Strategy
This section highlights the strategic moves shaping the UK hospitality and foodservice industry. From brand repositioning and pricing models to diversification plans, leadership changes, and multi-site rollout strategies, our coverage provides valuable insight into how restaurant groups, pub chains, caterers, and bar operators are adapting to shifting market conditions. Whether you’re refining your business model, assessing competitor strategies, or making key investment decisions, this archive offers sharp editorial designed to support strategic thinking at every level of the foodservice sector.
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Oct- 2024 -16 OctoberNews
Just Eat orders drop across all markets in Q3
Just Eat has seen a drop in orders across all its markets in Q3 but has maintained its full year guidance. The food delivery company reported that its Gross Transaction Value (GTV) fell by 3% to €6.3bn (£5.2bn) in the quarter, down from €6.5bn (£5.4bn) in Q3 2023. Excluding North…
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15 OctoberFood and Drink
Papa Johns UK losses widen to £18.5m in FY23
Papa Johns’ UK arm has reported a pre-tax loss of £18.5m for the year ended 31 December 2023, which widened from a previous loss of £2.9m in 2022. According to the group’s filings with Companies House, Papa Johns in the UK saw its turnover rise slightly from £95.1m to £95.9m…
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11 OctoberNews-In-Brief
Today’s news in brief – 11/10/24
Boxpark has had its new location in Birmingham greenlit. Located in Digbeth, Boxpark has signed a 15-year lease in the Floodgate Street Arches. The new opening, which will see the group invest roughly £5m into the local area, is expected to create around 200 new jobs upon launch in 2025. …
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11 OctoberPeople
Sticks’n’Sushi appoints new CFO
Danish-Japanese restaurant group, Sticks′n′Sushi, has announced the appointment of Kushal Banerjee as its new chief financial officer. With over 17 years of experience, Banerjee brings “significant” expertise across M&A, capital markets and corporate strategy. He joins Sticks’n’Sushi after five years at Azzurri Group, the private equity-backed hospitality investment platform with…
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9 OctoberNews
Marston’s sales increase 5.8% in FY24
Marston’s total retail sales increased 5.8% according to its preliminary results for the 52 weeks to 28 September 2024. The UK operator of 1,339 pubs said it also saw its like-for-like sales increase 4.8%, outperforming the broader market. The group said that both food and drink have shown “good momentum”…
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8 OctoberPubs and Bars
Epiris acquires Amber Taverns
Epiris has announced that Epiris Fund III has agreed to acquire pub operator Amber Taverns for an undisclosed sum. The acquisition is Epiris Fund III’s fifth investment, following Delinian, LoneStar, Pure Cremation and GSF Car Parts. Amber Taverns operates 178 freehold, wet-led pubs, predominantly in the North of England, the…
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2 OctoberFood and Drink
QSRP acquires majority stake in Chopstix
QSRP has announced a strategic investment in Chopstix, acquiring a majority stake in the QSR chain for an undisclosed sum. The partnership is aiming to accelerate growth and innovation for both QSRP and Chopstix across the UK and Europe. The investment aligns with QSRP’s strategy to enlarge and diversify its…
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Sep- 2024 -30 SeptemberBusiness
Inverclyde Council unveils Growth Programme for Independent Hospitality Businesses
Inverclyde Council has launched the Growth Programme for Independent Hospitality Businesses to help boost the local sector thanks to funding from the UK government through the Shared Prosperity Fund. It follows the success of a similar initiative run earlier this year for independent retailers. Participants in the new hospitality support…
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25 SeptemberNews
Today’s news in brief – 25/09/24
Tortilla saw revenues in H1 fall from £32.7m to £31.5m, as overall like-for-like revenues fell 5.5% due to a planned decision to end its ties with Deliveroo. This move culminated in an “expected” delivery revenue decline of 10.3% like-for-like, albeit with improved delivery profitability of £0.5m in the first half.…
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25 SeptemberFood and Drink
Tortilla H1 revenues dip following change to delivery strategy
Tortilla has revealed that revenues for the first-half period to 30 June fell from £32.7m to £31.5m, as overall like-for-like revenues fell 5.5% due to a planned decision in the first quarter to condense to a dual delivery partnership – ending its ties with Deliveroo. This move culminated in an…
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