Tag Archives: restructuring

EAT rumoured to be considering store closures to reduce costs

EAT rumoured to be considering store closures to reduce costs

EAT has become the latest UK foodservice chain rumoured to be considering store closures, with reports this morning claiming that consultants were brought in several months ago to advise on its restructuring options. According to Sky News sources, the chain – which numbers approximately 100 shops – is considering what it calls a “substantial” reorganisation

Jamie’s Italian describes closure of 12 branches as “crucial” to ensuring chain continues to trade

Twelve branches of Jamie’s Italian are set to close following a review of the business undertaken by the firm’s management. The Jamie Oliver Restaurant Group confirmed in a statement that it will shut sites in Bath, Bristol, Bluewater, Kent, Chelmsford, Essex, Harrogate, Kingston-upon-Thames, Milton Keynes, Reading, St Albans, Hertfordshire and two in London in Greenwich and Threadneedle

Jamie’s Italian explores plans to restructure UK restaurant estate

Reports suggest that further Jamie’s Italian branches could be at risk of closure as the chain weighs up plans to restructure its business in the UK. The group, which runs approximately 45 restaurants, closed half a dozen sites this time last year, citing Brexit pressures for the cull. Jamie Oliver himself said in a newspaper

Creditors back Fuel Juice Bars’ plans to restructure business

Fuel Juice Bars is hoping that 2018 will bring more cheer for the company after agreeing a restructuring plan with its creditors. The fresh fruit smoothie chain’s Company Voluntary Arrangement (CVA) was overwhelmingly approved by its creditors at a meeting just before Christmas, with 100% of creditors supporting the proposal. Damian Webb, Paul Dounis and

CDG restructures business as it navigates ‘challenging inflationary environment’

Casual Dining Group has announced a number of developmental changes within its senior leadership team. The moves are designed to ensure the business is structured in the best way for the next phase of its growth and international development, which involves expanding the Bella Italia, Café Rouge and Las Iguanas brands. As part of the