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Wolseley City launch sends Wolseley Group sales past £10m
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City AM
Wolseley City launch sends Wolseley Group sales past £10mWolseley City’s breakfast has proved popularStrong sales at Wolseley City have pushed the eponymous restaurant group’s sales past £10m for the first time, its latest accounts show.
But a rise to the minimum wage combined with continued inflation and depressed consumer spending saw the group post another loss of £2.4m, down from £4.7m the previous year.
The restaurant group, which now owns a collection of 9 sites across central London including the Delaunay on the Strand and Brasserie Zedel in Piccadilly, was set up in the 1980s by storied restaurateurs Chris Corbin and Jeremy King.
King has since gone on to launch his own restaurant group, which now includes the Arlington in St James’s, The Park in Queensway and a revival of Simpson’s in the Strand.
The Wolseley City has been shortlisted in the category of best breakfast at City AM’s forthcoming Toast awards.