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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May- 2022 -10 May
Foodservice Price Index hits record high as supply issues mount
Year-on-year inflation in the foodservice sector hit 13.6% in March 2022 due to the impacts of the war on Ukraine on key food commodities, according to CGA and Prestige Purchasing. The figure is the highest in the history of CGA’s Prestige Foodservice Price Index, and continues a surge in prices…
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9 May
Drinks sales remain above pre-Covid levels for second week
On premise drinks sales held just above pre-Covid levels for the second week in a row in the seven days leading to last Saturday, 30 April, due to a “bright start” to the bank holiday weekend. According to CGA’s Drinks Recovery Tracker, “reasonable” weather at the start of the long…
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6 May
The Athenian partners with Growth Kitchen amid expansion plans
Greek street food player, The Athenian, has announced it has entered into a multi-site agreement with Growth Kitchen, the food-tech startup operating smart satellite kitchen networks, to bolster its expansion in London. Using its expansion tool, which includes spend data, average transaction size and demographic and competitive data, Growth Kitchen…
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5 May
Domino’s welcomes strong trading in Q1
Domino’s has welcomed a period of strong trading in its first quarter, with like-for-like system sales, excluding splits and the impact of higher VAT, rising 3.9% in the period ended 27 March 2022. Orders grew by 5.5% in the quarter despite a strong comparative, reflecting the “stimulus” to its delivery…
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5 May
Creams CEO steps down as Pistachio Holdings ups stake
Creams has announced that Adam Mani, co-founder and chief executive officer (CEO), will step down from his position as CEO to assume the role of chief innovation officer. The announcement comes as Creams’ majority shareholder, Pistachio Holdings, and co-investor, Salonica Maroon, have acquired a further shareholding from the brand’s founders,…
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3 May
SushiDog to open third site on Brewer Street
SushiDog has announced it will open its third site on Soho’s Brewer Street on 10 May, joining the brand’s two sites in Covent Garden and Shepherd’s Bush. Founders Greg Ilsen and Nick Goldstein confirmed they will be opening two new sites for the quick service sushi roll restaurant this year,…
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Apr- 2022 -28 April
GMB warns of ‘summer beer drought’ as brewery workers support strike
The GMB trade union has warned of a “summer beer drought” after brewery workers voted in favour of strike action. Some 225 GMB members working at BBG’s Samlesbury site which brews Budweiser, Stella Artois, Becks, Boddingtons and Export Pale Ale, will start an overtime time ban, not engage in training…
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28 April
Whitbread brings back dividend as it returns to profitability
Whitbread PLC has reported it has returned to profitability in the 53-week period ended 3 March 2022 (FY22) as it hailed pre-tax profits of £58.2m, compared to a loss of £1bn in FY21. As a result, Whitbread is reinstating dividend payments with the board declaring a final dividend per share…
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26 April
Delivery and takeaway sales slip as consumers return to eating out
Britain’s managed restaurant and pub groups’ delivery and takeaway sales fell 24% year-on-year after consumers resumed eating out, according to the CGA and Slerp Hospitality at Home Tracker. Groups’ combined delivery and takeaway sales in March 2022 were 119% higher than in March 2019. Three-year sales growth for deliveries stands…
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25 April
Gravity to open £10m leisure and F&B offering at Liverpool One
Leisure and entertainment company, Gravity Active Entertainment, has announced the opening of a flagship location that will house a “modern F&B offering” at Liverpool One. Following a £10m investment, Gravity said it is building on the “increased interest” in leisure experiences, with Liverpool One being the company’s flagship in its…
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