Cardiff
Coverage explores foodservice and hospitality developments across the Welsh capital, with reporting focused on areas such as Cardiff Bay, the city centre, Canton, and Roath. Topics include restaurant and bar openings, independent growth, student and event-driven footfall, and investment trends. Insight is geared toward operators and suppliers monitoring trade dynamics in one of the UK’s most vibrant and fast-evolving regional markets.
-
Sep- 2023 -20 SeptemberPubs and Bars
Arc Inspirations sales jump 7.5% amid expanded estate
Bar group Arc Inspirations has announced an annual sales growth of 7.5% up to £40.8m for the year ended 26 March 2023. Alongside this the company posted an adjusted EBITDA of £3.84m, overcoming economy-wide inflationary and staffing pressures. Company EBITDA for the year was lower than the previous period, which…
Read More » -
20 SeptemberFood and Drink
Market Halls revenues surge 155% to £22m in FY23
Food hall operator, Market Halls, saw revenues grow 155% from £8.6m to £22m in the year to July 2023, as like-for-like sales leaped 40% since the Covid-related “soft trading” in the previous year. The group also announced that EBITDA before company costs grew to £2.6m in the year, as it…
Read More » -
7 SeptemberFood and Drink
Roxy Leisure to open Roxy Lanes Liverpool in November
Roxy Leisure will be opening its Roxy Lanes concept in Liverpool this November, marking the third site and the first venue in the region in the group’s expansion plan. Roxy Lanes Liverpool School Lane will focus on 10 pin bowling and feature a range of activities including American pool, shuffleboard,…
Read More » -
Aug- 2023 -10 AugustAnalysis
Greggs’ recipe for success
By May 2023, Greggs’ sales had shot up by nearly a fifth compared with the same time in 2022, as its offering of sausage rolls and pasties remained “compelling” to customers during the cost-of-living crisis. In the spring of this year, the country-wide chain of bakeries also revealed that hot…
Read More » -
Jul- 2023 -7 JulyRestaurants
Five Guys expands delivery service with UberEats partnership
American burger and fries chain, Five Guys has expanded its delivery channel and is now available to order via the UberEats app across the UK. UberEats customers will have access to over 250,000 burger combinations with Five Guys’ signature unlimited toppings offer, allowing users to create their own burger. UberEats…
Read More » -
Jun- 2023 -27 JuneRestaurants
Chef-owner Sam Elliott to open Prime by Pasture in Bristol
Chef-owner Sam Elliott has announced plans to launch Prime by Pasture in the Redcliffe Quarter in Bristol. Work is progressing on the new restaurant-retail destination which is owned and operated by the same team behind the Pasture Restaurants in Bristol and Cardiff. Consisting of a butchery, deli, cookery school and…
Read More » -
12 JuneNews
Nightcap acquires Dirty Martini for £4.65m
Late night bar operator Nightcap has announced the acquisition of Dirty Martini cocktail bar chain and its restaurant Tuttons in Covent Garden for £4.65m. Dirty Martini experienced tough trading conditions over the last year, in line with the hospitality industry in general, including the negative consequences of train strikes, the…
Read More » -
12 JuneRestaurants
Tiger Yard food court opens in Cardiff Bay
Tiger Yard, a brand new outdoor food court, has opened its doors in Cardiff Bay this summer. After months of work, Tiger Yard has transformed the former Dr Who Experience in Cardiff Bay into an outdoor food court, featuring six permanent shipping container kitchens and two purpose-built bars. The new…
Read More » -
May- 2023 -23 MayRestaurants
Rare Restaurants posts £73.5m turnover
Rare Restaurants has posted a turnover of £73.5m for the year ended 1 January 2023, as part of record breaking results for the company. This turnover was up 38% compared with the same period in 2022 and up 29% compared with 2019. The group also posted an EBITDA before pre-opening…
Read More » -
16 MayNews
Greggs sales rise 17% to £609m in Q1
British bakery chain Greggs has reported 17.1% like-for-like sales growth during Q1 of 2023. Total sales in the 19 weeks to 13 May 2023 were £609m, compared to £495m for the same period last year. The group said this year’s quarter results performed better than the same period last year,…
Read More »
