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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Jul- 2024 -3 JulyNews
Today’s news in brief – 03/07/24
Hawksmoor has reportedly begun exploring a sales process as a way to grow its international presence, according to The Financial Times. It is understood that investment bank Stephens has been appointed to run the sale process, and has already begun talking to potential buyers. Heineken UK plans to relocate its…
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3 JulyRestaurants
Hawksmoor explores sale to aid international expansion
Hawksmoor has reportedly begun exploring a sales process that could value the restaurant group at roughly £100m in a bid to grow its international presence, according to The Financial Times. It is understood that investment bank Stephens has been appointed to run the sale process, and has already begun talking…
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2 JulyNews
Today’s news in brief – 02/07/24
Euros and Father’s Day boosted beer sales by 18% in the week ended 22 June. The upswing also helped cause a 9% increase in total drinks sales compared with the same period last year, according to data from CGA. This marks a turnaround for the sector following four consecutive weeks…
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2 JulyPubs and Bars
Euros and Father’s Day boost beer sales
Beer sales in managed venues rose 18% in the week ended 22 June as a result of the combination of the European Championship and Father’s Day. The upswing helped cause a 9% increase in total drinks sales compared with the same period last year, according to data from CGA. This…
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2 JulyFood and Drink
Hard Rock International appoints president of Cafe and Retail division
Hard Rock International announced the appointment of long-time restaurant and hospitality leader Eric Martino as president of the Hard Rock Cafe Division, overseeing operations of the company’s nearly 200 popular eateries around the world. Additionally, Martino will oversee Hard Rock’s Retail Division on a global scale. He reports to Jim…
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1 JulyNews
Today’s news in brief – 01/07/24
Scottish hospitality saw a 33% rise in sales during Scotland’s Euros matches, with high street pubs benefiting the most from an average 74% rise in sales. According to CGA by NIQ data, the day of Scotland’s game vs Switzerland generated the biggest boost in sales, rising 28% compared with last…
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1 JulyBusiness
Scottish games during Euros boost hospitality sales by a third
Scottish hospitality venues have experienced a 33% rise in sales during Scotland’s Euros matches. The data, which was collected by CGA by NIQ, revealed that the day of Scotland’s game vs Switzerland generated the biggest boost in sales, with an increase of 38% on last year. Meanwhile, games where Scotland…
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Jun- 2024 -28 JuneNews
Today’s news in brief – 28/06/24
Nightcap has revealed plans to re-register as a PLC, after directors undertook an “extensive” review to evaluate the benefits and drawbacks of this transition. For the year ended 30 June, Nightcap still expects to report revenues that are in line with current market expectations, with adjusted EBITDA expected to be…
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28 JuneNews
Heavitree sales increase 2.1% despite wet weather
Pub group Heavitree Brewery has reported a turnover increase of 2.1% to £3.3m for the six months ended 30 April. The company said to have “performed well” despite the combination of weeks of cold and wet weather conditions and a very early Easter weekend which could have had an adverse…
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26 JuneNews
Today’s news in brief – 26/06/24
Year-on-year hospitality inflation has fallen to 4.6%, the lowest recorded in 28 months by Prestige Purchasing and CGA’s Foodservice Price Index report, revealing more positive trends for the industry. May also saw month-on-month deflation of negative 0.4% – only the fourth such decrease in the last 32 months. Restaurant deliveries…
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