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Oct- 2024 -25 OctoberPubs and Bars
Punch Pubs FY operating profits rise 43.6% to £48.4m
Punch Pubs has reported a 43.6% uplift in operating profits from £33.7m to £48.4m for the year ended 11 August,…
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24 OctoberNews-In-Brief
Today’s news in brief – 24/10/24
Hospitality groups recorded a YoY sales rise of 1.7% in September, meaning that managed venues have achieved like-for-like increases in…
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24 OctoberFood and Drink
Hospitality groups see sales rise 1.7% in September
British hospitality groups recorded a year-on-year sales rise of 1.7% in September, according to CGA RSM’s latest Hospitality Business Tracker. …
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23 OctoberNews-In-Brief
Today’s news in brief – 23/10/24
Starbucks has suspended its FY guidance for 2025 after Q4 revenues dipped 3% to $9.1bn, as a result of global…
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23 OctoberCafes and Coffee Shops
Starbucks suspends FY guidance as Q4 revenues fall 3% to $9.1bn
Starbucks has decided to suspend its financial guidance for 2025, as consolidated net revenues dipped 3% to $9.1bn (£7bn) during…
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22 OctoberNews-In-Brief
Today’s news in brief – 22/10/24
The Revel Collective has seen its FY losses before tax widen to £36.7m. The group said that the result was…
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22 OctoberRestaurants
Big Mamma FY turnover hits £40m amid social media buzz
French hospitality group Big Mamma, which operates Italian-style restaurants, has reported that its UK turnover almost doubled from £26m in…
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21 OctoberNews-In-Brief
Today’s news in brief – 21/10/24
The UK’s top 100 restaurant groups saw profits dip to £244.1m in 2024 from £246.5m, according to new research by…
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21 OctoberVenues & Properties
King Pins to open third venue in Bristol in January 2025
King Pins will be launching its third venue and first out of Manchester in Cabot Circus, Bristol, in January 2025. …
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18 OctoberNews-In-Brief
Today’s news in brief – 18/10/24
Over 1,200 pubs will likely be closed this year, new data from CAMRA shows, compared to around 1,000 in 2023…
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