All Analysis & Insight articles – Page 21
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Analysis & InsightChristie & Co: ‘Equity players are looking at the long term’
Simon Chaplin, senior director of Pubs, Restaurants, & Franchise, speaks to MCA about the 2024 outlook for M&A, the gap in the market for better burgers, and how QSR is stepping in amid the demise of casual dining
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Analysis & InsightThe energy revolution is not just a green one
Prestige Purchasing founder and chairman David Read sets out why operators may need to take a more data driven approach if they are serious about being more energy efficient
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Analysis & InsightLondon hospitality sector makes £46bn sales in 2023
The capital’s hospitality sector took in more cash last year than pre-pandemic levels, according to data hailed by mayor Sadiq Khan as proof of the industry’s “phenomenal resilience”
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Analysis & InsightThe return of the deal
A growing resurgence of sector M&A and more robust profit margins means this year could be a busy time for both investors and management teams, according to AlixPartners’ Graeme Smith and Craig Rachel
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Analysis & InsightMid-market casual dining will continue to struggle
Pre-Covid overexpansion, challenging trading conditions, and changing consumer habits have resulted in a -5.3% drop in Christie & Co’s restaurant price index
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Analysis & InsightPub sector continues to demonstrate resilience
Christie & Co has predicted an uptick in M&A activity for the pub sector in the year ahead, as funding becomes less difficult and private equity returns to the market
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Analysis & InsightStrong Christmas for pubs and bars as drinks sales rise 7%
Consumers’ growing confidence and a curtailing of rail strikes helped to lift average sales during the festive period, with 290 million pints sold in December
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Analysis & InsightFestive activities give sector 8.9% boost
Christmas parties fuelled spending at pubs, bars and clubs, up 7.9%, while restaurants, though still in a -8.8% decline, had their best month since August.
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Analysis & InsightFestive celebrations boost hospitality spending
Christmas parties and gatherings fuelled spending growth at pubs, bars and clubs by 7.9% in December, according to Barclays data
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Analysis & InsightFoodservice inflation ‘falls like a feather’
The CGA Prestige Foodservice Price Index (FPI) for November saw inflation fall to 15.0% - its lowest level since July 2022 - but the rate of decline remains stubbornly slow
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Analysis & InsightWill weight loss drugs kill the fast food business?
Many firms see the dire forecasts as ‘overblown,’ but they know they will have to adapt products to make ‘every bite counts’
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Analysis & InsightLiving wage 'forces' bar closures
Revolution is shutting one in ten of its venues as it seeks to reduce losses before the government’s increase to the national living wage
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Analysis & InsightCoop to cuisine: the elevation of the chicken shop
As elevated fried chicken concepts pop up across the UK, MCA explores the category’s growth trajectory, how the humble poultry is establishing itself as a one of the country’s most popular cuisines, and how it galvanises diverse demographics - in the latest in a series of immersive, data-led features
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Analysis & InsightDecember sales up 11% year-on-year
Sales were up 14.2% in London, while areas outside London saw 10.5% year-on-year growth, according to data from S4labour
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Analysis & InsightConsumers cut back on restaurants in 2023
While rising household bills put pressure on consumer spending, pubs and bars continued to so well, driven by major public and sporting events
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Analysis & InsightImproved consumer confidence boosts eating out market
Easing inflation and reduced industrial action has bolstered consumer confidence, with eating up participation growing 7.5ppts year-on-year to 56.2% in November
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Analysis & InsightDraught sales up 7.4% boosted by office Christmas parties
Footfall has increased 2.1% compared to last year as consumer dwell time grew 3.3%, according to the Oxford Partnership
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Analysis & InsightTakeaway sales drop as consumer habits evolve
Consumers have changed their at-home ordering habits in recent years, moving away from the collection of meals in favour of delivery to the door, according to CGA by NIQ
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Analysis & InsightKey food and beverage market trends to watch for 2024
Lumina Intelligence examines eight mega trends that underpin developments across all areas of the market and consumer behaviour, including customisation, value scrutiny, and indulgence
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Analysis & InsightGreggs reaches 500th franchise store
The food-to-go retailer opened 71 franchised units in 2023, and continues to target convenient locations such as motorway services areas and petrol filling stations