The new ‘Plan B’ restrictions imposed by the government are likely to hit consumer spending over the festive period and “pile additional operational pressures on businesses”, according to the latest Business Confidence Survey from CGA and Fourth. Prior to the government’s Plan B announcement, some two in three (66%) hospitality…
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The latest news and updates on the business of foodservice, from the business journalists at Catering Today. We bring you the latest on what’s happening in the restaurants, bars and catering industry, with exclusive stories, analysis, best practice and industry comment.
Red Oak Taverns has announced it has completed an acquisition of eight free of tie pubs in Bristol from Euphorium Pubs Limited for an undisclosed sum. This marks the group’s fifth portfolio acquisition this year, with the independent pub operator growing its estate to 208 pubs operating on a range…
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SSP Group, a global operator of food and beverage outlets, has announced its revenue fell by 41.8% from £1.43bn in 2020 to £834.2m in the year ending 30 September 2021, and by 70.1% compared to 2019 levels. The group’s operating loss was £309.2m in FY21, including credit for non-underlying net…
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Data from Barclaycard has revealed that takeaways and fast food surged by 63.2% in November as darker and colder evenings have drawn in. Barclaycard said this trend is likely to continue as more than one in five Brits are reportedly planning to spend more on takeaways to “enjoy nights in…
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Pret A Manger has announced that Dallas Holdings and K&Z Group will become the chain’s next franchisees in the UK. A total of eight stores will be transferred to the new franchise partners in spring 2022. Pret’s Guildford, Bournemouth, Basingstoke and Woking shops will be transferred to K&Z Holdings, and…
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UKHospitality, the British Beer and Pub Association (BBPA), the British Institute of Innkeeping (BII), and Hospitality Ulster have come together to produce a set of resources aimed at helping operators combat drink spiking to protect customers. The associations have jointly produced a factsheet to help operators bolster the work they…
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Caterer company Lexington has announced it has launched LexUnboxed, a service to provide deliveries to businesses across London. The new LexUnboxed service delivers to businesses across London, while businesses located within two miles of Lexington’s city kitchen can also order on Just Eat for Business. The hospitality menus offer a…
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The hospitality sector is ‘an industry in peril’ according to the latest edition of the UKHospitality and CGA Quarterly Tracker, which has revealed both Q3 2021 sales and full 12-month figures are nearly half what they were over the same period pre-pandemic. The data shows a 45% drop in sales…
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One of the “most encouraging trends” post-lockdown has been the growth of spirits sales, according to CGA’s client director Mark Jackson. Between reopening and mid-August, spirits reportedly grew their market share of On Premise drinks sales by more than two percentage points as customers “celebrated” the end of lockdowns with…
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Britain’s leading managed restaurant and pub groups more than doubled their delivery and takeaway sales from pre-pandemic levels in September, CGA and Slerp Hospitality at Home Tracker revealed. The combined sales were 130% higher than in September 2019 when businesses were trading as normal. They were also 35% higher than…
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