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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Jul- 2018 -6 JulyBusiness
Carluccio’s reports £27.7m pre-tax loss for 2017
Italian restaurant chain Carluccio’s has reported a pre-tax loss of £27.7m for the year ending 24 September 2017. Describing 2017 as a “challenging trading year”, the company attributed its decline in profits to increasing competition and costs. Turnover also declined by 2% to £138.2m. The chain’s EBITDA fell to £6.5m…
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5 JulyBusiness
Carluccio’s gets £10m cash injection to ‘revitalise’ 60 restaurants
Carluccio’s has announced it will receive £10m of new funding from majority shareholder Landmark Group to “revitalise” 60 restaurants. Funding will also go towards refreshing brand standards and on-going food development. The investment, which will go towards refreshing brand standards and on-going food development, comes after a 28-day ‘challenge’ period…
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5 JulyAdvice
Don’t lose your head; surviving supply shortages
It’s not often that brands are faced with supply shortages, but this summer is already a one-off. Hot weather and the build-up to the World Cup lifted demand for food and beer just as carbon dioxide gas ran into short supply, providing a perfect storm for pubs and food retailers.…
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4 JulyOpinion
Coffee shops – how to keep your customers cool this summer
The economic pressures on cafes and coffee shops are well known; everyone is looking to refine or build their product offering to maximise footfall, and ultimately revenue – it can be hot, tiring work, and with the summer weather now well and truly upon us, why are so many operators…
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2 JulyBusiness
Millennials account for 30% of hotel and restaurant revenue
Hoteliers and restaurateurs estimate that a third of their annual revenue now comes from the millennial generation, according to new research. In a report, ‘Finding the balance: human touch vs high tech’, international law firm CMS showed millennials – people who reached adulthood in the early 21st Century – were…
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Jun- 2018 -29 JuneFeatures
The rise of the delivery-only kitchen
In today’s increasingly competitive restaurant market, delivery presents potential for growth. The lure of increased brand awareness and extended the customer base, while utilising surplus kitchen capacity, logically translates into opportunity to drive sales. As delivery becomes an expected part of the offer, operators need to understand how to effectively bring…
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28 JunePubs and Bars
Greene King sees profits fall by £243m
Pub group Greene King has seen an 11.2% drop, equivalent to £243m, in its adjusted profits before tax for the 52 weeks to 29 April 2018. The group also saw its revenue fall by 1.8% as it admitted it was experiencing a “challenging trading environment”. Like-for-like sales at the group…
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18 JuneOpinion
Trust in yourself
“It was never meant to be more than one…” That was the thought I had when I first started in the fish and chip trade in 1980. At school back in Huddersfield, my only dream was to have my name plastered across the streets on signs and in lights but,…
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May- 2018 -17 MayRestaurants
Gordon Ramsay’s flagship Maze to close following £3.8m loss
Gordon Ramsay’s flagship Maze restaurant in Mayfair is set to close after reporting a £3.8m pre-tax loss for the year ending August 2017. Kavalake, the holding company for the firm, will close the flagship outlet in January next year while it plans to open five new restaurant concepts overseas, including…
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17 MayPubs and Bars
Pubs need government support amid betting stake cut, says UKHospitality
Trade association UKHospitality has called on the government to offer pubs support as it announced it was cutting the maximum stake for fixed-odds betting from £100 to £2 in a bid to tackle gambling addiction. Saying that Category C and D gaming machines were a “vital revenue stream for many…
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