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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Jun- 2018 -6 June
Busaba Eathai closes all restaurants outside London
Busaba Eathai has now closed all of its branches outside of London after reporting pre-tax losses of nearly £18m. The Thai restaurant chain’s only remaining restaurant outside of the capital was St Albans. The chain also acquired premises in Leeds in 2016 but financial woes and recent closures cast doubt…
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6 June
Network Rail to restrict plastic use for food retailers
Network Rail has announced plans to tackle environmental issues in the country’s biggest and busiest rail stations. The group plans to ban retailers from supplying plastic cutlery and cups in managed stations, implement a coffee cup recycling scheme for managed stations, and expand the role out of coffee ground recycling…
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6 June
Eat’s bread leftovers to be used for Toast Ale craft beer
Sandwich chain Eat has announced a new partnership with Toast Ale to give its leftover bread to the beer company for brewing purposes. The bread will be used in the production of craft beers that will be sold in Eat’s five licenced premises. Eat is using the partnership as a…
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6 June
Sunny May Bank Holiday brings 5.1% increase in consumer spending
Consumer spending grew 5.1% in May as shoppers experienced good weather and businesses performed strongly, the highest recorded increase since April 2017. According to data gathered by Barclaycard, in-store spending increased 2.6% as the good weather drew punters out to the shops during the Early May Bank Holiday. The data…
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6 June
AccorHotels acquires catering platform Adoria
AccorHotels has announced the acquisition of Adoria, a software as a service (SaaS) platform that enables the catering industry to optimise supply management. Founded in France in 2003, Adoria is used by 2,700 organisations (30 catering groups) and brings together 300,000 active users and more than 800 manufacturers and distributors.…
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5 June
UK hospitality and leisure sectors ‘fail to unleash’ employees’ full potential
A study has shown that seven out of 10 employees in the leisure and hospitality sectors feel ‘held back’ from reaching their full potential at work. The beliefs and behaviours of 100 ‘smart talent’ employees were recorded in a study by CoreHR, a company that focuses on HR management software,…
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5 June
Wagamama set to look for new owner
So-called pan-Asian food chain Wagamama has appointed Goldman Sachs to “review strategic growth options for the business” as it looks to expand into the US. It has been reported that the options put forward by Goldman Sachs will include a potential sale of the company. Wagamama said in a statement:…
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5 June
The Coconut Tree to expand across the UK
Sri Lankan restaurant chain The Coconut Tree has announced plans to expand throughout major UK towns and cities, appointing leisure property specialists Fleurets to lead the expansion. The chain currently has sites in Cheltenham and Oxford and have agreed terms on a site in central Bristol. It is now looking…
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5 June
Rosa’s Thai restaurant chain on the brink of sale
Thai restaurant chain Rosa’s is on the brink of selling a majority shareholding to US private equity company Tri Span this week. Founders Alex and Saiphin Moore are still set to be involved with the chain as minority shareholders while the company expands overseas. Tri Span has been buying up…
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5 June
Former QHotels team launches hospitality management firm
The former QHotels executive team, comprising co-founders Michael Purtill and Ian Goulding, Vivien Sirotkin, Chris Gaines, and Nichola Roskell have announced the launch of a new hospitality management venture. The firm, Inspiring Hospitality Management Limited (IHM), will provide guidance, advice and bespoke management services to hospitality investors, owners and operators.…
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