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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Mar- 2023 -17 MarchNews
Deliveroo posts £300m loss despite revenues of £1.9bn
Food delivery business Deliveroo reported a loss for the year of almost £300m, according to its results for the FY22 period. Despite the loss, Deliveroo said it delivered a “strong year” of operational and financial performance which was ahead of expectations. The London-based company reported a 14% increase in revenues,…
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9 MarchFood and Drink
Domino’s FY sales boosted by record Q4
Domino’s UK has seen revenues rise by 7% to £600m in FY22, with like-for-like system sales up by 5.3% in the period, boosted by a strong Q4, where record quarterly orders were reported. Profit-before-tax fell by 13.2% to £98.9m however, affected by an additional £2.4m accelerated amortisation and impairment relating…
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9 MarchPeople
Over 2m hospitality workers suffering ‘declining mental health’
Over 2 million people who work in the hospitality sector are suffering from “declining mental health” as a result of the cost of living, according to the State of Financial Wellbeing index from Wagestream. The index also found that 67% of hospitality staff have cut back on their spending with…
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6 MarchPeople
Mollie’s appoints Dan Gover as group innovation and development chef
Mollie’s motel and diners, has appointed Dan Gover as group innovation and development chef following the launch of its Manchester-based site in late 2023. Gover plans to assist with the brand’s creative F&B development. He started his hospitality career as a head chef at the White Horse Hotel in Romsey…
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Feb- 2023 -28 FebruaryRestaurants
Various Eateries FY losses widen amid margin pressures
Various Eateries has seen its pre-tax loss widen to £7.2m, up from a loss of £3.7m in FY21, as profitability was impacted by higher costs and margin pressures. The group said it had resisted passing price increases onto customers in full “until there was more certainty around the trajectory of…
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23 FebruaryFood and Drink
Foodservice price inflation sees first fall since September 2021
Foodservice price inflation dropped to 22% in January, a decrease of 0.9% from September, according to data from CGA strategy. While only a small decrease in inflation it represents the first fall in foodservice price inflation since September 2021. However, all categories remain in double-digit inflation, with oils and fats…
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23 FebruaryPeople
KFC UK&I appoints interim CMO
KFC UK&I has appointed chief corporate affairs and sustainability officer Jenny Packwood as its interim CMO. In addition to her current duties, she will hold the role as the group looks for a permanent replacement for Jack Hinchliffe. It comes as Hinchliffe, the former CMO for KFC UK&I, has moved…
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22 FebruaryFood and Drink
Hospitality sees fourth straight month of YOY growth
The UK hospitality sector saw a 10.9% year-on-year sales increase in January 2023, its fourth consecutive month of growth, according to data from CGA strategy. This figure of 10.9% is ahead of the current rate of inflation, 10.1%, as measured by the consumer prices index from CGA. However, trading in…
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10 FebruaryRestaurants
Gino D’Acampo’s Luciano restaurant sold to San Carlo Group
Gino D’Acampo’s restaurant Luciano, in Alderley Edge Cheshire, has been acquired by the San Carlo Group. The restaurant will close its doors on 14 February 2023, just one year after it opened. It will be closed for five weeks and then reopen under the San Carlo brand. The restaurant will…
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9 FebruaryPeople
Various Eateries poaches RedCat CFO
Various Eateries is set to appoint Sharon Badelek as chief financial officer (CFO), with effect from 1 April 2023. Badelek has a career spanning more than 30 years, having held financial leadership positions at several high-profile leisure and hospitality businesses. Most recently, she was CFO of RedCat Pub Company, where…
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