Deliveroo has announced it is rolling out new technology that it claims will “save restaurants millions of pounds” by automatically updating restaurant sales systems in real time. The food delivery app company says initial tests showed a “dramatic cut in the order processing time” from two and a half minutes…
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The Business section on Catering Today delivers comprehensive coverage of the commercial landscape shaping the UK hospitality and catering industry. It reports on company performance, acquisitions, investments, market movements, and leadership changes across restaurants, pubs, and catering groups. With analysis of financial trends, growth strategies, and sector forecasts, Catering Today provides hospitality professionals with the intelligence needed to understand market dynamics and make informed business decisions in a competitive environment.
TriSpan, a global private equity firm, has announced that Rising Stars, its restaurant platform, has acquired a majority investment in Rosa’s Thai Cafe. Rosa’s managing director Gavin Adair will lead the group in its next phase of growth. He will be supported by Robin Rowland, former YO! CEO and TriSpan…
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One of Kent’s newest restaurants has closed just six months after its opening, as it served its last customers on 27 May. The restaurant has blamed poor profits following bad weather on the high street for the closure. The restaurant previously named The Tipsy Pigeon and Paul’s Restaurant, served a…
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More than 200 guests attended the launch of England’s first self-built distillery based in Sutton-on-the-Forest in North Yorkshire. Cooper King Distillery celebrated its launch on 2 June where Founders’ Club members, investors, family, friends and supporters enjoyed distillery tours, local food, music and cocktails. The Yorkshire couple Chris Jaume, chartered…
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Busaba Eathai has now closed all of its branches outside of London after reporting pre-tax losses of nearly £18m. The Thai restaurant chain’s only remaining restaurant outside of the capital was St Albans. The chain also acquired premises in Leeds in 2016 but financial woes and recent closures cast doubt…
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Consumer spending grew 5.1% in May as shoppers experienced good weather and businesses performed strongly, the highest recorded increase since April 2017. According to data gathered by Barclaycard, in-store spending increased 2.6% as the good weather drew punters out to the shops during the Early May Bank Holiday. The data…
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AccorHotels has announced the acquisition of Adoria, a software as a service (SaaS) platform that enables the catering industry to optimise supply management. Founded in France in 2003, Adoria is used by 2,700 organisations (30 catering groups) and brings together 300,000 active users and more than 800 manufacturers and distributors.…
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So-called pan-Asian food chain Wagamama has appointed Goldman Sachs to “review strategic growth options for the business” as it looks to expand into the US. It has been reported that the options put forward by Goldman Sachs will include a potential sale of the company. Wagamama said in a statement:…
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Sri Lankan restaurant chain The Coconut Tree has announced plans to expand throughout major UK towns and cities, appointing leisure property specialists Fleurets to lead the expansion. The chain currently has sites in Cheltenham and Oxford and have agreed terms on a site in central Bristol. It is now looking…
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Thai restaurant chain Rosa’s is on the brink of selling a majority shareholding to US private equity company Tri Span this week. Founders Alex and Saiphin Moore are still set to be involved with the chain as minority shareholders while the company expands overseas. Tri Span has been buying up…
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