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 -30 May
Comptoir Group revenue soars 67% in FY21
The Comptoir Group has seen group revenues rocket 66.9% to £20.7m in the year ended 31 December 2021, up from the £12.4m reported in 2020. As trading returned over the year, gross profit was up by £7.1m to £16.9m up by £7.1m, up from £9/8m the prior year when trading…
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30 May
Platinum Jubilee weekend to bring £1.2bn economic boost
The Queen’s Platinum Jubilee is estimated to bring a £1.2bn boost to the economy as 5.3 million Brits are planning an overnight holiday break in the UK during the extended bank holiday weekend. According to a VisitEngland survey, well over a third of Brits (19 million) are planning to take…
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27 May
Pizza Express names Paula MacKenzie as CEO
PizzaExpress has announced the appointment of Paula MacKenzie as CEO, joining the company on Monday 6 June. It said MacKenzie has over 20 years’ experience in transforming Food and Drinks businesses by “unlocking the power of brands”. She has worked for some of the world’s most recognised and valued companies…
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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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