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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Apr- 2024 -17 AprilCafes and Coffee Shops
Cooks Coffee UK&I store sales rise 17.6% in FY24
New Zealand-headquartered coffee chain, Cooks Coffee, has reported that group store sales rose by 17.6% to NZ $58.2m (£27.5m) for the year ended 31 March. It comes as Cooks’ UK store sales rose 21.1% to NZ $38.3m (£18.5m) during the period, with Irish store sales rising 11.3% to NZ $19.9m…
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15 AprilRestaurants
Busaba eyes expansion opportunities closer to London
Thai restaurant chain Busaba has revealed it will focus on London and the surrounding areas, as its latest opening in Essex’s Lakeside Shopping Centre has proved successful. According to the group’s latest filings on Companies House, turnover stood at £21.1m for the year ended 17 September 2023, a slight dip…
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11 AprilNews
Today’s news in brief – 11/04/24
Revolution Bars Group has unveiled a restructuring plan as sales rose 8.3% to £82.3m for the 26-week period ending 30 December 2023. Group like-for-like sales for the four weeks from 4 to 31 December 2023 were up 9%, the best festive period since 2019. Despite a strong festive trading period,…
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11 AprilNews
Revolution Bars Group unveils restructuring plan as sales rise 8.3%
Revolution Bars Group has unveiled a restructuring proposal while also revealing an 8.3% boost in sales to £82.3m for the 26-week period ending 30 December 2023. Group like-for-like sales for the four weeks from 4 to 31 December 2023 were up 9%, the best festive period since 2019. LFL sales…
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10 AprilNews
Today’s news in brief – 10/04/24
The Portobello Pub Company has acquired Darwin and Wallace for an undisclosed sum. The acquisition will add seven “high-volume” venues in Battersea Power Station, Clapham Old Town, Wimbledon and Richmond. Darwin and Wallace will continue to operate under the same name. Sessions raised £3m from Guinness Ventures to expand its…
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10 AprilFood and Drink
Sessions raises £3m to expand tech offering
Sessions has raised a further £3m from existing investors Guinness Ventures, in a bid to expand on its technology offering. The news comes as the hospitality growth platform is launching a new franchise arm, starting with SoBe Burger and Ivan Ramen. Since starting operations in 2020, the Sessions platform has…
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8 AprilNews
Today’s news in brief – 08/04/24
The latest transport strike has widened hospitality revenue losses to over £5bn, according to the NTIA. News follows the recent industrial action announced by the ASLEF union and London Underground, which ran from 5 April until today (8 April) and included a six-day ban on overtime. According to Kill, the…
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8 AprilPubs and Bars
Strong St Patrick’s Day tips drinks sales into growth
Average drinks sales in the UK’s managed venues for the week ended 23 March were up 1% compared with the same period last year. It follows a 1% increase over the previous week, and 5% growth in the seven days before that. Pubs and bars took advantage of St Patrick’s…
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4 AprilNews
Today’s news in brief – 04/04/24
Food price inflation in hospitality is more than double the rate seen in the retail sector despite steady easing over the last 12 months, the CGA Prestige Foodservice Price Index has revealed. In March 2023, the level of food inflation in hospitality and retail briefly converged at 19%. However, while…
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4 AprilCafes and Coffee Shops
Starbucks to open 100 new sites in FY24 amid sales growth
Starbucks UK plans to open an additional 100 new sites in FY24, as total revenues rose 21.9% to £547.7m for the year to 1 October 2023. The group reported that “strong and resilient” revenue growth continued during 2023, even with challenging economic headwinds in the UK. As a result, the…
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