All Analysis & Insight articles – Page 45
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Analysis & InsightConsumer confidence saw boost last month
The two-point increase seen in July was the first rise on the index compiled by YouGov and the Centre for Economics and Business Research since November 2021
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Analysis & InsightUtility bills triple for operators
Pubs, restaurants and bars are in deeper trouble now than during the pandemic, Sacha Lord, the Night Time Economy Advisor for Greater Manchester, has warned
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Analysis & InsightPlant-based PR: The value of the vegan burger
MCA examines the trend for plant-based only restaurants, their commercial viability, and value as a PR opportunity for bigger players
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Analysis & InsightSouth East worst affected by staffing crisis
London and Brighton were identified as the two cities worst affected by the sector’s labour shortage, according to research by CACI
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Analysis & InsightHospitality spend sees 1.5% decline in July
Consumer card spending on eating and drinking out increased 9% year-on-year but dropped 1.5% between June and July, according to Barclaycard
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Analysis & InsightHuge increase in hospitality businesses in ‘distress’
There are 70% more bars and restaurants in “critical financial distress” than at this point last year, according to insolvency and restructuring advisor Begbies Traynor.
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Analysis & InsightFoodservice inflation reaches 11.5%
June recorded the fifth consecutive month of double-digit percentage inflation, with some categories seeing levels up +20%, according to the latest CGA by NielsenIQ Prestige Foodservice Price Index
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Analysis & InsightNearly two-thirds of top restaurant groups making loss
A record 64% of the UK’s top 100 restaurant companies are now making a loss, according to new research from accountancy group UHY Hacker Young.
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Analysis & InsightBusiness leaders’ confidence plummets
Only 23% of business leaders are confident about the next 12 months for the overall hospitality sector, according to the latest CGA and Fourth Business Confidence Survey
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Analysis & InsightStarbucks: ‘The brand’s not going anywhere’
As the coffeehouse company assesses options for its UK business, MCA examines how the brand has lost ground to its rivals, and how it could regain its innovative edge under a new operator
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Analysis & InsightCACI: ‘You need to understand who your staff are’
Long-term thinking and manageable changes are key to solving hospitality’s recruitment crisis, says managing consultant, head of leisure Arabella Dalloz
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Analysis & InsightWhisper it: is inflation already near its peak?
Economists — and the Tory leadership contenders — are divided over whether prices will peak soon, or keep climbing, The Sunday Times reports
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Analysis & InsightHeatwave causes drinks sales to ebb and flow
Drinks sales both skyrocketed and fell over the four-day heatwave period this month, with cider seeing the biggest uplift, according to CGA’s Drinks Recovery Tracker
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Analysis & InsightSector sees 2.3% revenue decline since 2019
According to the UKHospitality Christie & Co Benchmarking Report, economic and operational challenges have led to a 2.3% contraction in like-for-like revenue
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Analysis & InsightLumina: Who’s counting? Calorie labels are a drag
Brands are continuing to innovate with fresh and lower calorie options to boost choice for health-conscious consumers, writes Blonnie Whist of Lumina Intelligence
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Analysis & InsightEBITDA margins increase for operators
Average margins across bars and restaurant have increased to 15% over the past 12 months, according to a new report by Shaw & Co
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Analysis & InsightDelivery and takeaway sales continue to plateau
Delivery and takeaway sales saw the eighth month of year-on-year decline in June, according to CGA and Slerp’s Hospitality at Home tracker
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Analysis & InsightSector turnover expected to rise by 30% above 2019
Operators across hospitality and leisure reported confidence in growth, albeit hampered by staffing challenges, according to Barclays’ UK Hospitality Challenges report
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Analysis & InsightRegional cities recover vibrancy
Sales over the four-week period to 2 July were an average of 2% higher than in the same time in 2019
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Analysis & InsightConsumer confidence remains at historic low
The overall index score is -41, but has remained relatively static over the past three months, according to GfK’s Consumer Confidence barometer.