All Analysis & Insight articles – Page 23
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Analysis & InsightRestaurant growth behind pubs and QSR
Restaurants are more exposed to the impact of dampened consumer spending, staff wage and food and drink inflation, according to the Lumina Intelligence Restaurant Market Report
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Analysis & InsightEV charging drives dwell time at retail-led destinations
52% of EV owners would stay longer at a destination with an improved charging experience, boosting turnover for grab and go, retail, and restaurant venues
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Analysis & InsightSurge in London restaurants charging £150+ per head
Restaurants charging over £100 per head are seeing above-inflation restaurant price hikes, according to Harden’s
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Analysis & InsightPizza accounts for 1 in 5 menu options
The dish has grown share on branded restaurant menus to become the most frequent main option over burger and chicken, according to the Lumina Intelligence Menu Tracker
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Analysis & InsightLicensed venues fall by 3.6%
The total of licences premises at the end of September 2023 fell to 99,916, marking the first time it has dropped below 100,000 in the history of CGA’s Hospitality Market Monitor.
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Analysis & InsightPub spend stays up through October
Card spending on pubs, bars, and clubs rose 5.9% year-on-year in October, boosted by the Rugby World Cup, while restaurants were down 10.3%
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Analysis & InsightPush for business rates support ahead of Autumn Statement
More than half of hospitality businesses will cut investment and staffing levels without business rates support, according to a new survey
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Analysis & InsightExperiential dining key to winning young consumers
According to Lumina, 63% of 18-24 year olds are considered “very experience-led”, with many cash-strapped young people looking for differentiation to justify spend
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Analysis & InsightWhy is McDonald’s being targeted by Pro-Palestinian protests?
As militant activists target potent corporate symbols over their perceived political alliances, MCA explores the PR tightrope brands must walk during such a bitter partisan conflict
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Analysis & InsightFrom stuffy basements to hipster haunts: the evolution of the modern wine bar
Until recently, wine bars were often considered inaccessible and snobby. As a new wave of contemporary natural wine bars pop up, MCA explores the evolution of the category and its potential to grow beyond trendy independents
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Analysis & InsightContemporary fast-food players driving QSR outlet growth
Players such as Popeyes and Wendy’s are expected to lead outlet growth in 2023, according to Lumina Intelligence
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Analysis & InsightKFC calls on businesses to tackle hiring inequality
A study by the fast food chain and youth charity UK Youth found that inequality of opportunity and a culture of nepotism are preventing many young people from landing their first job
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Analysis & InsightRetail inflation at lowest level in a year
Now at 5.2%, falling shop price inflation could boost households’ income and spending in time for Christmas, the busiest period of the year for consumer spending
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Analysis & InsightGreat experiences key to loyalty
A report from Zonal found more than half (52%) of consumers have higher expectations of brands due to cost-of-living, rising to 64% among 18-to-24-year-olds
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Analysis & InsightFurther pub closures forecast for 2024
A combination of energy costs, business rates, and tax pressures will see another 750 pub closures in the first half of 2024, according to Frontier Economics
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Analysis & InsightWhy six pubs are closing every day, with the number across UK falling below 100,000
For the first time since records began, Britain has fewer than 100,000 venues serving alcohol as drinkers shun pubs and clubs due to soaring prices
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Analysis & InsightPremium brands driving restaurant sales growth
Premium restaurant brands are achieving growth with consumers increasingly opting for experience-led quality dining, according to Lumina Intelligence.
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Analysis & InsightLoungers: opportunity to revisit valuation
Analyst Berenberg has increased its price target to 360p, citing recent takeover announcements in the sector leading to greater focus on the low valuations many leisure names have been trading on
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Analysis & InsightNight time economy businesses vanishing at ‘alarming’ pace
The night time economy has seen a 5% decline in independent businesses between 2022 and 2023, according to figures from CGA
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Analysis & InsightIs investment returning to the hospitality sector?
Nick Wallis, partner at Shelley Sandzer Corporate Finance, sees positive signs for the recovery of the sector in a flurry of recent M&A deals