All Analysis & Insight articles – Page 42
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Analysis & InsightA new chapter for Hickory’s
Managing director John Welsh has long talked about the “scope for many more” restaurants – and with the business now taken under Greene King’s wing, this ambition is a step closer to being realised
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Analysis & Insight‘Hospitality will survive, it’s just a question of who’
Uncertainty over costs is proving one of the biggest headaches for operators as they look to ride out economic challenges. MCA speaks to expert commentators about the current pressures, and how businesses can look to take back control amid financial turbulence
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Analysis & InsightConsumers cutting back on eating out
Restaurant spend fell 12.2% in September, with pub and bar spend in negative territory for the first time since March 2021, as consumers choose to stay in, according to Barclaycard
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Analysis & InsightWest End footfall still 20% down on pre-pandemic levels
Monthly sales forecasts are being revised down for the remainder of 2022, according to research from the New West End Company.
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Analysis & InsightFoodservice Price Index tops 15% for first time
Droughts, the war in Ukraine, and soaring costs of commodities, energy, and labour throughout the supply chain contributed to the record high, according to the CGA Prestige Foodservice Price Index
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Analysis & InsightFive Guys boosts UK profits
Five Guys has reported a 45% increase in revenue within its UK business, to £237.3m for the year to 31 December 2021,with profit after tax of £26.2m - up from £1.8m the prior year.
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Analysis & InsightLumina Intelligence: Pubs continue to be cornerstone of UK life
Value for money is increasingly important to hard-hit consumers, presenting operators with new opportunities, Katie Prowse, senior insight manager, Lumina Intelligence writes
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Analysis & InsightWhy fashionable restaurants are becoming more alike
Social media amplifies similarity at unimaginable speed, writes Tim Hayward for the FT
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Analysis & InsightBosses open doors to the army of forgotten workers
Re-training, apprenticeship schemes and coaxing back retired staff could all help plug the jobs gap, writes Matilda Davies for The Sunday Times
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Analysis & InsightHow Britain fell in love with the drive-thru
The craze for dining in your car has become a multibillion-pound business with chains fighting over prime sites, The Sunday Times explores in a special report
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Analysis & Insight‘Being sustainable is an ongoing journey’
Both Nando’s and Rare Restaurants are working toward a target of becoming net zero by 2030, but the work doesn’t stop there, MCA’s Restaurant Conference heard
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Analysis & InsightCalorie labelling alters consumer behaviour
Research from CGA’s Food Insights report indicates half of consumers would change their choice of item based on number of calories
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Analysis & InsightConsumers continue to prefer delivery over click and collect
Delivery sales in August were 13% up on 2021, while click and collect sales fell by 25%, according to CGA’s Hospitality at Home Tracker
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Analysis & InsightAlixPartners: ‘Underlying dynamics of hospitality remain strong for investors’
Despite short-term disruption, the sector should focus on the longer-term positive outlook, MD Graeme Smith told delegates at MCA’s Restaurant Conference
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Analysis & InsightRise in average spend remains behind inflation levels
Spend rose by 8% in the four weeks to 4 September, remaining behind inflation levels due to consumer concern around finances, according to Lumina Intelligence
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Analysis & InsightGen Z and Millennials cut back hospitality spend
In order to save money, 69% of 18-34 year olds are either reducing or stopping eating out
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Analysis & InsightEnergy cost pressures mean ‘it’s impossible to plan’
The challenges posed by energy costs and the need to review restaurant design to capitalise on delivery sales, were debated at a special leaders’ roundtable at MCA’s Restaurant Conference.
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Analysis & InsightUK restaurant market forecast to reach £18.2bn in 2022
Despite considerable challenges, the sector is closing in on its pre-pandemic value, with the branded segment of the market driving growth, Lumina Intelligence’s insight director Blonnie Whist told MCA’s Restaurant Conference
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Analysis & InsightEmployee benefits: The perfect package
It’s not just about offering any old benefits package, it’s important to offer benefits that actually matter to your staff. MCA explores different approaches to rewarding staff, featuring commentary from Fuller’s, Loungers, PizzaExpress and CG Restaurants & Bars
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Analysis & InsightConsumer confidence falls to record low
Consumer confidence has dropped to -49 in September, the lowest since records began in 1974, according to the GfK consumer confidence index