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.

Oct- 2024 -

1 October

Greggs sales rise 10.6% in Q3

Greggs has reported “good” like-for-like sales growth over the Q3 ended 28 September, as total sales rose 10.6% and like-for-like sales in company-managed shops rose by 5% against the same period last year. According to the high street bakery chain, September proved to be the strongest month of the quarter,…
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Sep- 2024 -

30 September

September sunshine brings drinks sales back into growth

Average sales in Britain’s managed venues in the week ended 21 September were 3% ahead of the same period in 2023 after a bout of sunny weather. Widespread sunshine brought consumers out to beer gardens and terraces, and sales were up by between 8% and 11% from Monday 16 to…
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30 September

Incipio Group ‘record’ FY sales hit £25.9m

London-based hospitality operator, Incipio Group, has reported record sales of £25.9m for the year to 31 December 2023, having increased 32% against 2022. Meanwhile, the group also reported “record” adjusted EBITDA on continuing operations of £2.5m – a £1.8m improvement on the previous year. It comes as the group focused…
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27 September

Chick-fil-A targets UK expansion

Atlanta-based fast food restaurant Chick-fil-A has announced that it is targeting sites in London, Leeds, Liverpool and Belfast as it looks to expand into the UK market. The brand has stated that it is “in the process of selecting operators” for the four cities and hopes to open a total…
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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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