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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Aug- 2024 -20 August
Rick Stein’s restaurant group returns to profit in FY23
Steins Trading Ltd, which operates Rick Stein restaurants, has returned to profit in FY23, despite turnover dropping by 5% to just under £11.9m. In its latest full-year results, the group reported an operating profit of £63k for the year to 31 December 2023, up by 106.2% against the prior year,…
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19 August
Wingstop UK opens 50th site amid ongoing expansion plans
Wingstop UK has opened its fiftieth UK site in Bolton, amid plans to expand its already growing portfolio, with six more locations planned for the remainder of the year. The group has already opened 11 sites this year alone.The new Bolton site, located in the UK’s largest retail park, will…
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16 August
Taco Bell UK extends closing hours at select locations
Taco Bell UK has launched Encore Hours, a new initiative that will see closing hours get extended at select locations to cater to concertgoers. With current restaurant options closing as early as 10pm, Taco Bell said music fans often “face the tough choice of missing their favourite artists’ encore or…
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16 August
Atis to open eighth site in Eastcheap
Cult salad bar brand Atis is set to open in the capital in Eastcheap on 2 September, marking the brand’s eighth location in London and its second opening of 2024. The Eastcheap site will offer Atis’ customisable salad bowls, protein plates, and classic favourites such as the Azteca and Seiz’a…
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15 August
Honest Burgers CEO appointed as group chair
Honest Burgers has announced that CEO Thomas Kelly will assume the role of chair from next month. The news comes after Kelly was appointed as CEO in January 2024 following the departure of Frank Hayes. In his new role, Kelly will steer the board through the next phase of the…
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15 August
Heartwood Inns secures two more Whitbread restaurants
Heartwood Collections has snapped up two more of Whitbread’s restaurants – the George and Dragon, and the Red Lion – for an undisclosed amount. The George and Dragon is a traditional riverside site in Marlow, serving traditional dishes with “a friendly heritage feel”. Meanwhile, the Red Lion is a “stylish”…
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14 August
Chit ‘n’ Chaat to open new site at Trafford Centre
Indian street food brand Chit ‘n’ Chaat has announced the opening of its new restaurant at Trafford Centre this Autumn. The Manchester-based brand’s new opening will mark its fourth restaurant in the city. With a focus on streamlined kitchen operations and sustainability practices, the new restaurant will be set in…
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13 August
Riots drag down hospitality sales by 10%
Violent disorder and the nationwide threat of rioting last Wednesday (7 August 2024) caused a significant 10% drop in sales as businesses closed and customers stayed away, according to CGA by NIQ. The impact on sales in towns where rumoured protests were planned to take place was as high as…
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13 August
Soho House Q2 revenues rise 5.6% to $305m
Global members club operator, Soho House and Co, has reported that total revenues rose 5.6% year-over-year to $305.1m (£238.5m) for the second quarter to 30 June. It comes as the group gained approximately 2,969 new members in the second quarter, taking its total members to 264,540. This shows a 6.6%…
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12 August
Kricket to launch fifth London site in Shoreditch
Modern-Indian restaurant group Kricket has confirmed plans to launch its fifth site in late 2024. Its second opening this year, co-founders Rik Campbell and Will Bowlby will open a 120-cover all day restaurant and bar in Shoreditch. The duo founded Kricket in 2015 as a pop-up in a shipping container…
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