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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May- 2024 -2 May
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 May
Ikoyi launches first takeaway menu with Uber Eats
Two Michelin-starred restaurant Ikoyi has announced the launch of its first takeaway menu alongside Uber Eats. The menu is priced…
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2 May
Starbucks revenues dip 2% to $8.6bn in Q2
Starbucks net revenues declined 2% to $8.6bn (£6.8bn) during the 13 weeks ended 31 March. The group’s global sales also…
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2 May
Rarebreed Dining appoints Savills on strategic business and real estate review
Rarebreed Dining has appointed international real estate advisor Savills to assist with a strategic review of the business and its…
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2 May
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 May
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 May
Compass Group completes CH&CO acquisition
Compass Group UK and Ireland has announced that it has completed the deal to acquire catering company, CH&CO. The acquisition…
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1 May
Rhubarb Hospitality Collection refurbs Fenchurch Restaurant
Rhubarb Hospitality Collection (RHC) has announced that it has refurbished its Fenchurch Restaurant, located on the 37th floor of the…
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1 May
Greene King to invest £40m in new brewery
Greene King has announced that it will invest £40m in developing a new state-of-the-art brewery in Bury St Edmunds. The…
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1 May
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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