Roadchef

Today’s news in brief – 30/04/25

Starbucks has seen its consolidated net revenues rise by 2% to $8.8bn (£6.5bn) in Q2, despite global comparable store sales declining 1% due to a 2% fall in transactions. In North America, comparable store sales saw a 1% fall that was driven by a 4% decline in transactions, though this…

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Roadchef appoints Tim Gittins as new CEO

Roadchef Limited has announced the appointment of Tim Gittins as its new CEO. Gittins brings over 15 years of board level experience in the motorway services sector. Prior to Roadchef, he served as chief revenue officer at Bink, a UK-based loyalty app. He has also held other senior positions including…

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Today’s news in brief – 11/04/25

NWTC has seen a 9% improvement in like-for-like sales across the last four quarters, following the appointment of a new leadership team and a renewed focus on The Botanist brand. Antony Doyle, the former operations director of Loungers, joined New World Trading Company in June 2024 as its group operations…

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Roadchef opens new McDonald’s drive-thru at Strensham Services

Roadchef has announced the opening of a new McDonald’s drive-thru at its Strensham Service station, located southbound on the M5, which enhances the service’s customer convenience and on-the-go dining options.  This addition to the service station, which is Roadchef’s seventh McDonald’s Drive-Thru across its 30 McDonalds restaurants across the UK,…

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Today’s news in brief – 19/02/25

Hospitality insolvencies were down 7% year-on-year from 3,737 in 2023 in 2023 to 3,464 in 2024, according to ONS data. Insolvencies in the sector saw an even bigger drop month-on-month, down 31% from 327 in November 2024 to 224 in the following month, and fell 29% compared with the same…

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Roadchef to welcome new F&B brands at Folkestone Services

Roadchef has announced that a number of new brands, including McDonalds, Costa and WH Smith, will be arriving at Folkestone Services on the M20.  The new on-site venues will be open 24/7 to offer round-the-clock access to food, drinks and shopping for travelers.  Costa has benefited from additional upgrades such…

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Today’s news in brief – 10/02/25

Red Engine has unveiled its 2025 global expansion plans as its Q4 sales rose 24% to £25.3m. The hospitality group behind Flight Club and Electric Shuffle saw its sales combined with its franchise partners reach £38.4m, spelling a rise of 23% year-on-year – with like-for-like sales increasing by 4%.  Britain’s…

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Cornish Bakery eyes expansion as FY24 turnover rises 24% to £29m

Cornish Bakery is looking to “substantially” grow the business, as net turnover rose by 24.05% to £29.4m in the year ended 30 May 2024. At the year end, Cornish Bakery had 61 bakery locations across the UK – five more than a year prior – including six locations under a…

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Today’s news in brief – 18/07/24

Roadchef has returned to profitability during 2023 after seeing its revenues jump 16.9% to £256m. It comes as the group reported profits before tax of £13.4m for the period, up from a previous loss of £6.6m. During the year, Roadchef welcomed over 49 million visitors to its motorway service areas…

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Roadchef returns to profitability

Roadchef has returned to profitability for the year ended 31 December 2023 after seeing its revenues jump 16.9% to £256m. It comes as the group reported profits before tax of £13.4m for the period, up from a previous loss of £6.6m. The group’s net assets also rose during the year…

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