors to explore a potential restructure.
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NewsDeliveroo and restaurant CEOs warn of grave damage ahead
Deliveroo has teamed up with a host of restaurant CEOs including Itsu Founder and CEO Julian Metcalfe, Pret CEO Pano Christou, Wagamama CEO Emma Woods, and Neil Manhas, GM of Pizza Hut, to urge the government to provide an increased level of support for the industry. It has sent a letter to the PM, signed by 90 CEOs representing over 1,000 restaurants, to call for action over issues including cutting VAT on restaurant food and extending the JRS for restaurants while social distancing measures remain in place.
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NewsDowney: Prepare for long period of closure
The idea that operators will be able to reopen their businesses in the near future has been dismissed as a “confusion of optimism”, MCA’s The Conversation has heard.
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NewsDeliveroo NHS campaign raises £1.5m
A Deliveroo campaign to feed NHS staff has raised more than £1.5m, which will go towards its pledge to provide 500,000 free meals.
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NewsDeliveroo, Leon, Yard Sale Pizza and Pizza Punks lead the way on NHS fundraisers
Over the weekend, operators including Deliveroo, Leon Yard Sale Pizza and Pizza Punks launched fundraising campaigns to support NHS staff and frontline workers.
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NewsPizza Hut leads donations for Deliveroo NHS appeal
Pizza Hut is leading donations towards a Deliveroo appeal to give 500,000 meals to NHS workers.
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NewsWhy are big brands abandoning takeaway and delivery?
Takeaway and delivery last week emerged as a possible silver lining to the biblical storm clouds posing an existential threat to the restaurant and bar industry.
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NewsSubway, Tortilla, Pure and Wahaca to shut down entirely
Subway and Tortilla will close all of their restaurants for delivery, takeaway and collection today.
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NewsMcDonalds, Nando’s and Pret among brands to close entire estate
McDonalds, Nando’s and Starbucks are among a list of operators that have announced estate-wide closures following Friday’s Government announcement.
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NewsLoungers, Fuller’s and BRG announce closures, to-go transitions continue
Loungers is the latest operator to announce an estate-wide temporary restaurant closure due to the impact of COVID-19, and Fuller’s will close all London pubs.
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NewsPret spends £20m on allergy overhaul
Pret A Manger spent £20m last year on anti-allergy measures, including full ingredients labelling, as it overhauled safety measures after the deaths of two people who had eaten its products, The Financial Times reports.
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NewsBourke joins Wireless Social as NED
ETM Group director of sales and marketing Sam Bourke has taken on additional role as non-executive director of Wireless Social.
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Analysis & InsightInstagram: Looking Good Enough To Eat
No dish reaches the candy pink menu at EL&N cafe without having its photo taken first. The chain’s head of food Daniel Booth will “play around with dishes during the development process, taking photos to see how they look through a lens before finalising them,” says head of marketing Sahar Mahdavian. The result is immaculate. Sambazon acai smoothie bowls and edible flowers perch pristinely on ancient grain granola, more modern art than breakfast.
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NewsItsu looks to tech as it ‘changes model fundamentally’
Customisation, convenience and sustainability are the three trends that will have the biggest impact on the food to go sector, Itsu brand and marketing director Jemima Ferguson told delegates at MCA’s Food To Go conference last week.
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Analysis & InsightFood to Go key take-outs
Now I might be a tad biased, but I thought MCA’s recent Food to Go conference was rather good. It’s always great to hear from operators at the coal-face, and the line-up included several interesting speakers all prepared to share some insights on how they are grappling with the opportunities and challenges of the maturing Food to Go marketplace. And yes, let’s not be in any illusion, some of the froth has come off this previous darling of the Eating Out market, with increasing signs of localised saturation only reinforcing the importance of enhancing consumer relevance. So how is this being pursued?
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NewsLast chance to get tickets for Food to Go
Taking place tomorrow, at the Ham Yard Hotel in London, Food to Go 2020 is gearing up to the best event yet in this successful conference’s five year history.
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Event News
Food to Go Conference 2020
Vibrant and dynamic, food to go is filled with flavour but always served fast. It’s a classic combo of quality ingredients, ongoing menu development and uber efficient organisation to keep queues moving quickly and customers happy. And innovation is everywhere.
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NewsImbiba backs Wireless Social with £1m
Imbiba, the specialist leisure investor, has backed hospitality tech business Wireless Social with £1m of funding.