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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Jun- 2024 -14 June
Today’s news in brief – 14/06/24
Wolseley Hospitality Group has drafted in restructuring advisers from AlixPartners to advise on cost management issues. The talks, which are said to be at an early stage, could lead to a “range of outcomes”, sources told Sky. Sky noted it was “unclear” what had prompted the re-engagement with AlixPartners, however.…
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14 June
Wolseley Hospitality Group owner calls in restructuring advisers
The owner of Wolseley Hospitality Group has reportedly drafted in restructuring advisers to advise on cost management issues. According to Sky News, Minor Hotels has appointed AlixPartners to advise on these issues at Wolseley Hospitality Group, whose portfolio includes The Wolseley, The Delaunay and Brasserie Zédel, among others. The talks, which…
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14 June
Shoryu Ramen announces new opening in Westfield Stratford City
Shoryu Ramen has announced the launch of its newest venue in Westfield Stratford City. The new opening will become the brand’s 12th opening and is set to open in July this year. The new venue will be situated at 211 The Balcony and will occupy an area of 79m². The…
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14 June
Humble Crumble to open first West End site
Humble Crumble, the artisan crumble bakery, is set to open a dedicated unit in the West End as the brand begins its expansion plans across the capital. Joining its current locations in Camden Market, Borough Market, and Spitalfields, Humble Crumble is set to open a store in Seven Dials Warehouse,…
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14 June
Radio unveils new design ahead of ME London reopening
Rooftop bar Radio has unveiled a “striking” new design refresh ahead of its reopening at five-star hotel ME London on Friday 28 June. The 200-seat rooftop venue, which was designed by international restaurant designer, Bernard Caroll, benefits from “classic and contemporary” luxury with Eastern-inspired detailing that create an environment that…
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14 June
Euros boost Father’s Day bookings by 44%
Booking for this year’s Father’s Day (16 June) has risen 44% compared to last year, according to the latest hospitality insights from Zonal. This spike in Father’s Day bookings has been attributed to Brits gearing up to celebrate their dads over a Euros-packed weekend. Dinner reservations for this Sunday are…
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13 June
Today’s news in brief – 13/06/24
Fuller’s has reported a 61% rise in profits before tax to £20.5m for the year ended 30 March. It comes as sales at the brewing company rose by 7% to £359.1m, while EBITDA reached £60.8m. During the year, the company also invested £27.2m in its existing estate of properties. UKH…
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13 June
Fuller’s FY profits soar 61% to £20.5m
Fuller’s has today (13 June) announced a 61% increase in profit before tax to £20.5m for the 53-week period ended 30 march. It comes as sales at the brewing company rose by 7% to £359.1m, while EBITDA reached £60.8m. Like-for-like sales were up 11%, with Fuller’s announcing “strong” sales and…
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13 June
‘Back hospitality to serve Britain’, UKH urges
UKHospitality plans to call on all political parties to give their backing to the sector at its annual summer conference, as it maintains that hospitality can grow at a “significantly” faster rate than the wider economy. According to economic analysis from UKH and Ignite Economics, the sector can grow by…
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13 June
CGA names Brunning and Price as UK’s top pub operator
Brunning and Price, part of the restaurant group, has been named the UK’s top pub operator for a second consecutive year by CGA’s outlet index survey. Other operators in the top five include St Austell Brewery, Hydes Anvil, Youngs and Everards. Brunning and Price also tops the rankings when measured…
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