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West Bridgford
Thursday, August 22, 2019

Carluccio’s Nottingham announces closing date

PUBLISHED:

Nottingham’s Carluccio’s Italian restaurant has announced a closing date after seven years of operating on Low Pavement.

West Bridgford is unaffected and earmarked for a refurbishment.

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The Nottingham restaurant will close on 16th December.

The chain has 103 restaurants across the UK but is planning to close 30 loss-making stores.

Carluccio’s profits have fallen drastically over the last two years due to rising costs – in 2016 the chain’s pre-tax profits fell by 81 per cent.

The group of around 30 restaurants marked for possible closure had their rent bills cut by a third for six months under a rescue plan.

Under the rescue plan, Carluccio’s majority owner, Landmark Group put £10million into the remaining restaurants to upgrade the franchise.

The Dubai-based Landmark Group bought the Italian chain, founded by chef Antonio Carluccio, for £90million in 2010.

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