All Analysis & Insight articles – Page 31
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Analysis & InsightLondon sees continued recovery in sales
Managed restaurant, pub and bar groups in the capital achieved year-on-year sales growth of 10.4% in April 2023, just ahead of inflation, the latest Coffer CGA Business Tracker has shown.
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Analysis & InsightFood to go: What’s inspiring spring/summer NPD
MCA explores the trends influencing the new spring/summer launches from the UK’s leading food to go brands and how they stack up against competition from the grocery retailers.
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Analysis & InsightBrandwatch: Barburrito
Second in scale in the fast-casual Mexican market, MCA explores Barburrito’s journey, customer perceptions of the brand and whether the acquisition by TRG could give it a new lease of life
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Analysis & InsightAverage spend declines year-on-year
Rail strikes, the March 2023 budget, and increased consumer confidence all caused volatility in weekly penetration, according to Lumina Intelligence
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Analysis & InsightDelivery and takeaway sales see slight decline
Sales fell by 1% year-on-year in April, the new Hospitality at Home Tracker from CGA by NIQ has shown, making up 14% of groups’ total sales last month
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Analysis & InsightTGI Fridays goes back to basics
As the once-trendy cocktail concept looks to reconnect with its New York roots, MCA considers whether this latest plan is enough rejuvenate the fatigued brand
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Analysis & InsightFoodservice price inflation under 20% for first time in five months
There has been an easing in the price of key commodities, including dairy, according to the latest CGA Prestige Foodservice Price Index.
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Analysis & InsightPopeyes 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 & InsightOver 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 & InsightSpending 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 & InsightPub 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 & InsightCoronation 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 & InsightEaster 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 & InsightLondon 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 & InsightAnalysts 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 & InsightHeadwinds 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 & InsightLumina 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 & InsightRestaurants 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 & InsightPrezzo’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