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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May- 2022 -26 MayRestaurants
Fridays owner set to double estate despite profit warning
Hostmore is set to expand its portfolio with the addition of three new sites in FY22, as it outlined its ambition to almost double its site locations from the current 89 over the medium term, subject to an improved trading environment. The owner of Fridays and 63rd+1st said this growth…
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26 MayRestaurants
The IG Group profits quadruple after Covid recovery
The IG Group, which supplies hospitality outlets nationwide with crockery, cutlery and glassware, has reported that its pre-tax profits increased from £232,110 to £1m. During the difficult trading period through Covid up to year ending July 2021, Innerglass Limited -IG Group’s parent company – also saw a slight sales dip…
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25 MayPubs and Bars
Food and drink sales in major cities return to growth
Restaurants, pubs and bars in Britain’s major city centres are achieving solid growth in sales from pre-Covid levels, according to new research from CGA and Wireless Social shows. The joint ‘Top Cities’ report combines CGA’s sales data with device log-in data from Wireless Social, to provide a ‘vibrancy’ ranking of…
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24 MayBusiness
SSP revenues surge 212.9% as travel rebounds
The SSP Group has reported its revenues surged 212.9% year-on-year to £803.2m for the six month period ended 31 March 2022 (H2), recovering “strongly” with 64% growth compared to pre-Covid levels as the travel sector rebounds. SSP operates brands such as Upper Crust and Ritazza, as well as franchises for…
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23 MayPubs and Bars
Drinks sales continue to rise for fourth week in a row
A warm Saturday helped Britain’s On Premise to end the week’s drinks sales just ahead of pre-COVID-19 comparatives, according to CGA’s latest Drinks Recovery Tracker. Average sales by value in managed pubs, bars and restaurants in the seven days to (14 May) were 1% up on the same week three…
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20 MayNews
UKH calls for online sales tax
In its response to the government’s consultation on the introduction of an online sales tax, UKHospitality has called for consideration to be given to property-based industries such as hospitality. The trade body’s submission has also called for such a tax to be ear-marked to provide a “targeted reduction to business…
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19 MayPubs and Bars
Pubs expect to see £105m boost during Jubillee weekend
Pubs and brewers are preparing for an estimated 90 million pints expected to be sold resulting in a £105m boost for the trade during the platinum jubilee weekend, according to British Beer and Pub Association (BBPA). With opening hours extended until 1am across the Jubilee weekend and an extra day…
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19 MayPubs and Bars
Young’s swings to profit in FY22
Young and Co (Young’s) has returned to profitability as its pre-tax profits hit £42.1m in the 52 weeks ended 28 March 2022, up from a loss of £44.5m last year, despite varying levels of Covid restrictions. Operating profits were also £51.7m, growing year-on-year from a loss of £34.5m. Additionally, total…
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18 MayPubs and Bars
Marstons returns to profitability as sales hit pre-pandemic levels
Marstons has returned to profitability as its pub operating profit surged to £39.9m in the 26 weeks ending 2 April 2022 (H1 FY22), up from a loss of £57.2m in H1 FY21. Pre-tax profits are also up from a loss of £105.5m last year to £25.6m, and total revenues are…
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18 MayPubs and Bars
Inflation hits 40-year high
UK inflation has hit its highest level in 40 years during the month of April, driven by the rising cost of energy bills. The figure, according to the latest figures from the Office of National Statistics (ONS), was up from 7% in March. The ONS said that around 75% of…
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