A PLYMOUTH restaurant closed, after its parent firm made a £14.5 million loss.
The Wildwood restaurant in Plymouth city centre shut in April, along with 13 other outlets. The hospitality chain Tasty, which also runs the Dim t Asian food brand, shuttered the Derry’s Cross restaurant despite a 4.1% sales hike, because increased utility, food and labour costs hit the group.
The company, which also has a Wildwood restaurant at the city’s Royal William Yard, warned it would continue to struggle this year, due to inflation and a negative impact on sales from events including the Euro 2024 football competition and the Olympic Games.
This story is from the July 15, 2024 edition of The Herald.
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This story is from the July 15, 2024 edition of The Herald.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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