Sales

Hospitality groups see sales rise 1.7% in September

British hospitality groups recorded a year-on-year sales rise of 1.7% in September, according to CGA RSM’s latest Hospitality Business Tracker. …

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Today’s news in brief – 23/10/24

Starbucks has suspended its FY guidance for 2025 after Q4 revenues dipped 3% to $9.1bn, as a result of global…

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Starbucks suspends FY guidance as Q4 revenues fall 3% to $9.1bn

Starbucks has decided to suspend its financial guidance for 2025, as consolidated net revenues dipped 3% to $9.1bn (£7bn) during…

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Today’s news in brief – 22/10/24

The Revel Collective has seen its FY losses before tax widen to £36.7m. The group said that the result was…

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The Revel Collective FY losses widen to £36.7m

The Revel Collective, former Revolution Bars Group, has seen its loss before tax widen to £36.7m in its preliminary results…

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Top 100 restaurant groups see profits dip to £244.1m in 2024

The UK’s top 100 restaurant groups have seen their profits dip from £246.5m in 2023 to £244.1m in 2024, new…

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Today’s news in brief – 18/10/24

Over 1,200 pubs will likely be closed this year, new data from CAMRA shows, compared to around 1,000 in 2023…

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GDK bolsters leadership team ahead of 150th UK store opening

German Doner Kebab has announced the appointment of Tommy Edmong as its new CFO and Amit Pancholi as UK franchise…

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Today’s news in brief – 17/10/24

Deliveroo’s GTV rose 6% to £1.7bn in Q3 as the company maintains its full year guidance. Total orders increased 2%,…

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Whitbread to offload 51 F&B sites for £56m

Whitbread has accepted offers on 51 F&B locations for £56m, as part of the hotel operator’s plans to exit a…

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