Strategy
This section highlights the strategic moves shaping the UK hospitality and foodservice industry. From brand repositioning and pricing models to diversification plans, leadership changes, and multi-site rollout strategies, our coverage provides valuable insight into how restaurant groups, pub chains, caterers, and bar operators are adapting to shifting market conditions. Whether you’re refining your business model, assessing competitor strategies, or making key investment decisions, this archive offers sharp editorial designed to support strategic thinking at every level of the foodservice sector.
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May- 2023 -15 MayRestaurants
Gordon Ramsay Restaurants posts record FY revenues of £79m
Gordon Ramsay Restaurants has revealed record revenues of £78.9m for the year ending August 2022, an increase from £26.2m the previous year. The group attributed its performance to its post-Covid recovery as it enjoyed “12 months of uninterrupted trading” in the UK after the pandemic had brought operations to a…
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12 MayFeatures
Why customer loyalty can be your inflation crisis lifeline
Can you tell us about your experience in customer loyalty and your role at Antavo? I’m the chief strategy officer and one of the co-founders of Antavo, the enterprise loyalty programme management software. I started thinking about Antavo’s business plan more than 12 years ago. Eventually, the company was founded…
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9 MayFood and Drink
Soft drinks sales surpass £1bn in Q1 2023
Sales of soft drinks in the UK surged past the £1bn mark to reach £1.7bn in the first quarter, up by 12% year-on-year, according to data from CGA Strategy. Soft drinks now have a 15.5% share of total on premise drinks sales by value, an increase of 1.7 percentage points…
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5 MayFood and Drink
SSP expands in US with Midfield concessions acquisition
SSP Group has expanded across North America by adding 40 new units at seven airports, including four new locations, following the acquisition of the concessions business of Midfield Concession Enterprises. The operator of F&B outlets in travel locations, which has locations across 35 countries, will expand its presence in over…
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4 MayBusiness
Mixed Q1 for UK drinks sales
CGA Strategy’s Drinks Recovery Tracker has revealed a “reasonable outlook” for Q1 with wine sales up but spirit sales down. It revealed wine sales have seen growth every week in 2023 as older consumers returned to pubs, bars and restaurants after the pandemic. Meanwhile, beer sales were in year-on-year growth…
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4 MayFood and Drink
Domino’s launches £20m share buyback as app sales rise in Q1
Domino’s Pizza has activated a £20m share buyback programme after seeing like-for-like sales through its app increase by 10.7% in the first quarter, with order count increasing by 2.8% to 18 million. The news comes as the group’s new app has increased its active customers by 27% to roughly 6.8…
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3 MayBusiness
Hospitality loses 4,600 venues in 12 months
Britain has suffered a net decline of 4,593 licensed premises in the last year to March 2023, according to the Hospitality Market Monitor from CGA Strategy. The drop is equivalent to 4.3% of the licensed sector since March 2022, and an average of 12.6 closures a day. In better news,…
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2 MayPubs and Bars
Greene King revenues surge to £2.18bn
Greene King has announced that its revenues grew 62% to £2.18bn for the 12 months ended 1 January 2023. Profit before tax rose to £66.9m from a loss before tax compared with the previous year which saw the closure of all pubs for the first 15 weeks of the financial…
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Apr- 2023 -28 AprilAdvice
Keep it Professional: Building Respect for everyone working in Hospitality
People are the heart of hospitality. Yet, the external perception of hospitality workers is often clouded by outdated stigma, which is hard to shake off. More critically, this is having a negative impact on recruiting at a time when labour is in short supply; not to mention the direct impact…
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27 AprilNews
McDonald’s global sales increase by 13% in Q1
Fast food giant McDonald’s reported that sales increased nearly 13% for the quarter ended in March 2023, both globally and across each segment. Digital Systemwide sales in the top six markets, including the UK, were nearly $7.5bn (£6bn) for the quarter, representing almost 40% of the Systemwide sales. Systemwide sales…
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