Wildwood owner Tasty plans to shut 18 more restaurants

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Tasty currently has 43 Wildwood restaurants in operation, six Dim-T pan-Asian restaurants, two non-trading sites and three sub-let venues.

Wildwood restaurant chain owner Tasty has revealed closure plans as part of a major restructuring move

Tasty, which also runs sites under Dim T brand, said it plans to exit around 20 loss-making restaurants after a “challenging” start to the year. On Tuesday, the hospitality group said its financial performance “continues to be inhibited by a tail of underperforming sites, despite efforts at improving operational performance”.

It will also enter into a new £750,000 loan agreement with Bet365 shareholder Will Roseff in order to fund the restructuring.

 

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