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 -18 April
Molson Coors announces £100m investment in UK breweries
Molson Coors Beverage Company is set to invest more than £100m in its UK business infrastructure over the next five years. According to Fraser Thomson, Molson Coors’ chief supply chain officer for Western Europe, the investment allows the company to grow its brewing and packaging capacity at a time when…
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18 April
Hospitality sales rise 5.2% in March due to Easter boost
Britain’s top hospitality groups experienced above-inflation like-for-like sales growth of 5.2% in March, according to CGA and RSM latest Hospitality Business Tracker. While hospitality operators enjoyed the boost to trading that events such as Mother’s Day and St Patrick’s Day brought, the high growth metrics seen in the Tracker…
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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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