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Wildwood restaurants in Lincoln and Peterborough will not close as part of owner Tasty’s restructuring plans





Two restaurants are safe from closure as the owner shuts others.

Wildwood branches in Lincoln and Peterborough will not close, but others will as Tasty, which runs the restaurant chain alongside Dim T restaurants, says it plans to close 20 loss-making sites after a “challenging” start to the year.

The decision to close down a number of restaurants comes as Tasty is having to “navigate a path through the challenges which are prevalent in our industry”, said a spokesperson.

Wildwood in Lincoln. Photo: Google
Wildwood in Lincoln. Photo: Google

The spokesperson added: “We understand the impact of these difficult decisions.

“We are confident that the changes will ensure the long-term viability of the company and will protect the employment of the majority of our staff.

“Our primary focus will be on optimising the performance of our remaining Wildwood and Dim T restaurants and thereby securing the long-term viability and profitability of the Company.

Wildwood in Peterborough. Photo: Google
Wildwood in Peterborough. Photo: Google

“We really want to express our gratitude to all our fantastic staff who continue to show unwavering dedication and commitment during these difficult times.

“We, in turn, are working diligently to explore all avenues to retain as many of our teams from the closed sites as we possibly can within the company.

“We thank all our guests for their ongoing support which we never take for granted, and we hope to see you soon in one of our restaurants.”

As part of the restructuring plans, the following restaurants will close:

·Bicester

·Birmingham

·Brentwood

·Cambridge

·Chichester

·Edinburgh

·Kettering

·Kingston

·Ludlow

·Market Harborough

·Plymouth Derry’s Cross

·Skipton

·Worcester

·Dim T in Loughton

Tasty currently runs 43 Wildwood restaurants alongside six Dim-T pan-Asian eateries, two non-trading sites and three sub-let venues.

Earlier this week, Tasty said its financial performance “continues to be inhibited by a tail of underperforming sites, despite efforts at improving operational performance”.

A company spokesperson added: “The use of a restructuring plan is considered the most effective means to reorganise the group to return it to profitability and secure its long-term future which should change the financial viability, profitability profile and long-term prospects of the group.”

Tasty’s bosses expect the plans will improve the earnings by up to £2.1 million by the end of the 2025 financial year.

What do you think of the closures? Let us know in the comments



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