Revenue
Our coverage brings together critical reporting on revenue performance across the UK hospitality and foodservice sector. We cover everything from operator trading updates and income breakdowns to revenue drivers like pricing, footfall, menu engineering, and channel diversification. Whether you’re a multi-site pub group tracking seasonal income, a restaurant CFO analysing unit economics, or a catering firm monitoring year-on-year growth, our coverage offers sharp insights into how businesses are generating, and protecting, revenue in today’s market. Expect detailed financial reporting with practical relevance for commercial foodservice leaders.
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Dec- 2019 -2 DecemberRestaurants
Delivery platforms boost restaurant revenues in London, study suggests
A new report by Deloitte, issued by UberEats, has found that third-party platforms are helping restaurants sell an extra 1.6 million meals a week in London, Madrid, Paris and Warsaw, boosting the sector’s revenue. According to the report, new technology is helping restaurants respond to shifts in consumer preferences, better…
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Nov- 2019 -27 NovemberBreweries and Distilleries
Marston’s profits drop by £3m
Marston’s has reported a £3m drop in profit, despite a rise in revenue for this financial year. In the year ending 28 September, underlying pre-tax profit fell to £101m, down £3m from £104m the previous year. The group also reported a pre-tax profit loss of £20m, compared to the £54.3m…
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21 NovemberPubs and Bars
Mitchells and Butlers celebrates ‘strong year of trade’
Mitchells and Butlers has announced a “strong year” of trading and profit growth in its latest full-year report. The pub and restaurant group’s like-for-like sales increased by 3.5%, despite “challenging market conditions” facing the industry. Operating profits leapt to £317m, up £14m from last year’s results of £303m. Meanwhile, pre-tax…
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11 NovemberCatering Companies
Deliveroo launches new ‘Pickup’ service for customers
Deliveroo has launched a new click and collect service for its customers named ‘Pickup’. Deliveroo said Pickup aims to help people save “time and money” as they won’t have to wait in a queue for their order to be prepared or pay a delivery fee. It added that this will…
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7 NovemberRestaurants
Pizza Express owner to inject £80m into business
The Chinese owner of embattled restaurant chain Pizza Express is to inject £80m into the business, as it aims to pay off its vast amount of debt. Hony Capital, which acquired Pizza Express in 2014, said the money will be used to pay down some of its debt to bondholders.…
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Oct- 2019 -24 OctoberComment
Pizza Express: how to keep pizza on the menu and on the High Street
Recent news that Pizza Express, is engaging in ‘debt talks’ has sparked fears that it could be the next company to disappear from the high street. Will it be possible to turn the company’s fortunes around? In a sector as fast-moving as the UK restaurant industry, even small changes can…
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23 OctoberBusiness
Just Eat revenues jump 25% in Q3 results
Just Eat has reported a 25% increase in revenues to £248m in the three months to 30 September 2019. Its UK orders increased by 8% to 33 million, driven by rapid growth in its delivery proposition, which is now present in all key zones. Group orders also increased by 16%…
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Sep- 2019 -13 SeptemberPubs and Bars
JD Wetherspoon sees revenues jump 7.4% in 2018
Pub owners and operator JD Wetherspoon has reports a 7.4% rise in revenue to £1.8bn for year up to 28 July 2019. On top of the revenue increase, like-for-like sales for the period also rose by 6.8%, bar sales were up by 5.8% and food sales also increased by 8.3%.…
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11 SeptemberPeople
108 Brasserie & Bar appoints Emre Gunes as general manager
108 Marylebone Lane has appointed Emre Gunes as general manager at 108 Brasserie and 108 Bar. Bringing with him over 15 years’ experience in the hospitality industry, Gunes has a wealth of experience across a range of high-end restaurants in the capital. He will be joining 108 Marylebone Lane from…
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11 SeptemberBusiness
Closures hit ‘record’ levels in the first half of 2019
The number of stores closing down in the first six months of the year has reached its highest levels, with 2868 closures recorded for the period. An average of 16 stores a day shut their doors, according to research by the Local Data Company (LDC) and accounting firm PwC. The…
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