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.
-
Jul- 2020 -9 JulyCoronavirus
Industry reacts to Sunak’s summer statement
The hospitality sector has widely welcomed the series of measures announced by the chancellor in his “summer statement” yesterday, with UKHospitality saying it is “reassuring” that he singled out hospitality and tourism as a “vital part” of the UK’s economy. Yesterday (8 July), along with a £9bn retention scheme that…
Read More » -
9 JulyCoronavirus
Burger King warns it may shut 10% of sites
Burger King UK has warned it may be forced to permanently close up to 10% of its restaurants. Speaking to the BBC, CEO Alasdair Murdoch said these closures could also lead to more than 1,600 job losses across its estate. He warned that government schemes “do not do enough” to…
Read More » -
6 JulyCoronavirus
Pret set to slash 1,000 jobs and shutter 30 stores
Pret a Manger is reportedly set to slash almost 1,000 staff roles and shutter 30 of its 450 UK stores amid spiralling sales. According to a report by the Financial Times, Pret’s CEO, Pano Christou, said today (6 July) that the chain is facing a “significant restructuring of the business”,…
Read More » -
6 JulyCoronavirus
Hospitality sector calls for business investment package
Industry leaders in hospitality have urged the government to commit to an “ambitious” programme of business support and investment to stimulate the revival of the sector as restrictions begin to ease. In a letter signed by 120 hospitality leaders, the government has been called on to “act decisively” for a…
Read More » -
2 JulyNews
Mitchells and Butlers swings to £121m loss
Mitchells and Butlers sales fell by 12.4% to £1.04bn in the half-year ended 11 April, while adjusted operating profit was £108m, down from £151m the year prior. In light of the pandemic and consequent lockdown, the group fell to a pre-tax loss of £121m. The group also made an operating…
Read More » -
1 JulyBusiness
Upper Crust owner SSP set to cut 5,000 jobs amid dwindling demand
Some 5,000 jobs at Upper Crust owner SSP could be axed as the company faces dwindling demand due to the Covid-19 pandemic. SSP said the impact on passenger travel arising from Covid-19 resulted in the closure of almost all of its units in the UK. It added that its intention…
Read More » -
Jun- 2020 -30 JuneCoronavirus
Revised ONS data reveals greater GDP drop in Q1 2020
The UK’s gross domestic product (GDP) in volume terms fell by 2.2% in Q1 2020, which has been revised downwards by 0.2 percentage points from the Office for National Statisitic’s (ONS) first quarterly estimate. The ONS said it is the largest fall in UK GDP since Q3 1979, when it…
Read More » -
26 JuneNews
Marston’s profits plunge as Covid-19 leads to £40m sales hit
Marston’s has said it remains “uncertain” about its short-term financial outlook, after its profits took a £40m hit following lockdown. Its latest update comes ahead of the reopening of its estate on 4 July. The brewer and operator revealed that its underlying profit before tax was £9.4m in the half-year…
Read More » -
25 JuneCafes and Coffee Shops
Pret a Manger to pay just 30% of rent payments next quarter
Pret a Manger will pay only 30% of its rent over the next quarter after it warned it does not have “sufficient funds” to pay the bill in full. In a letter to landlords seen by the Evening Standard, chief executive Pano Christou warned landlords that the chain was in…
Read More » -
25 JuneBeverages
SIBA warns further support for small brewers still needed
The Society of Independent Brewers (SIBA) has warned that pubs reopening is just the first step on the road to recovery for the beer industry, with further support for small brewers still needed to “keep beer flowing”. Earlier this week, the PM said the existing guidance on two metres’ social…
Read More »
