Sales

Foodservice price inflation falls slightly but remains over 20%

Foodservice price inflation fell slightly to 20.6% year-on-year in February 2023, according to data from CGA strategy. The figure is…

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Poor weather sees drinks sales stagnate

Poor weather in the last two weeks of March has seen drinks sales flatten according to the On Premise survey…

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UKH opposes possibility of late night levy extension

UKHospitality has stated its significant opposition to any extension to the late night levy and reiterated the need to abolish…

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Prezzo returns to profit in FY results

Nationwide Italian restaurant group Prezzo saw a return to profitability following the removal of all covid restrictions, according to the…

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Chopstix set to create 1,000 jobs amid further expansion

Chopstix Group, the UK’s largest Asian quick service restaurant group, plans to open 30 new stores this year, creating almost…

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Diageo’s CEO steps down after 10 years

Multinational alcoholic beverage company Diageo has announced that its chief executive officer Sir Ivan Menezes has decided to step down.…

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Tortilla Group revenues rise 20% in FY22

Tortilla Mexican Grill, one of the most successful fast-casual Mexican restaurant groups in the UK, has reported a revenue increase…

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JD Wetherspoons returns to profit but warns of inflation impact

Pub chain JD Wetherspoons has returned to profit in H1, with profit before tax reaching £4.6m for the 26 weeks…

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Danieli Group reports record profits for Stack brand

Danieli Group, the company behind the street food and bars brand Stack, has announced record profits for the year ended…

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Pubs, restaurants and bars sales rise 3.9% in Feb

February sales at restaurant, pub and bar groups were 3.9% ahead of last year on a like-for-like basis, according to…

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