Carluccio’s Nottingham to close – West Bridgford gets refurbishment

© westbridgdfordwire.com

Nottingham’s Carluccio’s Italian restaurant will close this year after seven years of operating on Low Pavement. West Bridgford is unaffected and earmarked for a refurbishment.

There is no announcement as to the exact date but it is likely to be before the end of 2018.

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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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