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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Sep- 2022 -29 September
Chopstix continues Welsh expansion with 5th restaurant
Chopstix is set to open its 5th site in Wales this week, located on North Walk, Cwmbran. It comes amid plans to “significantly increase” its footprint in North Wales over the next 12 months, following stores in Cardiff, Swansea and Bridgend. The new sites will include design elements the brand…
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29 September
Big Table Group acquires Banana Tree
The Big Table Group, operator of Las Iguanas, Bella Italia and Café Rouge, has acquired the fast-casual Pan-Asian restaurant chain, Banana Tree, adding a new cuisine flavour to its family of restaurant brands. The group said Banana Tree is famous for its authentic, exotic and street-food inspired dishes, with flavours…
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29 September
Roseacre Inns expands portfolio with £650,000 investment with Star
Roseacre Inns has announced it is expanding its Midlands-based estate to eight pubs by taking its fifth lease with Star Pubs and Bars at The Axe and Square in Countesthorpe. Following a two-and-a-half-year closure, the pub will receive a £650,000 joint investment to upgrade it into a “traditional pub serving…
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28 September
Just Eat to return to profit earlier than expected
Just Eat Takeaway.com has said it expects to return to profitability earlier than initially expected, with the group on track to generate positive adjusted EBITDA in the second half of 2022. The group said it expects to generate positive adjusted EBITDA in the second half of 2022, an improvement compared…
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28 September
Caprice Holdings to launch Bacchanalia
Bacchanalia, the brand-new restaurant concept from Caprice Holdings, has announced it will open at One Mount Street later this year. Diners will enjoy an eclectic Mediterranean menu, featuring a fusion of traditional Greek and Italian cuisine – whilst indulging in cult Italian wines and cocktails in the restaurant, private dining…
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28 September
Shepherd Neame returns to FY profit as sales rebound
Shepherd Neame has reported a statutory profit before tax of £7.4m for the 52 weeks ended 25 June after a loss of £16.4m the year prior. The brewer, owner and operator of over 300 pubs in Kent and the Southeast, also saw an EBITDA of £23.4m, which “significantly rose” from…
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28 September
Arc Inspirations to launch five new sites amid ‘record’ results
Arc Inspirations has revealed plans to open five sites in the next six months, creating 500 new jobs, following “record” financial results for the 12 months ending 31 March 2022 as group sales hit £38.9m and profits were £7.5m. The group said it has seen “exceptionally strong” recovery from Covid-19…
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27 September
Burger & Sauce confirms seven new openings
Burger and Sauce has confirmed it is set to open seven new restaurants over the next six months. New sites are set to open in Leicester, Coventry, West Bromwich, Walsall, Derby, plus Bearwood road and Sutton Coldfield in Birmingham. The openings will create around 140 jobs as the franchised brand…
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27 September
Domino’s appoints Elias Diaz Sese as interim CEO
Domino’s Pizza Group has announced that Elias Diaz Sese, currently a non-executive director of Domino’s, will become chief executive officer (CEO) on an interim basis, effective 10 October 2022. Sese will work closely with outgoing CEO, Dominic Paul, to facilitate a “smooth” transition. Based in the UK, he brings over…
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26 September
Bunsik to open third London location in Camden
Korean street food outlet Bunsik has announced its latest London location, occupying a spot situated on Camden High Street, set to open in early October. It is the chain’s third London opening, following branches in ChinaTown and Charing Cross. The new opening will serve its range of Korean corn dogs…
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