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.
-
Oct- 2023 -27 OctoberNews
Today’s news in brief – 27/10/23
Punch Pubs reported total revenues of £313.5m for FY23, up from £284.4m in FY22. Management Partnership division’s revenues also increased by 24% to £139.8m over 52 weeks. All three divisions, including leased and tenanted, management partnership, and Laine, achieved like-for-like sales growth. EBITDA for the period was £79.1m, a decrease…
Read More » -
27 OctoberPubs and Bars
Star Pubs and Bars opens The Unicorn in Cardiff
Star Pubs and Bars has launched The Unicorn pub in Cardiff following a £1.4m upgrade. The pub group stated that with the new opening, it has completed its “biggest single investment” in the UK this year. Closed for five years, the pub has been transformed into a Just Add Talent…
Read More » -
17 OctoberRestaurants
Six by Nico to open 13th location in Birmingham
The six-course dining experience, Six by Nico, will be opening in Birmingham at 81 Colmore Row on 30 November – its 13th location across the UK and Ireland. The venue will accommodate approximately 72 guests, and will create 60 new jobs for the area. Founded by chef Nico Simeone, Six…
Read More » -
Sep- 2023 -26 SeptemberNews
Today’s news in brief – 26/09/23
Brighton Pier Group reported a decrease in total revenues, falling from £17.3m to £16.2m in H1, primarily due to declining sales in its bar division. Ongoing inflationary pressures impacted operating margins, resulting in lower earnings compared to the previous year. EBITDA dropped from £3m to £1.4m, with a loss before…
Read More » -
26 SeptemberRestaurants
Pasture Restaurants to open Birmingham site in 2024
Pasture Restaurant Group has announced the launch of its Birmingham site in early Spring 2024. Pasture is known for its fire-based cooking and local ingredients; in-house butchers handpick and prepare meat from selected farms raising grass fed cattle. Pasture Birmingham will occupy 6,500 sq ft across one floor of a…
Read More » -
22 SeptemberPubs and Bars
JD Wetherspoon puts new pubs up for sale
JD Wetherspoon has confirmed that it has put a further 11 pubs across England and Wales up for sale. CBRE and Savills have both been appointed to oversee the sales of the pubs which are mainly freehold properties with one leasehold property. The company has confirmed that all the pubs…
Read More » -
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 »
