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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Oct- 2023 -12 October
The Tiger Inn reopens following major refurb
The Tiger Inn Driffield has officially welcomed customers back after receiving a £196,000 investment from the award-winning Craft Union Pub Company. The Tiger Inn, established in 1823, and located in the ‘Great Driffield’ has recently undergone a renovation enhancing its look and offering to the local community. The exterior of…
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12 October
RTL Enterprises opens ninth Chopstix franchise
RTL Enterprises has announced the opening of a new Chopstix in Baker Street, London, the firm’s ninth Chopstix franchise. RTL has opened four sites over the last 15 months, focusing on growing the brand in London with other high-performing sites in Walthamstow and Putney. The franchise is set to open…
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12 October
Ashley Palmer-Watts to launch new restaurant with rooms in Cobham
Dorset-born chef Ashley Palmer-Watts is set to launch his new restaurant with rooms in Cobham, Surrey, at the former site of The Garden Cobham. The new site will incorporate a 35-seat “high-end” restaurant with additional seating on a garden terrace, a 52-seat wine bar, a café, and a bakery, all…
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12 October
Wagamama owner to go private in £506m deal
The Restaurant Group, the operator that owns Wagamama, has agreed to be taken private by Apollo Global for £506m after a year of financial struggles and investor pressure. The owner of about 400 restaurants and pubs across the UK has struggled with falling margins, which it attributed to soaring costs…
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11 October
Today’s news in brief – 11/10/23
Marston’s saw total retail sales rise by 11.2% during FY23, ended 30 September, with like-for-like sales rising by 10.1% compared with FY22. Sales for the 10-week period from 23 July to 30 September increased by 7.7% year-on-year. This included an upturn in the last five weeks, where like-for-like sales saw…
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11 October
Le Deli Robuchon to open on Kings Road
Joël Robuchon International has announced that it will be opening a new branch of Le Deli Robuchon on Kings Road, Chelsea in London on 30 October. The new site will open early until late, with breakfast, lunch and dinner available to eat in or to take-away. The open-plan deli includes…
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11 October
Greene King appoints new director for Metro business
Greene King has announced the appointment of Zoe Bowley to oversee the Metropolitan Pub Company (Metro). Bowley has been appointed for a nine-month period to develop the Metro business and customer proposition as well as to run its Crafted Pub business. She will join the business on 16 October and…
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11 October
Marston’s sales rise 11.3% in FY23
Marston’s total retail sales increased by 11.3% during the year ended 30 September, while like-for-like sales were up 10.1% on FY22, as the pub operator’s F&B offering demonstrated “resilience and appeal”. During the 10-week period from 23 July to 30 September, like-for-like sales increased 7.7% on FY22 results. This reflected…
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11 October
Former GBK owner Famous Brands warns on profits
The board of directors of Famous Brands has issued a profit warning stating that its basic earnings per share (BEPS) may be 20% lower than expected for the six months ended 31 August 2023. The company stated that the reported BEPS is expected to be between 225 cents and 174…
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10 October
Today’s news in brief – 10/10/23
Pubs see increased spending in September as restaurants struggle. Consumer card spending in UK pubs saw a 6.1% rise in September, likely driven by the Rugby World Cup. Meanwhile, restaurant spending fell 10.8% compared with the previous month, and takeout spending increased by just 6.5%. In a survey, 44% of…
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