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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Dec- 2023 -13 December
UK hospitality groups welcome 4% sales growth in November
Britain’s leading hospitality groups achieved year-on-year sales growth of 4% in November, a new CGA RSM hospitality business tracker reveals. Restaurant and bar groups have now achieved 14 months of like-for-like sales growth in a row. November’s figure marks an increase from October’s figure of 3.2% and is close to…
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13 December
Five Guys UK joins Zero Carbon Forum
Five Guys UK is among ten new members to join Zero Carbon Forum, where it will sit alongside more than 60 operators across the industry. Zero Carbon Forum members work to “pool their resources” and share learnings to accelerate emission reduction and adapt to the impacts of climate change. All…
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13 December
Proper Pubs opens 200th pub in Glasgow
Proper Pubs, the community wet-led operator division of Admiral Taverns, has opened its 200th pub, the Chrystal Bell, in Gallowgate, Glasgow, ahead of Christmas. The news of the group’s 200th opening comes after Proper Pubs invested over £10m into its estate to support local communities, with 17 pubs having opened…
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12 December
Nando’s revenues hit £1.2bn in FY23
Nando’s has reported that revenues increased to £1.2bn for the year ending February 2023 with sales for the group in excess of pre-pandemic levels. Operating profit for the company returned to £17m for the first time since 2020 as margin on returning sales exceeded its fixed operating costs. The group…
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12 December
Shake Shack to open in Oxford
Shake Shack has announced that it is set to open in Oxford on 18 December, its 15th UK location. Shake Shack Oxford is set over three floors, with a prime location on Cornmarket Street, a major pedestrian shopping hub in the city’s historic centre. The interior is inspired by local…
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12 December
Shake Shack CEO to retire in 2024
Shake Shack has announced that Randy Garutti, the company’s chief executive officer for more than two decades, will retire in 2024 upon the selection of his successor. He will continue to lead the company as its CEO and as an executive board member through that time. The company intends to…
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11 December
UKH welcomes new Ofgem proposals
UKHospitality has welcomed Ofgem recent proposals to expand protections for businesses in the energy market. The energy regulator has launched a statutory consultation on proposals to ensure all businesses get the highest standards of service and provide more clarity on the costs being paid to third party energy brokers. The…
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11 December
UK drink sales dip amid strong World Cup comparatives
Year-on-year drinks sales in Britain were down again last week—though the 2022 football World Cup made for difficult comparatives, CGA said. CGA by NIQ’s daily drinks tracker shows average sales in managed venues in the week to last Saturday (2 December) were 2% behind the equivalent week in 2022. It…
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11 December
Levy expands into sports merchandising
Levy UK and Ireland has announced ‘Levy Merchandising’, its strategic expansion into the realm of sports merchandising. Levy Merchandising will design and manufacture a wide range of sportswear from technical products through to non-technical fanwear. The company will also produce a comprehensive range of souvenirs and accessories. Vinny Clark, has…
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8 December
Today’s news in brief – 08/12/23
The Carlsberg Marston Brewing Company has announced the closure of the Ringwood Brewery. Founded in 1978 and known for its craft ales, the brewery faced a decline in production and employment over recent years. Despite efforts from a consortium aiming to revitalise the brewery as an independent craft ale producer,…
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