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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Aug- 2022 -17 AugustFood and Drink
Inflation hits new 40-year high at 10.1%
Inflation has once again broken records with a new 40-year high recorded last month, as the Consumer Price Index (CPI) hit 10.1% in the 12 months to July 2022, up from 9.4% in June. According to the Office for National Statistics (ONS), the biggest contribution to this figure was rising…
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17 AugustBusiness
Nightcap agrees £10m debt refinancing facility
Nightcap plc has agreed a £10m debt refinancing facility with HSBC UK as the owner of the Cocktail Club, the Adventure Bar Group and the Barrio Familia group of bars continues its expansion. Nightcap is using the bank’s support to consolidate existing debt facilities worth £5.5m across 34 sites, three…
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9 AugustRestaurants
Elior signs deal with Tennent Breweries
Contract caterer Elior has secured a deal with Tennent Caledonian Breweries to provide staff catering at its Wellpark brewery in Glasgow. The three-year contract will see Elior provide an all-day service in the brewery’s canteen, for up to 375 staff, comprising breakfast and a lunch offer which includes a deli…
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5 AugustCafes and Coffee Shops
Costa Coffee opens 300th UK drive-thru amid £20m expansion
Costa Coffee has opened a new drive-thru in Peel Centre Retail Park, Sunderland, which marks the 300th drive-thru for the business and forms part of Costa’s £20m expansion strategy for its drive-thru format alone this year. Costa Coffee and its franchise partners will invest in 60 new drive-thrus in 2022,…
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3 AugustBusiness
Just Eat parent suffers €3.5bn write down on US business in H1
Just Eat Takeaway has written down the value of its US subsidiary Grubhub by €3.5bn (£2.9bn), a year after it purchased the food delivery group for $7.3bn (£5.98bn). Meanwhile, Just Eat Takeaway expects its profitability to continue improving going forward and is maintaining its outlook for FY22. Just Eat expects GTV…
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2 AugustPeople
Comptoir Group chair and CEO step down
Comptoir Group has announced that the group’s CEO, Chaker Hanna, and chair, Richard Kleiner, have both stepped down with immediate effect. As a result, Beatrice Lafon and Jean-Michel Orieux have been appointed to the board with immediate effect as independent non-executive chair and independent non-executive director, respectively. It is reported…
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2 AugustPubs and Bars
Revolution Bars sees ‘strong’ LFL sales
Revolution Bars Group plc, has reported its full year like-for-like (LFL) sales increased 1.3% in the year ended 2 July 2022 (FY22), following the lifting of Covid restrictions in England after 19 July 2021. The group said this is a strong result given the disruption caused by the Omicron variant…
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2 AugustPeople
Greggs names new chair as revenues rise
Greggs has announced the appointment of Matthew Davies as an independent non-executive director and chair designate. Davies joins the board with immediate effect, and will be appointed as chair on 1 November 2022, when the current chair, Ian Durant, steps down. He is widely experienced in retail, and during his…
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Jul- 2022 -27 JulyPubs and Bars
Marston’s like-for-like sales drop 2%
Marston’s plc has revealed its like-for-like sales dropped 2% for the 42 weeks to 23 July FY22, compared to the same period in FY2019, due to the reintroduction of trading restrictions in December and January, and the impact on consumer sentiment in H1. However, total retail sales in the group’s…
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26 JulyNews
Restaurant Associates appoints 3 regional managing directors
Restaurant Associates has announced the appointment of three new regional managing directors across its nationwide estate. Sara Senior, previously sales and retention director, moves to regional managing director with a remit to oversee Restaurant Associates’ key London clients. Ming Lai joined Compass Group Australia over a decade ago, before coming…
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