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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Aug- 2024 -5 AugustPubs and Bars
Liberation Group sees LFL sales rise 6.4% in H1
Liberation Group, a privately owned premium pub operator and brewing group with sites stretching from Mayfair in London to St Aubin in Jersey, has reported a 6.4% increase in H1 LFL sales. The group’s LFL growth was delivered in all markets and channels, with a “standout” performance in food at…
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2 AugustNews
Today’s news in brief – 02/08/24
Welcome Break has seen 2023 profits rise by 7% to £72.7m. The operator of service stations with F&B outlets and hotels attributed its performance to the peak trading of the holiday period from June to September 2023, when many sites and units broke their weekly trading records. Edinburgh hospitality will…
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2 AugustFood and Drink
Edinburgh hospitality braces for sales rise as Fringe begins
Edinburgh hospitality is due to benefit from a major rise in sales as Edinburgh Fringe and other festivals have kicked off today (2 August). Last year, Edinburgh welcomed almost 250,000 people to its festivals, which helped deliver a 30% rise in average daily sales for hospitality venues in the city…
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1 AugustNews
Today’s news in brief – 01/08/24
Stonegate Group has secured a refinancing deal from TDR Capital, following strong demand from investors. This refinancing will extend the group’s maturities on the revolving credit facility and the senior secured notes to January 2029 and July 2029 respectively, and reduce leverage from 8.2x to 6.5x RR EBITDA today. Restaurant…
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1 AugustFood and Drink
Restaurant groups see ‘strong’ delivery sales amid wet weather
Managed restaurant groups in Britain have recorded the strongest growth in delivery sales since the end of the pandemic restrictions due to unseasonal weather, according to CGA by NIQ’s latest Hospitality at Home Tracker. According to the Tracker, like-for-like sales in June were 17.1% higher than in the comparable month…
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Jul- 2024 -31 JulyNews
Today’s news in brief – 31/07/24
UKH has called the changes to the LPC remit for 2025 “disruptive and unhelpful”, claiming that wages rates must strike an “affordable balance to help deliver growth for both businesses and staff”. The Low Pay Commission has also been ordered to narrow the gap between the minimum wage rate for…
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31 JulyRestaurants
Turtle Bay FY sales hit ‘record’ £93.7m
Caribbean-themed restaurant chain, Turtle Bay, has reported a sales rise of 6.1% to a record high of £93.7m for the 52-week period to 31 March. According to the group, it managed to bounce back “quicker and stronger” following the pandemic and experienced “industry-leading” like-for-like growth in its estates with further…
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30 JulyNews
Today’s news in brief – 30/07/24
Greggs has reported that sales rose 13.8% to £960.6m during H1. During the period, the food-on-the-go retailer saw underlying profit before tax rise 16.3% to £74.1m and opened 99 new shops, including 30 relocations and 18 closures. This resulted in 2,524 shops trading. Greggs remains on track to achieve 140…
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30 JulyBeverages
Diageo FY sales fall 1.4% amid weaker demand in Latin America
Diageo has revealed that its reported net sales fell 1.4% to $20.3bn(£15.8bn) for the year ended 30 June 2024. The company has put this down to an unfavourable foreign exchange impact and organic net sales decline, partially offset by hyperinflation adjustments. Its organic net sales declined by $129m (£100.4m) or…
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30 JulyCafes and Coffee Shops
Greggs H1 sales rise to £960.6m
Greggs’ sales rose 13.8% to £960.6m during the 26 weeks ended 29 June 2024. The food-on-the-go retailer has announced its underlying profit before tax was also up 16.3% to £74.1m. During the first half of the year Greggs opened 99 new shops, including 30 relocations and 18 closures, resulting in…
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