News
The latest industry news 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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Nov- 2023 -6 November
Closures slow after licensed premises drop below 100,000
The number of licensed premises in Britain has fallen by 3.6% over the last 12 months to 99,916 sites, according…
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6 November
Restaurant Brands International sales rise to $1.8bn in Q3
Restaurant Brands International (RBI), the company behind Burger King, Popeyes, Tim Hortons and Firehouse Subs, has seen revenues rise to…
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6 November
Outpost Bar and Kitchen to open in Pontcanna’s Laundry Quarter
Outpost, a new Welsh independent bar and kitchen based in Pontcanna’s Laundry Quarter, is set to open its doors on…
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6 November
Finca to open sixth site in Glastonbury
Coffee shop company Finca will be opening its sixth location in Glastonbury on Market Street, in the New Year. The…
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3 November
Today’s news in brief – 03/11/23
Starbucks revenues increased 11% to $35.9bn for the full year ended 1 October, as global comparable store sales increased by…
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3 November
Half of restaurant-goers say bad experiences damage brand loyalty
Nearly half (49%) of restaurant-goers stated that a few bad experiences is the biggest reason why they become less loyal…
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3 November
CMBC to invest £10m+ in Northampton Brewery to boost sustainability
Carlsberg Marston’s Brewing Company (CMBC) has announced its plans to invest more than £10m in upgrading equipment at its Northampton…
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3 November
Starbucks net revenues rise 11% to $36bn in FY23
Starbucks has announced that net revenue increase of 11% to $35.9bn (£29.4bn) for the full year ended on 1 October…
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3 November
KFC owner net revenues rise 26% in Q3
Yum! Brands, the owner of KFC, has revealed that net incomes increased 26% to $416m (£340m) for Q3 ended 30…
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2 November
Today’s news in brief – 02/11/23
Coffee#1 reported strong trading for Q1 ended 31 August, with a 21.9% year-on-year growth in sales. The company, which operates…
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