Tag

Business Food And Beverage

All articles tagged with #business food and beverage

business-food-and-beverage1 year ago

"Salt Bae's Restaurant Slashes Heating to Save Money While Charging £700 for Steak"

Salt Bae's Nusr-Et steakhouse in London, known for its extravagant prices, has resorted to cost-cutting measures such as turning off heating and lights to save on energy bills amid soaring costs. Despite recording a jump in profits, the restaurant has faced challenges during the cost of living crisis and has made efforts to improve energy efficiency. The company's pre-tax profits rose 44% to almost £3.3m in 2022, with sales soaring almost 66% to £13.6m, but it has still made adjustments such as cutting prices and ditching signature expensive items.

business-food-and-beverage2 years ago

"Uncertain Future for Volvér as Garces Trading Co. Closes at Kimmel Center"

Garces Trading Co. at the Kimmel Center has closed after a year, with the future of Volvér, another Jose Garces restaurant, appearing uncertain. The closure was described as a mutual decision due to financial burdens, and there are hopes for a new cafe to open by summer. The bar in the lobby will remain open, and the fate of Volvér is expected to be decided by the end of the Kimmel’s 2023-24 season. Garces Trading's other location at the Cira Centre is unaffected, and the closure has left a void in the Kimmel lobby, which previously aimed to invite the city in with the addition of the cafe.