News-In-Brief
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Feb- 2025 -28 February
Today’s news in brief – 28/02/25
Papa John’s full-year revenues fell by 4% to $2.06bn (£1.64bn), as global restaurant sales fell by 3% to $4.85bn (£3.85bn).…
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27 February
Today’s news in brief – 27/02/25
Hospitality sales fell by 1.3% year-on-year in January, following like-for-like growth of 3.2% in December and January. This was the…
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26 February
Today’s news in brief – 26/02/25
Starbucks is set to cut 1,100 jobs as part of its global turnaround plan. Chief executive Brian Niccol stated that…
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25 February
Today’s news in brief – 25/02/25
Prosus has agreed to acquire Just Eat for €4.1bn (£3.4bn) to create the fourth largest food delivery group globally. Prosus…
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24 February
Today’s news in brief – 24/02/25
Some 70% of hospitality businesses will cut jobs due to reduced rates relief from April, according to a survey by…
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21 February
Today’s news in brief – 21/02/25
Contract caterers saw their sales rise by 12% year-on-year in Q4 of 2024, following increases of 7%, 10% and 7%…
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20 February
Today’s news in brief – 20/02/25
The Nero Group has seen its overall sales rise by 13% to $680m (£539m) in FY24, having restarted its openings…
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19 February
Today’s news in brief – 19/02/25
Hospitality insolvencies were down 7% year-on-year from 3,737 in 2023 in 2023 to 3,464 in 2024, according to ONS data.…
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18 February
Today’s news in brief – 18/02/25
The BBPA has called for urgent government action as nearly 300 pubs closed in 2024 – an equivalent of six…
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17 February
Today’s news in brief – 17/02/25
The Cinnamon Collection will open its third site and its first in Leeds this May. Led by executive chef and…
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