News
The latest industry news 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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Sep- 2024 -27 September
Greene King appoints new CFO
Greene King has announced the appointment of Jonathan Fearn as its next chief financial officer, following news that Richard Smothers will be retiring from the role in April 2025. Fearn will join the pub company and brewer from Abcam, a Cambridge-based global life science company which provides products for scientists…
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26 September
Today’s news in brief – 26/09/24
Prezzo has appointed the former Brewdog CEO to lead the recovery plan, while the restaurant chain’s former chief executive, Dean Challenger, will rejoin as chief financial officer. It comes as Prezzo, which is now owned by Cain International, is undergoing a restructuring plan, having closed roughly a third of its…
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26 September
Prezzo appoints former Brewdog CEO to lead recovery plan
Prezzo has reportedly appointed former Brewdog chief executive James Brown as its new CEO, as part of its post-collapse recovery plan, Sky News has reported. Meanwhile, former Prezzo CEO, Dean Challenger, will also rejoin the group as chief financial officer. Having served in a range of leadership roles at Brewdog…
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26 September
Mitchells and Butlers sees LFL sales rise by 5.2%
Mitchells and Butlers has reported a 5.3% like-for-like sales growth for the 51 weeks ended 21 September 2024 and a 5.9% increase in total sales in the year to date. The group’s food sales were up 5.3% for the year to date, while its drink sales increased by 4.9%. Like…
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26 September
Buzzworks to create over 60 new roles in Edinburgh
Scotland-based hospitality group Buzzworks is set to create more than 60 new jobs in the Edinburgh area. The news comes after Buzzworks revealed plans to open a Lido café, bar and restaurant in Musselburgh this winter, following on from the success of sister venues already operating in Troon and Prestwick.…
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26 September
Freemans Event Partners appoints new CCO
Freemans Event Partners has announced the appointment of Natasha Thiebaut as its new chief commercial officer. Thiebaut has more than 25 years’ experience in the venue business, having worked with institutions such as Everton FC, FC Porto and Leinster Rugby. She has also worked at national stadiums including the Luzhniki…
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26 September
Restaurants enjoy ‘strong’ delivery sales in August
Restaurant group ended the summer with “strong” delivery sales, as like-for-like sales grew by 7.3% in August, according to CGA by NIQ. However, the positive performance was driven by increased prices, as the volume of takeaway orders continued a downward trajectory. Year-on-year increases in takeaways have been “comfortably” above the…
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26 September
Scotland’s Strone Inn hits the market
The Strone Inn in Dunoon, Scotland, has hit the market with an asking price of £275,000. The inn is a “picturesque” village pub boasting views over the bay, situated in a setting that “perfectly captures the charm of Scottish hospitality”. On the ground floor, the Inn features a Pub Bistro…
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25 September
Today’s news in brief – 25/09/24
Tortilla saw revenues in H1 fall from £32.7m to £31.5m, as overall like-for-like revenues fell 5.5% due to a planned decision to end its ties with Deliveroo. This move culminated in an “expected” delivery revenue decline of 10.3% like-for-like, albeit with improved delivery profitability of £0.5m in the first half.…
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25 September
Drinks sales drop 5%
Drinks sales in the UK’s managed venues have dropped 5% for the week ended 14 September 2024, far less than the 12% decrease seen the week before. Trading was negative on all seven days of the week, though Saturday fared slightly better than the rest with a decrease of just…
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