All Wagamama articles – Page 34
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Analysis & InsightLittle and large
The Azzurri Group has done a canny bit of business acquiring the fast-casual concept Coco Di Mama, while Costa has decided to follow rival Starbucks’ route in looking to enhance its food offer through a partnership with a smaller complimentary brand. Mark Wingett asks if it is time for more sector companies to seek new partnerships and add further strings to their bows.
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NewsCasual Dining Group acquires Las Iguanas
Casual Dining Group (CDG) has acquired the 41-strong Las Iguanas restaurant chain from private equity firm Bowmark Capital in a deal thought to be worth between £80m and £90m.
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NewsCo-Op chair joins Wagamama board
The Co-Operative chairman Allan Leighton has announced he is joining the board of the Duke Street Capital–backed chain Wagamama.
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US private equity firm to acquire Fourth
Insight Venture Partners, the New York-based, technology-focused private equity firm, has agreed to acquire Fourth
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NewsMcDonald’s and Nando’s lead on social media engagement
Nando’s, McDonald’s and Domino’s lead the way when it comes to social media engagement in the UK’s eating and drinking-out sector,
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NewsQ3 lfl sales up 9.9% at Wagamama
Wagamama, the Duke Street Capital-backed chain, saw Q3 like-for-like sales across its 112-strong UK estate increase 9.9%
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NewsCafé Pistou eyes expansion
Café Pistou, the fledgling concept from Charlie McLean, has started the search for a second site in the capital
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French: Expect strong growth for three years
Leading analyst Simon French, of Cenkos, has predicted pub and restaurant groups will see up to three years of above average earnings growth driven by like-for-like sales rising above inflation, new site openings, a benign cost environment and selective M&A.
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NewsPret and Wagamama to offer Apple Pay
Pret A Manger and Wagamama are among the first companies in the sector to confirm they will introduce Apple Pay.
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Analysis & InsightStreet life
Street food, and all it entails whether that is through food, marketing or location, has become an increasingly influential part of the UK’s eating and drinking-out sector. Over the next few months and years that influence is set to further grow as the category evolves with the help of a number of established players.
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News
Ping Pong confirms Westfield London site
Ping Pong, the dim sum chain, has confirmed to M&C Report that it has securing a unit at Westfield London
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Red’s to launch retail range
Red’s True Barbecue, the fast-growing concept, is to launch a retail range through Asda stores nationwide from 4 July
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Booker passing on price deflation benefit
Wholesaler Booker says the benefit it is seeing from food price deflation is being passed on to customers
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NewsIndustry leaders back Red’s next stage of growth
Fast-growing smokehouse concept Red’s True Barbecue has secured £5m of new investment from a group of leading industry players
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NewsHill joins Salt Yard board
Steve Hill, former chief executive of Wagamama and Las Iguanas, has joined the board of the Salt Yard Group
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NewsCDG takes lead in race for Las Iguanas
Casual Dining Group (CDG) is believed to have moved to the front of queue in the race to acquire Las Iguanas
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Wagamama US CEO steps down
Carlos Bernal has stepped down as chief executive of Wagamama’s operations in the US, M&C Report understands.
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NewsSalt Yard Group geared up for expansion
Salt Yard Group, the Simon Mullins-led London restaurant operator, is looking to diversify its portfolio into suburban London as property in central London is becoming more difficult to secure, M&C Report has learnt
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NewsThe Stable secures Winchester site
The Stable, the pizza and cider concept in which Fuller’s has a majority stake, has secured a site in Winchester to open its ninth site under the concept when it opens in July
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NewsWagamama geared up for next phase of growth
Growing day parts and increasing evening dwell time forms the basis for Wagamama’s latest evolution, according to global marketing and property director at Wagamama, Simon Cope. The new look is showcased at its flagship Soho restaurant that opens next week at Great Marlborough Street as it plans to add 40 restaurants to its estate in the next three years