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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Dec- 2023 -18 DecemberNews
Today’s news in brief – 18/12/23
Hackney Gelato has secured a substantial £1.3m follow-on investment from Pembroke VCT. The funding is set to bolster production, team recruitment, and consumer-oriented marketing efforts. The brand plans to diversify by venturing into new out-of-home spaces like cinemas, theatres, and airlines. Co-founders Enrico Pavoncelli and Sam Newman express their commitment…
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18 DecemberPubs and Bars
Liberation Group promotes three to leadership roles
Liberation Group has announced the internal promotions of Alice Bowyer as the new director of food, Fred Vanderplank in the newly-created role of sales and commercial director and Ollie Fleming as the head of Free Trade in the UK. Bowyer’s promotion comes after she joined the company in 2016, in…
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18 DecemberFood and Drink
Hackney Gelato secures £1.3m investment
Hackney Gelato has secured a £1.3m follow-on investment from venture capital trust Pembroke VCT to fuel global expansion. The new funding will support increased production, recruitment into the team and a consumer marketing drive. Hackney Gelato is also targeting an expansion into new international markets and further growth in the…
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14 DecemberNews
Today’s news in brief – 14/12/23
HMRC has initiated a crackdown on restaurants that use illegal software to manipulate sales records. Following an amnesty deadline, raids have begun at 24 restaurants and takeaways. This software, known as Electronic Sales Suppression (ESS), hides or reduces card sales to evade tax. Businesses not coming forward could face criminal…
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14 DecemberNews
Amber Taverns to open four new pubs amid expansion plans
Amber Taverns, the operator of 170 freehold community, wet-led pubs, has announced that it has completed another four new sites, further expanding the company’s presence to four new locations, Derby, Bridgend, Airdrie and Motherwell in Scotland. A value-focused pub group, which is uniquely focused on the hybrid operator-managed business model,…
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14 DecemberBusiness
HMRC raids 24 restaurants amid crackdown on till fraud
The HMRC has commenced a crackdown on electronic till fraud, with its Fraud Investigation Service having already raided 24 restaurants and takeaways, Pinsent Masons has reported. These raids follow the end of an amnesty earlier this year, which allowed businesses to make a disclosure to HMRC and pay any tax…
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13 DecemberComment
How digitisation across the restaurant sector is set to evolve in 2024
As we reflect on the last year, it’s fair to say that the restaurant industry has continued to go through unprecedented digital transformation, as innovation in the sector accelerates. While these changes have presented disruptions and challenges, they have also provided restaurants with the opportunity to get creative and find…
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13 DecemberNews
Today’s news in brief – 13/12/23
November saw a 4% year-on-year rise in sales for leading hospitality groups, the CGA RSM hospitality business tracker revealed, which has extended a 14-month streak of like-for-like sales increases. While pubs surged 5% and restaurants hit 4.9% growth, bars saw a 6.9% decline. Notably, London’s total sales growth of 3.5%…
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13 DecemberNews
UK hospitality groups welcome 4% sales growth in November
Britain’s leading hospitality groups achieved year-on-year sales growth of 4% in November, a new CGA RSM hospitality business tracker reveals. Restaurant and bar groups have now achieved 14 months of like-for-like sales growth in a row. November’s figure marks an increase from October’s figure of 3.2% and is close to…
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12 DecemberNews
Nando’s revenues hit £1.2bn in FY23
Nando’s has reported that revenues increased to £1.2bn for the year ending February 2023 with sales for the group in excess of pre-pandemic levels. Operating profit for the company returned to £17m for the first time since 2020 as margin on returning sales exceeded its fixed operating costs. The group…
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