Food and Drink
The latest news and updates on food, 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.
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Jan- 2025 -30 January
Takeaway sales flatline in December amid more Xmas socials
Delivery and takeaway sales at restaurant groups saw year-on-year growth slow to 1.9% in December 2024 as consumers’ shifted towards going out, rather than ordering in over Christmas, according to CGA by NIQ’s latest Hospitality at Home Tracker. While at-home sales have risen for 19 months in a row, the…
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29 January
SSP Group holds guidance as sales rise 6% in Q1
The operator of F&B outlets in travel locations, SSP Group, has reiterated its full-year guidance as like-for-like sales rose 6% for the first quarter ended 31 December 2024. For the whole period, group sales were 14% higher than the previous year, with both net contract gains and contributions from acquisitions…
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28 January
Brighton’s sustainable restaurants initiative expands with new workshop
The University of Brighton and Restaurants Brighton have teamed up for a sustainability workshop to help local restaurants reduce their environmental impact and share sustainability success. Taking place on 29 January at Brighton’s Hotel du Vin, the session will provide local restauranters with practical tools to cut their environmental impact,…
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28 January
Almost Famous burger chain confirms closure
Burger chain Almost Famous has announced that it is set to close after financial pressures became “stacked against” it. The company said that the closure was due to lingering debts from the coronavirus pandemic, rising costs and fewer people being able to afford eating out. The brand started in Manchester’s…
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27 January
Popeyes UK to open over 45 sites in 2025
Popeyes has announced plans to double its UK footprint with the opening of more than 45 new restaurants in 2025. In doing so, it will increase its presence in major cities including Birmingham, Leeds and Bristol as well as expanding further in Manchester, Liverpool, London and Scotland. The new sites…
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27 January
SSP Group names incoming CFO
The operator of F&B sites in travel locations, SSP Group, has announced that Geert Verellen will join in early April 2025 as CFO designate, following deputy chief executive and CFO Jonathan Davies’ intention to retire. Davies has been the group chief financial officer of SSP since its original formation within…
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24 January
KFC UK and Ireland names new general manager
KFC UK and Ireland has named Rob Swain as the new general manager for the UK and Ireland business, effective 1 March 2025. Swain will be replacing Meg Farren, who is being promoted to president of North America for Yum! Brands’ sister brand Taco Bell. He joins as general manager…
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23 January
Foodservice price inflation under threat after November prices rise
While year-on-year inflation fell to 2%, the 17th consecutive period of decline, November brought a return to month-on-month inflation with a 0.3% increase in prices, the Foodservice Price Index (FPI) from Prestige Purchasing and CGA by NIQ revealed. This, combined with the potential impacts of the Autumn Budget, raises worries…
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20 January
UK drinks sales dip 9% in first week of the year
UK drinks sales dipped 9% in the first full week of January as consumers reduced their visits to the On Premise after Christmas and New Year, CGA by NIQ’s Daily Drinks Tracker showed. The “slow” week is in contrast to the final fortnight of last year, when sales jumped by…
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17 January
Deliveroo FY profit guidance bolstered by strong Q4
Deliveroo has reported a 7% increase in gross transaction value (GTV) YoY to £1.97bn and a revenue growth of 6% to £545m in Q4, achieving the upper end of its adjusted EBITDA earnings guidance of between £110m-130m range. As a result, its FY 2024 GTV also saw a 6% rise…
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