All Analysis & Insight articles – Page 34
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Analysis & InsightShift to electric cars ‘biggest transformation in 100 years’
Moto CEO Ken McMeikan tells MCA’s Food to Go Confernece how EV drivers stop more often, dwell longer at motorway service areas and spend more money on average
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Analysis & InsightRecruitment: ‘We need to start thinking about Gen Alpha’
The generation after Gen Z is likely to have equally high expectations about the companies they choose to work for, MCA’s Food to Go Conference heard
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Analysis & InsightUpselling, meal deals and customisation drive ATV
Menu engineering can bring an added layer of possibilities for operators, Vita Mojo implementation team lead Becca Painter told MCA’s recent Food to Go conference
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Analysis & InsightRecruitment struggles easing in food to go sector
Both Leon and Pure have found that it has been easier to recruit staff in recent months, although there are still challenges in attracting people to the sector
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Analysis & InsightConsumers are eating out less often
Frequency of visits in the eating and drinking out sector are down 7% year-on-year, as consumers reduce the number of occasions out of home due to the rising cost of living, new data from Lumina Intelligence has found.
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Analysis & InsightInterest rate rises in doubt as fear of new global crisis rattles central banks
The Guardian argues concern about the finance sector, plus renewed momentum in the economy, could halt rises City analysts thought were a certainty
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Analysis & InsightFood to go leaders positive about direction of travel
Steadily increasing footfall, particularly on the high street, has been encouraging for the food to go sector, despite the impact of the rail strikes
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Analysis & InsightDemand concentrated in choice locations
Footfall recovery in the capital has been uneven, with lots of supply based in the wrong locations, Rob Meadows of DCL told the Food to Go conference
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Analysis & InsightRising prices prop up spend on delivery
The volume of delivery orders fell by 13.3% in February, a reflection of consumers reducing frequency but spending more because of rising prices
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Analysis & InsightLeisure openings driven by ‘race for space’ from fast food operators
The overall leisure sector saw 904 net new units added in 2022, driven by fast food takeaway operators, according to a new LDC report
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Analysis & InsightCafés and pubs are expanding delivery
Pubs, bars, coffee shops, and bakeries have all increased their delivery availability, with delivery-focused pizza specialists seeing declining market share as a result
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Analysis & InsightFood to go triumphs over more expensive F&B brands
Consumers are prioritising spend with affordable operators, driven by successful expansion strategies, according to CACI
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Analysis & InsightDelivery to reach value of £14.4bn
Lumina Intelligence forecasts the 7.8% growth in 2023 will be driven by investment in technology, as well as inflation and rising fees
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Analysis & InsightLabour shortages ease - but rising wage bills add to pressure
The Business Leaders Survey from CGA and Fourth shows vacant roles are down, though few feel confident about their ability to recruit
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Analysis & InsightCost of living hits food to go
Visit frequency is down 2%, but average spend is up +12%, driven in part by inflation, according to Lumina Intelligence
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Analysis & InsightMan and machine: The future of robotics in hospitality
With operators battling labour shortages and rising costs, could robots be the answer? MCA explores their current usage, the benefits seen by operators, and the potential for their wider usage in the UK hospitality sector
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Analysis & InsightRestaurant spend dips year-on-year
Consumer spending in restaurants saw a decline in February, down 3% on 2021 figures, according to the latest credit and debit card spending data from Barclays, but spend in pubs was up
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Analysis & InsightOlder people return to workforce
The number of 50 to 64-year-olds preparing to get back to work rose sharply in the final three months of 2022, according to analysis by the Institute for Fiscal Studies (IFS)
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Analysis & InsightCIPD: ‘Red hot’ demand for more staff
Vacancies in the hospitality sector remain at a record high and almost twice the level of most other sectors, according to analysis by the Chartered Institute of Personnel and Development
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Analysis & InsightVarious Eateries is confident the fog will clear
CEO Yishay Malkov concedes that the Coppa Club operator’s bottom line took a big hit last year, but he is confident its strategy for maintaining slow and steady growth will pay off