Chipotle to open Clapham site: Chipotle is to further add to its UK presence, with an opening in Clapham, as it looks to target further sites in the capital’s “villages”, Propel has learned. The company, which operates more than 2,600 sites across the globe, has secured the former Gourmet Burger Kitchen in Northcote Road for an opening this summer. Chipotle, which operates seven sites in central London, plus a delivery kitchen unit in Collindale, is also thought to be in talks on a site in East Dulwich. On the Clapham site, Fintan Harte, European property and development manager at Chipotle, told Propel: “Chipotle is cultivating a better world by serving responsibly sourced, classically-cooked, real food with wholesome ingredients without artificial colours, flavours or preservatives. We are excited to bring our real food to the Clapham community with our new Northcote Road restaurant opening this summer.” Last month, Brian Niccol, chairman and chief executive of the US brand, said the company was ready to move forward with its UK business. The company, which is led in Europe by ex-Costa Coffee managing director Jim Slater, made its debut in the UK in London Wall in 2015. Paul Tallentyre, at Davis Coffer Lyons, acted on the Northcote Road deal. Meanwhile, Chipotle is to begin tying executive bonuses to larger corporate goals including diversity and sustainability. The goals, which are divided into three categories – people, food and animals, and the environment – include commitments to racial and gender pay equity, increasing the amount of local/organic/sustainably raised food by the end of 2021, and releasing data on its carbon footprint by the end of the year. Chipotle said 10% of executives’ incentive plans will be tied to their progress toward achieving these goals.
Jollibee to invest £30m on UK expansion play: Jollibee, the Philippines fast food group, plans to invest £30m on expanding in the UK. Adam Parkinson, European vice-president of the fried chicken brand, which operates about 1,200 sites worldwide, told The FT the company wanted to be in “every major city in the UK” with plans to invest £30m, including opening ten new outlets in 2021 and a further 15 to 20 next year. The first will be a flagship site in Leicester Square – on the ex-Bella Italia site, which is set to open as lockdown restrictions on restaurants lift in May. Earlier this year, the brand was granted permission to open a new site in Clumber Street, Nottingham, which will be the brand’s fourth UK site. Late last year, the company announced it had openings planned for Edinburgh, Leeds and Cardiff. Propel revealed last month Jollibee had lined up a further opening in the UK, in Reading, and was set to take over the former Artigiano Espresso & Wine Bar site in the city’s Broad Street. Meanwhile, the brand is thought to have applied to open in the former Argos site in Newcastle city centre.
Twickenham Green Taverns acquires eighth pub: London-based operator Twickenham Green Taverns has acquired its eighth pub. The company has taken on The Magdala in South Hill Park, Hampstead, which is opposite Hampstead Heath station. Twickenham Green Taverns has acquired a new free-of-tie 15-year lease on the ground floor and lower ground floor of The Magdala. The company will be opening The Magdala in the near future after a substantial refurbishment and will look to operate the property as a wet-led pub with a traditional food serving. Twickenham Green Taverns also operates The Lyric in Soho, The Express Tavern in Kew Bridge, The Sussex Arms in Twickenham, The Corner House in Windsor, The Albion in Kingston, The Antelope in Surbiton and The Watermans Arms in Barnes. Davis Coffer Lyons acted on behalf of the landlord Mulberry One Capital on The Magdala deal. The property last operated in 2014 as a traditional public house with a significant food serving and became famous as the pub where Ruth Ellis, the last women to be executed in Britain, shot her partner.
Tokyo Industries to reopen iconic music venue The Welly in May: Tokyo Industries, led by entrepreneur Aaron Mellor, has come to the rescue of iconic Hull music venue The Welly. The Wellington Club was closed in July last year and entered administration but Tokyo Industries, which also saved Manchester venues Gorilla and The Deaf Institute, has announced it will reopen in May when covid-19 restrictions allow it to do so. Mellor said: “The UK needs regional live music venues like The Welly. They are a vital part of a city’s cultural fabric. We must work hard to try to retain these creative gems for future generations to enjoy. Covid has been hugely difficult for live music venues nationally and it will take some time to recover from this lost year. We hope to re-engage the jobs that people lost during the closure. It’s been the worst year ever for hospitality and live music venues, but it feels like the end is sight.” The venue will undergo aesthetic improvements and sound, lighting and visual production upgrades before reopening. The Welly has helped launch the careers of many music acts such as Roland Gift, The Housemartins, The Beautiful South and Everything But The Girl.
Kanada-Ya plans three new openings this year: London-based ramen concept Kanada-Ya has said it plans three new openings in London this year, including two new restaurants. The brand, which is led in the UK by Tony Lam and Aaron Burgess-Smith, will launch a delivery kitchen site in Greenwich on Wednesday (10 March). The group, which currently operates sites in Covent Garden, Haymarket and Angel, will follow this with two further restaurants, although locations of both have yet to be revealed. The dark kitchen site in Greenwich will cater for areas including Deptford, Blackheath, Lewisham and Peckham, and will be available through Deliveroo. Founded in Japan, Kanada-Ya opened its first site in the UK in 2014. It also has locations in Spain and Hong Kong. Lam and Burgess-Smith also operate the Machiya restaurant in Soho.
Deliveroo plans £16m fund for riders, places £50m-worth of shares aside for customers: Deliveroo, which is set to launch a planned $7bn (£5bn) stock market flotation on Monday (8 March), is lining up a £16m “thank you fund” for a quarter of its riders. The delivery firm is also putting aside £50m of shares for customers to back the business. The rider fund will only make payments to those who have worked with Deliveroo for at least a year and completed 2,000 orders. It will cover all 12 of the countries where the firm operates. Payments will be on a sliding scale from a minimum of £200 to a maximum of £10,000, depending on the number of orders that riders have delivered. The average payout per eligible rider is expected to be £440. More than half of those in line to receive the £10,000 sum are in the UK. Deliveroo customers will also be offered up to £50m of shares in the company’s initial public offering, with the offer branded “Great food with a side of shares”. Customers will be able to apply for shares via the PrimaryBid website. Each customer will be able to apply for up to £1,000 of shares. The company said loyal customers would be prioritised if the offer were oversubscribed. Sky News reported Deliveroo is expected to make well over £1bn of new and existing shares available to investors as part of its long-awaited float, for which it plans to publish registration documents on Monday. The food delivery app will make its stock market debut at the end of the month.
Star Pubs & Bars publishes action plan following PCA investigation: Heineken-owned Star Pubs & Bars has published its action plan after it was fined £2m for “unreasonable stocking terms in proposed market rent only (MRO) options tenancies” by the pubs code adjudicator (PCA). The plan addresses the eight recommendations contained within the PCA investigation report. The recommendations set out what Star Pubs & Bars had to do “to make good the harm caused to tenants” including carrying out an audit of completed free-of-tie tenancies to identify any non-compliant stocking terms and offering to change them, or change their impact, without cost to the tenant. As well as setting out how Star Pubs & Bars will meet the recommendations, the action plan includes a commitment to review, amend or adjust its processes and procedures as well strengthen its internal checks and balances so the company can demonstrate evidence-based compliance with the pubs code. Star Pubs & Bars will also establish a compliance cabinet within its management system to ensure independent assurance. PCA Fiona Dickie said: “I will continue to monitor Star Pubs & Bars’ compliance with the plan to ensure it is implemented effectively and efficiently. I am currently engaging with Star Pubs & Bars on how the company is putting this plan into practice and will provide a further update on progress in due course.” An investigation by the PCA found Star Pubs & Bars had committed 12 breaches with the result it had “frustrated the principles of the pubs code”. As well as identifying how the company had offered stocking terms that had acted as a deterrent to tenants pursuing a free-of-tie tenancy, the PCA highlighted systemic corporate failures by Star Pubs & Bars in its approach to compliance. Star Pubs & Bars has appealed against the “disproportionate” £2m penalty.
Startle partners with Isolated Talks to launch radio station to support mental health: Music and technology provider Startle has partnered with Isolated Talks to create a radio station designed to help people stay positive, inspired and connected while raising awareness of mental health. Isolated Talks was launched in April 2020 to bring people a series of video talks and interviews with leading creative industry figures, recorded straight from their own living rooms. Isolated Talks Radio now brings together this catalogue of recorded talks with playlists specially curated by Startle to help listeners feel connected and drive positive well-being. Startle chief executive Adam Castleton said: “Launching Isolated Talks Radio is one way Startle can offer support using music and content that brings people together and creates a real sense of community – something that can be critical to people feeling isolated during lockdown.”
Startle is a Propel BeatTheVirus campaign member