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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Apr- 2024 -17 April
Today’s news in brief – 17/04/24
Just Eat has revealed a UK&I Gross Transaction Value growth of 11% to £1.4bn in Q1 2024. However, the total number of orders decreased 6% to 214 million, compared to 227 million the previous year. Only in the UK and Ireland the number of orders during the period slightly increased…
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17 April
Just Eat UK&I GTV rises 11% in Q1
Just Eat has reported a UK&I Gross Transaction Value (GTV) growth of 11% to €1.7bn (£1.4bn) in Q1 2024. Northern Europe GTV also increased 5% to €2bn (£1.7bn) while Southern Europe and ANZ dipped 15% to €495m (£422m). Total GTV for the company amounted to €6.5bn (£5.5bn). However, the total…
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17 April
Joe and the Juice appoints former Domino’s CFO to board
Joe and the Juice has announced that Jeffrey Lawrence, a seasoned foodservice and consumer retail industry executive, has joined its board of directors. Lawrence’s presence on the board will support Joe and the Juice as it further accelerates its growth and expansion in international markets. He brings more than 25…
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17 April
Cooks Coffee UK&I store sales rise 17.6% in FY24
New Zealand-headquartered coffee chain, Cooks Coffee, has reported that group store sales rose by 17.6% to NZ $58.2m (£27.5m) for the year ended 31 March. It comes as Cooks’ UK store sales rose 21.1% to NZ $38.3m (£18.5m) during the period, with Irish store sales rising 11.3% to NZ $19.9m…
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17 April
Elior UK launches new delivery robot at the University of Roehampton
Contract caterer Elior has introduced new autonomous delivery robotics to deliver food to students’ rooms at the University of Roehampton, London. Elior provides student catering at the University of Roehampton’s campus restaurants and noticed that many preferred the ease and convenience of ordering takeaways directly to their halls of residence.…
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16 April
Today’s news in brief – 16/04/24
Hostmore will be acquiring TGI Fridays’ US brand for £177m. The proposed transaction would result in existing Hostmore shareholders holding a 36% stake in the enlarged business upon completion, with TGI Fridays’ shareholdings having a 64% stake. Once the acquisition is finalised, the group is expected to be renamed ‘TGI…
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16 April
Shake Shack to open in Notting Hill
Shake Shack has announced that it is set to open a new site in Notting Hill in London, its 17th UK opening. Set over two floors, the new site will boast a prime location in front of Notting Hill Gate station exit. This follows the reopening of its flagship store…
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16 April
Italian restaurant Sale e Pepe appoints new GM
Italian restaurant Sale e Pepe located in Knightsbridge has announced the appointment of Luca Danisi as its new general manager. With a distinguished career in the hospitality industry, Danisi brings a wealth of experience and expertise to the front-of-house team at Sale e Pepe, having previously worked as a GM…
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16 April
Sticks’ N’ Sushi to open new site in Richmond
Sticks’n’Sushi is set to open the doors of its newest UK restaurant in Richmond, London on 5 May. The new site will offer its unique combination of sushi and yakitori-sticks. Its menu will also cater to all tastes including plant-based options such as the Kinoko Katzu, Eringi, Green Gate and…
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16 April
Hostmore to acquire TGI Fridays for £177m
Hostmore has reached an agreement for an all-share acquisition of TGI Fridays for £177m, including the business’ brand in the US which is the company’s franchisor. The parties have agreed that the proposed transaction would result in existing Hostmore shareholders holding a 36% shareholding in the enlarged business upon completion,…
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