Restaurants
The latest news and updates on restaurants, 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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May- 2022 -27 May
Gees Restaurant & Bar reopens after £1.5m refurb
Gees Restaurant and Bar in Oxford has officially reopened this week following an investment of more than £1.5m. Diners are now able to return to the venue following a 13-week closure while the site underwent a full refurbishment. It now reopens with a renewed glasshouse and two new dining spaces,…
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26 May
Fridays owner set to double estate despite profit warning
Hostmore is set to expand its portfolio with the addition of three new sites in FY22, as it outlined its ambition to almost double its site locations from the current 89 over the medium term, subject to an improved trading environment. The owner of Fridays and 63rd+1st said this growth…
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26 May
Mother Clucker launches first UK bricks and mortar site
Mother Clucker is set to open its first UK bricks and mortar site in Islington, London, following its acquisition by Famously Proper Ltd, the owner of Byron Burgers. After acquiring Mother Clucker, and having taken it UK nationwide via delivery kitchens last year, the group is preparing to launch the…
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26 May
The IG Group profits quadruple after Covid recovery
The IG Group, which supplies hospitality outlets nationwide with crockery, cutlery and glassware, has reported that its pre-tax profits increased from £232,110 to £1m. During the difficult trading period through Covid up to year ending July 2021, Innerglass Limited -IG Group’s parent company – also saw a slight sales dip…
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26 May
Cosy Club to open first Milton Keynes site
Cosy Club, the restaurant brand managed by hospitality business Loungers, has selected centre:mk Milton Keynes for its latest location, which is set to open in autumn. Located at 3-5 Silbury Arcade, the 6,000 square feet restaurant will span two floors, and it marks one of only a handful of Cosy…
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25 May
Revamped Nether Wallop set to open this summer
Restaurant Associates and executive chef Steve Groves have announced the launch of a new casual dining concept, the revamped Nether Wallop restaurant, which will open this summer at Glyndebourne Festival 2022. The restaurant’s menu has been built around a core philosophy of sustainability, aiming to “work closely with award-winning local…
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25 May
Food and drink sales in major cities return to growth
Restaurants, pubs and bars in Britain’s major city centres are achieving solid growth in sales from pre-Covid levels, according to new research from CGA and Wireless Social shows. The joint ‘Top Cities’ report combines CGA’s sales data with device log-in data from Wireless Social, to provide a ‘vibrancy’ ranking of…
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25 May
EG Group revenues hit £5bn as foodservice profits surge 54%
The EG Group has reported that its revenues surged 25.1% year-on-year from $5.52bn (£4.4bn) to $6.91bn (£5.5bn) in the three months ending 21 March 2022 (Q1), driven by growth in its foodservice business. Foodservice operations saw a 54% rise in gross profits to $175m (£139.7m), compared to $114m (£91m) in…
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24 May
Tortilla acquires Chilango in £2.75m deal
Tortilla, the fast-casual Mexican restaurant group, has announced the acquisition of Chilango Limited for a total consideration of up to £2.75m from investment firm RDCP Group Ltd. Chilango is a fast-casual restaurant chain specialising in Mexican food including burritos, salads and tacos. The business operates from an estate of eight…
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24 May
Compass Group names chief climate and sustainability advisor
Compass Group UK and Ireland has announced the appointment of Charles Godfray as chief climate and sustainability advisor to its executive team. In the role he will shape the organisation’s commitment of reaching climate net zero by 2030. Godfray is a population biologist with interests in the environmental sciences and…
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