All Wagamama articles – Page 6
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News
Wagamama announces double closure following business review
Wagamama is to permanently close two of its London sites, including its ‘noodle lab’ in Soho. The pan-Asian chain, which is owned by The Restaurant Group (TRG), says it made the decision following a review of the company’s portfolio brought about by a ‘marked shift’ in customer demand caused by the Coronavirus pandemic. As a result of the review, it has been decided that Wagamama’s Mansion House restaurant, as well as its ‘noodle lab’ test kitchen on Dean Street, are no longer economically viable, and both sites have been closed.
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Wagamama to reopen with sliding screen partitions
Wagamama has announced it will reopen four sites in the coming days to trial its new sliding screen safety feature.
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News
Wagamama looks to the future with reopening plan
Wagamama CEO Emma Woods has hailed the cost-effective way the brand closed its estate, as it focusses on the safe reopening of its restaurants.
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News
Deliveroo 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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News
Restaurant Group CVA is ‘reshaping the face of casual dining’
The Restaurant Group’s announcement yesterday that it is proposing a CVA for it’s long-troubled leisure division was a major, if not entirely unsurprising development, in a coronavirus-dominated news cycle. Under the proposals, the company voluntary arrangement will allow for a restructure of the estate, which will see it exit 125 ...
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TRG launches CVA to close 125 sites
The Restaurant Group has announced a proposal to enter a company voluntary arrangement (CVA) for its leisure estate.
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Restaurant Group in talks over leisure restructure
The Restaurant Group has confirmed it is in discussions with landlords regarding “potential restructuring options” of its leisure estate.
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News
Wagamama eyes full estate open in ‘six or nine months’
Wagamama CEO Emma Woods said the restaurant chain is preparing for a “new normal” in customer habits as it revealed its first ever collection service for customers.
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News
TRG to close up to 120 sites
The Restaurant Group is to permanently close between 100 and 120 of its leisure brands sites.
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News
Frankie & Benny’s to close a “large number” of sites
The BBC has reported that a “large number” of Frankie & Benny’s restaurants are to close. It said an email to staff sent by the Restaurant Group says many sites are “no longer viable to trade and will remain closed permanently. The Covid-19 crisis has significantly impacted our ability to trade profitably, so we’ve taken the tough decision to close these restaurants now,” the email said.
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Sector sees another week of reopenings
MCA rounds up the latest reopenings in the hospitality sector.
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Wagamama to open 67 more sites for delivery and collection
Wagamama will reopen 67 sites for delivery and collection by the end of June, MCA can reveal.
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Analysis & Insight
Navigating the double edged sword of delivery
Delivery and takeaway are one of the only tangible ways left for operators to serve customers during the coronavirus outbreak. With consumers no longer able to eat out, common sense logic assumed they would simply transfer spending to delivery. Yet for various reasons, this has not played out as expected, ...
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News
Wagamama to return to deliveries
Wagamama is set to commence offering deliveries from four dark kitchens. The chain says it has devised a schedule that will allow staff to “slowly return to delivery-only work at their own discretion” as part of a “test and learn approach” for the business.
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News
Peter Martin: If there’s one debt you do need to pay
So the waiting game begins. After the last weeks of frenetic activity as the hospitality sector lobbied hard for Government lifelines, most companies are locking themselves into survival mode.
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News
TRG models ‘pessimistic’ slow recovery scenario
The Restaurant Group has modelled a “pessimistic scenario” for the current financial year, which would see 400 of its sites reopened gradually between July and December.
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TRG raises £57m in share placing
The Restaurant Group has raised £57 million following the succes
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TRG downsizes exec pay and operations
The Restaurant Group has announced an extension to its lending facilities, executive pay cuts and a downsizing of its board.
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Wagamama launches cook-at-home video series
Wagamama has become the latest operator to launch its own cooking lesson video series to reach out to consumers in the closure period.
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News
TRG: no plans to put any more brands into administration
The Restaurant Group has no current plans to put any more of its brands into administration, MCA understands, including Frankie & Benny’s, Brunning & Price and Wagamama. Last week TRG filed a notice of intention to appoint an administrator for Chiquito, which makes up part of its 350-strong leisure arm ...