McDonald's will reopen some of its restaurants next Wednesday to diners that wish to walk in and collect their food. The openings will be at 11 restaurants located in Roadchef service stations on 17th June, allowing diners to enjoy a visit ‘in’ for the first time since the lockdown was imposed in March. The QSR has said that only limited numbers of people will be … [Read more...]
Swiss insurer pays restaurants on Covid-19 claims
Swiss insurer Helvetia in a statement confirming shareholders of its ability to acquire Spanish insurer Caser has also released information on Covid-19 pay-outs to restaurants. The statement from Helvetia’s website reads: “The settlement solution for Swiss gastronomy companies with a pandemic exclusion in their epidemic insurance has since been implemented and well … [Read more...]
Dunkin’ into long term investment in hospitality careers
At a time of record unemployment in the US one QSR is investing in the long term futures of its franchisees and their employees, Dunkin’. As the US hospitality industry is planning to reopen the main focus for Dunkin’ currently, still better known as Dunkin’ Doughnuts, is doing so by investing in long term future careers with the brand. The investment is in offering … [Read more...]
Pizza chain acquires 14 outlets from pub group
Three Joes, the sourdough pizza and craft beer restaurant chain, has acquired the fourteen strong £15 million turnover ‘The Stable’ pizza chain portfolio from pub group Fullers. The price of the acquisition is undisclosed and sees Three Joes expand its geographical spread through additional outlets across the south west and midlands. Tim Hall, Chief Executive and … [Read more...]
Three more casual dining chains go to market
KPMG is advising Azzuri Group on the sale of casual dining chains, ASK Italian, Coco di Mama and Zizzi. This is the latest in a spree of casual dining chain restaurant sales that has seen brands like Carluccio’s sell at bargain basement prices. KPMG have been actively contacting potential buyers on behalf of Azzurri Group, owned by the private equity firm Bridgepoint, with a … [Read more...]