Cote Restaurants has seen a 15.8% rise in sales for the 52-week period to 30 July 2017. Revenue was at £140.7m, up from £121.5m the previous year, with operating profit remaining flat at £10m. Its like-for-like growth stood at 4.1% while it had EBITDA growth of 8.9% versus the 52-week…
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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.
Pizza Express has announced a turnover of £534.2m for the year, a 6.3% increase on last year’s results. Like-for-like sales for the group, which exclude new store openings and store closures, also increased, by of 1.4%. The pizza chain opened 27 new restaurants of their own overseas last year, with…
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Vine Acquisitions, backed by Patron Capital and May Capital, has acquired The Laine Pub Company, in partnership with the Laine management team. The pub group began with the opening of the Mash Tun in Brighton in 1996, and has since grown to comprise 54 managed, independent pubs, with 21 in…
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UKHospitality has welcomed the government’s acknowledgement of the contributions made by EU nationals to the UK’s small businesses. The group has also called on the government to provide a future immigration policy that enables hospitality businesses to continue to employ EU nationals without disruption. During oral questions yesterday, small business…
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Wholesale food company Thomas Ridley Foodservice has recently added two wines from family-owned vineyard Giffords Hall to its offering. The addition of the new wines is to fall in line with English Wine Week which runs from 26 May to 3 June. The national campaign is designed to raise awareness…
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Bury St Edmunds’ Bourgee restaurant is set to close down after it opened just a year ago. The Bourgee restaurant group has been placed in administration and has already shut down sites in Southend and Chelmsford. Colenzo’s, the company that has taken over Bourgee’s Chelmsford restaurant, and is set to…
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Employment skills organisation and apprenticeship provider People 1st has entered administration. The company, which serves the hospitality, retail and travel sectors, announced that it had appointed FRP Advisory as its administrators. The organisation’s government funding ended six years ago and its most recent accounts, up to March 2017 showed a…
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Delivery firm Deliveroo has announced two new partnerships with recruitment tech startup, Inploi and temporary staffing platform, Staff Heroes. Staff Heroes will allow outlets to book staff at a short notice, while Inploi is an online recruitment network, connecting restaurants to those with experience in the hospitality sector. Deliveroo partners…
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Food delivery company Deliveroo has launched a new support site for restaurants to help them reduce everyday business expenses. The company has also unveiled a new portal offering restaurant staff benefits and discounts to boost staff retention. The brand new Deliveroo restaurant perks website is part of efforts from Deliveroo…
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Rod McKie will leave motorway service operator Welcome Break after 15 years as CEO, to take up the same role at Japanese restaurant group Sticks ‘N’ Sushi next month. McKie will start his new role in July and will remain a member of the Welcome Break board as a non-executive…
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