All Analysis & Insight articles – Page 58
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Analysis & InsightStonegate: Expect a bumpy run-up to Christmas
Stonegate commercial director Suzanne Baker has described ongoing supply chain issues as “absolutely painful”, while a lack of door staff is forcing some of its pubs to close at 9pm.
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Analysis & InsightPub deals show 'genuine demand' for market
Pub deals such as Admiral Taverns’ acquisition of Hawthorn and Punch’s of Ram Pub Company show buyers are willing to look “forwards, not backwards”, Simon Johnson of CBRE has said.
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Analysis & InsightCost increases could cloud TRG’s future performance
There was a generally positive reaction from analysts to The Restaurant Group’s recent first half trading update, which included the 15-week period following the reopening of indoor dining, although longer-term questions remain.
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Analysis & InsightFoodservice faces ‘disruption and inflation’
Chronic labour shortages, insufficient manufactured stocks and post-Brexit challenges on imports are combining to create disruption and inflation across the foodservice sector, the latest CGA Prestige Foodservice Price Index reveals.
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Analysis & InsightHospitality drives job vacancies to record high
The number of employees on UK payrolls recovered to pre-pandemic levels last month, however vacancies also reached a record high, driven by staffing issues in the hospitality sector, according to data from the Office for National Statistics (ONS).
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Analysis & InsightProlonging the Indian summer of spend for restaurants
We all love an Indian summer. Days that cling to the last of the warmth. Enough light to stay those extra hours at pubs and restaurants. Summer menus having their swan song.
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Analysis & Insight‘We are seeing a big uptick in bookings in the months ahead’
City centre-based operators have reported a pick-up in trade this week as workers return to offices, as well as a boost in forward bookings in the run-up to Christmas.
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Analysis & InsightGrowth in delivery and takeaway sales begins to stabilise
Growth in delivery and takeaway sales began to stabilise in July as hospitality fully reopened and consumers returned to eating out, with July’s delivery and takeaway sales 206% higher than the 2019 equivalent. But data from CGA’s Hospitality at Home Tracker indicates that delivery and takeaways accounted for over a third of restaurant and pub groups’ sales in July, with delivery representing one in five sales.
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Analysis & InsightBrandwatch: Tim Hortons
Chances are, that if it is not already the case, then a Tim Hortons outlet will soon be appearing in a town near you. According to Kevin Hydes, chief commerical officer, the brand will shortly announce further openings as it continues its UK expansion, away from its northern focus. MCA spoke with Hydes to find out more about its plans, and travelled to Harlow to experience the brand first-hand.
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Analysis & InsightSupply chain fault lines
Supply chain issues are currently hitting the headlines and affecting trade at operators such as KFC and Nando’s. In addition, beer deliveries could be affected by potential strike action by draymen towards the end of August. So, what are the key issues that are causing these supply chain shortages, is the situation likely to continue and what might ultimately be the consequences?
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Analysis & InsightCashless society
The pandemic may have accelerated the abandonment of cash as a preferred method of payment, but should operators be ditching it all together? MCA’s deputy editor Georgi Gyton explores the issue
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Analysis & Insight93% of licensed venues trading in July
According to CGA’s and AlixPartners Market Recovery Monitor, approximately 5,000 licensed premises reopened in July, meaning 93% of Britain’s pubs, bars, restaurants and other venues are now trading. There are variations by location and type of premise, with groups and food-led sites rebounding strongly. Independents, drinking venues and nightclubs are less likely to be trading. In all, over 98% of food-led premises have reopened. City centre sites are more likely to be trading once more compared to suburban and rural sites.
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Analysis & InsightThe slow simmer of Pho
Pho has taken a slow and steady approach to growth, seeing it reach 30 sites over 15 years. As TriSpan acquires a majority stake in the brand, Finn Scott-Delany examines the trajectory of the Vietnamese noodle specialist, and how it might be accelerated under the man who grew Yo! Sushi to 100 sites.
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Analysis & InsightLumina: Challenging trading made worse by staff shortages
Lumina Intelligence’s Top Of Mind Survey shows that respondents believe that pre-existing recruitment challenges have been exacerbated by Brexit and the pandemic, with 93% of eating out professionals describing the current trading environment as being either challenging or extremely challenging. Yet the majority of those surveyed are expecting trading conditions to improve across the next 12 months. McDonald’s, Pret and Wagamama are admired brands that are making a success of tapping into key trends such as delivery, technology, sustainability and plant based foods.
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Analysis & InsightRegionality breeds content
There have always been the very long-established family firms in the pub sector, colloquially known as the regional brewers.
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Analysis & InsightSports give pub sector boost back to growth
Pubs, bars and clubs saw 30.5% growth in July compared to the same month in 2019, as consumers socialised in beer gardens and returned to nights out.
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Analysis & InsightThe growing appeal of IPOs
After a Covid-induced hiatus, there have been several IPO announcements this year, with companies such as TGI Fridays, Tortilla, Hawksmoor and Giggling Squid considering their options around going public. Meanwhile several more are believed to be weighing up a listing. How much of this is an opportunistic post-Covid trend? Does it represent a structural shift away from the private equity model? And what are the risks and rewards? Dominic Allport, insight editor, reports.
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Analysis & InsightCaution remains as consumers return to nightclubs
Research from CGA indicates consumers have shown strong interest in visiting nightclubs since reopening on July 19, with 43% of 18 to 24 year olds – a core demographic for the late night sector - having visited a nightclub within ten days of them reopening. However, there were also signs of apprehension among some returning guests.
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Analysis & InsightConsumers in favour of social distancing in pubs and restaurants
Almost seven in 10 (65%) of consumers would welcome a return to social distancing measures in pubs and restaurants, according to a new YouGov poll, with half favouring the closure of nightclubs.
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Analysis & InsightOverseas delivery trends are test case for future UK model
Changes to the delivery market in the US and Europe will make “a good test case” for what may happen in the UK, Douglas Jack, research analyst, travel & leisure at Peel Hunt, has suggested.