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- 2022 -25 October
Various Eateries sales ahead of market expectations for FY22
The operator of all-day club and restaurant sites in the UK, Various Eateries, has reportedly delivered a “solid” trading performance for FY22, with sales for the year expected to be ahead of market expectations at over £40m. It is reported that for the six months between 4 April and 2…
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25 October
Drinks sales surpass 2021, but inflation slows growth
Average drink sales in managed venues in the seven days to Saturday (15 October) were 5% ahead of the same week last year, and 4% up on the equivalent period in 2019, according to CGA by NielsenIQ’s Drinks Recovery Tracker However, with CPI inflation reported this week to be at…
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21 October
Deliveroo warns of growth hit despite strong Q3
Deliveroo has warned that future sales could be hit by the ongoing cost of living crisis, despite welcoming continued year-on-year growth in Q3. Over the period, gross transaction value (GTV) rose by 8% year-on-year, while GTV per order was up 6%, largely driven by item level price inflation. Nonetheless, orders…
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19 October
Just Eat returns to profit despite orders slump
Just Eat Takeaway.com has announced it has returned to profitability in Q3, reporting a positive adjusted EBITDA, despite reporting a marked decline in total orders. While its return to profitability was materially ahead of prior guidance, total orders were down by 11%, falling from 265.8 million to 235.3 million in…
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19 October
Cairn Group appoints new director of F&B operations
Newcastle-based Cairn Group has announced the appointment of David Ladd as the company’s director of food and beverage operations to oversee its portfolio of standalone restaurants and bars. It is reported that Ladd joins from Bar Soba Group where he headed the Pan Asian brand and was responsible for an…
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18 October
Kerb announces two new traders at the National Theatre
London-based food market operator, Kerb, has revealed that Bad Boy Pizza Society and Mumbai Mix are joining Lucky’s Hot Chicken at the National Theatre this autumn. It is reported that the two new traders will help Kerb build on its recent success, which is said to have been underpinned by…
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13 October
Jamie Oliver partners with Taster for pasta delivery roll-out
Jamie Oliver has partnered with Taster, a delivery-first restaurant group, to launch a new collaboration on the delivery market, Pasta Dreams. Pasta Dreams launches in London today (13 October) from a delivery-first pop-up in Archer Street, Soho. The pop-up will be open for customers to click and collect from, as…
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7 October
Foodservice Price Index tops 15% for the first time
Food and drink price inflation in hospitality hit 15% for the first time in the history of the CGA Prestige Foodservice Price Index in August, according to new data. A combination of droughts, the war in Ukraine and the “spiralling” costs of commodities, energy and labour throughout the supply chain…
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Sep- 2022 -30 September
Popeyes expands its UK presence with four more sites
Popeyes Louisiana Kitchen UK, has announced its next wave of UK restaurant openings, with in-line sites due to open in Derby, Leicester, Liverpool and Cambridge. The news follows the successful launch of its two latest sites, Gateshead and Oxford. Its Derby site will open to the public in late October,…
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23 September
Bennett Hay appoints new culinary director
Bespoke catering services company, Bennett Hay, has announced the appointment of Candice Webber as the group’s new culinary director, a senior role in the operator’s leadership team. In her new role, Webber will focus on food and drink, and head its culinary department. She will also be responsible for developing…
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