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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Oct- 2018 -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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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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