All Analysis & Insight articles – Page 37
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Analysis & InsightDelivery and takeaway continue to plateau
December 2022 sales were twice their pre-Covid levels but 2% behind December 2021 – the 14th month in a row of year-on-year decline, according to CGA
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Analysis & InsightRestaurants dropping meat dishes as costs rise and Veganuary grows more popular
The price of ingredients and rise of veganism have led to a ‘notable decline’ in dishes made with animal products, The Observer reports
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Analysis & Insight‘Extreme suffering’ central to culture of elite kitchens
Chefs in Michelin-starred restaurants share how brutality, burns and beatings are routine to ‘building respect’, The Guardian reports
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Analysis & InsightHospitality contracts 1.6% in three months
The sector has suffered a higher tally of closures in 2022 than in 2021, with inflation in energy bills and other costs leading to a net decline of 1,611 licensed premises in the fourth quarter of 2022, according to AlixPartners and CGA
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Analysis & InsightLeathwaite: ‘Staffing concerns are an opportunity to think about removing barriers’
Leathwaite partner Holly Addison discussed how staff shortages can be resolved and push business leaders to reduce barriers to entry at MCA’s latest FD Leaders event
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Analysis & InsightMore CVAs predicted for ‘tired and leveraged’ operators
Christie & Co says the restaurant sector has been “fundamentally reshaped” post-pandemic, with the popularity of QSR, franchising and drive-thru expected to continue
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Analysis & InsightQSR and fast food continue to lead outlet growth
The top 10 QSR operators by outlets achieved combined outlet growth of 2.5%, with McDonald’s, Burger King, GDK, and Fireaway Pizza among the fastest growing
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Analysis & InsightBrewDog eyes jewels of youthful India
With plans to launch 100 bars in India over the next decade, MCA examines how a craft beer boom, a nascent brewpub culture and young and growing middle class have led the beer rebels to bet big on the vast territory
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Analysis & InsightPubs and restaurants could see revival in second half of 2023
Value-led operators are predicted to lead a revival in fortunes for the sector, according to Deutsche Bank
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Analysis & InsightHospitality sees best December in three years
Operators reported strong trading in December, although sales remain below pre-Covid levels in real terms, according to the latest Coffer CGA Business Tracker
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Analysis & InsightLunch occasion continues to benefit from tighter consumer spending
Consumers opted for affordable, convenient options in the run up to Christmas, with lunch gaining a 1.8ppt share of occasions, according to Lumina Intelligence.
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Analysis & InsightOmnichannel growth increasingly important amid outlet decline
Leading brands saw a combined outlet decline of 0.8% in 2022 but have implemented key initiatives to diversify revenue streams, according to Lumina Intelligence
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Analysis & InsightInflation outpaces growth in eating out market
The UK total eating out market is forecast to have reached £94bn in value in 2022 - only 3% ahead of its 2019 value, following real negative volume growth, according to Lumina Intelligence
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Analysis & InsightSustainable food trend helping in battle with food price inflation
The total proportion of dishes containing meat fell by -3ppts between 2019 and 2022, according to Lumina Intelligence’s Menu Tracker data
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Analysis & InsightSales prices up but transactions down for pubs
The average freehold sale price of pubs increased by 54.6% to £710,978 in 2022, as the quality of sites increased, according to Fleurets’ new Survey of Pub Prices.
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Analysis & InsightSpending boosted by Christmas parties and World Cup
Pubs, bars and clubs saw card spend up 12.6% in December – the biggest uplift since May 2022, despite the impact of the rail strikes, found the latest monthly data from Barclays
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Analysis & InsightThree times a habit for Byron insolvency
Once one of the most promising casual dining brands of its generation, Byron is facing the ignominious prospect of another pre-pack sale, which would be its third restructure in five years. MCA examines the rise and fall of the proper hamburger restaurant operator and asks where it all went wrong
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Analysis & InsightTop 100 restaurant businesses return to profit
Based on company accounts filed as of 30 September 2022, leading businesses made a combined profit of £19.9m, up from a loss of £673m as at Q3 2021, according to UHY Hacker Young
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Analysis & InsightChristmas trading at pubs remains down on pre-pandemic levels
Key Christmas trading days saw draught beer and cider sales 13.6% down on 2019, according to Oxford Partnership
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Analysis & InsightSlow and sticky wins the race: Andreas Karlsson on Sticks’n’Sushi
The Danish-owned sushi and kushiyaki specialist is celebrating the 10th birthday of its UK business with its 10th site on these shores