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May- 2023 -23 MayRestaurants
Rare Restaurants posts £73.5m turnover
Rare Restaurants has posted a turnover of £73.5m for the year ended 1 January 2023, as part of record breaking…
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22 MayFood and Drink
May drinks sales remain strong despite inflation
Drinks sales increased 5% year-on-year for the seven days ended 13 May following the long weekend for the coronation, according…
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19 MayRestaurants
TRG comes under renewed pressure from activist investor
The Restaurant Group (TRG), owner of Wagamama, has reportedly come under renewed pressure from activist investors, according to reports from…
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18 MayFood and Drink
Just Eat appoints new managing director for UK and Ireland
Just Eat has announced the appointment of Claire Pointon as its new managing director for the UK and Ireland. Pointon…
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17 MayFood and Drink
Delivery and takeaway sales down again but decline slows
Delivery and takeaway sales in the UK dropped 1% year-on year for April, the 17th straight month of year-on-year decline,…
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16 MayPubs and Bars
Drinks sales soar 41% on coronation weekend
Drinks sales in the UK increased 41% on the king’s coronation weekend, according to data from CGA Strategy. The Bank…
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15 MayBusiness
MJMK breaks through £1M crowdfunding target in hours
Restaurant group MJMK has reached its £1m crowdfunding target within the first hours post launch, with the current total close…
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12 MayFood and Drink
Foodservice price inflation falls below 20%
Foodservice price inflation fell to 18.9% in March, the first time it has dropped below 20% in five months, according…
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11 MayRestaurants
Sticks n Sushi to open in Shoreditch
Sticks n Sushi has announced that it will be opening its 11th restaurant in Shoreditch London. The opening in Shoreditch…
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10 MayBusiness
Compass Group HY profits surpass £1bn
The Compass Group has announced that its profits have surpassed £1bn for the six months ended 31 March 2023. This…
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