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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Oct- 2023 -23 October
Pret A Manger to expand in US with Dallas International JV
Pret A Manger has announced a new joint venture partnership with existing franchisee, Dallas International, to expand its operations in the US through a combination of new equity shops and additional franchise agreements. As part of the new partnership, Dallas will have operational control of approximately 50 Pret shops in…
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20 October
Boxpark to open Birmingham site in 2025
Boxpark has announced that it is set to launch its first venue in Birmingham in 2025. The company has agreed a 15-year lease with landlords The Arch Company for the Floodgate Street Arches site in Digbeth. It has been looking to expand to Birmingham since 2016 and the Digbeth site…
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19 October
Deliveroo sales rise by 5% in Q3
Deliveroo sales have risen by 5% year-on-year in its third quarter, boosted by an improving trend in orders, which rose by 1% year-on-year. According to the group, growth trends were “underpinned by a further strengthening of the consumer value proposition (CVP)”. Which includes expanded selection, targeted promotions and service enhancements.…
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18 October
Market Place Vauxhall adds three new vendors
Market Place, the indoor street food restaurant and bar brand, has added three new independent food traders to its Vauxhall site. The introduction of the new traders comes off the back of a successful year for the Vauxhall street food venue which celebrated its first anniversary earlier this year. Sushi…
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16 October
Dreamland Margate appoints Kerb and Peppermint as F&B partners
Levy UK and Ireland partners, Kerb and Peppermint, have been appointed to take charge of the food and beverage operations at Dreamland Margate, the seaside entertainment and amusement park on the Kent coast. Kerb will support and grow the local traders already working at Dreamland Margate as well as bringing…
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6 October
Shake Shack set to open in Oxford
Fast food restaurant Shake Shack has announced that it is set to open a new venue in Oxford. Set over three floors, the new Shack will open early next year with a prime location on Cornmarket Street, a major pedestrian shopping hub in Oxford’s historic centre. In preparation for the…
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4 October
Tortilla revenues increase 22% in H1
Tortilla revenues grew 22% to £32.7m during the 26 weeks ended 2 July, as cost pressures have eased and consumer confidence grew in the UK. However, while adjusted EBITDA reduced from £2.5m in H1 2022 to £1.8m in the current year, the fast-casual chain reports this is in-line with market…
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Sep- 2023 -20 September
Market Halls revenues surge 155% to £22m in FY23
Food hall operator, Market Halls, saw revenues grow 155% from £8.6m to £22m in the year to July 2023, as like-for-like sales leaped 40% since the Covid-related “soft trading” in the previous year. The group also announced that EBITDA before company costs grew to £2.6m in the year, as it…
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15 September
Chick-fil-A plots UK return
US fast food brand Chick-fil-A has announced that it is set to relaunch in the UK in early 2025. The move comes a few years after the company closed its UK locations following protests from LGBTQ+ groups. Chick-fil-A currently has more than 2,800 restaurants across the United States, Puerto Rico…
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11 September
UK drinks sales flat for second consecutive week
UK drinks sales were up a mere 0.4% for the week ended 2 September compared with the same period last year, according to data from CGA. This follows growth of 1% and 5% in the previous two weeks, which came after five successive weeks of negative numbers. The CGA said…
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