News
The News section on Catering Today delivers the latest updates and developments across the UK hospitality and catering industry. Covering restaurants, pubs, quick service brands, and catering groups, it reports on company announcements, market performance, government policy, and sector-wide trends. With a focus on commercial and operational impact, Catering Today’s news coverage keeps hospitality professionals informed of the events and decisions shaping business conditions and strategic opportunities across the sector.
-
Aug- 2024 -12 August
Today’s news in brief – 12/08/24
Revolution Bars Group will go ahead with its restructuring plan, which was first launched on 31 May. The news comes after the group’s subsidiary, Revolution Bars Limited, which proposed the restructuring plan, was sanctioned by the Court last week (8 August). The board expects this plan to deliver a “significant”…
Read More » -
12 August
Rhubarb Hospitality acquires The Brewery
Rhubarb Hospitality Collection (RHC) has acquired The Brewery, a large scale event venue in London. The Brewery is located in the City of London and hosts more than 500 events annually, including many corporate events. The existing management team, led by chief executive James Varah, will work with RHC’s chief…
Read More » -
12 August
Kricket to launch fifth London site in Shoreditch
Modern-Indian restaurant group Kricket has confirmed plans to launch its fifth site in late 2024. Its second opening this year, co-founders Rik Campbell and Will Bowlby will open a 120-cover all day restaurant and bar in Shoreditch. The duo founded Kricket in 2015 as a pop-up in a shipping container…
Read More » -
12 August
White Rabbit Fund acquires Island Poke
Hospitality incubator White Rabbit Fund has announced the acquisition of Island Poke’s assets, having recently undertaken a voluntary restructuring. Island Poke, which serves Hawaiian poke bowls, opened its first permanent restaurant in Soho in 2016. However, due the economic turmoil of the pandemic coupled with the impact of inflation, the…
Read More » -
12 August
Revolution Bars to go ahead with restructuring plan
Revolution Bars Group, the operator of the Revolution, Revolucion de Cuba and Peach Pubs brands, has announced that its restructuring plan – which was launched on 31 May – has been approved. The news comes after the group’s subsidiary, Revolution Bars Limited, which proposed the restructuring plan, was sanctioned by…
Read More » -
9 August
Today’s news in brief – 09/08/24
RBI’s total revenues for Q2 leapt 17.2% to $2.08bn (£1.63bn), as group-wide sales grew 5.4% to $11.25bn (£8.82bn). Tim Hortons saw a 5.4% rise in group-wide sales to $1.93bn (£1.51bn), while Burger King experienced a slight 0.7% decline to $2.92bn (£2.29bn). Popeyes also saw sales growth of 4.6%, reaching $1.55bn…
Read More » -
9 August
Itsu to open first shopping centre site in Manchester
Itsu, the Asian-inspired restaurant brand with over 80 locations across the UK, has announced it is set to open its first shopping centre site in the North at retail and leisure destination, Trafford Centre. Set to open in Autumn 2024, the new Trafford Centre location will take over a 2,900…
Read More » -
9 August
Proper Pubs launches ‘Meet the Team’ initiative
Proper Pubs, a wet-led operator division of Admiral Taverns, has launched a brand-new ‘Meet the Team’ initiative to address the nationwide hospitality recruitment issue. Since the end of July, Proper Pubs has been hosting a series of open days at several of its sites across the country to combat this…
Read More » -
9 August
The Salad Project to open sixth site on Fenchurch Street
The Salad Project will be opening its sixth location on London’s Fenchurch Street on 16 August. Fenchurch Street will not only serve as one of the chain’s healthy lunch spots, but will also house The Salad Project Training Academy and the SP Testing Lab for “the latest recipe development and…
Read More » -
9 August
Restaurant Brands International Q2 revenues hit $2bn
Restaurant Brands International (RBI) has revealed that total revenues leapt by 17.2% to $2.08bn (£1.63bn) from a year prior, as group-wide sales grew 5.4% to $11.25bn (£8.82bn) in the second quarter to 30 June. It comes as net incomes during the period rose by 13.5% to $339m (£265m), which the…
Read More »
