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.
-
May- 2022 -24 May
Jamaica Blue launches first Northern Irish store
Jamaica Blue has opened its first casual dining coffee shop in Ireland at the Forestside shopping centre, Belfast, as part of the coffee chain’s UK wide expansion. The new site has seen the business invest £350,000 in fit out costs, and it will employ up to 15 people as part…
Read More » -
24 May
SSP revenues surge 212.9% as travel rebounds
The SSP Group has reported its revenues surged 212.9% year-on-year to £803.2m for the six month period ended 31 March 2022 (H2), recovering “strongly” with 64% growth compared to pre-Covid levels as the travel sector rebounds. SSP operates brands such as Upper Crust and Ritazza, as well as franchises for…
Read More » -
23 May
McDonald’s to sell Russian arm to local businessman
McDonald’s has announced it has initiated a process to sell its Russian business, having entered into a sale and purchase agreement with its existing licensee, Alexander Govor. Last week (16 May), Mcdonald’s announced that it will exit the Russian market after more than 30 years of operations in the country.…
Read More » -
17 May
Vagabond opens first airport site at Heathrow
Vagabond Bar and Kitchen has announced it will launch its first airport site this week at Heathrow’s Terminal 5, following a £1.2m investment. The new site will be composed of 4,500 square feet, with space for 170 guests, and it will create 60 new jobs. Over 100 varieties of wine…
Read More » -
17 May
Mcdonald’s to launch on UK Deliveroo
Deliveroo and McDonald’s have announced a new, long-term global strategic partnership which will see McDelivery available through the Deliveroo platform in markets across the world. The partnership includes the UK, Deliveroo’s largest market, where McDelivery will become available on the platform during the second quarter. The partnership is expected to…
Read More » -
16 May
McDonald’s to permanently exit Russia after 30 years
McDonald’s Corporation has announced it will permanently exit the Russian market after more than 30 years of operations in the country, and it has initiated a process to sell its Russian business. McDonald’s said the humanitarian crisis caused by the war in Ukraine, and the precipitating unpredictable operating environment, had…
Read More » -
16 May
Greggs Q1 sales surge 27.4% to £495m
Greggs has reported its like-for-like sales in company-managed shops surged 27.4% to £495m in the first 19 weeks of FY22 (Q1), up from £378m in Q1 FY21 when restricted trading conditions impacted sales. However, sales levels in larger cities and in office locations continue to lag the rest of the…
Read More » -
13 May
Wendy’s sees Q1 profits fall by almost 10%
Wendy’s has reported that its operating profit dropped 9.9% to $74.9m (£61.46m) in the first quarter of FY22, compared to $83.1m (£68.19m) in the same period last year, due to higher general and administrative expenses and a decrease in the company-operated restaurant margin. Wendy’s company-operated restaurant margin fell 5.4% to…
Read More » -
12 May
Popeyes doubles up in Essex with new Romford restaurant
Popeyes UK is opening its second restaurant in Essex with the new Romford site set to open on Saturday 11 June 2022, seating up to 72 guests. The Romford restaurant marks the brand’s third site in the country, following the announcement of a Chelmsford location and the launch of its…
Read More » -
10 May
The Yards unveils food operators for spring/summer season
Longmartin Properties Ltd, a joint venture between Shaftesbury and the Mercers’ Company, has unveiled a series of food operators that will be present in The Yards, Covent Garden, throughout the spring and summer. The shopping centre will host Baklava ice cream sandwiches and a rotating restaurant food truck, as well…
Read More »
