Food Services

Prezzo in talks with lenders as loans drop

Prezzo in talks with lenders as loans drop

Prezzo has appointed a specialist turnaround firm ahead of a potential financial restructuring, according to The Times.

Domino's UK system sales increase 9.8%

The increase is driven by new store openings and strong like-for-like performance of 6.1%.

DP Eurasia delivers 32.8% sales growth

It announced that the increase in annual sales was helped by the expansion of its store networks and boost from online orders.

Starbucks EMEA sales fall

EMEA sales fell 1% for the quarter ending Dec 31st, with transactions down 4%.

Crêpeaffaire to triple number of units with £2m funding by BGF

The multi-site crêperie brand will use the funding to expand across the UK and internationally.

Caffè Nero to roll out 3C Payment solution across all UK stores

3C Payment and Caffè Nero announced the deployment of 1,500 payment terminal devices across all 720 stores.

Joe Delucci's Gelato bought out of administration

It has been purchased by a group of investors headed up by the firm’s former operations manager Alexandra Beer.

Costa Results Announced

The third quarter growth comes from new stores and Costa Express expansion.

Starbucks kicks off search for EMEA customer engagement agency

It launched its first European-wide customer engagement agency.

Will Britons be put on a diet?

The UK could effectively be put on a diet by a new Government-recommended ‘calorie cap’, according to The Times.

Sachem Head urges Whitbread to consider break-up

The investor asked Whitbread to consider a break up of its Costa Coffee chain from its hotels and restaurant businesses.

Starbucks named fifth most admired company in the world

Starbucks ranked number one in the food and beverage industry in the annual rankings from Fortune magazine.

Britain's managed restaurant and pub groups sales down 0.1%

Although across the managed pub market, drink sales were up 1.8%, while food was down 1.4%.

Greggs' total sales up 7.4%

In 52 weeks ended 30 December 2017, its company-managed shop like-for-like sales are up by 3.7%.