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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Dec- 2024 -3 DecemberNews
Deliverect Acquires Tabesto to Fuel In-Store Sales with Smart Kiosk Technology, Empower Omnichannel Success
Deliverect, a leading global food tech SaaS company, today announced the acquisition of Tabesto, the first all-in-one restaurant and fast-food ordering and payment kiosk. Now, restaurant owners and operators who trust Deliverect to manage and increase their online orders can also transform their in-store service experience with Tabesto’s smart ordering…
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3 DecemberCatering Companies
SSP Group revenues rise 17% to £3.4bn in FY24
Travel caterer SSP Group has reported that revenues rose 17% to £3.4bn in the year ended 30 September, as operating profits jumped by 32% to £206m within the range of its planning assumptions. The group has performed well in North America, the UK, and APAC and EEME, having benefited from…
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2 DecemberNews-In-Brief
Today’s news in brief – 02/12/24
Drinks sales in hospitality venues are “lagging” behind on tough comparatives to 2023. It comes as widespread chilly weather has pushed down sales throughout the week ended 23 November, with 17 November the only day with positive growth. Weekend sales also struggled, falling by 8% on 22 November, and by…
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2 DecemberNews
UK drinks sales fall 9% as Christmas nears
Drinks sales in Britain’s pubs, bars and restaurants are “lagging” as average sales in managed venues in the week ended 23 November were 9% down on the same week in 2023, CGA by NIQ’s Daily Drinks Tracker showed. Widespread chilly weather pushed down sales throughout the week, with 17 November…
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Nov- 2024 -29 NovemberPeople
Great Northern Hotel appoints new pastry chef at its Rails restaurant
Luxury Grade-II listed Great Northern Hotel in King’s Cross has appointed Albio Ziu as pastry chef for the hotel’s restaurant, Rails. Ziu joins Great Northern Hotel with over 10 years’ experience having worked in pastry at The Bloomsbury Hotel, Searcy’s Pall Mall and with Firmdale Hotels Group. Working alongside Rails’…
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28 NovemberNews
Loungers sold to US investment firm in £338m deal
Café, bar and restaurant chain Loungers is set to be sold for £338m to US investment firm Fortress Investment Group. Loungers, which operates the Lounge, Cosy Club and Brightside concepts, currently has 280 venues across the UK. Under the terms of the acquisition, Fortress has offered 310p for each Loungers…
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27 NovemberNews-In-Brief
Today’s news in brief – 27/11/24
Mitchells and Butlers total revenues hit £2.6bn in FY24, with like-for-like sales growing by 5.3%. This comes as the pub group has risen to a profit of £19m in its full-year results, up from a previous loss of £13m, following a strong trading performance. Post year-end, Mitchells and Butlers has…
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27 NovemberNews
Contract caterers’ sales jump 7% in Q3
Britain’s contract caterers’ sales grew 7% year-on-year in the third quarter of 2024, the latest Contract Catering Tracker from CGA by NIQ and Bidfood reported. The figure was slightly behind the rate of 10% in Q2 of this year, but sales over the last 12 months have increased 9%. It…
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27 NovemberPubs and Bars
Mitchells and Butlers swings to FY profit as sales hit £2.6bn
Mitchells and Butlers has risen to a profit of £19m in its full-year results, up from a previous loss of £13m, following a strong trading performance over the year. It comes as total revenues hit £2.6bn in the year ended 28 September, up from £2.5bn the prior year, with like-for-like…
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25 NovemberNews-In-Brief
Today’s news in brief – 25/11/24
Esquires Coffee is looking to double its UK branch network from 70 sites to 140-150 over the next three years. A recent growth push has seen the opening of 17 new outlets in areas across the UK. The brand is now aiming to open at least 10 new UK stores…
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