Itsu closes three branches in UK after franchise partner's rescue deal
The restaurant chain Itsu has closed three of its branches in Aberdeen, Edinburgh, and Reading after a rescue deal involving its franchise partner, Heart with Smart (HWS). HWS was recently acquired by Directional Capital in a pre-pack administration deal. Notices at the closed Itsu locations indicate that the closures are linked to HWS's administration process. The company hopes to reopen the branches soon, as they are not permanently closed. Itsu operates 77 sites across the UK and is known for its healthy Asian-inspired food. The closures come amid financial struggles in the restaurant industry, with many chains facing challenges due to rising costs and reduced consumer spending.