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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Jan- 2024 -18 JanuaryPubs and Bars
Young’s reports 9.0% rise in revenues
Young’s and Co Brewery has reported a 9.0% increase in managed revenues and 7.2% increase in like-for-like sales for the five-week Christmas and New Year period ending 1 January 2024. Additionally, its total managed revenue rose 6.9% and 4.7% on a like-for-like basis for the 13 weeks ended 1 January…
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17 JanuaryNews
Today’s news in brief – 17/01/24
UKH has been ‘encouraged’ by news that job vacancies have fallen by 35,000 within 2023, according to new figures from the ONS. While current vacancies still remain “far higher” than pre-pandemic levels, UKH believes reforms to the apprenticeships levy and addressing the cost burden for employers can ensure vacancies continue…
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17 JanuaryFood and Drink
Mitchells and Butlers sees LFL sales rise to 7.7% in Q1
Hospitality group Mitchells and Butlers has reported strong Q1 results as it recorded a 7.7% like-for-like sales growth, with total sales growth of 9.7%, for the 15 weeks ended 13 January 2024. It also stated that trading continued to strengthen over the festive season. The company’s like-for-like sales grew by…
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16 JanuaryNews
Today’s news in brief – 16/01/24
Cooks Coffee experienced a 15.8% rise in sales to £26.9m across UK&I for the year ended 31 December 2023. The news comes as, within the UK, store sales rose by 18.6%, while in Ireland store sales rose by 11%. By the end of 2023, Cooks Coffee had added nine new…
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16 JanuaryTrade Associations
New Aslef strike action could cost hospitality £350m
New Aslef strike action planned for the end of January into early February could cost hospitality businesses almost £350m, according to UKHospitality. Aslef announced another series of strikes between 30 January and 5 February, affecting different train operators each day. Furthermore, an overtime ban will also be in place from…
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16 JanuaryCafes and Coffee Shops
Cooks Coffee sales rise 15.8% across UK&I in 2023
Cooks Coffee has experienced a 15.8% rise in sales to $53.8m (£26.9m) across the UK and Ireland for the year ended 31 December 2023. The news comes as, within the UK, store sales rose by 18.6% to reach $35m (£17.5m) compared with the same period last year, while in Ireland…
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15 JanuaryFeatures
Why are insolvencies more likely to affect the hospitality sector?
According to PwC’s outlook for 2024, there will be a significant rise in corporate insolvencies in 2024, just shy of 30,000 with smaller businesses accounting for the lion’s share. However, it further added that industries most impacted are likely to be hotels and catering, along with manufacturing, and transport and…
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15 JanuaryNews
Today’s news in brief – 15/01/24
Drake and Morgan reported record festive trading, with like-for-like sales up 31.7% against the same period in 2022. Christmas bookings were up more than 20% on last year across its whole estate. Despite this, the company saw its adjusted EBITDA fall to £4.1m for the year ended 26 March 2023…
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15 JanuaryPubs and Bars
More than 4,500 Stonegate pubs at risk amid £2.6bn debt
More than 4,500 Stonegate pubs could be at risk as parent company TDR capital seeks to refinance £2.5bn of debt, GMB Union has warned. Gary Lindsay, boss of TDR Capital which also owns supermarket giant Asda, told the Business and Trade Select Committee on Tuesday [9 January] he was ‘confident’…
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15 JanuaryPubs and Bars
Drake and Morgan delivers record Christmas
Drake and Morgan has announced record festive trading with like-for-like sales up 31.7% against the same period in 2022. This trading followed “record” Christmas bookings which were up more than 20% on last year across its whole estate. Despite this, the company saw its adjusted EBITDA fall to £4.1m for…
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