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 -17 November
Marston’s appoints new CEO
Marston’s has announced the appointment of Justin Platt as the new incoming CEO, who will take up the role from 10 January 2024. The news comes after the current CEO Andrew Andrea has agreed with the board that he will step down from his role with immediate effect. Andrew, who…
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16 November
Malaysian concept Mambow to open in Clapton
Mambow Clapton, Abby Lee’s first permanent site for her modern Malaysian concept, will officially be opening its doors on 24 November. The larger space has enabled Lee to add a larger kitchen including a hibachi grill allowing her to create new recipes using new techniques. The bigger space will have…
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16 November
The Halal Guys expands UK footprint with new Wood Green restaurant
The Halal Guys is set to open its doors on 18 November in Wood Green. The restaurant, which was founded in New York by Mohamed Abouelenein, Ahmed Elsaka, and Abdelbaset Elsayed, started as a food cart in the 1990s. It is considered a “staple” of the New York food scene…
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16 November
Young’s acquires City Pub Group for £162m
Young’s and Co has today (16 November) announced the acquisition of AIM- listed owner and operator of an estate of premium pubs and bedrooms, City Pub Company, for £162m. The company has said to have closely followed the City Pubs estate for some time and that the transaction represents a…
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15 November
Today’s news in brief – 15/11/23
Fuller’s reported a 12% increase in total revenues to £188.8m for H1 ending 30 September, with like-for-like sales up 12.7%. The group attributed the growth to an “excellent” customer experience. Food sales rose 15.5%, drink sales 10.9%, and accommodation sales 13.4%. Adjusted profit before tax increased 48% to £14.5m. For…
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15 November
Lecce-inspired cafe and wine bar to open in Covent Garden
Family-run Italian bakery and wine bar Capilungo will be opening in the heart of Covent Garden on 13 December. Capilungo’s offering will focus on quality ingredients and provenance with a menu championing Lecce’s hyper-local delicacies, including freshly baked Italian pastries, cured meats, and Pugliese wines and cocktails. Co-founded by Lecce…
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15 November
Wet weather dampens managed hospitality venue sales in October
Britain’s leading hospitality groups saw year-on-year growth slow to 3.2% in October amid widespread poor weather, according to data from CGA. It is a 13th consecutive month of like-for-like growth for managed restaurants, pubs and bars however, it represents a slowdown from a 5.9% rise in September. The data shows…
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15 November
Young’s Pubs acquires Devon’s The Ship Inn
Historic pub group Young’s and Co.’s Brewery PLC has acquired a freehold waterside pub, The Ship Inn, in Noss Mayo, South West Devon. Joining the Young’s portfolio, The Ship Inn is a landmark Devon pub, located on the tidal Yealm Estuary in the village of Noss Mayo, close to Salcombe.…
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15 November
Fuller’s H1 revenues increase 12% to £188.8m
Fuller’s has reported that total revenues increased by 12% to £188.8m during the 26 weeks to 30 September, as like-for-like sales in H1 increased 12.7%. According to the group, an “excellent” customer experience resulted in the like-for-like sales growth across all areas during the first half. The group reported that…
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14 November
Today’s news in brief – 14/11/23
UK pubs and bars saw a 7% source in average drinks sales in the week ending 4 November, driven by Halloween, Bonfire Night, and major sporting events. This performance, the best since September, follows a flat second half of October due to adverse weather. All drink categories, including cider, beer,…
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