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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Sep- 2024 -26 September
Restaurants enjoy ‘strong’ delivery sales in August
Restaurant group ended the summer with “strong” delivery sales, as like-for-like sales grew by 7.3% in August, according to CGA by NIQ. However, the positive performance was driven by increased prices, as the volume of takeaway orders continued a downward trajectory. Year-on-year increases in takeaways have been “comfortably” above the…
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25 September
Tortilla H1 revenues dip following change to delivery strategy
Tortilla has revealed that revenues for the first-half period to 30 June fell from £32.7m to £31.5m, as overall like-for-like revenues fell 5.5% due to a planned decision in the first quarter to condense to a dual delivery partnership – ending its ties with Deliveroo. This move culminated in an…
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23 September
Manchester Airport bolsters F&B offering amid £1.3bn investment
Manchester Airport will be opening 22 new shops, restaurants and bars next summer, as it completes the second and final phase of its £1.3bn Terminal 2 transformation. The line-up of food and beverage outlets will include The Great Northern Market, a new JD Wetherspoon pub, a Joe and the Juice…
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17 September
Pret A Manger FY global sales hit £1.1bn for first time
Pret A Manger has reported a 10% increase in first-half sales to £569m, whilst also revealing that global sales hit £1.1bn for FY23 for the first time, following its expansion into overseas markets. Pret confirmed that it achieved its medium-term growth target during FY23, which was set in 2021. The…
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16 September
Experiential hospitality more compelling than traditional venues, research finds
Experiential venues like competitive socialising bars, event spaces and food halls have emerged as an “increasingly compelling” alternative to traditional hospitality venues, according to research from CGA by NIQ. CGA’s new report found that 35% of consumers that go out for competitive socialising activities do so every week, following a…
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13 September
Trio of food operators to open at Gloucester Quays
Pret a Manger, Krispy Kreme and Subway are all going to make their city debut at Gloucester Quays. Opening on High Orchard Street in a 1,841 sq ft unit with room to seat 85 customers, the new Pret a Manger shop will serve a menu of freshly-made food and organic…
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Aug- 2024 -29 August
Foodservice inflation falls to 3.1% in July
Foodservice rates fell to 3.1% in July, showing that inflation has now fallen for 13 consecutive months, according to Prestige Purchasing and CGA by NIQ’s latest Foodservice Price Index report. However, the report also indicated a slight uptick in month-on-month prices, with the whole basket of items increasing by 0.2%…
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21 August
McDonald’s to open 200 UK&I restaurants amid £1bn investment
McDonald’s has announced plans to open over 200 new restaurants across the UK in the next four years, as the fast food group along with its franchisees will invest £1bn in celebration of 50 years in the country. The new openings will create more than 24,000 jobs across the UK…
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19 August
On Premise alcohol consumption falls 23% as soft drinks gain popularity
The On Premise is witnessing a marked decrease in alcohol consumption, with a 23% decline in the UK, resulting in a growing appetite for soft drink options, according to CGA by NIQ’s leading OPUS data. Among the 18-24 year old demographic, almost a third (30%) reported drinking less than they…
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16 August
WHSmith rolls out café format amid food-to-go popularity
WHSmith has launched Smith’s Kitchen, a new own-brand café format that will offer dine-in and takeaway options, outside of travel locations. Smith’s Kitchen is the latest major food and drink launch this year, as WHSmith aims to expand its offering for customers and partners. According to the retailer, the new…
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