All Analysis & Insight articles – Page 53
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Analysis & InsightRevolution in strong position to ramp up expansion
Strong like-for-like sales in restriction free trading periods coupled with less competition in the late night sector puts Revolution in a favourable position, analyst Peel Hunt believes
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Analysis & InsightPizzaExpress rebrand: Hit or miss?
As the casual dining stalwart unveils its new brand identity, MCA asks strategy experts to weigh in on how successful the campaign is in its pitch to a younger, more diverse consumer
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Analysis & InsightChain restaurant dish counts down by a fifth
Menus contained an average of 64 dishes in 2021, compared to two years previously – the steepest decline in the total eating and drinking out market, according to Lumina Intelligence
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Analysis & InsightStaff shortages create ‘forever tension between supply and demand’
As operators continue to struggle with staff shortages, MCA examines how regional groups in tourist hotspots are tackling the unique challenge of attracting and retaining talent
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Analysis & InsightSustainability a key factor in ordering decisions
Deliveroo’s Share of Stomach found 61% think carefully about where their food comes from, while awareness about health and nutrition is also a high priority
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Analysis & InsightIndustry has lost £115bn to pandemic
UKHospitality CEO Kate Nicholls said the figures laid bare the “utter devastation” two years of pandemic had wreaked on the sector
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Analysis & InsightPopularity of restaurant lunches on the up
Lunch’s share of occasions increased by +9ppts in the 12 weeks to 23 January, with dinner occasions seeing a decline, according to Lumina Intelligence’s new UK Restaurant Market Report 2021/22
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Analysis & InsightInflation: ‘Inevitable’ costs will be passed on to consumer
As inflation reaches a new 30-year high, MCA examines the situation within hospitality, and asks how a squeezed consumer is likely to react to rising prices in restaurants and bars
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Analysis & InsightAverage spend increased during January
Average spend increased by +3.7% in the four weeks to 23 January 2022, according to new data from Lumina Intelligence.
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Analysis & InsightOperators see ‘reasonable revival’ in January
Rising consumer confidence and the easing of restrictions helped managed pub, bar, and restaurant groups to a modest sales increase in January, the latest Coffer CGA Business Tracker reveals
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Analysis & InsightHigh street footfall continues to rise
Springboard reports footfall rose in all types of town centre, with the largest increase of 7.1% seen in regional cities outside of London, versus a 3.3% jump in central London
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Analysis & InsightBeer sales worth £5.7bn lost in 2021
The new data from the British Beer and Pub Association (BBPA) reveals the dramatic impact of the pandemic on licensed premises in 2021
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Analysis & InsightOperators reluctant to pass cost pressure on to consumers
Despite the increasing cost of energy, labour and raw materials, hospitality operators have told MCA they are hesitant to dampen consumer demand by upping their prices
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Analysis & InsightLeeds ‘most vibrant’ city for hospitality
The city was most vibrant out of 10 key UK cites, with a -0.2% drop in sales compared with the same period in 2019, according to new research from CGA and Wireless Social
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Analysis & InsightReputational damage control
Despite BrewDog’s insistence it is addressing claims of a toxic culture, negative headlines surrounding the conduct of its CEO James Watt continue to surface. MCA explores where the tipping point lies between the value of a brand’s founding principles and its long-term reputation
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Analysis & InsightRestaurant spend down 17.5% in January
Valentine’s Day, growing inbound tourism, and consumers spending more on activities and experiences are expected to boost spending in the near term, Barclaycard reports
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Analysis & InsightModest revival in out-of-home drinks sales
Sales of drinks in the week to 29 January were 8% down on the equivalent period in 2020, CGA’s latest Drinks Recovery Tracker has found
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Analysis & InsightLeading casual dining brands in strong position post-pandemic
The top 10 UK casual dining brands are forecast to grow their combined outlet count by +1.1% to 5,566, according to Lumina
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Analysis & InsightConsumers want more tech in hospitality
Voice ordering, virtual reality and sophisticated chatbots could be part of the future for restaurants, according to OpenTable
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Analysis & InsightAverage side dish price sees double-digit growth
The entry and exit prices of side dishes in chain restaurants are on the up as operators look to premiumise their offering, according to Lumina Intelligence