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.
-
Nov- 2024 -11 November
The Revel Collective reveals new board structure
The Revel Collective has outlined its new board structure, as non-executive directors Jemima Bird and William Tuffy will not seek re-election at the bar group’s annual general meeting scheduled for 3 December. News comes as The Revel Collective completed its recent equity fundraise and the restructuring plan. Following the AGM,…
Read More » -
11 November
Kin Restaurant to open in Fitzrovia
Reza and Mohammed Malekzadeh, co-founders of the daytime veg-forward Kin Café in Fitzrovia, have acquired Cin Cin restaurant on Foley Street to open a full-service restaurant with an expanded menu. This will be the cousins’ fifth site with Kin Restaurant and Kin Café joining the three-strong Persian restaurants, Naroon, which…
Read More » -
11 November
UKH warns budget will cause job losses, closures and reduced investment
UKHospitality alongside notable hospitality bosses have warned the chancellor that plans outlined in the autumn budget will cause small business closures, job losses and reduced investment in the sector. Kate Nicholls, chief executive of UKHospitality, and UKHospitality board members, which includes the bosses of Fuller’s, Stonegate Group and Whitbread, have…
Read More » -
11 November
Soho Coffee unveils new store format with Westfield opening
Soho Coffee has officially opened its newest concept – Soho Coffee and Kitchen – in Westfield, London, which aims to “redefine the coffee shop experience” with a focus on community, comfort and craftsmanship. The store features a welcoming seating area both inside and outside to encourage socialising, working or unwinding. …
Read More » -
8 November
Today’s news in brief – 08/11/24
Krispy Kreme has seen Q3 losses widen to $16m (£12.9m), up from a loss of $2.1m (£1.7m) in the previous year, as the UK market underperformed over the period. It comes as net revenues fell by 6.8% to $379.9m (£305.9m), down from $407.4m (£328.2m). Despite this, organic sales rose by…
Read More » -
8 November
Krispy Kreme falls to $16m loss in Q3 as UK market underperforms
Krispy Kreme has seen losses widen to $16m (£12.9m) in its third quarter, up from a loss of $2.1m ( £1.7m) the prior year, as the UK market underperformed over the period. In the quarter ended 29 September 2024, net revenues fell by 6.8% to $379.9m (£305.9m), down from $407.4m…
Read More » -
8 November
Blind Tiger Inns invests in 20th pub alongside Star Pubs
North West pub company Blind Tiger Inns has acquired its 20th pub, The Stanley Arms, with Star Pubs, increasing its estate to 22 sites. Star and Blind Tiger are now carrying out a joint £150,000 refurbishment of the pub on Lancaster Road in the centre of Preston before reopening it…
Read More » -
8 November
Rick Stein Group named in 100 Best Companies to Work For survey
The Rick Stein Group has been named as one of this year’s 100 Best Large Companies To Work For by Best Companies, an independent authority surveying UK workplace culture and employee engagement. News of the family-run business’ accolade comes after the awards evening that was held yesterday (7 November). Ranking…
Read More » -
8 November
UKH welcomes ‘short-term’ fix of interest rates cut
UKHospitality has welcomed the Bank of England’s interest rates cut from 5% to 4.75%, saying it is “positive news in the short-term”, particularly those still struggling with pandemic debt repayments, and consumer confidence. However, the trade body said it believes the benefits of this cut is overshadowed by the looming…
Read More » -
8 November
Claro opens at St James’s
Eastern Mediterranean restaurant Claro has opened its doors in St James’s London. The restaurant was founded by a close-knit team of four partners, all long-time friends. Led by chef Shadi Issawy, the London kitchen offers a dining experience that mirrors the “celebrated” culinary approach of their restaurant in Tel Aviv,…
Read More »
