York
Coverage highlights hospitality and foodservice developments in this historic city, with reporting on restaurant and pub openings, independent brand activity, local sourcing, and tourism-led demand. Areas such as the city centre, Bishopthorpe Road, and Fossgate feature prominently, offering insights for operators responding to heritage-driven footfall, commuter trade, and the balance between local and visitor markets.
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Oct- 2024 -3 OctoberNews-In-Brief
Today’s news in brief – 03/10/24
Blank Street Coffee saw its UK turnover rise sharply by 517% to £11.4m in the year ended 31 December 2023. The New York-based coffee chain first began trading in the UK in June 2022, so these results reflect its first full year in this market. While the group sustained a…
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3 OctoberCafes and Coffee Shops
Blank Street Coffee UK turnover leaps 517% in first full year
New York-based coffee chain Blank Street Coffee has reported that UK turnover rose sharply by 517% to £11.4m ($15.2m) in the year ended 31 December 2023. Group revenues in the UK were also higher than the £1.9m ($2.3m) generated in its first six months in the market. According to its…
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Sep- 2024 -20 SeptemberNews
Today’s news in brief – 20/09/24
Caffè Nero has reported record sales of £147m for Q1, driven by very strong growth in the UK of 12.5% year-on-year and a like-for-like sales rise of 9.1%. The coffee house brand’s Q1 performance was “notably” above the general trend of the F&B sector, marking a continuation of Caffè Nero’s…
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20 SeptemberRestaurants
Wingstop UK appoints head of acquisitions amid expansion plans
Wingstop UK has announced the appointment of Adrian Saunders as its new head of acquisitions. Saunders previously led the acquisition of approximately 90 restaurants for The Restaurant Group, including Frankie and Benny’s and Chiquito locations. He also successfully acquired 45 prime high street and shopping centre sites for Wagamama, including…
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17 SeptemberFood and Drink
Pret A Manger FY global sales hit £1.1bn for first time
Pret A Manger has reported a 10% increase in first-half sales to £569m, whilst also revealing that global sales hit £1.1bn for FY23 for the first time, following its expansion into overseas markets. Pret confirmed that it achieved its medium-term growth target during FY23, which was set in 2021. The…
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Aug- 2024 -5 AugustCafes and Coffee Shops
Knoops appoints two non-exec directors
Knoops has announced the appointment of Julian Metcalfe and Alice Avis as non-executive directors, both also being investors in the business. Metcalfe is a “renowned” entrepreneur and co-founder of Pret a Manger and founder of Itsu. Avis was previously CEO and chair of the Sanctuary Spa Group, an international beauty…
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Jul- 2024 -24 JulyNews
Today’s news in brief – 24/07/24
Tortilla saw a 5.9% drop in revenues to £31.5m in H1 ended 30 June 2024. The Mexican restaurant chain attributed this decline to its strategic decision in Q1 to condense to a dual delivery platform to improve profit conversion and increase focus on in store revenue. The group’s adjusted EBITDA…
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24 JulyRestaurants
Proper Slice BYGB to open in EVE Kensington
Proper Slice BYGB is set to open a residency at EVE, Ember Locke’s restaurant from 1 August to 2 September 2024. Proper Slice BYGB is the latest venture from Gibran Baydoun, the person who brought Lucali BYGB to Singapore. The new venture aims to celebrate New York’s old-school pizzerias, with…
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4 JulyNews
Sale e Pepe appoints new head sommelier
Italian restaurant Sale e Pepe in Knightsbridge has announced the appointment of Luca Visconti as its head sommelier. With a “distinguished” career in the hospitality industry, he brings a wealth of experience and expertise to the wine list at Sale e Pepe, having worked as a sommelier for over a…
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3 JulyRestaurants
Hawksmoor explores sale to aid international expansion
Hawksmoor has reportedly begun exploring a sales process that could value the restaurant group at roughly £100m in a bid to grow its international presence, according to The Financial Times. It is understood that investment bank Stephens has been appointed to run the sale process, and has already begun talking…
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