All Analysis & Insight articles – Page 29
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Analysis & InsightSupply chain fragility continues to hit hospitality
The cost of goods sold reached 27.3% in February 2023 – an increase of more than five percentage points in less than two years, according to new data from Fourth.
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Analysis & InsightUnder-25s spending more on eating and drinking out
Young people are spending 28% more in pubs and bars and 26% on eating out, than in 2022, according to Barclays’ new Evolving the Experience report
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Analysis & InsightDelivery sales stabilise after post-pandemic decline
After an 18-month slide, the balance of eat-in and at-home sales may now be “settling into a new normal”, according to CGA by NIQ’s at Home Tracker
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Analysis & InsightDiversification boosts growth for pubs
Lumina Intelligence insight director Blonnie Whist explored trends in the pub market at MCA’s Pub Conference, from diversification to premiumisation, experiential, and treat-led occasions
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Analysis & InsightWhat next for EG Group’s foodservice business?
MCA explores the implications of Asda’s £2.3bn acquisition of EG Group for its foodservice businesses, including synergies, cross-selling opportunities, and stores which blur the boundaries between retail and hospitality
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Analysis & InsightCost of doing business must be addressed in fight against inflation
The ongoing high costs of doing business need to be “tackled with urgency”, Kate Nicholls, CEO of UKHospitality, has said
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Analysis & InsightMay like-for-likes up overall, but bar groups still struggling
Bars saw a drop despite overall like-for-like growth across managed restaurant, pub and bar groups, according to the Coffer CGA Tracker
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Analysis & InsightCEOs least likely to have accessed EDI training
Business leaders are unlikely to have accessed training on equity, diversity, and inclusion (EDI) despite a strong appetite to do so, according to a new report by Be Inclusive Hospitality
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Analysis & InsightPub closures hit 200-mark in Q1 2023
The number of pubs that have entered insolvency in the past 12 months is up 68% on the previous year, according to accountancy firm Price Bailey
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Analysis & InsightSigns indicate food inflation could ease
Food and manufacturing production costs fell in Britain last month for the first time in seven years, according to the latest Lloyds Bank UK Sector Tracker.
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Analysis & InsightDamage control: Righting the passage of TRG’s share price
Is The Restaurant Group’s new strategy a big enough catalyst to improve the position of its share price or is a more radical shake-up required? MCA reports
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Analysis & InsightDifferentiated pub offer key to boosting sales
From family-friendly events and outdoor cooking to sports and entertainment, Lumina Intelligence’s senior insight manager Katherine Prowse looks at the creative thinking on display in the pub sector
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Analysis & InsightDrinks sales saw double-digit growth in early June
Hot weather and major football matches helped drinks sales achieve double-digit growth in early June, according to CGA by NIQ’s latest Drinks Recovery Tracker data
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Analysis & InsightPopularity of ice-cream parlours soars in Great Britain
The Guardian looks into why number of parlours on high streets in England, Scotland and Wales has soared in the past two years
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Analysis & InsightM&A: ‘Confidence is starting to return’
With a recent flurry of transactions including Snowfox’s £491m sale to Zensho Holdings giving a boost of confidence to the hospitality sector, has the dam finally burst on the covid-era blockage of M&A deals?
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Analysis & InsightFood and drink price inflation jumps back to 21.4%
Inflation in the foodservice sector unexpectedly rose to 21.4% in April after dipping below 20% in March, according to the CGA Prestige Foodservice Price Index
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Analysis & InsightOne-third of customers willing to pay more for sustainable choices, report finds
According to research by CGA and Nutritics, sustainability is a bigger driver for casual dining customers and those aged 18-34
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Analysis & InsightCBRE: Leisure sector resilient to headwinds
Belfast, Bristol, Brighton, Bournemouth and Manchester were named as the top five growth cities for leisure, food and beverage by the real estate advisor
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Analysis & InsightRegional workers back in the office four days a week
A Regional Reit survey found that 65 out of 100 desks were occupied during business hours outside of London, The Times reports.
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Analysis & InsightInclusive policies demanded by consumers, new survey shows
Nearly two-thirds of consumers think a venue’s equity, diversity, and inclusion policy is important, according to UKHospitality and CGA