Marc Vetri Channels His Inner Real Housewife

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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10 Biggest Business Deals of 2015

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.

Jefferson-Hospital-University-JEFF-FUSCO-940X540

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 »

Announcing the New 50 Best Restaurants in Philly

The new 50 Best Restaurants List | Photo by Samuel Markey

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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Vetri Names New Chef

joe delago vetri

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.

Urban Outfitters Bought Vetri for Under $20 Million

Marc Vetri

Marc Vetri

One of the biggest questions looming about the Urban OutfittersVetri 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: Why I Sold to Urban Outfitters

Marc Vetri

Marc Vetri

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 »

Urban Outfitters Stock Plummets After Vetri Deal

Urban-OutfittersIn the wake of Urban Outfittersstunning 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 »

Urban Outfitters to Buy Vetri Restaurants

Urban Vetri

Two of Philadelphia’s best-known brands are set to become united. Urban Outfitters has agreed to buy the Vetri Family of restaurants. No sale price has been disclosed.

“Having known Marc for almost a decade and partnered with him through his charitable foundation, we are honored to have him, Jeff and the Vetri family join the URBN team,” said Richard A. Hayne, CEO of Urban Outfitters in a statement. “Spending on casual dining is expanding rapidly, and thus, we believe there is tremendous opportunity to expand the Pizzeria Vetri concept.” Read more »

New, Local Cookbooks: From Bratwurst to Radishes And Everything In Between

This, and many others, are bringing Philly's best bites to your kitchen.

This, and many others, are bringing Philly’s best bites to your kitchen.

Usually when we talk about food news here, we tell you what’s new and cool, and then we tell you where to go to eat it. This post, however, requires little more than a trip to Barnes & Noble, or (for the remarkably lazy, like myself) an Amazon account.

Philadelphia and the nearby areas have some pretty amazing food and drink, and now many of the recipes are down on paper for your cooking pleasure. We’ve talked cookbooks in the past, but it’s time for a round up of all the delicious (local) stuff that’s been printed since January.

So order a book, even order your groceries, open a bottle of wine. With these books, all the awesomeness of the city’s food scene can now happen right in your own kitchen. And you know what’s better? Even if you burn it all, you’re never too far from the recipe’s source, allowing you to give up at any point and make nothing more than a reservation.

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