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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Mar- 2022 -30 March
Hospitality sees city-centre recovery as sales and footfall rise
Hospitality businesses are starting to build sales momentum in Britain’s big cities after sales increased by 3% with a “steady” return of workers, shoppers and visitors, according to the latest ‘Top Cities Vibrancy Report’ from CGA and Wireless Social. Across the cities, sales increased by 3% on the equivalent pre-pandemic…
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29 March
Covent Garden welcomes two new F&B openings
Longmartin Properties, a joint venture between Shaftesbury and the Mercers’ Company, has announced two new F&B signings in Covent Garden. Totalling almost 2,000 sq ft, The Yards, Covent Garden, will welcome a restaurant debut for UKIYO and a central London debut for Buns from Home. Japanese temaki and sashimi concept…
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28 March
The Lucky Club to open in London this spring
The Lucky Club, cocktail and casual dining venue, is set to open a roof terrace within The North Yard of Camden Market, London in May 2022. Following the brand’s debut site in Mayfair, the 5,600 sq ft Camden Market space, which sits upon the historic Grade II listed horse hospital,…
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18 March
J D Wetherspoon returns to normal trading amid improving sales
In the most recent three-week period, to 13 March 2022, J D Wetherspoon has revealed it has seen sales improve to just 2.6% lower than the equivalent period in 2019. In its preliminary results for the 26 weeks ended 23 January 2022, the group reported revenues of £807.4m, down by…
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15 March
Six celebrity chefs raise over £70k to support Ukraine
Six well known UK chefs have raised over £70k as part of a charity dinner to support the work of the DEC’s Ukraine Humanitarian Appeal. Taking part in the one-off special event were Nieves Barragan (Sabor), Lisa Allen (Northcote), Tom Kerridge (Kerridge’s Bar and Grill), Angela Hartnett OBE (Murano), Neil…
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14 March
Hospitality managed groups’ sales up 3% in February
Managed groups’ like-for-like sales in February were 3% higher than in February 2019, according to the Coffer CGA Business Tracker, produced by CGA in partnership with The Coffer Group and RSM. It revealed the lifting of all Covid-19 restrictions helped Britain’s managed restaurant, pub and bar groups to raise sales…
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8 March
Dominos welcomes ‘robust trading’ in FY21
Dominos has welcomed a year of “robust” trading in what it calls a “transformational year”, with strong sales, strategic progress, resolution with franchisees and significant returns to shareholders. Its underlying profit before tax rose by £12.7m to £113.9m in the period, driven by ongoing strong sales, with system sales rising…
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2 March
Just Eat revenues surge 33% despite ‘peak year’ of losses
Just Eat has reported its revenues surged 33% to €5.3bn (£4.41bn) for the full year in 2021, up from €4bn (£3.33bn) in 2020, despite Just Eat reporting a “peak year” for losses. Losses for the period on an IFRS basis were €1.04bn (£8.69m) in 2021, widening from a loss of…
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Feb- 2022 -28 February
Storms ‘batter’ UK drinks sales, CGA finds
Average drinks sales by value for managed pubs, bars and restaurants were down 18% in the week to last Saturday, 19 February, compared to the same period in 2020, as a result of both storm Dudley and Eunice meaning many consumers decided not to venture out. Friday 18 February, when…
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21 February
Delivery sales reach five times pre-pandemic level
Leading restaurant and pub groups saw delivery sales reach five times their pre-pandemic levels in January, according to the latest CGA and Slerp Hospitality at Home Tracker. Such groups recorded a massive 422% increase in sales by value from January 2019, while takeaway sales were 29% up, as customers continued…
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