Today’s news in brief – 06/10/23

JD Wetherspoon revenues increased by 10.6% to £1.9bn for the year ending 30 July. Compared with FY19, like-for-like sales for the year grew by 7.4%, driven by increases in bar sales, food sales, slot/fruit machine sales, and hotel sales. Compared with FY22, like-for-like sales increased by 12.7%. Operating profit rebounded to £107.1m, and profit before tax reached £42.6m. The company anticipates a positive outcome for the current financial year, but remains cautious about the possibility of further lockdowns and restrictions affecting the hospitality industry.

Shake Shack will be opening a new venue in Oxford early next year. The three-floor site will be located on Cornmarket Street, a prime pedestrian shopping area in Oxford’s historic centre This expansion follows the opening of a Shake Shack site in Clapham in June, and the brand now boasts over 430 locations worldwide.

Sticks’n’Sushi has opened its largest restaurant in Kingston-upon-Thames, with bookings available starting from 11 October. The 220-cover restaurant spans two floors and includes a private dining room for intimate gatherings and meetings. The design combines Japanese minimalism with Scandinavian elegance and features natural materials and earthy tones. The restaurant will be open seven days a week, and will offer collection and takeaway delivery services from 16 October.

London Stock has opened a new location on 6 Sackville Street in Mayfair. A fine dining restaurant originally based in Wandsworth, the new space features an open kitchen and a private dining room with a solid amethyst and quartz table for 12 guests. London Stock is committed to sustainability and sources high-quality, fresh produce from suppliers like Natoora and HG Walter.