Sales

Eat Out to Help Out boost praised by operators

Restaurant and pub operators such as Nando’s, Oakman Inns and Hawksmoor, have praised the new Eat Out to Help Out…

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Franca Manca owner completes £2.25m equity raise

The owner of Franca Manca, Fulham Shore, has announced it completed a £2.25m equity raise and has also entered into…

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Yo Sushi eyes CVA

Yo Sushi has reportedly drafted in Deloitte in a bid to negotiate rent concessions with landlords and secure a potential…

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The impact of social distancing in restaurants in the UK

As many businesses are starting to recover from the economic impact of COVID-19, several health protocols are now strictly implemented…

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Hospitality sees ‘steady improvement’ as more sites reopen

Managed pub, bar and restaurant groups are beginning to see a “steady improvement” in sales, despite trading remaining “well below”…

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Fullers in ‘stronger position than many’ despite £10m hit

Fullers has welcomed a “transformational” year of trading, with revenue and other income from continuing operations up 3% to £333m…

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McDonald’s sales plunge 30% despite US resilience

McDonald’s has revealed that sales plunged by 30% to $3.76bn (£2.89bn) during the second quarter of the year. As a…

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Starbucks sales slump amid Covid-19

Starbucks has announced that global comparable store sales plummeted 40% in the quarter ended 28 June, driven by a 51%…

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How to navigate the confusing ordering and payment app landscape

The hospitality industry has not always adopted technology as quickly as it might. After all, going to the pub is…

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Greggs swings to £65.2m HY loss

Greggs has reported a pre-tax loss of £65.2m during the 26 weeks to June 27, compared with a £36.7m profit…

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