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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Oct- 2024 -10 October
Today’s news in brief – 10/10/24
UKH has called for a consultation of the government’s Employment Rights Bill to avoid “unintended negative consequences”, saying the changes are not without cost. While the trade body welcomes the government’s recognition of the importance of employment flexibility, it believes that protecting the sector’s access to zero hours contracts is…
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10 October
Cooks Coffee UK&I sales surge to £16.4m
Cooks Coffee, the international coffee focused café chain, has reported a 26.0% increase in its group store sales to £16.4m for the 26 weeks of its financial year to 29 September 2024. UK store sales were up 36.0% at £11.4m, while Ireland store sales increased 6.7% to £5.1m. The group…
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10 October
Bagatelle reopens following refurb
Bagatelle London has reopened after closing for a few weeks in the summer for an interior redesign. Sam Baron, head of design and creative direction, was at the helm of the interior design team. Previously he was a consultant for leading brands including Pierre Frey, Dior Maison, Diptyque, Vista Alegre…
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10 October
Savage Eats launches at Revolution Sheffield
Savage Eats, a new burger concept developed in collaboration with Revolution, has launched at the chain’s Sheffield city centre venue. Described as “smash burgers with bite”, Savage Eats epitomises the pop-up and residency food trend, creating an atmosphere that “sets it apart from traditional restaurant experiences”. The Sheffield launch is…
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10 October
UKH calls for consultation on Employment Rights Bill
UKHospitality has called for an ongoing consultation of the government’s Employment Rights Bill to avoid “unintended negative consequences”, saying that changes are not without cost. While the trade body welcomes the government’s recognition of the importance of employment flexibility, it believes that protecting access to zero hours contracts is “essential”…
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9 October
Today’s news in brief – 09/10/24
Loungers’ total revenues rose 19.2% to £178.3m during H1, as it opened a total of 17 new locations. It comes as Loungers’ like-for-like sales rose by 4.7% over the period. According to the operator of brands Lounge, Cosy Club and Brightside, its performance during H1 demonstrates its ability to “consistently…
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9 October
Arc Inspirations to bring Box to Sheffield
Arc Inspirations has announced that it is set to open its sports bar and kitchen brand Box in Sheffield in November. Located near Sheffield City Hall the new venue is part of the ‘Heart of the City’ redevelopment project bringing an investment of £2.7m that will create 55 new jobs.…
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9 October
Loungers H1 revenues rise 19.2% to £178.3m
Loungers has reported that total revenues rose 19.2% to £178.3m for the 24-week period to 6 October, as it opened a total of 17 new locations. It comes as Loungers’ like-for-like sales rose by 4.7% over the period, representing a continuation of the like-for-like sales growth of 5% that was…
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9 October
Marston’s sales increase 5.8% in FY24
Marston’s total retail sales increased 5.8% according to its preliminary results for the 52 weeks to 28 September 2024. The UK operator of 1,339 pubs said it also saw its like-for-like sales increase 4.8%, outperforming the broader market. The group said that both food and drink have shown “good momentum”…
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9 October
Compass Group UK&I generates £2bn of Social Value in three years
Compass Group UK and Ireland has generated £2.14bn in Social and Local Economic Value since 2021, measured and validated by Social Value Portal. In 2023 a Social and Local Economic Value of £838.1m was achieved (an increase of 42% from £591m in 2021) as a result of the company employing…
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