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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Mar- 2022 -18 March
Feb deliveries and takeaways double pre-Covid levels but growth slows
Britain’s managed restaurant and pub groups’ delivery and takeaway sales continue to run at more than twice the level seen before Covid-19 – but trading has dipped from the peaks of early 2021. That is according to the latest CGA and Slerp Hospitality at Home Tracker, which found that groups’…
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18 March
Burger King’s Russian operator refuses to shut operations
The owner of Burger King, Restaurant Brands International, has issued a statement clarifying why Burger King operations are unable to be suspended in Russia, as its operator in the country refuses to shut the group’s restaurants. The group confirmed it had contacted the main operator of the business and “demanded”…
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18 March
Street Food Warehouse to hold Cornwall Street Food Festival
Street Food Warehouse has announced it will hold the first Cornwall Street Food Festival, taking place on the Queen’s Jubilee bank holiday weekend. The festival will feature food from cuisines around the world, and is aiming to cater to a wide variety of tastes. Initially due to take place in…
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17 March
Big Table Group launches Rouge concept in Birmingham
The Big Table Group has launched ‘Rouge’, a new concept restaurant in the Bullring, Birmingham, after a £250,000 refurbishment. The newly renovated restaurant is the second site nationwide, and first in the Midlands, to trial a refreshed design concept and French-inspired menu options. Located on the upper level of the…
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16 March
UK food to go market to grow to a value of £21.3bn in 2022
The UK food to go market is forecast to grow by +31.8% in 2022, to a value of £21.3bn, according to the new Lumina Intelligence UK Food To Go Market Report 2022. The report revealed this will see the market fully recover to and exceed its 2019 pre-pandemic market value…
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16 March
Wagamama owner reports strong sales in FY results
The Restaurant Group (TRG) has announced that its total sales hit £636.6m in the year ended 2 January 2022, marking an improvement from the £459.8m reported in FY20. Meanwhile, its adjusted EBITDA totalled £81.2m on a pre IFRS 16 basis, up from £8.7m in 2020, while profit before tax was…
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16 March
UKH welcome ‘positive news’ from ONS figures, but warn industry ‘remains fragile’
UKH has said the latest figures from ONS are “positive news” for the industry, after it reported that jobs in the hospitality sector are up 252,000 in the last 12 months, and unemployment has dropped to 4%, below pre-pandemic levels. However, it warned that the sector “remains fragile”, and renewed…
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15 March
Acquisitions drive Nightcap revenues to surge 700%
Nightcap has reported a 700% increase in revenues to £15.8m during the 26-week period ended 26 December 2021 boosted by a series of acquisitions. The group also revealed like-for-like revenues increased 22.4% compared with the same period in 2019. Excluding the ‘Plan B’ period, group revenue increased by 28.3% on…
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15 March
Lu Ban wins ‘best restaurant in Liverpool’ award
Lu Ban Liverpool has been crowned the city’s best restaurant at the 2021 Liverpool City Region Tourism awards. The Chinese restaurant, based in Liverpool’s Baltic Triangle, also won the Resilience and Innovation award. On being named the best restaurant in Liverpool, Lu Ban executive head chef Dave Critchley said: “This…
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14 March
Hostmore losses narrow as revenues hit £159m
Hostmore, the parent company of Fridays and the cocktail-led bar and restaurant brand, 63rd+1st has revealed its group loss after tax for the year narrowed to £0.6m, down from £17.3m the previous year. The improvement comes after the group saw revenues for the 53-week period ended 2 January 2022 increase…
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