All Analysis & Insight articles – Page 25
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Analysis & InsightFlexible Christmas menus key to festive success
Timely adjustments to menus in accordance with bumps in the supply chain will stand companies in good stead as Christmas approaches, says Lynx Purchasing
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Analysis & InsightHospitality spending up year-on-year
Hospitality venues have increased their share of consumers’ spending this year, with 6.5p in every pound going on out-of-home eating and drinking
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Analysis & InsightFoodservice price inflation remains at over 20%
Prices in the foodservice sector fell for the third consecutive month in August, although inflation remains at over 20% year-on-year, according to CGA and Prestige Purchasing
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Analysis & InsightMore people eating out as consumer confidence returns
A larger proportion of UK consumers are having an out-of-home occasion, as participation increases 6 ppts year-on-year
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Analysis & InsightNightclub numbers see sharp decline
Changing consumer habits and Covid-related closures have led to a 30% decline in nightclubs since the start of the pandemic, according to CGA and AlixPartners
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Analysis & InsightStaycations boost pubs and bars despite wet July
Despite wet conditions, pubs and bars have seen a +2.1ppt boost in share as consumers prioritised social-led channels during the summer period
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Analysis & InsightMcWin could build cross-border Italian ‘super group’
Following McWin Capital Partners’ acquisition of Big Mamma - in a deal valuing the Italian restaurant group at £234m - MCA examines the fund’s background, investment strategy, and what it hopes to achieve with its portfolio of brands
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Analysis & InsightKPMG: Economic uncertainty delaying business investment
High interest rates, continued uncertainty and low productivity is expected to pile pressure on the UK economy in the second half of the year
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Analysis & InsightFrom luxury brands to sausage rolls: Six growth stocks to watch
Gareth Roberts, of Gifford’s Managed Fund, explains why Greggs remains great value for money at a tough time for its consumers
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Analysis & InsightUK recession risk deepens but consumers stay unfazed
Britain’s economy displayed clear recession signals, as the Bank of England called a halt to its long run of interest rate increases that have turned the tide on inflation, Reuters reports
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Analysis & InsightMillennials and Gen Z are about to remake capitalism – but they need the Boomers
A $100 trillion legacy has the power to transform the way we live, The Telegraph reports
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Analysis & InsightOperators see improvement in trading
Despite signs of improvement, 68% of leaders are finding trading challenging, and 15% really challenging, Lumina Intelligence’s Top of Mind report reveals
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Analysis & InsightDelivery and takeaway sales rise 6%
Sales grew 6% year-on-year in August, the Hospitality at Home Tracker from CGA by NIQ has shown, making up 13% of groups’ total sales last month.
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Analysis & InsightTech has ‘big role to play’ in staff retention
Technology is helping improve workforce related challenges, with 42% of hospitality leaders investing in digital solutions to help retain staff, according to research from CGA by NIQ and Fourth
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Analysis & InsightBusiness rates relief urgently needed to avoid losing more pubs
Figures showing that 383 pubs closed in the first six months of this year are a “stark reminder” of the realities facing the sector, with urgent action needed on business rates relief
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Analysis & InsightPub demolitions and conversions on rise
The number of pubs being demolished or converted for other uses has risen by more than 50%, according to real estate specialist Altus Group
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Analysis & InsightHow 2023 became the year of the wine bar
A new wave of wine bars is taking the capital’s coolest postcodes by storm and slaking the thirst of younger drinkers
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Analysis & InsightValue consciousness biggest concern for industry leaders
Hospitality leaders have reported a squeeze on household budgets as among the biggest long-term consumer trends affecting the industry, with ethical consumerism seeing a decline in Lumina Intelligence’s Top of Mind report
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Analysis & InsightAutumn menu innovation leans on international flavours
MCA rounds up food-to-go autumn menu launches from brands including Leon, Pret, Gails and Greggs, exploring trends for both indulgence and health as well as new flavours
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Analysis & InsightFast food outlets ramp up menu prices
Figures show considerable price hikes across fast food chains, after Pret came under fire for increasing the cost of some menu items by 72% since 2020