All Analysis & Insight articles – Page 5
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Analysis & InsightWill weight loss drugs kill the fast food business?
Many firms see the dire forecasts as ‘overblown,’ but they know they will have to adapt products to make ‘every bite counts’
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Analysis & InsightLiving wage 'forces' bar closures
Revolution is shutting one in ten of its venues as it seeks to reduce losses before the government’s increase to the national living wage
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Analysis & InsightCoop to cuisine: the elevation of the chicken shop
As elevated fried chicken concepts pop up across the UK, MCA explores the category’s growth trajectory, how the humble poultry is establishing itself as a one of the country’s most popular cuisines, and how it galvanises diverse demographics - in the latest in a series of immersive, data-led features
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Analysis & InsightDecember sales up 11% year-on-year
Sales were up 14.2% in London, while areas outside London saw 10.5% year-on-year growth, according to data from S4labour
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Analysis & InsightConsumers cut back on restaurants in 2023
While rising household bills put pressure on consumer spending, pubs and bars continued to so well, driven by major public and sporting events
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Analysis & InsightImproved consumer confidence boosts eating out market
Easing inflation and reduced industrial action has bolstered consumer confidence, with eating up participation growing 7.5ppts year-on-year to 56.2% in November
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Analysis & InsightDraught sales up 7.4% boosted by office Christmas parties
Footfall has increased 2.1% compared to last year as consumer dwell time grew 3.3%, according to the Oxford Partnership
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Analysis & InsightTakeaway sales drop as consumer habits evolve
Consumers have changed their at-home ordering habits in recent years, moving away from the collection of meals in favour of delivery to the door, according to CGA by NIQ
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Analysis & InsightKey food and beverage market trends to watch for 2024
Lumina Intelligence examines eight mega trends that underpin developments across all areas of the market and consumer behaviour, including customisation, value scrutiny, and indulgence
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Analysis & InsightGreggs reaches 500th franchise store
The food-to-go retailer opened 71 franchised units in 2023, and continues to target convenient locations such as motorway services areas and petrol filling stations
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Analysis & InsightMajority of consumers protecting spend in restaurants and bars
Almost two thirds (63%) of people said they will spend at least at much as they did before in the restaurant and bars sector in 2024
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Analysis & InsightConsumers spending less on a late night out
Total spend on a night out has decreased by 2.1% to £73.19 per person on average, now more in line with expenditures in Autumn last year
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Analysis & InsightRekom UK: The night time industry has always had to adapt
As socialising habits shift, the late-night operator has refocused its efforts on the bar sector, chairman Peter Marks tells MCA
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Analysis & Insight‘Solid’ sales performance for hospitality businesses last month
November was a strong month for pubs, where like-for-like sales were 5.0% ahead of 2022, whilst restaurant growth reached 4.9%.
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Analysis & InsightPint sales decrease -2.1% in second week of December
Last year’s sales were driven by the World Cup quarter finals, creating a -2.1% drop year-on-year in the second week of December
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Analysis & Insight‘Who would have thought it, a kebab for breakfast?’
MCA examines German Doner Kebab’s controversial new breakfast offering, a doner egg brioche, and a wrap laden with doner meat, onion, melted cheese and garlic sauce
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Analysis & InsightSeasonal socialising dampens spend on restaurants
Consumer card spending on restaurants fell further into decline in November, decreasing to -11.9% year-on-year, according to Barclaycard
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Analysis & InsightHospitality debt burden tops £3bn for first time
The debt burden of the UK’s top 30 restaurant groups has broken through £3bn for the first time, according to new research by UHY Hacker Young
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Analysis & InsightEating out occasions driven by necessity
Consumers are increasingly opting for low ticket meal occasions and affordable channels, according to Lumina Intelligence
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Analysis & InsightApollo’s TRG bid creates ‘fear of missing out’
The investment giant has fired the starting pistol on dealmaking activity, and will encourage rival firms to revisit the sector for fear of being too late, according to AlixPartners MD Graeme Smith