Market articles

Carluccio’s abruptly pulls out of US as group profits take £4m hit

Carluccio’s abruptly pulls out of US as group profits take £4m hit

Italian restaurant chain Carluccio’s has closed its two US stores, just months after opening there, following intense competition resulting in lower than expected margins. The chain, which opened its first US site in Greater Washington (not pictured) in 2015, followed by another in the same area in 2016, decided that while trading was encouraging the competitive

EDITOR’S VIEW: Relationship between kitchens and technology is only getting tighter

There’s a very large high street retailer, with a very large food offering, which buys a huge amount of catering equipment and operates an awful lot of kitchens. It is widely regarded as a progressive, forward-thinking organisation that moves with the times in an arena that is undergoing significant change. Yet it might surprise you

RETURN OF THE MAC: McDonald’s looks to set the tone for QSR kitchens of the future

When a corporate bellwether such as McDonald’s stakes its bets on a horse, it’s usually worth the rest of the industry sitting up and paying attention because there’s a fair chance that industry benchmarks will be set in the process. The US-based QSR company and its golden arches have been a symbol of fast food

South coast catering businesses profit from free business advice

Restaurants, cafes, pubs, delis and food entrepreneurs were among the attendees receiving practical support at a special event for the south-coast catering industry last week. ‘Feed Your Growth’, which was hosted by SMB finance specialist Rangewell, saw catering businesses from all over Hampshire, Bournemouth, Portsmouth and the Isle of Wight head to Southampton for a

Thai takeaway kicks off nationwide plan for rapid roll-out

Former Giggling Squid marketing manager, Adam Webb, has announced the opening of the first ThaiWorks takeaway restaurant in Bournemouth, with four more planned within a year. A second site is due to open before 2017 with a further two acquisitions in the next 12 months. Once a solid platform is established, ThaiWorks expects a rapid,

Street food site signs up 35 outlets ahead of launch

Street food is so hot right now that catering equipment specialists feel like they are making accessories for campervans and major multiples scour the kerbside for the next big food trend. London is the epicentre of the trend, and its newest and biggest player, KERB Camden Market, will officially open to the public on Friday

Hotelympia 2016 attracts extra £200m spending power

Hotelympia organiser, Fresh Montgomery, claims purchasing muscle at its Hotelympia 2016 event was pumped by visitors with spend authority in excess of £500,000 – an extra £200m over the 2014 event, said Fresh Montgomery. According to the exhibitions company, 20% of visitors to the show at London’s ExCeL earlier this year declared an annual purchasing

ALMR: Business rates reform an issue as industry struggles with costs

The ALMR has responded to the Valuation Office Agency’s consultation on the business rates appeals system by welcoming the Government’s pledge for reform but raising concerns that the proposed system may delay further root and branch reform. According to the ALMR, pubs and bars have had to contend with rate increases of almost 20% over

Amadeus secures contract for museum cafe concept

Amadeus food has been appointed catering provider at the Herbert Museum and Art Gallery in Coventry, part of the Culture Coventry group of venues. The caterer has been awarded a contract to manage the 120 seat food area within the Museum and Art Gallery – which underwent a  £20m redevelopment in 2008 – by installing its

Full service restaurants are worse for customer health than fast food, says study

Policy makers around the world are being told that their demonisation of fast food outlets over full service restaurants is misguided and wrong. A study by the University of Illinois published in the European Journal of Clinical Nutrition has found that eating out at full service restaurants is more unhealthy than a trip to a