Food and Drink
The latest news and updates on food, from the business journalists at Catering Today. We bring you the latest on what’s happening in the restaurants, bars and catering industry, with exclusive stories, analysis, best practice and industry comment.
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Mar- 2021 -26 March
Investors shy away from Deliveroo IPO amid wages report
A number of potential investors are reportedly shying away from investing in Deliveroo shares ahead of its stock exchange debut,…
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24 March
Amazon to reduce Deliveroo stake at IPO
Amazon’s stake in Deliveroo will fall to 11.5% following the group’s IPO, according to the IPO prospectus. The fall represents…
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16 March
Greggs swings to £13.7m FY20 loss
Greggs has posted a £13.7m loss-before-tax for the 53 weeks ended 2 January 2021, down from profits of £108.3m in…
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12 March
Takeaway and delivery sales up 317% in Feb, CGA tracker finds
Sales of deliveries and takeaways from UK hospitality groups have more than tripled over the last 12 months, according to…
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10 March
Langham Hospitality Group appoints new F&B director
Langham Hospitality Group has announced the appointment of Chris King as its new director of food and beverage. King began…
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10 March
Just Eat sees 2020 revenues soar 54%
Just Eat Takeaway.com (Just Eat) has revealed total group revenues of £2.06bn for the year ended 31 December 2020, a…
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8 March
Domino’s offloads Swedish arm to focus on UK operations
Domino’s Pizza has announced that it has reached an agreement to offload its Swedish arm in order to allow the…
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5 March
Deliveroo outlines potential £5bn London float
Deliveroo has announced plans for a future listing on the London Stock Exchange that could fetch a value of £5bn.…
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Feb- 2021 -11 February
Uber sees food-delivery revenues double in Q4
Uber has announced that its food delivery platform has experienced a 224% year-on-year revenue increase for Q4 2020. Despite the…
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3 February
Consumers eager to return to going out, CGA finds
Well over half (59%) of consumers said they “couldn’t wait” to go out again, while 51% hoped to get back…
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