Restaurants and bars get their appetite back following Rugby World Cup 2015 boost October 26, 2015 The Rugby World Cup and greater consumer spending power thanks to falling food and petrol prices provided a much needed boost to UK bars and restaurants during the third quarter of the year. According to Begbies Traynor’s latest Red Flag update, which monitors the health of UK companies, the number of restaurants and bars experiencing “significant” [...]
Not just on a roll: Greggs sees sales surge with new offerings January 13, 2015 GREGGS’ sausage rolls, sandwiches and coffee proved popular over the festive period, as the bakery chain reported an 8.2 per cent surge in like-for-like sales in December. It said it now expects full-year results – out on 4 March – to be “above previous expectations”, after the robust performance over the five weeks to 3 [...]
Bring me sunshine: Retailers believe weather is the main driver of consumer demand, says Met Office October 12, 2015 There is nothing that retailers like – or hate – more than to blame the weather for wreaking havoc on sales. Sausage roll-maker Greggs’ sales go soggy if conditions are too wet or too hot. Last autumn’s Indian Summer made it hard for retailers to shift jumpers and coats off the shelves. And the washout [...]
Greggs’ Christmas sales jump, as it anticipates results above previous expectations January 13, 2015 Bakery Greggs has enjoyed strong sales over the Christmas period. Like-for-like own shop sales climbed 8.2 per cent, after it put the "food-on-the-go" customer at the centre of its focus over the holiday season. For the financial year, total sales grew 5.5 per cent, with like-for-like sales up 4.5 per cent. The company's estate improvement [...]
London sushi chain Itsu drives sales up with growing customer numbers October 6, 2015 Food conscious Britons seeking out healthier lunch options helped to drive up sales at Itsu by more than a fifth last year. The sushi specialist, launched by Pret a Manger founder Julian Metcalfe, posted a 20.8 per cent rise in turnover to £67.9m in the year to January, with like-for-like sales up by 6.8 [...]
Itsu gobbles up more customers as profits jumps September 29, 2015 FOOD conscious Britons seeking out healthier lunch options helped to drive up sales at Itsu by more than a fifth last year. The sushi specialist, launched by Pret a Manger founder Julian Metcalfe, posted a 20.8 per cent rise in turnover to £67.9m in the year to January, with like-for-like sales up by 6.8 per [...]
Greggs on a roll as sales rise 5pc on newproducts December 15, 2014 HOT DRINKS and sandwich chain Greggs yesterday said its strategy of launching new product ranges increased its sales, confirming its status as a growing rival for Pret a Manger, Starbucks and Costa. The bakery chain, which has nearly 1,700 stores, reported that sales grew 5.2 per cent in the six months to 13 December, ahead of [...]
Greggs’ share price soars after beefing up profit forecast December 15, 2014 The figures Bakery chain Greggs has reported a strong half-year trading, with like-for-like sales in its own shops up 5.2 per cent for the 24 weeks to December 13. That's quite an improvement on the growth it was seeing this time last year – 0.7 per cent on 2012 – and, as a result, Greggs [...]
Applegreen fills the tank with jump in revenue September 14, 2015 IRISH petrol station retailer Applegreen said yesterday it has made a strong start to life as a public company after reporting a 35 per cent jump in gross profits in the first half. Applegreen made its Aim debut in June with a market value of around £220m, making it one of the biggest floats of [...]
FTSE 100 index ends up as commodities and energy rally – London Report October 7, 2015 Energy and mining stocks yesterday advanced on the back of stronger commodity prices as Britain’s top shares index extended gains from Monday’s session. The blue-chip FTSE 100 index, which surged 2.8 per cent on Monday, ended 0.4 per cent higher at 6,326.16 points. The index, however, is still down about 3.5 per cent this year [...]