All Analysis & Insight articles – Page 115
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Analysis & Insight
Late night economy enjoys increased spend
A study into the late night economy has found spending on pre-drinks, transport, entry fees and drinks in club venues have all increased, while expenditure on food has decreased.
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Analysis & Insight
Eight trends in new openings
This week’s Market Growth Monitor from CGA Peach and AlixPartners identified some of the hotspots and black spots of Britain’s city centres and high streets. Here are eight key trends:
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Analysis & Insight
Sector lfls fall 0.4% in May
Like-for-like sales across the sector fell 0.4% in May with few bright spots highlighted by the Coffer Peach Tracker.
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Analysis & Insight
Licensed premises fall 1.2% but managed sites grow 2.5%
Managed drink-led or community pubs and managed restaurants were the top growth areas in the year to March, although the UK’s stock of licensed premises continued to fall.
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Analysis & Insight
Restaurants and bars outperform consumer market in May
Spending in hotels, restaurants & bars rose by 3.3% in May as consumer spending fell in the wider market for the first time in four years, figures from Visa reveal.
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Analysis & Insight
Inside Track: Time to look north?
Could the north east be Britain’s best-kept secret for restaurant and pub operators? Most of the attention for new restaurant and pub openings tends to fall on London and the south east – but it is in the top right corner of England where the fastest pace of openings is to be found at the moment. CGA Peach vice president Peter Martin discusses.
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Analysis & InsightInside track: Next in line
A plethora of changes at the top across some of the UK’s leading and up-and-coming eating and drinking-out groups has thrown up questions on the role of succession planning in the sector and whether private-equity groups are increasingly questioning existing growth strategies and those they have backed to implement them in the face of a challenging trading environment. Mark Wingett gets the thoughts of leading recruitment executives.
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Analysis & Insight
Poll shows sector confidence falling
A new poll of industry leaders has shown the recovery in sector optimism seen earlier this year has stalled.
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Analysis & Insight
Hospitality hourly pay up to £8.12
The hourly pay of workers in the UK hospitality industry continues to outstrip the National Living Wage (NLW), new research from Fourth has revealed.
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Analysis & Insight
How to be a food-business star
Mike Williams, director at UK food safety consultancy STS, explains the three fundamental areas an environmental health officer will look at during an inspection and how getting these areas right means food businesses will have little trouble achieving a 5* food-hygiene rating:
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Analysis & Insight
Bakery accounts for two thirds of eating out visits
A new report by MCA has highlighted the key role of bakery sales to the wider eating out market.
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Analysis & Insight
Good photos boost TripAdvisor engagement
Restaurants with multiple photographs on their TripAdvisor page get more far interaction on the the website, new research reveals.
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Analysis & Insight
Advice for the budding CEO
Tim Clouting, partner at executive search boutique firm Savannah Group (formerly Boyden), looks at the eight key lessons learnt as executives progress through the boardroom
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Analysis & Insight
Homeslice - putting pizza centre stage
With a disregard for any rules and a left-field approach to toppings, it’s clearly no traditional pizzeria. But, as Mel Flaherty found out, Homeslice is carving out a name for itself in an increasingly congested sector
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Analysis & Insight
Poll shows diners willing to spend big on pub food
One in ten pub customers would be willing pay more than £20 for dinner in a pub, excluding drinks, new research has shown.
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Analysis & InsightKeeping the Express on track
The season of changes at the top of the UK’s leading restaurant brands continued earlier this week with the abrupt departure of Richard Hodgson as chief executive of PizzaExpress. Mark Wingett examines his time at the helm of the UK’s largest casual dining brand and why the company’s future growth is increasingly dependent on its expansion plans in the Far East.
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Analysis & Insight
Foodservice inflation reached 5.8% in April
Inflation in wholesale foodservice prices reached 5.8% in April, with coffee prices particularly hard hit, the latest statistics have revealed.
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Analysis & Insight
Knives are out for Frankie’s
This week saw shares at The Restaurant Group fall 7% on the back of a note from UBS, which said Frankie & Benny’s new menu was still 22% more expensive than branded pub chains despite cutting prices.
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Analysis & Insight
Bank Holiday bonanza predicted
The May bank holiday could earn a £3bn for high street businesses, as Britons choose to spend the long weekend closer to home.
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Analysis & Insight
JDW retains dominance among pub brands
The latest Pub Brand Monitor from MCA has shown that despite site closures over the past year and a fall in its share of breakfast and dinner visits, JD Wetherspoon remains the market leader.