Sales
This section brings together all our editorial coverage related to sales performance, revenue growth, and commercial strategy across the UK foodservice sector. From quarterly trading updates and like-for-like sales trends to group-level reporting and market analysis, we provide restaurant operators, pub groups, catering firms, and F&B executives with timely insights into what’s driving turnover, and what’s dragging it down. Whether you manage a single site or a national portfolio, our sales reporting is geared to help hospitality leaders benchmark performance, identify consumer trends, and shape strategies that drive sustainable growth in a volatile trading environment.
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Jul- 2022 -25 JulyRestaurants
91 M&A deals delivered in hospitality sector in last year
Some 91 merger and acquisition deals were delivered during the year up to June 30 2022 in the hospitality sector, of which 77% were completed by UK buyers, according to Shaw and Co. The corporate advisory firm has launched its second annual in-depth report into the Food and Drink sector.…
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22 JulyPubs and Bars
Mitchells & Butlers sales slow amid inflationary pressures
Mitchells and Butlers has reported that like-for-like sales have fallen 0.9% in the 42 weeks ended 16 July 2022 (Q3), compared to pre-Covid levels in 2019, dropping from a 3.8% growth in Q2. The company said inflationary cost pressures continue to present a “major” challenge to the business and to…
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20 JulyPubs and Bars
Hospitality sales rise 5% in June, but inflation ‘bites’
Britain’s managed restaurant, pub and bar groups saw like-for-like sales in June rise 5% above pre-Covid levels in June 2019, representing the “strongest” month of like-for-like growth since the start of 2022. However, according to CGA’s Tracker, produced in partnership with The Coffer Group and RSM UK, June’s figures are…
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20 JulyPubs and Bars
Shepherd Neame acquires Bournemouth bar Urban Reef
Shepherd Neame, an independent brewery and pub operator based in Faversham, has expanded its estate with the acquisition of Urban Reef, a bar and restaurant based in Bournemouth. Located next to the beach on Boscombe Promenade, Urban Reef opened in 2009 and is a two-storey venue comprising a bar, café,…
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18 JulyBeverages
Fever-Tree profits ‘worsened’ by cost of headwinds
Fever-Tree has revealed that it anticipates gross margins of around 37% and an EBITDA margin of around 14% for the first half due to the reported impact of logistics and cost of headwinds having “worsened” in recent months. The business expects this to continue to impact the business during the…
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18 JulyBusiness
Deliveroo lowers FY22 guidance amid consumer headwinds
Deliveroo has lowered its gross transaction value (GTV) guidance for FY22 from 15–25% to 4–12% due to a “more cautious” economic outlook and increased consumer headwinds. Meanwhile, the company continues to expect FY22 adjusted EBITDA margin to be in the range of -1.5 to -1.8%, an improvement against -2% in…
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15 JulyCafes and Coffee Shops
Krispy Kreme appoints president and managing director for UK and Ireland
Krispy Kreme has announced that it has appointed Jamie Dunning as its new president and managing director for the UK and Ireland. A former managing director and president at Mars Retail Group and sales director at Cadbury Schweppes, Dunning will take over from Richard Cheshire, who recently took the decision…
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14 JulyCatering Companies
SSP Group Q3 revenue hits 87% of pre-pandemic levels
SSP Group plc has seen its revenue continue to strengthen in Q3, with revenue at 89% of 2019 levels in the seven weeks since the group’s interim results on 24 May, and at 87% of 2019 levels in Q3 overall. According to the company’s recent performance and the current strength…
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14 JulyNews
Chopstix launches Canary Wharf flagship with ‘outstanding’ sales
Chopstix Noodle Bar has opened its new flagship in Canary Wharf which has seen an “outstanding” opening week of trading, having already established itself as one of the top five performing stores in the Chopstix estate. The Chopstix Canary Wharf opening represents a “significant statement of intent” from the QSR…
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13 JulyRestaurants
Loungers targets 30 new sites amid ‘record’ year
Restaurant and Bar group Loungers has revealed it is targeting 30 new sites this year after experiencing a “record” period of trading. For the 52-week period ended 17 April 2022, Loungers reported revenues of £237.2m, up from £78.3m the previous year. The group also revealed Adjusted EBITDA of £53.6m, up…
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