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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Mar- 2023 -9 March
Domino’s FY sales boosted by record Q4
Domino’s UK has seen revenues rise by 7% to £600m in FY22, with like-for-like system sales up by 5.3% in the period, boosted by a strong Q4, where record quarterly orders were reported. Profit-before-tax fell by 13.2% to £98.9m however, affected by an additional £2.4m accelerated amortisation and impairment relating…
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9 March
Over 2m hospitality workers suffering ‘declining mental health’
Over 2 million people who work in the hospitality sector are suffering from “declining mental health” as a result of the cost of living, according to the State of Financial Wellbeing index from Wagestream. The index also found that 67% of hospitality staff have cut back on their spending with…
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9 March
Home marketplace All About The Cooks launches in Bath
All About The Cooks, an online food marketplace, has announced its launch in Bath this month. The online marketplace is a platform for home cooking enthusiasts to share their meals with residents in their area. The company said that its launch in Bristol saw over 1,000 orders of home-cooked food…
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9 March
Mallow to open second site in Canary Wharf this June
Plant-based restaurant, Mallow, has announced its plans to open a second location in Canary Wharf in June 2023 after first opening in Borough Market in November 2021. The new venue will be located in Wood Wharf in the centre of Canary Wharf and will serve up to 150 covers, 100…
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8 March
The Manor at Greasby shares glimpse of menu ahead of opening
Nelson Hotels and Inns, an award-winning, family-run collection of hotels, inns and restaurants across Cheshire and surrounding areas, has announced that its fifth venue, The Manor at Greasby, is set to officially open on Friday 17 March 2023. This new venue has been described as a “stylish yet inviting” restaurant featuring an…
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8 March
Nepalese restaurant The Gurkhas to open in London
A new Nepalese restaurant, The Gurkhas, is set to open in Great Portland Street London on 11 April. The restaurant will be owned by Shrabaneswor Rai who also runs the steak and sushi bar Hot Stone in Islington London. The Gurkhas is named after Nepal soldiers who have fought for…
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8 March
61 freehold Marston’s pubs brought to market
Marston’s is set to market a selection of 61 freehold pubs in England and Wales from the pub company’s estate. The assets, which are a selection of Marston’s non-core properties, include a mix of leased, tenanted, retail and managed pubs. The sites will be available to purchase individually, in small…
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8 March
Wagamama owner to shut 35 sites as FY losses widen
The Restaurant Group has revealed that for the year ended 1 January 2023, its statutory loss before tax increased from £35.2m in 2021 to £86.8m. As a result, the Wagamama owner has made plans to shut around 35 “loss making” locations. This decision will take its portfolio from 166 restaurants…
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8 March
Big Mamma opens new trattoria in Marylebone
Big Mamma, an Italian restaurant group, has announced the opening of its fifth London restaurant Carlotta in May 2023. The site features a ruby red terrace, skylit dining room with leather furnishings, golden drapes and a soft suede ceiling. The bar is also made of Venetian marble and the basement…
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7 March
M Restaurants and Gaucho owner confirms two closures
Gaucho and M Restaurants owner Rare Restaurants has confirmed the closure of two of its restaurants in London. The company stated that it would not be renewing the leases for the M Victoria and Gaucho Smithfield Market as they “no longer meet our requirements”. It also said that all the…
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