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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Mar- 2024 -6 MarchNews
Today’s news in brief – 06/03/24
The Gentlemen Baristas has been bought out of administration and sold for £785k. The chain previously called in an administrator from Parker Getty Limited back in January, after being “adversely affected” by higher costs of materials as well as the costs of sales and staff. Darwin and Wallace reported a…
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6 MarchCafes and Coffee Shops
The Gentlemen Baristas bought out of administration
Coffee shop chain The Gentlemen Baristas has been bought out of administration and sold for £785,000. The chain previously called in an administrator from Parker Getty Limited back in January, after being “adversely affected” by higher costs of materials as well as the costs of sales and staff. According to…
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6 MarchRestaurants
Darwin and Wallace sales rise 1.8% in ‘challenging’ year
Darwin and Wallace, the operator of eight Greater London bar-restaurants, has reported a 1.8% rise in sales to £17.8m for the year ended 28 May 2023, despite macroeconomic challenges over the period. The group has attributed the erosion of its sales conversion and profits to an “incredibly” tight labour market…
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5 MarchNews
Today’s news in brief – 05/03/24
Greggs reported pre-tax profits of £188.3m for 2023, as sales increased 19.6% to £1.8bn. The group opened a “record” 220 new shops in 2023 and 75 closures (145 net openings), growing the estate to 2,473 shops as at 30 December 2023. Looking ahead, Greggs expects no change to management’s expectations…
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5 MarchFood and Drink
Greggs profits and sales soar
Greggs has reported pre-tax profits of £188.3m for the 52 weeks ended 30 December 2023, compared with £148.3m from the previous year. Its sales also increased 19.6% to £1.8bn and its underlying profit before tax excluding exceptional income was up 13.1% to £167.7m. The group opened a “record” 220 new…
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4 MarchNews
Today’s news in brief – 04/03/24
Foodservice price inflation decreased to 12.6% in January, according to new figures by the CGA Prestige Foodservice Price Index. It stated that the figures male up the seventh successive month-on-month fall in inflation as markets adjust to falling commodity pricing. Papa Johns will be closing 50 takeaways across the UK…
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4 MarchFood and Drink
Papa Johns set to close 50 ‘underperforming’ UK sites
Papa Johns has announced that it is set to close 50 takeaways in the UK as a result of underperformance. The pizza chain, which runs more than 450 UK sites, has stated that the sites signposted for closure had accounted for two thirds of its Q4 operating losses in the…
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4 MarchCafes and Coffee Shops
Coffee#1 H1 sales rise 18.8% to £29.6m
Coffee shop brand Coffee#1 has revealed that sales rose 18.8% to £29.6m during the first half of the financial year from June 2023 to November 2023. The group’s like-for-likes sales performance for the same period also remained robust at 8%, underpinned by sustained customer growth of 1.2%. During H1, the…
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1 MarchFood and Drink
KFC UK&I launches first nutrition progress update
KFC UK&I has unveiled its first ever nutrition progress update, which tracks the progress it has made on nutrition across its menu and aims to increase transparency for consumers and wider industry. The update has outlined KFC’s steps on its nutrition journey, which included reformulating its fries by removing around…
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Feb- 2024 -29 FebruaryNews
AA reveals new Rosette Awards winners for 2024
The UK’s top restaurants and hotels have been recognised at the AA Rosette Awards spring update held at RAK Ceramics Design Hub, London. Among the celebrated, one establishment was awarded the distinguished four AA Rosettes, while an impressive sixteen have been presented with three AA Rosettes – a testament to…
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