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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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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11 SeptemberBusiness
Number of licensed F&B businesses drops by 3000 in a year
Britain has 3,116 fewer restaurants, pubs, bars and other licensed premises than 12 months ago, according to the latest Market Growth Monitor, from CGA and AlixPartners. The report showed there were 119,800 licensed sites across the country in June 2018 – a fall of 2.5% since June 2017. On average,…
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7 SeptemberPeople
Jackie Marlow named as new UKHospitality chief operating officer
Trade association UKHospitality has appointed Jackie Marlow as its new chief operating officer. Marlow joins UKHospitality from ISBA, the voice of British advertisers, where she has 30 years of experience and will formally take up the position on Monday 10 September. Marlow said: “In under a year, UKHospitality has established…
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Aug- 2018 -31 AugustRestaurants
Frankie and Benny’s owner The Restaurant Group reports drop in sales
The Restaurant Group, owner of American chain Frankie and Benny’s, has reported a number of losses in its half year financial results. Its EBITDA suffered a decline of 14%, down to £38.1m from last year’s £44.3m. Its like-for-like sales fell by 3.7% for the 26-week period, while total revenue fell…
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29 AugustBusiness
Hakkasan pays outgoing boss $50m golden goodbye sending it to $145m loss
Struggling restaurant and nightclub operator Hakkasan gave former boss Neil Moffitt a $50m (£39m) payout last year, despite deepening financial woes. The payout came following a difficult year for the company which saw losses of $145m in the 12 months to June 2017, the equivalent of half its annual turnover.…
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22 AugustFeatures
Get your daily fix: the latest coffee trends
Figures revealed earlier this year by the British Coffee Association show that Brits are drinking a staggering 95 million cups of coffee a day. This is an increase of 25 million from a decade ago, when the figure was 70 million each day. To help operators capitalise on this growing…
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3 AugustPubs and Bars
Pubs see ‘320% increase in online engagement’ during World Cup
British pubs saw a 320% increase in online engagement during the World Cup, suggesting that consumers opted to go to the pub instead of staying at home during the event. The research by digital management platform Yext, measured the online behaviours of UK-based pub goers throughout the FIFA World Cup…
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2 AugustFeatures
Cutting a bigger slice of cake: growth in the catering industry
The catering industry is thriving in the UK. According to data from IBISWorld – a specialist in business information and market research – revenue for the catering services market sits at £1bn and it has experienced an annual growth of 1% since 2013, with a current workforce of approximately 28,600.…
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Jul- 2018 -27 JulyBusiness
Chipotle releases financial results, beating analysts’ predictions
Mexican chain Chipotle has announced its figures for the second quarter ending 30 June, with expert’s predictions beaten on sales. Sales at the chain’s restaurants which were open for at least 13 months in the second quarter, saw a rise of 3.3%, a significant improvement on analyst predictions of around…
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24 JulyAdvice
Creating a print direct mail campaign for the hospitality and catering industry
Marketing in a sector like hospitality and catering is essential when competition is so fierce. But, how can you ensure you do this in an effective and efficient manner that doesn’t deplete your budget? This guide to direct mail marketing for entrepreneurs in the hospitality and catering sector is designed…
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