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 -3 May
Today’s news in brief – 03/05/24
Yum! Brands reported a 3% decline in revenue to $1.5bn (£1.1bn) for Q1. Operating profit for the group also declined…
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3 May
The Royal Oak pub in Durham up for sale
The Royal Oak pub in North West Durham has been put up for sale with a freehold price of £370,000.…
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3 May
Yum! Brands revenues dip 3% to $1.5bn in Q1
Yum! Brands, which operates KFC, Taco Bell and Pizza Hut, reported a 3% decline in revenue to $1.5bn (£1.1bn) for…
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3 May
Deliveroo, Just Eat and UberEats commit to prevent illegal workers
Deliveroo, Just Eat and Uber Eats are taking significant steps to protect the British public’s safety by preventing exploitation of…
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3 May
Nightcap quells Revolution Bars acquisition rumours
Nightcap has released a response to speculation that it is planning to acquire Revolution Bars Group, following its documented struggles…
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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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