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 -5 September
Matei Baran to open new venture in Waverly Terrace
Chef Matei Baran, who opened his first venture at Stack in Seaburn two years ago, has announced the opening of his new premises in Waverley Terrace; The Social and Kitchen. It will serve Baran’s take on street food, designed exclusively for the pub diners. Housed in the premises of The…
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5 September
Wagamama and Turtle Bay sign 15-year leases at The Brewery
Restaurant brands Wagamama and Turtle Bay have secured lettings at The Brewery in Romford, Essex, through a recently-acquired prime supermarket anchored, retail warehouse and leisure scheme by Schroders Capital UK Real Estate Fund (SCREF). Wagamama will move into a 3,478 sq ft unit in the shopping centre on a 15-year…
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5 September
Bord Bia appoints new CEO
The Irish food board, Bord Bia, has announced the appointment of Jim O’Toole as its new CEO, effective from 1 November, when Michael Murphy will return to his position as director of organisation and industry talent. It is reported that O’Toole is the current CEO of Bord Iascaigh Mhara (BIM),…
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2 September
The Fulham Shore reports resilient trading despite disruption
The Fulham Shore has revealed its trading remains “resilient and running in line with management expectations” despite train disruption and the rise in the cost of living. As part of its recent AGM, the group said that during the current financial year ending March 2023, the group has opened nine…
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2 September
McKirdy’s Steakhouse brought to market for £450,000
McKirdy’s Steakhouse, located in the Edinburgh city centre, has been brought to market by DM Hall as a result of the owner’s impending retirement. It is inviting offers over £450,000 for the business which is supplied by McKirdy Butchers, which has been active in Edinburgh and East Lothian since 1895.…
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2 September
Deliveroo Q2 growth slows amid increased consumer headwinds
Deliveroo has revealed that its growth slowed in Q2, reporting growth of only 2%, against growth of 12% in Q1, reflecting the impact of increased consumer headwinds. However, Deliveroo said it continues to grow in the current “challenging” market with H1 2022, showing an increase of 12% in revenue to…
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2 September
Starbucks names Laxman Narasimhan as new CEO
Starbucks has announced that Laxman Narasimhan will become the company’s next chief executive officer (CEO) and a member of the Starbucks board of directors, joining as incoming CEO on October 1 2022. Narasimhan will relocate from London to the Seattle area and will work closely with Howard Schultz, interim CEO,…
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1 September
BrewDog to close six sites due to rising costs
BrewDog CEO James Watt has announced it is set to close six of its sites amid rising costs and has called on the government to “get a grip” and provide assistance to the sector. In a LinkedIn post, Watt said that there has been “no prospect of any help” from…
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1 September
Delivery and take-away sales fall 19% in July
Combined sales for delivery and take-away in July 2022 were 19% down on July 2021, when the delivery and takeaway sector was inflated by lingering trading restrictions and consumers’ hesitations about going out, according to the latest data from CGA. It is the ninth month in a row that the…
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1 September
Patisserie Valerie to close nine sites
Patisserie Valerie Group has announced it will close nine patisseries following a review to identify locations in the group’s patisserie estate which have not recovered as well as expected. Consequently, sites in Belfast Donegal Square, Belfast Castle Lane, Belfast Forestside, Victoria Station, Windsor, Dundee, Glasgow Central, Eastbourne and Exeter are…
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