Very early this morning, The Insider dropped the news that Marc Vetri–after years of being pestered by his fans–would open his namesake restaurant (which remains one of the best in the city) for lunch.
Not every day, of course. Not even on most days. But for three days: The first Friday of the month for the next three months.
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When we heard that the Vetri restaurants were being acquired by Urban Outfitters, we all wondered what kind of changes might be afoot for the local dining establishments. Well, we’ve now learned about one major change that has resulted in a loss of employment for 30 Vetri workers. Read more »
Marc Vetri, whose eponymous restaurant is habitually nominated for best service by the James Beard Foundation, took to Twitter this morning to rip a customer who dined at his restaurant last night.
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Philadelphia businesses made plenty of big moves in 2015. Everybody’s favorite coffee roaster got a new owner, two big universities announced a merger, and virtually every hospital seems interested in joining forces with one another.
Still, one of the biggest deals of the year — Comcast’s $45 billion merger with Time Warner Cable — stalled after federal regulators recommended blocking it.
But there were still plenty of monster deals in 2015. Here are the top 10:
1. Jefferson Merges with Abington. And Aria. And Philly U.
For Jefferson, 2015 was a year of huge changes. After fundamentally restructuring how the organization is managed in 2014, Jefferson ended its financial partnership with Main Line Health and began pursuing new arrangements. Read more »
The new 50 Best Restaurants List | Photo by Samuel Markey
If it seems too soon for another 50 Best Restaurants issue, you’re right. For a long time, this list was something we put together every two years. But now that’s changing. Because it has to.
Philadelphia’s restaurant scene moves fast today—too fast for the kind of monolithic thinking that says a list of the best restaurants in this city could possibly stand, fundamentally unchanged, for two years. Fortunes rise and fall over weeks, not years. Opinions shift. Focus drifts. There was a time when a list of the best restaurants in Philly could have some breathing room—would be just as true (or nearly as true) six months or a year later as it was on the day it hit the stands. But today that sort of thinking seems as quaint as cedar-plank salmon or those bicycles with one big wheel in front—an artifact of another time.
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Time Out has been hard at work recently, rounding a whole bunch of lists of the best stuff in America. And now that they’ve gotten around to Italian food, it seems that they’ve dropped in on Philly to give us a little love.
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Joe Delago, new chef at Vetri.
Since Adam Leonti left Marc Vetri’s flagship Vetri back in June, the restaurant has been operating without a chef de cuisine. But yesterday, Vetri announced that Joe Delago would take the role.
Delago, a Moorestown, NJ native has been with the Vetri Family since he was an extern in 2010. After graduating from the Culinary Institute of America he went to work at Alla Spina and then Osteria. For the past three years he’s been at Vetri.
In a post to Instagram, Vetri said “we are thrilled to have him taking the reigns.”
You can follow Delago on Facebook at @joeyofthelake.
One of the biggest questions looming about the Urban Outfitters–Vetri Family of restaurants deal was a simple one: How much did Urban pay to acquire the company?
Urban’s chief financial officer told Bloomberg Business that it paid less than $20 million for the restaurant group. (Both sides announced the deal Monday without disclosing financial terms. I asked Marc Vetri in a wide-ranging interview yesterday, but he declined to answer.) Read more »
Marc Vetri treated Tuesday like any other day. He spent his morning at Amis Trattoria on 13th Street, talking about the menu with the chef. Then he rolled over to Osteria on North Broad Street to do the same. Tonight, he’ll “roam around his restaurants” to make sure the vibe and the food are just right. Just like always.
But there’s little doubt that Tuesday is more than just another day. A day earlier, Vetri agreed to sell his family of restaurants to Urban Outfitters for an undisclosed price. In an interview Tuesday morning, Vetri said “we were never for sale” but that the synergy between the two companies was too strong to let the deal pass. Apart from the restaurant Vetri on Spruce Street, Urban now owns 100 percent of the business. Read more »
In the wake of Urban Outfitters‘ stunning deal to purchase the Vetri Family of restaurants, many experts are asking the same question: Why did Urban just jump head first into the restaurant business?
Does it want to use gourmet food to attract customers to its physical stores? Does it want to ensure that newly planned Urban locations are surrounded by high-quality restaurants? Does it just think that Vetri is a solid side business? Read more »