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May- 2024 -3 MayNews
Today’s news in brief – 03/05/24
Yum! Brands reported a 3% decline in revenue to $1.5bn (£1.1bn) for Q1. Operating profit for the group also declined…
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3 MayPubs and Bars
Nightcap quells Revolution Bars acquisition rumours
Nightcap has released a response to speculation that it is planning to acquire Revolution Bars Group, following its documented struggles…
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2 MayNews
Today’s news in brief – 02/05/24
Starbucks net revenues declined 2% to $8.6bn (£6.8bn) during Q2. The group’s global sales also declined 4% during the period,…
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2 MayFood and Drink
Domino’s Q1 in line with expectations despite ‘slow’ January
Domino’s has revealed in a trading update that Q1 performance is in line with expectations, as it experienced positive like-for-like…
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1 MayNews
Today’s news in brief – 01/05/24
Compass Group UK&I has acquired CH&CO, which will see the catering company’s portfolio of brands – including Gather and Gather,…
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1 MayBusiness
Administration cases within hospitality double, NTIA finds
The hospitality and night-time economy sectors have experienced a significant increase in businesses going into administration, a recent report by…
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Apr- 2024 -30 AprilNews
Today’s news in brief – 30/04/24
Foodservice price inflation has fallen below 10% for the first time in two years, according to data from CGA. This…
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30 AprilBusiness
St Austell Brewery and Rick Stein Group unveil partnership
St Austell Brewery has signed a three-year deal with the Rick Stein Restaurant Group, to supply its beer in Rick…
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29 AprilNews
Today’s news in brief – 29/04/24
Chipotle’s revenues rose 14.1% to $2.7bn (£2.3m) during Q1 ended 31 March. The group has attributed its performance to sales…
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29 AprilRestaurants
Chipotle revenues rise 14% to $2.7bn in Q1
Chipotle has reported that total revenues rose 14.1% to $2.7bn (£2.3m) during the first quarter to 31 March. The group…
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