Manchester
Coverage highlights foodservice and hospitality developments across Manchester, with a focus on high-activity areas such as the Northern Quarter, Ancoats, Spinningfields, and Deansgate. Reporting includes restaurant and bar openings, independent brand growth, investment trends, and evolving footfall dynamics. Insight is tailored for operators tracking urban trading patterns, premium casual formats, and consumer behaviour in one of the UK’s most competitive city markets.
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Jun- 2024 -24 JuneNews
Today’s news in brief – 24/06/24
Stonegate revenues hit £916m in H1 ended 7 April, as its leased and tenanted estate demonstrated “consistent” growth with like-for-like sales rising 6.2% on the equivalent period in the prior year. EBITDA margin in H1 was up 1.3% to 21.3%, highlighting the “positive impact” of Stonegate’s performance improvement and efficiency…
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24 JunePubs and Bars
Red Engine opens Electric Shuffle Manchester
Red Engine has opened the doors to its latest Electric Shuffle venue in Manchester’s Deansgate. Electric Shuffle Manchester is the second bar from Red Engine to hit the city, following the opening of Flight Club back in 2018. The latest launch from Red Engine creates 75 new job opportunities in…
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24 JuneFood and Drink
Market Halls FY revenues jump 155% to £22m
Food hall operator Market Halls has reported a “remarkable” 155% rise in revenues to £22m in the 12-month period to July 2023, which will set the stage for its plans to open more food halls across the country. At the same time, the Gees Court-backed company has secured a prime…
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21 JuneTrade Associations
NTIA urges new govt to appoint night time economy minister
The NTIA has called on the incoming government to appoint a night time economy (NTE) minister to “safeguard the future of nightlife”. This comes as the night time economy is struggling to meet global standards, the trade body has said, due to a lack of dedicated representation and leadership. While…
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3 JunePubs and Bars
Stockport pub reopens after 10 years
The White Lion pub in Stockport, the town’s oldest pub dating back to the 15th Century, is set to reopen after being vacant for 10 years. The Grade II listed building was acquired by Stockport Council as part of the £7m investment into the regeneration of the Market Place and…
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Apr- 2024 -24 AprilRestaurants
Tortilla revenues rise 14% to £65.7m in FY23
Tortilla has reported that revenues rose by 14% to £65.7m in the year to 31 December 2023, as it built on the momentum from the previous year’s record. Like-for-like revenues also grew 3.6% during the period, equivalent to 4.9% when adjusted for the Q1 VAT benefit from 2022. Meanwhile, adjusted…
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22 AprilPubs and Bars
Red Engine to open fourth UK Electric Shuffle in Manchester
Red Engine has announced that it will open its fourth Electric Shuffle venue in the UK in Manchester on 21 June. Located on Deansgate, this new venue is the second outside of London and the second Red Engine brand to reach Manchester after the opening of Flight Club in 2018.…
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12 AprilRestaurants
Six By Nico announces Oxford opening
Restaurant group Six by Nico has announced it will be opening a new restaurant in Westgate Oxford on Wednesday 22 May, which will be its fifteenth restaurant across the UK. Founded by chef Nico Simeone, Six by Nico is known for its six-course tasting menu that changes every six weeks,…
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9 AprilPubs and Bars
Red Engine secures £60M facility to drive global expansion
Red Engine has announced today that it has secured a new £60m facility from Santander, HSBC and Barclays. The company behind Flight Club Darts and Electric Shuffle has revealed that it plans to use this capital for a global expansion drive. Red Engine will open Electric Shuffle Manchester and New…
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8 AprilPubs and Bars
Strong St Patrick’s Day tips drinks sales into growth
Average drinks sales in the UK’s managed venues for the week ended 23 March were up 1% compared with the same period last year. It follows a 1% increase over the previous week, and 5% growth in the seven days before that. Pubs and bars took advantage of St Patrick’s…
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