All Tortilla articles – Page 4
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NewsTortilla partners with Compass Group
The fast-casual Mexican chain will see at least 14 sites opened by Chartwells Universities, part of Compass Group, on a franchise basis
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InterviewsTortilla: ‘We have got a very good pipeline for this year’
The fast-casual Mexican brand has got “a lot of very exciting sites” lined up to open in 2022 and is already building its pipeline for 2023, chief executive Richard Morris has told MCA.
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NewsTortilla sees like-for-like growth up +23%
Fast-casual Mexican chain Tortilla achieved a 79% increase in group revenue for the full year to 2 January 2022, compared to the same period last year, aided by the addition of seven new company-operated sites
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Analysis & InsightRestaurants debut new planted-based dishes as Veganuary returns
With the UK’s appetite showing no signing of abating, MCA rounds-up some of the latest vegan innovations to hit menus this month.
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NewsTortilla names new operations director
Tortilla has appointed former director at Young’s Stephen Clark as its new operations director, with his predecessor Matt Chapman promoted to franchise director.
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NewsProperty market is ‘once in a lifetime opportunity’ for Tortilla
Torilla CEO Richard Morris has told investors the fast-casual brand’s pipeline is as “strong as it’s ever been”, as it capitalises on property costs which are 20%-30% down.
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NewsTortilla embarks on life in the public eye
As shares in Tortilla begin trading on London’s AIM market, MCA looks at the company’s ambitions as a public company and asks whether being publicly-listed might provide it with a competitive advantage.
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NewsTortilla begins trading on AIM
Tortilla’s admission to AIM this morning comes alongside the completion of a fundraising which has raised gross proceeds of £5m for the company and £23m for selling shareholders.
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NewsTortilla to have £70m initial market capitalisation on AIM
Shares in Tortilla Mexican Grill plc will begin trading on 8 October with a £70m market capitalisation. On admission, Quilvest will own approximately 20.4% and the board approximately 12.3% of the issued ordinary shares.
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NewsTortilla announces plans to float
Tortilla has announced plans to list on AIM in early October, as well as making two new non-exec appointments with the arrival of Emma Woods and Laurence Keen.
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NewsTortilla to open more travel hub sites with SSP
Tortilla is opening two more travel hub sites in partnership with SSP. Yesterday it opened an airside site at Gatwick Airport, and will open an additional site at Leeds Skelton Lake Services on 6 October 2021.
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NewsTortilla to use Deliveroo Editions to extend delivery coverage
Tortilla has extended its exclusive delivery partnership agreement with Deliveroo across the UK. It will use several new Deliveroo Editions kitchens to reach new regions that were previously outside of its coverage area.
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NewsTortilla: ‘We are all going to be flying a bit differently’
The hospitality industry is about to enter “a very big grey area” and until the government gives greater clarity on what it wants the industry to do with regards to issues like the wearing of face masks, “we are all going to be flying a little bit differently”, according to Tortilla MD Richard Morris.
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NewsTortilla: IPO an exciting opportunity
Tortilla CEO Richard Morris has confirmed the burrito brand is looking at a possible IPO after appointing investment bank Liberum to explore its options.
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NewsListen to The Conversation today
Join The Conversation today with Kate Nicholls, chief executive of UKHospitality, Robin Rowland, partner at TriSpan and the former YO! Sushi CEO alongside Richard Morris, managing director at Tortilla.
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NewsTortilla partners with Merlin Entertainments
Fast-casual burrito brand Tortilla is to open a site at the Chessington World of Adventures Resort, as part of a new partnership with Merlin Entertainments.
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NewsTortilla ‘aggressively hunting for new sites’
Tortilla is on the hunt for new locations so it can make the most of opportunities that present themselves in the wake of Covid.
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NewsJust Eat adds big name brands
Just Eat has added Costa Coffee, Starbucks, Chipotle, Leon and Tortilla to its UK delivery platform.
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NewsRoger Whiteside joins line-up for Food to Go Conference
Greggs’ chief executive Roger Whiteside will join a host of other industry leaders at MCA’s 2021 Food to Go Conference next week (23 March).