All Analysis & Insight articles – Page 36
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Analysis & InsightRestaurant insolvencies at highest level in years
The last three quarters have all been the worst on record for UK restaurant company insolvencies, with 188 in December 2022 alone, according to Mazars
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Analysis & InsightAverage spend remains behind inflation levels
Average spend on eating and drinking out has risen 8% year-on-year, but remains behind inflation as consumers look to accessibly priced options, according to Lumina Intelligence
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Analysis & InsightNet Zero Now: ‘Every bit of warming matters’
Businesses should look towards environmental and social responsibility despite headwinds, according to founder Simon Heppner
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Analysis & InsightPub and bar insolvencies jump by 83%
Pub and bar company insolvencies increased from 280 in 2020-21 to 512 by the end of 2022, according to UHY Hacker Young.
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Analysis & InsightHow Itsu overhauled its customer experience with kiosks
Chief customer officer Neil Miller describes the “goddamn painful” experience of installing 600 self-ordering kiosks across the brand’s 88-strong estate in nine months
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Analysis & InsightHospitality spending sees strong year-on-year growth
Pubs, bars, & clubs enjoyed an 18.1% boost in consumer card spending in January, while restaurants were up by 4.7%
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Analysis & InsightWhat next for Stonegate’s remaining L&T business?
As the managed pub company reportedly looks to sell off 1,000 pubs from the former Ei leased & tenanted estate, MCA looks at the logic behind the move, and who might be in the running to pick up the package
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Analysis & InsightColliers: ‘Rateable values are up for challenge’
The 2023 business rates revaluation may reflect the effects of the pandemic, but not those of inflation and its impact on trading, Colliers’ head of rating John Webber said at MCA’s FD Leaders event
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Analysis & InsightStaff ‘more productive’ over Christmas
Fourth reports pubs and restaurants enjoyed their best festive season for three years, but sales figures are still yet to return to pre-pandemic levels
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Analysis & InsightOperators look to pricing strategies to drive spend
Average drink prices in the pubs & bars segments rose the most for drinks using £x.49 and £x.95 pricing, in a bid to use strategies to mask price increases, according to Lumina Intelligence
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Analysis & InsightPizza continues to reign supreme on menus
Italian was the most popular main course cuisine on restaurant menus in Q4, while burgers and fried chicken grew their share of dishes, according to Lumina Intelligence’s Menu Tracker
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Analysis & InsightIn pictures: The Alchemist unveils Glasgow interiors
Designed by Blacksheep, the bar and restaurant interior vision draws on a “new age of cosmic alchemy to transport guests into a uniquely immersive bar experience”
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Analysis & InsightFestive sales remain behind in real terms
Six of Britain’s top 10 cities saw higher sales in the festive period compared to 2019, but sales remain behind when adjusted for inflation, according to CGA and Wireless Social
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Analysis & InsightFood menu inflation rises to 4.1%
The average price of food items has risen across all channels, with total food menu inflation at 4.1% between Q3 and Q4 2022, according to Lumina Intelligence
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Analysis & InsightTop 10 pub and bar brands return to net outlet growth
The return to net outlet growth of 0.1% has followed two years of slowing net outlet decline, according to Lumina Intelligence, with Loungers leading the way in terms of expansion with its Lounge brand
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Analysis & InsightBusinesses battle Covid debt, inflation and cost of living
Some 18,905 bars and restaurants are under “significant financial distress”, according to research by Begbies Traynor
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Analysis & Insight‘Low-to-no is growing and growing - let’s embrace it’
MCA examines the explosive rise of the low-to-no alcohol category, which has seen the most growth across the drinks market in recent years as both suppliers and operators take note of evolving attitudes towards moderation
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Analysis & InsightFoodservice price inflation reaches record 24%
Al 10 food categories saw double-digit inflation in December, with oils & fats at a high of 47%, according to the latest CGA Prestige Foodservice Price Index
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Analysis & InsightChristmas 2022: A season of firsts
Lumina Intelligence insight manager Sorcha Simons delves into the latest data to see how the challenges of the festive trading period affected consumer spend and penetration.
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Analysis & InsightAnalysts examine Fuller’s profit downgrade
The pub company was left rueing the damage done by rail strikes in its latest trading update, which saw like-for-like sales down 5% vs 2019 in the four week Christmas and New Year period