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- 2025 -4 March
The Revel Collective H1 sales fall 22% amid bar brands challenges
The Revel Collective has reported that sales for the 26-week period to 28 December 2024 were 22% lower at £64.2m than in the same period last year, due to “challenging” conditions in bar brands which made recovery “slower than expected”. The fall in sales reflects a “significant” reduction of venues…
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4 March
Greggs sales surge to £2.01bn in FY24
Greggs has surpassed the £2bn mark as its sales increased 11.3% to £2.014bn, with LFL sales in company-managed shops up 5.5% year-on-year, in the 52 weeks ended 28 December 2024. The group’s underlying pre-tax profit also increased 13.2% to £189.8m, while its total pre-tax profit was up 8.3% to £203.9m.…
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3 March
Today’s news in brief – 03/03/25
Drinks sales across managed venues rose 4% in the week to Saturday 22 February, marking only the second week of growth in 2025 so far. Trading beat the levels of last year on six of the seven days, and was ahead by between 8% and 11% every day between 17…
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3 March
Kricket opens new site in Shoreditch
Modern Indian restaurant group Kricket, founded by Rik Campbell and Will Bowlby, has officially opened its latest location in Shoreditch at 36 Charlotte Road. The new site introduces its first ever breakfast menu alongside a new all-day Kafé and bar concept to complement its à la carte offerings. The Shoreditch…
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3 March
Drinks sales bounce-back after tough Valentines
Drinks sales in the UK’s managed venues rose 4% in the week ended Saturday 22 February, only the second week of growth in 2025. Trading beat the levels of last year on six of the seven days, and was ahead by between 8% and 11% every day between 17 to…
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3 March
Wagamama appoints new chief marketing and commercial officer
Wagamama has announced the appointment of Emma Culquhoun as its new chief marketing and commercial officer in April to support the brand’s next level of growth in the UK and beyond. Culquhoun will be responsible for overseeing Wagamama’s proposition, marketing, commercial and growth strategy, including the brand’s recently launched loyalty…
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3 March
King Pins officially opens in Bristol’s Cabot Circus
Games and leisure complex, King Pins, has officially opened in Bristol’s Cabot Circus, marking its third UK site and first out of Manchester. Located on the second floor of Cabot Circus, King Pins is next door to the unit which used to house Frankie and Benny’s and offers bowling, tech…
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Feb- 2025 -28 February
Today’s news in brief – 28/02/25
Papa John’s full-year revenues fell by 4% to $2.06bn (£1.64bn), as global restaurant sales fell by 3% to $4.85bn (£3.85bn). It comes as North American sales were down 4% from 2023, while sales at the group’s international restaurants fell by 1% during the same period. Meanwhile, total revenues for the…
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28 February
Wetherspoon to open at Haven Cleethorpes Beach
J D Wetherspoon has revealed that it is set to open a new venue, The Humber Stone, at Haven Cleethorpes Beach on 7 March. Haven has invested around £1.7m in the new pub, part of a wider investment of around £6.7m in the expansion of its exclusive partnership with J…
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28 February
D&D London appoints Martin Williams as CEO
D&D London has appointed Martin Williams as its new chief executive officer, effective from 31 March 2025, as the group prepares to rebrand itself to The Evolv Collection from April. Williams brings 25 years of business leadership experience as both a “multi-award-winning” restaurant entrepreneur and a “pioneering” CEO. He worked…
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