Loyalty Central | Australia’s Post

£83.1m reasons for the UK on-trade to be cheerful It is one of the most anticipated days on the pub calendar, with an estimated 13 million pints of Guinness estimated to be drunk across the globe last year in celebration of the iconic day. I am, of course, talking about St Patrick's Day and what a weekend it was, with the 6 Nations “Super Saturday” contributing to some stellar results for the on-trade. Indeed, as reported by our friends at The Morning Advertiser, there were 27m pints pulled over St Patrick's Day weekend if you include pints of draught beer and cider according to data from Oxford Partnership. In more welcome news for the sector, business in UK pubs, bars and restaurants was boosted on St Patrick’s Day itself by some £81.3 million, up from £78.9m the year before. That’s according to research from the payment provider Dojo, who also noted that the average spend per transaction reached £15.19, versus £14.73 the previous year. This is fascinating stuff if you are into stats around sales performance, which I most certainly am, given what potential the industry still has. At SoftServe Business Systems, we help on-trade businesses move towards digital, which allows some giant boosts of efficiency and cost reduction. I’ve always been fascinated by the pub industry, and indeed was lucky enough to work in it for many years. I’ve always believed that the devil is in the detail, and now the tools are available to do that. So, now we can get granular and into the nitty gritty of what is happening and, indeed, NOT happening in the pubs so we can start to see where the opportunities (and with that, the threats) lie. Digital is still something that is not happening, and I hope it’ll change soon. #pubindustry #ssbsontrade #uk

Pubs and bars seeing return to year-on-year growth during Euro 2024: Pubs and bars are seeing a return to year-on-year growth during Euro 2024, according to analysis from HDI, provider of card spending insight and pricing data to the UK hospitality sector. In the run up to the tournament, despite hospitality sales growing 1.9% year-on-year in the 12 weeks ending 11 June 2024, pubs and bars sales were seeing a slight decline year-on-year. But early data for Euro 2024, covering the opening five days of the tournament from June 14-19, showed pubs and bars returning to year-on-year growth, with England and Scotland games being the key trading days. Mark Bentley, business development director at HDI, said: “It’s encouraging to see pubs and bars performing strongly during Euro 2024. England and Scotland games have been the key trading days so far, where like-for-like sales have significantly outperformed the previous 12 weeks. Performance on other matchdays has been far weaker so far, highlighting the importance of the home nations progressing in the tournament.” In the 12 weeks ending 11 June 2024, coffee and sandwich and delivery and fast food and takeaway were the best performing sectors

Wendy’s CEO hinted at a new digital menu with dynamic pricing, sparking debate. Critics fear it means paying more for burgers during busy hours. Wendy’s clarifies, aiming for discounts, not hikes. But will this strategy backfire? https://lnkd.in/dispKBqx #leadership #businessgrowth #teamdevelopment #franchise #executivecoaching #qsr #franchising

Fullers Enjoy “Strong Start” to Year as Sales Grow Pub group Fuller Smith & Turner have reported strong in the first sixteen weeks of its current financial year with increased sales and improved margins. The group reported like-for-sales growth of 5.3% in the period to 20 July, which covered the month of the Euro 2024 tournament. The company added that its profit margins are “recovering” due to easing inflationary pressures, with food and drink cost inflation significantly slowing over the past year. Since the year end, Fuller, Smith & Turner has completed the sale of 37 non-core pubs to Admiral Taverns for a cash realisation of £18.3m and completed the sale of The Mad Hatter in Southwark for a total consideration of £20m, strengthening the company's balance sheet. Simon Emeny, chief executive of Fuller, Smith & Turner, said: "I am delighted to see our sales growth momentum continue, particularly against the backdrop of easing inflation, which will help us to grow margins and profit, as well as revenue. "We have had a strong start to the financial year, and we look forward to the opportunities the future will bring. "We have a new UK Government in place, and I urge Sir Keir Starmer to stand by his commitment to overhaul our archaic business rates system. "The Labour Party has a clearly stated objective to grow the economy and the hospitality sector can be an excellent engine to help deliver that growth. "With the continued commitment of our inspiring teams, we will take the company forward, grow the business, and deliver excellent returns for all our stakeholders." Read More:

𝗛𝗼𝗽𝗯𝗮𝗰𝗸 𝗕𝗿𝗲𝘄𝗲𝗿𝘆 𝗹𝗼𝗼𝗸𝗶𝗻𝗴 𝘁𝗼 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲 𝘀𝗮𝗹𝗲𝘀 𝗯𝘆 𝗲𝘅𝗽𝗹𝗼𝗿𝗶𝗻𝗴 𝗻𝗲𝘄 𝗺𝗮𝗿𝗸𝗲𝘁𝘀 𝗮𝗻𝗱 𝗺𝗮𝗿𝗸𝗲𝘁𝗶𝗻𝗴 𝗹𝗲𝘀𝘀 𝘄𝗲𝗹𝗹 𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗶𝗻𝗴 𝗽𝘂𝗯𝘀 𝘁𝗼 𝗮 𝘄𝗶𝗱𝗲𝗿 𝗮𝘂𝗱𝗶𝗲𝗻𝗰𝗲: 😎 🍺 Brewer and retailer Hopback Brewery, which also operates nine pubs – mainly in the south and south west of England – has said it is looking to increase sales by exploring new markets and marketing its less well performing pubs to a wider audience. It comes as the business reported a slight increase in turnover for the year ending 30 September 2023, up from £2,679,994 in 2022 to £2,790,204, but saw its pre-tax losses widen from £34,597 to £63,249. Further analysis of the revenue shows £1,391,570 came from pub sales (2022: £1,312,406) and £1,398,634 from brewery sales (2022: £1,367,994). Furthermore, £2,780,275 came from UK sales (2022: £2,679,994) and £9,929 from Europe (2022: nil). No government grants were received compared with £23,667 in 2022. Interest income of £12,088 was received (2022: £527). No dividend was paid (2022: nil). “The main focus of the forthcoming year is to increase sales by exploring new markets and trying to market our less well performing pubs to a wider audience,” director John Gilbert said. “We regret that we appear to have been correct in stating in our last report that the last financial year would prove even more challenging than 2022. All of the concerns then mentioned are still present and the international situation has only got worse. One of the risks specific to our sector are that many pubs, and not just rural ones, are now operating on limited opening hours; a trend that we believe the proposed increase in the minimum wage will only exacerbate. This will obviously impact on sales. Generally, pubs have not returned to pre-2020 levels of trading, and this, as higher input costs such as energy and wages again push up prices, making a once affordable daily pleasure a luxury, is only likely to continue. In spite of yet again having made a small pre-tax loss, our cash reserves remain strong and we have no net debt.” A fixed rate loan of £304,500 taken out with Lloyds in December 2014 is due to be repaid in full in December 2024 or new terms negotiated. An additional £500,000 taken out under the Coronavirus Business Interruption Loan Scheme in September 2020 with Lloyds is also being repaid in 60 instalments of £8,333.33.

10 Top Tips For Maximising Your Breakfast To-Go Sales In the competitive world of convenience retail, breakfast to-go has become a significant revenue stream for many retailers. Whether you run a community based convenience store or a busy forecourt site, here are our 10 tips to help you maximise your breakfast to-go sales. https://lnkd.in/evNnapxD

Websites are a viable medium for establishing virtual connections with customers, especially for businesses that offer online services. That is why the website of a restaurant business too plays a significant role in attracting customers. As the launch of new eateries keeps adding to the competition, the website enables to establish and maintain a good relationship with customers and ensures loyalty. To know more click here: https://lnkd.in/gi83sdna #Orderem #Websitebuilder #Restaurantbusiness #Onlineservices #Loyalty #Smallbusiness

In case you’re in a hurry and need quick tips on how to boost your restaurant marketing success rate and promote your loyalty program. Here are two that you can start using today! 1. Use both displays and signage to let customers know about your loyalty program. Be sure to place them around your high-traffic areas. 2. Offer an incentive like a discount or access to unique restaurant promotions to entice clients to join your loyalty program. World of Beer Franchising, Inc. does a great job offering an incentive to join their loyalty program offering you $5.00 off your bill that day by signing up.

📈Thinking of Starting a Mobile Coffee Business?📈 Are you trying to break into coffee industry? A Mobile business might offer you a fast track to success! These businesses have low start-up costs, while still offering the high margins that leading café and coffee brands are used to. A ready-to-go business can be purchased for as low as £7,500, making it an undeniably flexible business model! Register for Café Business Expo to gain insights into the hidden gem of the café industry, with exceptional margins and low risk - are you ready to roll? 🚚☕ https://shorturl.at/WSRg3 #MobileBusiness #CoffeeStartup #CBE24 #HOSPOB2B

Thrive Makes Acquiring a Liquor Store in BC Easier Than You Think! 🌲 If you’re considering buying a liquor store, having a Thrive liquor license consultant on your team streamlines the process, saving you frustration, time, and costly “do-overs”. Whether you need help finding an LRS license for sale or transferring a license, we make it easier than you think!