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.
-
Nov- 2019 -12 NovemberPubs and Bars
Pub and bar company insolvencies see sharp increase in 2019
The number of insolvencies of pub and bar companies has jumped by 13% to 530 in the year to 30 September, up from 470 the previous year, according to UHY Hacker Young. It is the third successive year in which pub company insolvencies have increased, which the firm said is…
Read More » -
12 NovemberFood and Drink
Greggs raises profit forecast as sales jump 12.4%
Bakery chain Greggs has upped its profit forecast for 2019 after it reported “very strong trading” as its total sales jumped 12.4% in the six weeks to 9 November. On a like-for-like basis, sales in the company’s managed shops also increased by 8.3%, up from 4% when compared with the…
Read More » -
11 NovemberPubs and Bars
Rugby World Cup fails to score more business for pubs and restaurants
Like-for-like sales across managed pubs and restaurants fell -0.6% throughout October, according to new figures from the Coffer Peach Business Tracker. Restaurants faced collective like-for-like falls of -0.7%, whilst pub sales saw a fall of -0.6% against the same month of last year. Wet-led pubs performed marginally better than their…
Read More » -
7 NovemberRestaurants
Pizza Express owner to inject £80m into business
The Chinese owner of embattled restaurant chain Pizza Express is to inject £80m into the business, as it aims to pay off its vast amount of debt. Hony Capital, which acquired Pizza Express in 2014, said the money will be used to pay down some of its debt to bondholders.…
Read More » -
Oct- 2019 -24 OctoberComment
Pizza Express: how to keep pizza on the menu and on the High Street
Recent news that Pizza Express, is engaging in ‘debt talks’ has sparked fears that it could be the next company to disappear from the high street. Will it be possible to turn the company’s fortunes around? In a sector as fast-moving as the UK restaurant industry, even small changes can…
Read More » -
22 OctoberEntrepreneurship
Pasta King acquired by Northern Ireland business entrepreneurs
Devon-based Pasta King, a provider of pasta meals to schools in the UK, has been acquired by two business entrepreneurs from Northern Ireland, Paul Allen and Michael Blaney. Established in 1994, Pasta King employs 55 staff at its headquarters in Newton Abbot, Devon, including a country wide network of field…
Read More » -
21 OctoberAnalysis
How emerging technology will reshape the professional kitchen
Fast forward 25 years from now. It’s 2044 and we have entered a new dawn when it comes to food and hospitality. What we eat and the way it is served has completely evolved – imagine, for example, getting all our daily nutrients and vitamins from a single pill or…
Read More » -
8 OctoberRestaurants
Fears over Pizza Express restaurants as debt talks emerge
Pizza Express has reportedly hired advisors to help its debt situation, sparking fears that it could be the next chain to collapse. According to Pizza Express’ latest annual report, the 470-store pizza chain restaurant finished last year with a £1.12bn debt after a pre-tax loss of £55m. The pizza chain’s…
Read More » -
3 OctoberFood and Drink
Deliveroo swings to £232m loss in 2018
Deliveroo has reported losses before tax of £232m for 2018, despite a 72% increase in sales to £467m during the year. Deliveroo said it invested “heavily” in new markets during the period, including Taiwan and Kuwait, adding the sales growth was largely due to the food delivery firm increasing the…
Read More » -
1 OctoberAdvice
Understanding restaurant CVAs and closures
As recently reported by Catering Today, the number of restaurant insolvencies has risen by 25% in the past 12 months. This news came within weeks of 23-site restaurant chain Abokado announcing it was entering into a Company Voluntary Arrangement (CVA) and follows a general trend of high-profile closures throughout the…
Read More »
