All Analysis & Insight articles – Page 51
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Analysis & InsightWork from home costing £3bn
As many as 77,000 jobs in retail and hospitality could be lost or relocated with a permanent reduction in the amount spent on coffees and lunches in city locations
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Analysis & InsightWaste not, want not
Of all the ways operators are looking to reduce their impact on the environment, tackling food waste not only ticks the box for ESG, it makes sound business sense in a time of soaring food inflation, MCA reports
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Analysis & InsightRecruitment: ‘You have to go the extra mile’
With EU workers having left the UK hospitality sector and Brits failing to fill the gaps, MCA asks operators how they are mitigating the challenges around recruitment
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Analysis & InsightPub spending up 41% in March
The surge follows the the lifting of all remaining restrictions at the end of February, and warm weather, which encouraged people to go out for a drink
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Analysis & InsightAverage spend fell 9% in Q1 2022
The lunch occasion took the biggest hit, but breakfast saw a rise in average spend of 4% as workers returned to their offices, according to Lumina Intelligence
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Analysis & InsightBars failing to engage on sustainability
Consumers are actively seeking out eco-information, with 49% stating they consider green credentials when choosing a drinks venue, according to a new report
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Analysis & InsightEU staff levels fall to new low
EU employees now account for 28% of the hospitality workforce, down from 42% before the pandemic, according to Fourth
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Analysis & InsightHospitality sector remains unconvinced by value of calorie labelling
The new legislation, which comes into effect from today, has been branded as “totally unnecessary” and “silly” by operators, while trade bodies are calling for leniacy around the deadline for implementation
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Analysis & InsightDeliveroo CEO disappointed with share price since listing
In its first annual report since the delivery company listed last year, founder and CEO Will Shu admitted share price performance had been “poor”
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Analysis & InsightRent arbitration scheme risks ‘two-tier system’
Property experts have told MCA the new law designed to resolve outstanding Covid rent debts could create an unlevel playing field for hospitality businesses. One described the legislation as “not substantial enough” and a “waste of time”
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Analysis & InsightSales up in the UK’s largest cities
A new report from CGA and Wireless Social saw hospitality sales rising 3% on 2019 levels, with Glasgow topping the list as the most vibrant city
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Analysis & InsightBerenberg: ‘TRG’s growth outlook is best-in-class’
The analyst said that despite facing significant cost inflation this year, it thinks TRG can still outperform consensus earnings expectations
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Analysis & InsightAirports near pre-pandemic levels
Pret’s sales at airports were 96% of pre-pandemic levels last week, as airlines see demand pick up after two years of restrictions
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Analysis & InsightSt Patrick’s Day boost for drinks sales
Out-of-home drinks sales last week were up 7% on pre-pandemic levels, CGA’s latest Drinks Recovery Tracker reveals
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Analysis & InsightEnd of moratorium will benefit smaller groups
Morris Greenberg, managing director CDG Leisure, said emerging companies would be able to take advantage of low premiums and fully fitted restaurants coming to market
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Analysis & InsightVAT: ‘We need a fair and sustainable system’
In anticipation of the Chancellor’s spring Budget statement this afternoon, operators tell MCA it’s critical that government extends the 12.5% VAT rate
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Analysis & InsightAndy Hornby: ‘As an industry, we should still be very worried’
The Restaurant Group’s CEO has warned that VAT and price inflation are masking the true performance of the market
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Analysis & InsightLunch sees share gain as office workers return
As more workers returned to the office last month, lunch grew to make up more than one in four occasions in the overall eating and drinking out market, according to Lumina Intelligence
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Analysis & InsightDelivery and takeaway sales remain strong
Eat-at-home sales accounted for around 26 pence in every spend within managed pub and restaurant groups last month, according to the latest CGA & Slerp Hospitality at Home Tracker
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Analysis & InsightReform on single-use plastic on the way
Operators should stay one step ahead in anticipation of “significant regulatory reform”, according to campaign group City to Sea