J D Wetherspoon plc announces an update on current trading, before entering its close period for its interim results, for the six months ending 22 January 2017, which are expected to be announced on 10 March 2017. Current trading For the first 12 weeks of the second quarter (to 15 January 2017), like-for-like sales increased by 3.2% and total sales by 0.7%. In the year to … [Read more...]
Government’s Brexit strategy must provide clarity for businesses
The ALMR has responded to the Prime Minister’s Brexit speech by urging the Government to work to provide clarity to ensure stability for businesses. ALMR Chief Executive Kate Nicholls said: “The Prime Minister’s speech referred to the UK’s food and drink sector as a crucial one. Recognition of the good work we do, and the positive contribution we make economically, is a … [Read more...]
ETM Group Trading update for December
ETM Group, the 13-strong independent bar, pub and restaurant group, provides the following trading statement for December 2016. The Group enjoyed a 23% growth in sales during the month of December with like-for-like sales up 6% on the previous year. The openings of venues Burdock (October) and Aviary (December) exceeded forecasts with ETM Group experiencing its most … [Read more...]
Happy 5th birthday Dabbous
Michelin starred restaurant Dabbous is celebrating five glorious years by bringing back some classic originals. For a limited time only, Ollie Dabbous’ sublime Scallop tartare with eucalyptus; Fennel salad with lemon balm & pickled rose petals and Chocolate soaked brioche with azuki beans, pecans & barley malt extract will be joining newcomers such as Charcoal smoked … [Read more...]
GB out-of-home foodservice visits to grow 0.4% in 2017 to 11.34 billion
Sales forecasts for 2017 foodservice revised upwards to £55.54 billion as market shows clear resilience Narrow gap between NPD’s ‘soft Brexit’ vs ‘hard Brexit’ visit and spend estimates for next two years Global information company The NPD Group is forecasting that the British out-of-home (OOH) foodservice market could grow visits by as much as 0.4% in 2017 to 11.34 … [Read more...]