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- 2023 -5 AprilNews
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 group’s FY report for the period from 21 January 2021 to 2 January 2022. Through the first half of 2021, Prezzo, along with the whole of the hospitality sector, traded…
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Mar- 2023 -30 MarchNews
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 1,000 new jobs in the process. The group’s expansion has been fuelled by record revenues, with system sales forecast to hit over £65m by the end of FY23, an increase…
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29 MarchNews
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. During Menezes’ ten years leading the company, Diageo reportedly grew significantly and now sells over 200 brands in more than 180 markets. As of today, it is the number one…
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27 MarchNews
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 of 20% to £57.7m, according to its FY22 results. The increase, the group argues, is attributable to a variety of factors, including a 16.4% like-for-like revenue growth, the strategic acquisition…
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27 MarchPubs and Bars
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 ended 29 January after a £26.1m loss the prior year. Nonetheless, this was still below the £50.3m profit reported for the same period in 2019. However, the group’s like-for-like sales…
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22 MarchPubs and Bars
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 April 2022. The company reported sales of £14.6m and an EBITDA of £4.67m combined for their Newcastle and Sunderland venues. The company, which has recently announced planned sites in Durham,…
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21 MarchPubs and Bars
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 the latest Coffer CGA Business Tracker. The tracker has now recorded year-on-year growth for five consecutive months. However, the figure is substantially down from 10.1% in January and is well…
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20 MarchFood and Drink
Drinks sales dip 3% year-on-year in March
Drinks sales in the UK have dropped 3% year-on-year in the first full week of March following a strong first two months of the year, according to data from CGA Strategy. The latest Drinks Recovery Tracker shows average sales in the week up to 11 March were 3% behind the…
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16 MarchNews
Delivery and takeaway sales continue to drop, CGA reports
Delivery and takeaway sales in Britain have again experienced a fall compared to last year, according to the new Hospitality at Home Tracker from CGA by NIQ. The tracker revealed that compared to February 2022, combined sales of delivery and takeaway food last month declined by 6% as more customers…
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15 MarchNews
Rail strikes will cost hospitality sector almost £600m, UKH warns
Rail and tube strikes happening across the country this week will cost the hospitality sector almost £600m, trade body UKHospitality has announced. Rail strikes are set to happen on the 16th, 18th, 30th of March and 1st of April meanwhile hospitality venues in London are also going to be affected…
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