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 -21 November
Bodega and Ballers Pizza to open at Cardiff’s Lakeside
Two family-owned restaurants Bodega and Ballers Pizza are set to open their doors at Lakeside, Cardiff on 1 December. Situated side by side, both businesses are owned and operated by Sophie Pascoe and Benito Martinez; the couple who also operates The Priory hotel and restaurant in Caerleon. Bodega, seen within…
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20 November
Today’s news in brief – 20/11/23
Compass Group saw a 26.1% rise in operating profit, reaching £1.89bn for the year ending 30 September 2023. The group’s European arm saw a 31.5% profit increase to £392m, backed by robust margin growth and new business in diverse sectors. CEO Dominic Blakemore highlighted sustained growth expectations, with high single-digit…
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20 November
Compass profits hit £1.89bn amid surging sales
Catering company Compass Group has reported a 26.1% increase in operating profit to £1.89bn for the year ended 30 September 2023. The group also recorded a 21.6% increase in revenues to £31bn compared with the previous year. Its operating margin was also up 60bps to 6.8% year on year. The…
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20 November
Chartwells renews University of Sussex partnership
Chartwell has announced that it has renewed its partnership with the University of Sussex for a further 10 years. Under this new contract, Chartwells will operate under a cost-plus model, ensuring that any profits generated will be reinvested back into the service. The company stated that the decision to extend…
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20 November
Drink sales remain flat in November, says CGA
UK drinks sales remained flat in the first full week of November due to more wet weather, according to CGA by NIQ’s latest Daily Drinks Tracker. Average sales in managed venues in the week to last Saturday (11 November) were marginally down by 0.2% from the same period in 2022.…
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20 November
Roxy Lanes Liverpool officially opens
Roxy Leisure has officially opened its Roxy Lanes concept in Liverpool on School Lane. Roxy Lanes Liverpool features a range of activities including American pool, shuffleboard, ice-free curling, tech darts, karaoke booths, beer pong, 10-pin bowling and more. The ‘Booze and Ball Games’ venue is the 18th site for Roxy…
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17 November
Today’s news in brief – 17/11/23
Marston’s has appointed Justin Platt as the new CEO, effective 10 January 2024, following Andrew Andrea’s immediate departure. Andrea, who steered the company through the pandemic and economic challenges, will assist in a smooth transition. Platt, previously chief strategy officer at Merlin Entertainment, brings over 30 years of consumer-facing business…
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17 November
Roti King to open in Waterloo
Roti King has announced it will open its new restaurant at Lower Marsh, Waterloo on 1 December. This Waterloo site will become the company’s third restaurant following openings in Euston and Battersea Power Station. The space has retained as much of the original interior as possible, including tiled walls from…
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17 November
Shepherd Neame acquires The Ship Inn in Herne
Independent family brewer and pub company Shepherd Neame has expanded its estate with the acquisition of historic seafront pub The Ship Inn in Herne Bay. The addition of the freehold property, which was part of the Stonegate Group portfolio, takes Shepherd Neame’s total of pubs and hotels to 296, across…
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17 November
Hydes brewery appoints new laboratory manager
Leading North West brewery and pub retailer Hydes has appointed family member and brewery employee Tom Allkins to laboratory manager Hydes brewery premises in Salford. Allkins, who is the nephew of Adam Hyde, the longest serving employee and family member in the business as company secretary, had recently passed his…
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