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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Oct- 2022 -17 OctoberPubs and Bars
Hospitality driving recovery in cities post-Covid, CGA finds
The hospitality sector is driving the economic recovery of major cities post-pandemic, with Birmingham reported as the most vibrant city thanks to its restaurants, pubs and bars, the CGA has found. Its latest ‘Top Cities’ report, conducted alongside connectivity solutions provider Wireless Social, provided a ‘vibrancy’ ranking of Britain’s 10…
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14 OctoberRestaurants
Loungers LFL sales rise 17%
Loungers plc has reported like-for-like sales growth of 17% for the 24 weeks to 2 October 2022, and the group is on track to open 30 sites this year. Additionally, the group’s non-property net debt at 2 October 2022 was £9.5m, down year-on-year from £11.9m, reflecting the timing of September…
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12 OctoberPubs and Bars
Simmons to open largest site in Holborn next month
Simmons, the award-winning bar group, is set to open its 25th site this November in Holborn, which will be its biggest site yet. The new venue will have the capacity to fit 400 guests, spanning over two floors and featuring a giant disco ball DJ booth. A “vast selection” of…
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12 OctoberRestaurants
Las Iguanas trials service robots in two locations
Las Iguanas, the Latin American-inspired chain restaurant, has reportedly introduced six new service robots at its restaurants in Center Parcs Elveden Forest and in Cambridge through a trial partnership with Soft Bank Robotics. It is reported that the robots will support team members with everyday tasks such as delivering food…
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12 OctoberFeatures
Why do casual dining sites thrive in economic uncertainties?
“Quick service restaurant companies like us often do well during periods of recession and economic uncertainty,” says Richard Morris, chief executive officer of Tortilla, “as consumers tend to turn to good value-for-money products and brands that they can trust during such times.” In fact, more people are purchasing takeaway or…
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11 OctoberPubs and Bars
Drink demand keeps Marston’s sales afloat in FY22
Marston’s has announced that total retail sales for the year to 1 October were up by 2% against FY19, predominantly driven by drink sales which continued to outperform food sales in the period. Like-for-like sales were down 1% against FY19 however, reflecting the impact of trading restrictions last December and…
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11 OctoberRestaurants
Itsu sees FY21 turnover hit £86.5m
Asian-inspired food brand, Itsu, revealed that its City restaurants have seen “steady” growth throughout 2022, with a reported turnover of £86.5m during FY21, which is said to be an increase of 40% on the prior year. In addition, the restaurant chain’s supermarket offerings saw an EBITDA growth of 56% and…
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7 OctoberPubs and Bars
JD Wetherspoon posts £30.4m loss
JD Wetherspoon has reported a pre-tax loss of £30.4m for the 53 weeks ended 31 July 2022 (FY22) amid what it called “painstakingly” slow recovery recovery post-Covid and rising cost inflation. The company also announced that it is marketing 32 pubs following its long-term strategy of opening larger pubs at…
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6 OctoberRestaurants
Burger & Lobster turnover surges 40%
Burger and Lobster has announced its turnover surged 40% in the financial year ending 2 January 2022 (FY22), growing from £16.3m to £22.8m year-on-year. The nine-strong London-based restaurant group recorded EBITDA of £1.8m and it hailed net assets of £2.5m for FY22 with positive funds balance. The group performed ahead…
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5 OctoberFeatures
Is the UK pub and bar market on track for £8bn growth in 2022?
“There’s a plethora of difficult situations for pubs at the moment; penetration is down and spending is relatively flat,” says Katie Prowse, senior insight manager at Lumina Intelligence. “Consumers are also limiting their out-of-home visits, which is having an impact on pubs, on top of cost increases.” Despite macroeconomic challenges…
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