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 -22 OctoberNews-In-Brief
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 mainly due to non-cash exceptional impairment charges from its restructuring plan. Despite strong festive trading and the annualisation of the acquisition of Peach Pubs, the closure of 13 loss-making bars…
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22 OctoberNews
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 for the year ended on 29 June. The group said that the result was mainly due to non-cash exceptional impairment charges from its restructuring plan. Despite strong festive trading and…
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21 OctoberNews
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 research by UHY Hacker Young shows. UHY Hacker Young said that the slight dip in profits is a “creditable performance” considering the challenges the sector has faced from the cost-of-living…
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18 OctoberNews-In-Brief
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 and just over 800 in 2022. The “alarming” rate of licensee turnover in the pub trade comes as the crushing weight of unfair taxation and high operational costs leave businesses…
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18 OctoberPeople
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 development director, as the QSR chain prepares to open its 150th UK store in the coming months. Edmond joins the group with over a decade of financial leadership experience, having…
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17 OctoberNews-In-Brief
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%, while GTV per order was up 4% in constant currency and revenue increased 4% to £498m. In the UK&I, GTV growth reached £1bn, a 7% increase year-on-year, with order growth…
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17 OctoberRestaurants
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 total of 126 branded restaurants and convert a further 112 into 3,500 rooms with an integrated F&B offering. According to the group, it is currently working with its advisers and…
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14 OctoberBusiness
Revolution Bars officially rebrands to The Revel Collective
Revolution Bars has announced that its name has officially changed to ‘The Revel Collective’ from today (14 October), as the board decided that it would “better reflect the make-up of the group”. According to the group, its shareholders have been unaffected by the change of name and existing share certificates…
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10 OctoberNews-In-Brief
Today’s news in brief – 10/10/24
UKH has called for a consultation of the government’s Employment Rights Bill to avoid “unintended negative consequences”, saying the changes are not without cost. While the trade body welcomes the government’s recognition of the importance of employment flexibility, it believes that protecting the sector’s access to zero hours contracts is…
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10 OctoberCafes and Coffee Shops
Cooks Coffee UK&I sales surge to £16.4m
Cooks Coffee, the international coffee focused café chain, has reported a 26.0% increase in its group store sales to £16.4m for the 26 weeks of its financial year to 29 September 2024. UK store sales were up 36.0% at £11.4m, while Ireland store sales increased 6.7% to £5.1m. The group…
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