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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Oct- 2024 -28 OctoberNews
Rare Restaurants CEO steps down
Rare Restaurants, owner of Gaucho and M Restaurants, has announced that Martin Williams has stepped down from his role as CEO. Williams, who has left the company to focus on his next “personal chapter”, has been CEO of the group for six years. He spent a total of 15 years…
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28 OctoberFood and Drink
Weekly drinks sales drop 5% amid tough comparatives
Average drinks sales in managed venues in the week ended 12 October were 5% down on the same period last year, according to data from CGA. October 2023 benefited from warm weather across most of the country and the closing stages of the Rugby World Cup. The latest numbers continue…
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28 OctoberFood and Drink
Tortilla and SSP expand franchise partnership
Tortilla has announced a “significant” expansion of its partnership with global food travel group SSP today (28 October), which will see it grow its presence across UK travel hubs. The new five-year agreement will see Tortilla’s presence in SSP-operated locations triple in size in the UK, from six to 18…
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25 OctoberAnalysis
The Revel Collective’s journey through four rebrands
The Revel Collective has only recently announced this latest reinvention. But this is not the first time it has happened. Tracing its inception back to 1991 in Greater Manchester, the group we know today has gone by – in chronological order – Inventive Leisure, The New Inventive Bar Group, Revolution…
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25 OctoberPubs and Bars
Punch Pubs FY operating profits rise 43.6% to £48.4m
Punch Pubs has reported a 43.6% uplift in operating profits from £33.7m to £48.4m for the year ended 11 August, following a successful acquisition strategy. During the year, the group acquired 36 pubs at a total cost of £25.2m, which was funded from available cash resources and drawing on the…
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25 OctoberNews
Beds and Bars appoints new CEO following MD departure
Beds and Bars Ltd, the operator of backpacker hostels, bars and pubs across Europe, has announced Luke Knowles as the new CEO following the retirement of Murray Roberts as managing director. Roberts has spent nearly three decades with the group, the last 10 as managing director. His journey with the…
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24 OctoberNews-In-Brief
Today’s news in brief – 24/10/24
Hospitality groups recorded a YoY sales rise of 1.7% in September, meaning that managed venues have achieved like-for-like increases in eight of the nine months to September 2024. While this is a welcome improvement, it is a sign of the continuing challenges to real-term growth, as the sector enters the…
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24 OctoberFood and Drink
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. This means that managed venues have achieved like-for-like increases in eight of the nine months to September 2024. Following recent below-inflation growth of 1.5% in July and 1.3% in August,…
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23 OctoberNews-In-Brief
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 sales falling 7% during the period. In light of this, newly-appointed CEO Brian Niccol said “it’s clear we need to fundamentally change our recent strategy”. The group’s Q4 performance was…
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23 OctoberCafes and Coffee Shops
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 the fourth quarter due to global sales falling 7% during the period. In light of the group’s recent performance, newly-appointed CEO Brian Niccol has said “it’s clear we need to fundamentally…
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