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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Nov- 2018 -12 NovemberBusiness
Restaurant Group plans rights issue to fund Wagamama purchase
The Restaurant Group (TRG) has announced it is a offer a discounted rights issue in order to fund its purchase of Wagamama. As many as 290 million new shares are set to be issued in a ‘13 for nine’ rights issue priced at 108.5p. Current shareholders and analysts have already…
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9 NovemberAdvice
How to use your restaurant patio to increase revenue
If your restaurant, café or bar has an outside seating area, patio or garden, good for you – but are you making the most of the extra floor space? Outdoor areas are often treated as a bit of an afterthought but is it really enough to just put out some…
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Oct- 2018 -29 OctoberBusiness
Autumn Budget 2018: Business rates cut for SMEs and new digital services tax
Chancellor Philip Hammond has confirmed plans to give smaller retailers a 33% cut to business rates and introduced a new digital services tax for companies with at least £500m in global revenue. The reduction in rates will take place over the next two years and is expected to save businesses…
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26 OctoberBeverages
C&C Group settles Matthew Clark and Bibendum £160m debt
C&C Group, the drinks company which bought Matthew Clark and Bibendum out of administration, has paid off £160m of the drinks distributor’s debt. C&C Group acquired the company in April after its former parent company Conviviality issued a profit warning following the discovery of a £30m unpaid tax bill. In…
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12 OctoberBusiness
Patisserie Valerie saved from collapse with £20m rescue plan
Crisis-hit cafe chain Patisserie Valerie has been saved from collapse after entrepreneur Luke Johnson offered the company a rescue plan with two loans of up to £20m. Johnson, who owns a 37% stake in the company, has committed to a bridging loan of up to £10m to help the company…
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11 OctoberBeverages
Wine and spirit sales in UK pubs reach almost £6bn
New research has found that wine and spirit sales in UK pubs has reached almost £6bn with the beverages making up 36% of all Uk pub sales. The research by CGA Strategy on the behalf of the Wine and Spirit Trade association also found that spirits and wine made up…
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9 OctoberFeatures
What’s the big deal with gin?
I love gin. Not to the extent that I have a drink problem, just that it’s my drink of choice when I do fancy a tipple. The virtues of gin are frequently the topic of conversation between myself and a good friend who can’t stand the stuff (we have a…
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9 OctoberBeverages
Global Brands posts second year of on-trade growth for flagship brand VK
Independent drinks company Global Brands said it was “bucking industry trends” as it reported a second consecutive year of on-trade growth for its flagship ready to drink (RTD) brand VK. According to CGA data, on-trade value sales of VK have increased by 16% since 2016, while volumes have grown 12%…
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8 OctoberBusiness
Karaoke has positive influence on bar sales, study shows
Karaoke has a “significant positive influence” in attracting people to restaurants and bars, encouraging them to stay longer and resulting in increased sales, a study by Aalto University has revealed. Singa, Helsinki-based entertainment software specialists, collaborated with the university to conduct the research into the power of karaoke which has…
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Sep- 2018 -14 SeptemberBusiness
JD Wetherspoon posts 5% sales growth
Pub group JD Wetherspoon has posted a modest like-for-like sales growth of 5% for the year ending 29 July 2018. The discount pub chain’s revenue increased to £1.69bn from £1.66bn when compared with the previous year. The company’s profit before tax rose to £89m from £76.4m in 2017 and it…
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