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Oct- 2024 -23 OctoberNews-In-Brief
Today’s news in brief – 23/10/24
Starbucks has suspended its FY guidance for 2025 after Q4 revenues dipped 3% to $9.1bn, as a result of global…
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23 OctoberCafes and Coffee Shops
Starbucks suspends FY guidance as Q4 revenues fall 3% to $9.1bn
Starbucks has decided to suspend its financial guidance for 2025, as consolidated net revenues dipped 3% to $9.1bn (£7bn) during…
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22 OctoberNews-In-Brief
Today’s news in brief – 22/10/24
The Revel Collective has seen its FY losses before tax widen to £36.7m. The group said that the result was…
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22 OctoberRestaurants
Big Mamma FY turnover hits £40m amid social media buzz
French hospitality group Big Mamma, which operates Italian-style restaurants, has reported that its UK turnover almost doubled from £26m in…
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21 OctoberNews-In-Brief
Today’s news in brief – 21/10/24
The UK’s top 100 restaurant groups saw profits dip to £244.1m in 2024 from £246.5m, according to new research by…
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21 OctoberVenues & Properties
King Pins to open third venue in Bristol in January 2025
King Pins will be launching its third venue and first out of Manchester in Cabot Circus, Bristol, in January 2025. …
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18 OctoberNews-In-Brief
Today’s news in brief – 18/10/24
Over 1,200 pubs will likely be closed this year, new data from CAMRA shows, compared to around 1,000 in 2023…
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18 OctoberPeople
GDK bolsters leadership team ahead of 150th UK store opening
German Doner Kebab has announced the appointment of Tommy Edmong as its new CFO and Amit Pancholi as UK franchise…
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17 OctoberNews-In-Brief
Today’s news in brief – 17/10/24
Deliveroo’s GTV rose 6% to £1.7bn in Q3 as the company maintains its full year guidance. Total orders increased 2%,…
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17 OctoberRestaurants
Whitbread to offload 51 F&B sites for £56m
Whitbread has accepted offers on 51 F&B locations for £56m, as part of the hotel operator’s plans to exit a…
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