News-In-Brief

Mar- 2025 -

11 March

Today’s news in brief – 11/03/25

Bill’s has reported that its EBITDA has doubled to £11.2m over the past two years, following a “remarkable” turnaround in sales and guest metrics. The chain said its performance coincided with the appointment of Tom James to the role of managing director in October 2022, who joined with a “clear…

10 March

Today’s news in brief – 10/03/25

Bistrot Pierre has been rescued by Cherry Equity Partners in a pre-pack administration, ensuring that 10 sites will continue to trade and safeguarding exactly 394 jobs. However, the transaction did not include eight other restaurants which will close immediately, resulting in 158 redundancies. For the year ended June 2023, the…

7 March

Today’s news in brief – 07/03/25

Just Eat has rolled out its new drone-operated deliveries in partnership with Manna, a drone delivery company. Following the new partnership, customers will have the choice to receive their orders from participating partners via drones, which will be deployed from local delivery hubs operated by Manna. The service is already…

6 March

Today’s news in brief – 06/03/25

Côte Brasserie has appointed Emma Dinnis as its new CEO. Dinnis joins the French brasserie chain following a tenure as managing director of Sofology, where she led the brand’s customer-first transformation. She brings experience in retail and hospitality, having held senior leadership roles at Topshop/Topman, M&Co, Ikea, and M&S. She…

5 March

Today’s news in brief – 05/03/25

Boxpark has appointed the former boss of Gusto Italian as its new CEO, as the hospitality operator continues to expand in the UK. The news follows the appointment of Chris Burford as CFO, who will be supporting and strengthening the operations and growth strategy of the business. Matt Snell, who…

4 March

Today’s news in brief – 04/03/25

Greggs has surpassed the £2bn mark as its sales increased 11.3% to £2.014bn in the year to 28 December 2024. The group’s underlying pre-tax profit also increased 13.2% to £189.8m, while its total pre-tax profit was up 8.3% to £203.9m. During the period, the group stated that its evening trade…

3 March

Today’s news in brief – 03/03/25

Drinks sales across managed venues rose 4% in the week to Saturday 22 February, marking only the second week of growth in 2025 so far. Trading beat the levels of last year on six of the seven days, and was ahead by between 8% and 11% every day between 17…

Feb- 2025 -

28 February

Today’s news in brief – 28/02/25

Papa John’s full-year revenues fell by 4% to $2.06bn (£1.64bn), as global restaurant sales fell by 3% to $4.85bn (£3.85bn). It comes as North American sales were down 4% from 2023, while sales at the group’s international restaurants fell by 1% during the same period. Meanwhile, total revenues for the…

27 February

Today’s news in brief – 27/02/25

Hospitality sales fell by 1.3% year-on-year in January, following like-for-like growth of 3.2% in December and January. This was the lowest recorded figure since April 2024, and only the second month of negative trading since early 2022. Sales in early January were restricted by a squeeze on consumers’ spending after…

26 February

Today’s news in brief – 26/02/25

Starbucks is set to cut 1,100 jobs as part of its global turnaround plan. Chief executive Brian Niccol stated that the decision aims to streamline the company’s structure by eliminating redundancies and forming smaller, more agile teams. While individual partners whose jobs are being eliminated have been informed, the group…