Foodservice operators face 2% spike in supply prices: Foodservice operators and caterers are on the front line of rising inflation, supply chain expert Prestige Purchasing has warned. While the latest Consumer Price Index (CPI) figures in … view

Greene King reports record results: Greene King has reported record sales of £1,044.3m in the 24 weeks to 16 October 2016, a rise of 13.8% year-on-year. Operating profit before exceptional items was £203.7m, with all divisions in profit … view

Patisserie Valerie reports tenth consecutive year of sales and profit growth: Patisserie Valerie has reported its tenth consecutive year of revenue and profit growth with sales up 13.3% to £104.1m (2015: £91.9m) in the 12 months to 30 S … view

Crieff Hydro reports steady performance as Peebles revival plan kicks in: Scottish independent hospitality company Crieff Hydro has reported a steady performance as its Peebles revival plan kicks in. A strong performance in Crieff, combin … view

Until relatively recently the most … view

Domino’s Pizza chief – there is a long runway of growth ahead for our UK business: Domino’s Pizza Group chief executive David Wild said there is a long runway of growth ahead for its UK business. The company, which has 965 stores in … view

Numis Securities – aligning the timetable for the NLW and other wages is in effect enforcing a double increase for half the sector’s workforce: Numis Securities leisure analyst Tim Barrett has said aligning the timetable for the Natio … view

Greene King launches Black Friday cross-brand discount offer: Greene King, the UK’s pub retailer and brewer, has today launched an innovative cross-brand digital promotion to its customers to celebrate this year’s Black Friday event, … view

Greene King Leisure Tracker – eating and drinking out drives leisure spend increase in October: Eating and drinking out drove an increase in leisure spend during October as households took advantage of half-term, according to the latest … view

Mitchells & Butlers to launch new casual dining concept Chicken Society next month: Mitchells & Butlers is to launch a new fast-casual chicken and duck concept called Chicken Society in Finchley, north London, next month. Chief executive … view

M&B returns to like-for-like growth, accelerates estate investment: Mitchells & Butlers has reported like-for-like sales down 0.8% in the year to 24 September but with improving trends – the first eight weeks of the current financial ye … view

Seedrs reports food and beverage largest sector for deals: Crowdfunding platform Seedrs, which is the largest platform in the UK by certain measures, has reported food and beverage deals have accounted for more than one in ten of its 375 … view

Multi-site operators scoop six accolades at Star Pubs & Bars awards: Multi-site operators scooped six accolades at Star Pubs & Bars’ 2016 Star Awards. Flying Pig & Lobster, the pub operator set up by Revolution vodka bar founders Roy El … view

Restaurant and pub like-for-like sales slip by 1% in October thanks to Rugby World Cup hangover: Managed pub and restaurant groups saw sales slip in October, with collective like-for-like sales down 1.0% on the same month last year, accor … view

Rooney Anand named Lloyds Business Awards Leader of the Year: Greene King chief executive Rooney Anand has been named The Ashridge Executive Education Leader of the Year at the 2016 Lloyds Bank National Business Awards held at the Grosven … view

Cairn Group adds five sites in £75m deal: A north east-based leisure group has acquired five hotels against a list price of £75m – a move set to significantly expand the company’s reach across the UK. Newcastle-based hotel and bar o … view

Enterprise reports successful ‘strategy delivery and financial performance’ in latest year: Enterprise Inns, the largest pub owner in the UK, has reported a ‘successful year of financial performance and strategy delivery for the yea … view

Minimum pricing to impact at least half of alcohol sales in Scotland: At least 50% of alcohol sold in Scotland fails to meet the impending minimum price legislation, according to new research. Spirits will suffer the biggest impact as 69% … view

Almost 40% of Scottish hospitality venues see decline in sales as trade bosses warn hundreds of outlets face closure without radical business rates change: Nearly 40% of Scottish pubs, clubs, restaurants and hotels have a seen a decline i … view

Research reveals key trends set to impact food and drink market in 2017: Operators have opportunities to provide customers with more functional food and drink designed for evening consumption and affordable healthy food for low-income con … view

Young’s boss slams ‘ludicrous’ £5m business rates increase: Young’s chief executive Patrick Dardis has criticised a “ludicrous” £5m increase in the company’s business rates bill, a 45% increase on existing levels. The comp … view

NPD Group – snacks making up 27% of total British QSR traffic: Three snacking occasions (morning, afternoon and late snack/drink) represent 27% of total British quick-service restaurant (QSR) traffic, according to new research by insigh … view

M&B places 75 pubs on the market: Mitchells & Butlers has placed 75 pubs on the market. A spokesman said: “We continuously review our estate of about 1,750 restaurant and pub businesses to ensure that we’re always obtaining the best r … view

Town and Country Inns goes into administration: Town and Country Inns, the Birmingham-based group that operates Fleet Street Kitchen, Apres, Lexicon and Mechu, has gone into administration. The company has five sites but three of those ar … view

Punch Taverns reports completion of strategic disposal plan, average profit per pub up 4%: Punch Taverns has reported performance in line with management expectations in the 52 weeks to 20 August reflecting the completion of its strategic … view

Starbucks to expand premiumisation offer: Starbucks is set to expand its premiumisation offer in 2017, which the brand said would open up new avenues of growth. Chairman and chief executive Howard Schultz revealed what was essentially a t … view

Azzurri Group reports turnover and profits boost: Azzurri Group, which owns and operates Ask Italian, Zizzi and Coco di Mama, has reported increased revenues and earnings in its latest financial year. The group, which was sold to private … view

Northcote Leisure Group reports turnover passes £10m mark as pre-tax losses more than half: Northcote Leisure Group, run by celebrity Michelin-starred chef Nigel Haworth and wine expert Craig Bancroft, has reported turnover has passed th … view

Starbucks reports 4% like-for-like growth in fourth quarter: Starbucks has reported global like-for-likes up 4% for its 14-week fiscal fourth quarter ended 2 October 2016. US like-for-likes increased 4%, comprised of a 6% increase in aver … view

Brunning & Price reports Ebitda and pre-tax profit boost as turnover surges past £50m mark: Brunning & Price, the gastro-pub brand owned by The Restaurant Group, has reported an Ebitda and pre-tax profit boost as turnover surged past the … view

Wahaca shuts nine restaurants following suspected norovirus outbreak: Hundreds of staff and diners at Mexican restaurant chain Wahaca have been struck down with suspected norovirus. Public health chiefs confirmed they had launched a natio … view

Cash-free foodservice outlets to become more common in 2017 as consumers embrace new payment methods: Cash-free foodservice outlets will become more common next year as consumers embrace new payment methods such as contactless cards, smar … view

Cash-free foodservice outlets to become more common in 2017 as consumers embrace new payment methods: Cash-free foodservice outlets will become more common next year as consumers embrace new payment methods such as contactless cards, smar … view

JD Wetherspoon reports like-for-like sales up 3.5% in First Quarter, sales growing slowing: JD Wetherspoon has reported like-for-like sales were up 3.5% and total sales increased 2.3% for its First Quarter, the 13-week period up to 23 Oct … view

Gourmet Burger Kitchen reports pre-tax profit almost trebles following turnover boost: Gourmet Burger Kitchen, which was acquired by South African fast food group Famous Brands in September, has reported its pre-tax profits have almost tr … view

Horizons – the sector has seen a slowdown in new brands activity in past six months: A decline in the number of new eating out brands qualifying for the latest Horizons Ones To Watch research, along with a slower rate of expansion for m … view

Conviviality reports sales up 211% after acquisitions: Conviviality, the wholesaler and distributor of alcohol and impulse, serving customers through its franchised retail outlets and through hospitality and food service, has reported, fo … view

Restaurants under pressure to serve up speed and convenience as ordering in and eating out figures soar: Brits are demanding faster service and more convenient ways to pay when eating out and ordering takeaways for delivery, according to … view

Innis & Gunn founder – principal aim of £1m crowdfunding campaign is to roll-out The Beer Kitchen brand: Dougal Sharp, founder of Scottish brewer and retailer Innis & Gunn, has told Propel the principal aim of its £1m crowdfunding cam … view