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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Nov- 2023 -14 November
West African restaurant Akara opens in Borough Yards
Aji Akokomi, owner of fine dining West African restaurant Akoko in Fitzrovia, has launched his new restaurant, Akara, in Borough Yards. The 40-seat restaurant is named after the West African dish known as black-eye bean fritters, and it serves the traditional flavours of the area. London-based design studio, A-nrd, has…
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14 November
Drinks sales up 7% as footfall bounces back
Britains’ pubs and bars saw average drinks sales jump 7% in the week ended 4 November helped by Halloween, Bonfire Night and big sporting events. This is the best weekly performance since September and follows a flat second half of October, when poor weather hit footfall in pubs and bars.…
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14 November
Soho House and Co appoints new COO
Soho House has announced the appointment of Tom Collins to the role of chief operating officer, where he will report to CEO Andrew Carnie. The announcement comes in the form of a promotion for Collins, who was previously the group’s UK, Europe and Asia managing director. Collins first joined the…
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13 November
Today’s news in brief 13/11/23
Daniel Thwaites reported a turnover of £60.3m for the half-year ended 30 September, up 4% year-on-year. The group’s operating profit, however, fell from £9.9m in the same period last year to £8.8m. The drop was attributed to the impact of property disposal, with the group making only a £200k profit…
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13 November
Loungers roll-out continues with four new sites
Loungers, a UK-based café, bar and restaurant operator under the Lounge, Cosy Club and Brightside brands, has revealed that its accelerated site roll-out plan remains firmly on track, with the launch of four new sites since it announced its landmark 200th Lounge opening on 13 September 2023. The three new…
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13 November
Temper to open new location in Paddington
Temper has announced it is branching out of central London to open a new restaurant location in Paddington Basin on 6 December. Staying true to its core ‘meat over fire’ concept, chef Director David Lagonell will work with a hand-picked selection of British suppliers to create a menu of temper…
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13 November
Wonderland Restaurants unveils next Park Row theme
Wonderland Restaurants has unveiled The Iceberg Lounge as its next theme at Park Row, London. The restaurant opened last Friday (10 November) and is inspired by the fictional venue from the Batman universe, owned by The Penguin. The Iceberg Lounge introduces a new menu of Modern Japanese dishes and cocktails…
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13 November
Daniel Thwaites turnover jumps 4% in H1
Daniel Thwaites has revealed that turnover for the half-year ended 30 September hit £60.3m, increasing by 4%. This is despite the group’s operating profit dropping from £9.9m last year to £8.8m for the half-year, which was attributed to the impact of property disposal at the hospitality group. Daniel Thwaites reported…
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10 November
Today’s news in brief – 10/11/23
Krispy Kreme reported net revenues of $407.4m (£333m) in Q3, marking a 7.9% increase compared with the same quarter in 2022. The international segment saw a 15.4% growth in net revenue. The company reported a GAAP net loss of $40.3m (£32.9m) for the quarter. Adjusted EBITDA in the quarter grew…
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10 November
Piano Works to leave West End for Covent Garden
Live music bar Piano Works has announced that it is moving to Covent Garden this month. It is re-opening within a Nightcap venue at the Gillian Lynne Theatre on the corner of Drury Lane. This comes after the company applied to Westminster Council to increase its licensed capacity at its…
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