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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Sep- 2024 -17 SeptemberFood and Drink
Pret A Manger FY global sales hit £1.1bn for first time
Pret A Manger has reported a 10% increase in first-half sales to £569m, whilst also revealing that global sales hit £1.1bn for FY23 for the first time, following its expansion into overseas markets. Pret confirmed that it achieved its medium-term growth target during FY23, which was set in 2021. The…
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13 SeptemberNews
Today’s news in brief – 13/09/24
UKH has welcomed Martyn’s Law, which was laid in parliament yesterday (12 September), providing updates to many key elements of the legislation. Martyn’s Law will introduce a new requirement on venues in the UK to ensure they are prepared in the event of a future terror attack. The bill has…
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13 SeptemberFood and Drink
Trio of food operators to open at Gloucester Quays
Pret a Manger, Krispy Kreme and Subway are all going to make their city debut at Gloucester Quays. Opening on High Orchard Street in a 1,841 sq ft unit with room to seat 85 customers, the new Pret a Manger shop will serve a menu of freshly-made food and organic…
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9 SeptemberPubs and Bars
Warm end to August lifts drinks sales back into modest growth
Drinks sales in the UK’s managed venues rose a modest 1% in the week ended 31 August, according to data from CGA. This increase was partly driven by good weather over the Bank Holiday weekend with sales on the Bank Holiday Monday (26 August) rising 1%. Sales spiked by 10%…
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9 SeptemberRestaurants
Hostmore abandons bid to acquire TGIF
Hostmore has abandoned its plans to acquire TGI Fridays over legal issues. The news comes after the board confirmed that TGI Fridays lost control of TGIF Funding, which holds legal title to the franchise agreement royalties and other various fees and revenue from intellectual property of the TGI Fridays business. …
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3 SeptemberPubs and Bars
Revolution resumes AIM trading as restructuring plan completes
Revolution Bars Group has resumed trading on the AIM after officially completing its fundraising and restructuring plan. The bar operator, which trades under the Revolution, Revolucion de Cuba and Peach Pubs brands, has reissued a total of 1,267,768,705 new ordinary shares following the completion. The restructuring plan, which was first announced…
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3 SeptemberPeople
Rhubarb appoints new VP of business development
International hospitality group Rhubarb Hospitality Collection (RHC) has appointed Tom Crocker as vice president of business development. In this role, Crocker will focus on delivering growth across Rhubarb’s key channels including Iconic Venues, Cultural Locations, Business and Industry and Travel Locations. Crocker joins RHC with more than 15 years of…
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2 SeptemberPubs and Bars
Drinks sales down for fourth week in five
Drinks sales in the UK’s managed venues saw a year-on-year drop of 5% for the week ended Saturday 24 August, according to CGA data. It follows mixed weather in many parts of Britain and an increase in overseas travel this year, which have both reduced spending over the summer holiday…
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2 SeptemberNews
Urban Pubs and Bars acquires 11 new sites
Pub and dining group Urban Pubs and Bars (UPB) has recently acquired 11 new sites. The group has announced the acquisition of eight trading leasehold businesses and three vacant freehold sites from the administrators of Elflock Limited, Babel Silk Limited, Brocade Limited and De Gremio Limited. The leisure group, which…
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Aug- 2024 -28 AugustNews
Today’s news in brief – 28/08/24
Contract caterers achieved a sales rise by 10% in Q2, marking its 13th quarter of growth in a row and an improvement rate of 7% recorded in the first quarter of this year. The strong performance comes despite another fall in the outlets served by contract caterers, as they now…
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