All Analysis & Insight articles – Page 16
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Analysis & Insight
Popeyes leads outlet growth in QSR
The Louisiana fried chicken concept is expected to grow by 126% in 2023 to reach 34 sites
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Analysis & Insight
Over 55s wield most influence when deciding where to eat out
Older customers are key decision makers when it comes to choosing which venues to visit, while also spending more time in the trade
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Analysis & Insight
Spending up 26.7% over Coronation
Pubs and Bars were up 26.7% year-on-year, while restaurants were up 4.42%, according to Barclaycard
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Analysis & Insight
Pub and bar occasions see year-on-year drop despite holidays
Pub and bar occasions decreased by 1.2 ppts year-on-year in the four weeks to 16 April, while QSR saw a 1.3 ppt rise
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Analysis & Insight
Coronation pub sales trump Jubilee weekend
Draught beer and cider sales were up 5.7% over the Coronation bank holiday weekend compared to the Jubilee bank holiday last year, according to Oxford Partnership
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Analysis & Insight
Easter spend a mixed picture for hospitality
Spend in pubs, bars and on delivery all fared better in April due to the boost in trade from the Easter Bank Holiday, but restaurants saw growth in spend decline further
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Analysis & Insight
London sees footfall bounce back
London has improved its standings in the latest Top Cities table from CGA by NIQ and Wireless Social, following a bounce back in office workers and visitors to the capital over the first quarter of 2023
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Analysis & Insight
Analysts find ‘strong progress’ at TRG
There was a positive reception to The Restaurant Group’s latest trading figures, cost savings, accelerated disposals in Leisure and increased rollout of Wagamama
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Analysis & Insight
Headwinds result in 4,600 closures in 12 months
An average of 12.6 licensed premises have closed per day since March 2022, with restaurants and nightclubs seeing a much steeper decline than pubs, the latest Hospitality Market Monitor from CGA by NIQ and AlixPartners has found
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Analysis & Insight
‘Retaining low-ticket credentials is key to survival of food to go sector’
There has been a 3ppt increase in food to go consumers identifying as being ‘very value led’ year-on-year, according to Lumina Intelligence
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Analysis & Insight
Lumina Intelligence: Has health been deprioritised amidst the cost of living crisis?
There may be a common perception that healthy food is more expensive, but Lumina data shows healthy options have grown in importance for consumers eating out
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Analysis & Insight
Restaurants rely on price rises to stem loss in delivery volumes
Year-on-year delivery and takeaway sales fell 3% in March, with a 9.5% dip in the number of orders, according to CGA
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Analysis & Insight
Prezzo’s painful decline
As the Italian casual dining chain axes another 46 restaurants, MCA examines how the once leading player on the high street has fallen victim to changing consumer tastes and a middle market squeezed by rising costs and inflation
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Analysis & Insight
Inflation continues to outpace sales growth
Like-for-like sales across pub, bar, and restaurant groups were 1.4% ahead of last year but well below inflation, according to the Coffer CGA Business Tracker
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Analysis & Insight
Soaring UK food prices worry households and policymakers
The highest food inflation in 45 years leaves consumers spending more to get less, The Financial Times reports in an analysis of the latest inflation figures
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Analysis & Insight
Consumer confidence sees month-on-month improvement
Consumer confidence is up six points to -30 in April 2023, compared to -36 in March, according to the GfK Consumer Confidence Index
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Analysis & Insight
QSR market adds £1.8bn in value
The top 10 QSR operators are expected to achieve a combined outlet growth of +4.1% in 2023, to a total of 6,116 sites
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Analysis & Insight
Food co insolvencies treble
In the past year, food manufacturers such as Orchard House Foods, who supplied fruit and juice to Pret a Manger, were forced to close their doors
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Analysis & Insight
Pret’s spring refresh relies on both health and indulgence
As two competing trends take over the sector, the food-to-go brand has unveiled a range of new items that cater to changing consumer needs following a pandemic and cost of living crisis
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Analysis & Insight
Leading restaurant brands to grow value in 2023
Lumina Intelligence forecasts the top 10 branded restaurants by turnover are expected to value £2.9bn in 2023, +2.1% ahead of 2019