Restructuring
This covers restructuring activity across the UK foodservice, hospitality, and catering sectors, including business model overhauls, site closures, CVAs, administration processes, and turnaround plans. We report on the financial and strategic decisions affecting restaurant groups, pub operators, catering firms, and F&B suppliers, with analysis of their implications for staffing, operations, and supply chains. Designed for owners, operators, and executives navigating commercial pressures or monitoring market shifts among competitors and peers.
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Oct- 2025 -30 OctoberCafes and Coffee Shops
Starbucks returns to sales growth in Q4 amid turnaround plan
Starbucks has reported that global store sales rose 1% in the fourth quarter to 28 September with consolidated revenues rising 5% year-on-year to $9.6bn (£7.5bn), as the group’s “Back to Starbucks” turnaround plan continues. This marks a return to global sales growth for the first time in seven quarters at…
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24 OctoberPubs and Bars
Revel Collective launches strategic review amid weak trading
The Revel Collective has launched a strategic review that could lead to a sale of the company or parts of its business after continued weak trading and rising costs. The board of the premium bar and gastro pub operator said it was considering “all options”, including a formal sales process…
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20 OctoberRestaurants
Yavuz Pehlivanlar named CEO of newly formed Hakkasan Group
Mohari Hospitality has appointed Yavuz Pehlivanlar as chief executive of the newly established Hakkasan Group, which brings together the Hakkasan, Yauatcha, Ling Ling and Sake No Hana restaurant brands. Pehlivanlar will lead the group’s international growth and oversee brand development across its portfolio of 22 restaurants in cities including London,…
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16 OctoberRestaurants
Whitbread restaurant sales fall 11% as group profit holds steady
Whitbread has reported an 11% fall in food and beverage sales for the first half of its 2026 financial year as it continues to replace lower-returning branded restaurants with integrated dining facilities alongside Premier Inn hotels. The company said the performance was in line with expectations and partly offset by…
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10 OctoberFood and Drink
SSP launches £100m share buyback as FY earnings meet expectations
SSP Group has announced a £100m share buyback after confirming it remains on course to deliver full-year earnings per share (EPS) in line with market expectations. The operator of food and beverage outlets across airports and railway stations said revenue for the year to 30 September 2025 rose about 8%…
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8 OctoberRestaurants
The Alchemist reports £644k FY loss after ‘challenging’ trading
The Alchemist Bar and Restaurant Limited has reported a £644k loss for the year to 31 March 2025, compared with a £113k profit the previous year, as turnover fell slightly to £56.2m. Gross profit for the year was £25.7m, down from £26.2m in 2024. The group said sales across its…
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7 OctoberRestaurants
Rare Restaurants reports £11.5m loss as subsidiary faces liquidation
Rare Restaurants Limited has reported a loss of £11.48m for the 52-week period ending 29 December 2024, widening from a recorded loss of £498,810 the previous year. In light of this, directors have not recommended a dividend for the period, maintaining last year’s position. According to Rare Restaurant’s filing at…
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Sep- 2025 -25 SeptemberRestaurants
Pizza Express takes £41.8m one-off charge as FY profits recover
Pizza Express has reported that a non-cash charge of £41.8m has reduced the carrying value of the brand to £421.7m for the year ended 29 December 2024. The company maintains that this accounting provision did not reflect underlying trading performance. Excluding exceptional charges, Pizza Express posted a profit before tax…
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18 SeptemberRestaurants
Domino’s appoints Andrew Andrea as new chief financial officer
Domino’s Pizza Group has appointed Andrew Andrea as chief financial officer, with effect from March 2026. Andrea is currently finance chief at drinks company C&C Group. He spent more than two decades at pub operator Marston’s, including 12 years as finance director, and has held senior roles at Dollond and…
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15 SeptemberRestaurants
Restaurant takeover deals rise 88% in past year
The number of takeover deals targeting UK restaurant groups has soared by 88% in the past year, according to analysis by law firm TWM Solicitors. It found that the sector witnessed 30 deals in 2024/25, up from 16 in 2023/24, due to a combination of lower interest rates, rising investor…
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