All Whitbread articles – Page 3
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News
Whitbread scraps £10 cap on industry discount
Whitbread has scrapped the £10 Eat Out to Help Out discount limit and will give guests 50% off the food bill and soft drinks on Monday, Tuesday and Wednesday during August. All its 750 restaurants, whose brands include Beefeater, Brewers Fayre, Table Table, Whitbread Inns, Cookhouse + Pub and Bar + Block will have reopened by 5 August and all will participate without any cap on the 50% discount.
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Whitbread to cut 250 jobs
Whitbread may cut 250 head office jobs as part of a proposed restructuring, the hotel and restaurant operator has announced.
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Whitbread to open entire restaurant estate next month, joins Eat Out to Help Out scheme
Whitbread has announced that its entire restaurant estate will have reopened by the beginning of next month, and all sites will be taking part in the government’s Eat Out to Help Out scheme.
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Whitbread opens 24 restaurants
Whitbread has reopened 24 restaurants and 270 UK hotels, with the the majority of the rest of the estate due to reopen throughout July.
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Whitbread launches £980 million rights issue raise
Whitbread has proposed that it intends to raise £980 million - approximately £1,009 million in gross proceeds - by way of a rights issue.
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Whitbread eligible under Covid Corporate Financing Facility
Whitbread has announced it has been confirmed as an eligible issuer under the UK Government’s Covid Corporate Financing Facility (CCFF).
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Whitbread to close restaurant estate
Whitbread is the latest hospitality giant to announce the temporary closure of its restaurant sites amid the COVID-19 pandemic.
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Whitbread reports “solid” Q3 trading performance
Whitbread has reported a “solid” third quarter performance in its trading update released today.
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Analysis & Insight
Goodbody on Whitbread
Whitbread - Thoughts into Q3 update, any confirmation of improving trends important
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News
Whitbread’s Grainne Allen on the next generation Beefeater
In a career spanning three decades, Grainne Allen has worked across all the major pillars of the food industry. What began as a placement year with Marks & Spencer turned into a full-time position as one of the retailer’s first graduate product developers.
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Analysis & Insight
Goodbody on Whitbread
Following the announcement of Whitbread’s H1 results, Rachel Fox, equity analyst at Goodbody gives her verdict.
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News
Whitbread sees turnaround in total F&B sales
Whitbread has seen total food and beverage sales within Premier Inn UK increase by 0.6% during the first half of 2019/20, following a 0.8% decline seen for H1 last year.
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Whitbread appoints new non-executive director
Whitbread has appointed Horst Baier as a non-executive director, with effect from 1 November 2019.
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Whitbread completes £2bn capital return programme
Whitbread has completed a £2bn capital return programme to shareholders.
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News
Whitbread F&B lfls down 2.1%
Whitbread has reported a decline in food & beverage like for like sales growth of 2.1%, in Q1 FY2020.
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Analysis & Insight
Whitbread F&B – some extra meat on the restaurant bones
MCA market insight director Steve Gotham asks why Whitbread is so shy about discussing its substantial restaurant and pub portfolio. He delves into the available data to see what can be gleaned about Whitbread’s F&B brands and their resonance with consumers
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Whitbread sees dip in lfl accommodation and f&b sales
Whitbread has reported like-for-like (lfl) food & beverage sales down 2% in its full financial year.
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News
Whitbread to cut head office
Whitbread is expected to cut more than 100 head-office jobs as a result of its sale of Costa Coffee to the Coca-Cola Company for £3.9 billion – though none of the executive committee is thought to be affected.
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News
Whitbread’s Bar + Block to open first Northern Ireland site
Whitbread’s Bar + Block Steakhouse brand is to open new restaurants in Bristol and Belfast – its first in Northern Ireland, in April.
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Whitbread outlines UK and international ambitions
Whitbread has used its Capital Markets Day to reiterate its belief in its “unique, vertically-integrated model” as a lever for growth and value creation.