Market Halls

The future of food halls: why Kerb is appealing to indie street food traders

The traders at Kerb made more than £32m last year. That’s 37% higher than 2023. In just two years, their collective revenue has nearly doubled. For a group once seen as just an ensemble of scrappy street food vendors, the numbers tell a different story now. Kerb is not alone.…

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Today’s news in brief – 31/03/25

Kerb has seen its trader revenues rise by 37% to over £32m in 2024, up from £23.5m a year prior. This marks an 89% increase since 2022 when it first generated £17m in revenues for its food stalls. Kerb’s flagship food hall, Seven Dials Market, has welcomed on average 30,000…

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Market Halls acquires Shelter Hall in Brighton

Market Halls has announced its acquisition of Shelter Hall, Brighton’s seafront food hall, in a multi-million pound deal with Sessions – marking a milestone in its expansion beyond London.  The Shelter Hall deal makes it Market Halls’ fifth site and its first venture outside of London.  For Sessions, this sale…

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What’s behind increased hospitality churn?

In recent years the prevailing narrative in the hospitality industry has been that venues are closing at an alarming rate. Data from CGA revealed that 27,951 hospitality venues closed their doors between March 2020 and September 2024 at a rate of 119 per week. However, what gets lost in this…

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Today’s news in brief – 12/02/25

Northern hospitality has outperformed its southern counterparts in 2024, according to the latest data from NRB and CGA by NielsenIQ, as the north of England recorded a modest growth of 0.1% in licensed venues while the south experienced a slight decrease of -0.2%. Northern cities have outperformed in both site…

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Market Halls Paddington to open in March

Market Halls has announced that it is set to launch its latest venture in Paddington on 3 March 2025. Spanning 11,000 square feet, Market Halls Paddington will feature eight food traders, two bars, an outdoor terrace, and communal seating for up to 355 guests inside and 130 outside. Ahead of…

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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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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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Today’s news in brief – 19/01/24

Restaurants, pubs and bars saw sales rise 8.8% over the latest Christmas period compared with data from 2022, according to the latest CGA RSM Hospitality Business Tracker. The tracker also revealed that like-for-like sales grew 9.6% for pubs in December, while restaurants enjoyed an 8.3% upswing. Meanwhile, bars bounced back…

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Market Halls reports record festive period

Market Halls has revealed that its like-for-like sales were up 55% in December, a record for the company in the festive period. The company stated that sales were boosted by large corporate bookings, a high-profile appearance on BBC’s MasterChef: The Professionals and an extensive Christmas campaign. The campaign offered a…

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