All Wasabi articles – Page 2
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NewsYo! to trial grab and go concept in Manchester
Yo! is to trial an express format restaurant designed for customers on the go, like a “Japanese version of Leon”, MCA’s sister title Big Hospitality reports.
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NewsWasabi appoints Birts CEO
Wasabi, the sushi and bento chain, has appointed Henry Birts, formerly of Pizza Hut, as its new CEO.
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NewsSay hello to the newest version of Yo!
When Yo! Sushi arrived in the UK in 1997 it was everything casual dining wants to be in 2019. Colourful, fun, innovative and fresh, it also had entertainment on the side thanks to the novel kaiten conveyor belt that served up plates of food. Remarkably, the novelty hasn’t worn off, even after 22 years. Yo!, which dropped the ‘Sushi’ from its name in September to send a message to the squeamish that it offered more than just raw fish, reported a UK sales hike of 5% to £88.9m in July.
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NewsYapster raises £2.6m
Yapster, a communications platform for hospitality workers, has raised just over £2.6m as the company looks to deliver on its ambitious growth plans for 2020 and beyond.
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NewsSushiDog widens reach with virtual kitchens
Fusion brand SushiDog has launched a second virtual kitchen, in partnership with Deliveroo and Kitopi, MCA understands.
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NewsFrederic Lluch steps down as MD of Wasabi
Frederic Lluch has stepped down as managing director of Wasabi Sushi & Bento, and leaves the business today (11 July).
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NewsWasabi secures investment from Capdesia and Sushiro
Private equity firm Capdesia has acquired a minority stake in the 55-strong Wasabi chain.
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Analysis & InsightHeating up: Itsu’s growing hot food sales
The grab-and-go chain’s group marketing director speaks to MCA’s sister title Food Spark about how past successes are informing future menu development.
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OpinionGotham’s Easter quiz
With the Easter bank holiday weekend almost upon us, MCA’s market insight director Steve Gotham offers up a bit of a light-hearted break from the norm with a test of your knowledge of the eating and drinking out market.
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NewsGeneration Next: SushiDog
Many early-stage operators spend time proving their concept in street food and pop-ups. Not so SushiDog, which served its first sushi roll at Europe’s biggest shopping centre, Westfield London.
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NewsWeekend press round-up 9-10 March 2019
Tortilla exploring options The restaurant chain Tortilla has been placed on the block by its backers, including the private equity firm Quilvest. The Mexican food chain, which is opening its 37th UK site this week, has appointed advisers from Spayne Lindsay. Sunday Times HSBC chokes on ...
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Analysis & Insight
Opportunities despite knocks
The next 12 months will be another tough year for the UK’s eating and drinking-out sector, and the gulf between great operators and the rest will widen. However, with 2018 proving there were still opportunities to grow and secure investment, AlixPartners’ Graeme Smith considers the outlook for 2019.
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NewsSushimania looks to add up to four this year
Sushimania is looking to add another three or four sites to its estate in the next 12 months, and is currently negotiating on sites in St Albans and Camden, MCA understands.
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NewsM&S adjusts Wasabi partnership
Two of the Wasabi counters operated in Marks & Spencer stores have closed, MCA understands, although the retailer insists the partnership will continue.
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NewsBy Chloe set to open third UK site
By Chloe, the plant-based fast casual concept, is set to launch its third UK venue, with an opening lined up in the Icon Outlet at O2 complex.
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NewsCapdesia amongst Wasabi bidders
London-based private equity firm Capdesia, which was founded last year by Christopher Unrath and Niels Lorijn, formerly of US private debt firm CapitalSpring, is one of the remaining bidders to acquire a stake in Wasabi, the sushi and bento chain.
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NewsPE firms circle Wasabi
A handful of private equity firms are in the running to acquire a stake in Wasabi, the sushi and bento chain.
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NewsBenihana confirms Glasgow
Benihana, the global Japanese teppanyaki concept, has confirmed its first UK site in eight years will open in Glasgow.
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Analysis & InsightNeeds must
The Casual Dining Group (CDG) and Wasabi were both featured in the press over the weekend, linked with the need to make necessary changes to their businesses. One is taking a proactive approach to bring landlords to the table to discuss issues it faces with rental levels at a handful of sites, while the other claims it is looking for an injection of capital to support its next phase of growth. But, is one being more realistic with itself and the impact of the current harsh trading environment than the other, asks Mark Wingett.
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NewsClick & collect orders up 70% at Prezzo
Prezzo, the TPG-backed Italian restaurant chain, has grown sales from click-and-collect orders by 70% within just one month of a new partnership with online ordering platform, Orderswift.