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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Jan- 2025 -20 January
Caffè Nero sales rise ‘record’ 14% over Xmas period
Caffè Nero has reported a sales rise of 14% for the five-week Christmas period in the UK, as the coffee house chain had two “record” sales weeks and its highest ever single day of trading. It comes as Caffè Nero sites across the UK saw like-for-like sales rise 9% compared…
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20 January
Captain D’s to expand in UK with new 20-site deal
US-based fast-casual seafood restaurant Captain D’s has signed a 20- multi-unit franchise agreement for the United Kingdom. The agreement, signed with an experienced team of restaurant operators, will introduce Captain D’s signature seafood offerings to Europe, starting with the first restaurant in the London area in 2025. This development marks…
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17 January
Today’s news in brief – 17/01/25
Deliveroo has achieved the upper end of its earning guidance of between £110m-130m range. It comes as Deliveroo has seen a 7% rise in GTV year-on-year to £1.97bn and reported that revenues rose by 6% to £545m in Q4. In Q4, the group’s orders also increased 3% YoY and its…
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17 January
Deliveroo FY profit guidance bolstered by strong Q4
Deliveroo has reported a 7% increase in gross transaction value (GTV) YoY to £1.97bn and a revenue growth of 6% to £545m in Q4, achieving the upper end of its adjusted EBITDA earnings guidance of between £110m-130m range. As a result, its FY 2024 GTV also saw a 6% rise…
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17 January
Duck and Rice to open second site at Battersea Power Station
Cantonese kitchen and pub brand, Duck and Rice has revealed that it is set to open a second venue at Battersea Power Station. A 4,000 sq ft unit is currently undergoing a transformation into a 185-seat restaurant, including an open kitchen and raised bar area. Interior architecture and design studio…
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17 January
Directional Capital acquires Pizza Hut’s UK franchisee in pre-pack deal
Directional Capital has acquired Heart With Smart, one of the UK’s leading hospitality franchise operators which manages the operations of the UK Pizza Hut dine-in restaurants, in a pre-pack transaction which sees the transfer and continuing operation of 139 restaurants across the UK. Directional Capital is a US-based private equity…
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17 January
Tortilla appoints director of central operations
Tortilla has announced the appointment of Emily Bagshaw to director of central operations as of this January, simultaneously joining the executive team. The appointment comes as a promotion, as Bagshaw first joined Tortilla in January 2024 as head of central operations. She joined the burrito chain from TGI Friday’s, where…
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16 January
Today’s news in brief – 16/01/25
Individual Restaurants has reported “record” Xmas sales growth of 14% across its portfolio of brands Piccolino, Riva Blu, and Restaurant Bar and Grill. Like-for-like sales for the group increased by 8% in December, whilst covers increased by 4% year-on-year. The year has been fuelled by strategic investments across its portfolio…
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16 January
Individual Restaurants sales rise 14% over Xmas
Individual Restaurants has reported “record” Christmas sales with a 14% growth in the four weeks of December, across its portfolio of world-leading restaurant brands Piccolino, Riva Blu and Restaurant Bar and Grill. Like for like sales for the group increased by 8% in December, whilst covers increased by 4% year…
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16 January
Hospitality helps drive economic growth in November
Food and beverage was the highest performing sector of the economy in November, according to November GDP estimates released by the Office for National Statistics (ONS). The accommodation and food service activities subsector saw output rise by 2.0% in the month, following a fall of 1.2% in October 2024. Both…
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