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March 27, 2019

Independent burger chain Meatcure closes last restaurant

East Midlands burger chain Meatcure has closed its last restaurant in Market Harborough, UK.

By Rosie Lintott

East Midlands burger chain Meatcure has closed its last restaurant in Market Harborough, UK.

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The restaurant was the first to be opened in 2014 and is the last to close.

The business closed four out of five restaurants in 2017 after they went into liquidation owing £304,000 to creditors.

The owners announced the closure of the restaurant via a Facebook post, saying: “To all our amazing customers we’re afraid to say it’s over.

“We gave everything and invested every penny we had into making Meatcure the exceptional restaurant that we all loved so very much. But unfortunately with excessive rents and rates and rising costs and fewer people spending than ever before, and with no money behind us to give Meatcure the regeneration we believe it needed to stay current we can no longer continue.

“We’ve battled for the past few weeks with our family and friends and our amazing staff beside us to exhaust all opportunities, ideas and paths but in all our time is done. We’re heart-broken if we are honest and even more so knowing that you guys will be too.

“Most importantly our staff, new and old, have grown up with us and become like family continuing to remind us that it’s all about the people through the good times and bad because life is about experiences and memories and having amazing people to share them with is what really matters.”

Founded by Rob Martyniak and Paul Rigby, the burger chain started in 2014 and expanded its business across five restaurants in Market Harborough, Leicester, Hinkcley Crescent, Bedford and Leamington Spa.

In 2016 the company tried to raise £350,000 on a crowdfunding platform to open five more restaurants after raising the funds themselves to open the fourth in Bedford. The bid was not successful.

Free Report
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Innovation Update Q2 2022: Meat and Meat Alternatives

Meat alternatives continue to push boundaries, as companies explore 3D printed, plant-based, and precision fermentation-based alternatives. As a result, shoppers are more open to experimental formulations that introduce new flavors to meat products, blur traditional food categories, or swap in new ingredient types. It is vital for their development that retailers acknowledge this range of emerging trends during these increasingly uncertain times. Brands must continue to understand how consumer needs and desires change, and offer a range of products that reflect the world around them, therefore developing purchasing and consumption decisions. Exciting non-traditional formulations are hitting the market - following the trajectories and target audiences of these launches will help other brands find their niche. Consult our report on Meat and Meat Alternatives, from the collection of >17,000 reports on GlobalData Explorer, to:  
  • Understand the current market dynamics of the Meat and Meat Alternatives Sector
  • Assess strategies implemented by companies to better penetrate the market
  • Understand the key themes in the market that these companies and their respective products appear to be targeting
  • Marketing / Advertising strategies being used by these players for specific products
  • Other segment-specific analysis (packaging, design, flavors etc.)
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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